The (EURUSD) price declined in its last intraday trading, as we expected after retesting 1.1700 key resistance, accompanied by hitting EMA50’s resistance, which forced it to bounce lower, especially with the dominance of the bearish corrective trend on the short-term basis and its trading alongside trendline, with the emergence of negative overlapping signals from the relative strength indicators, after reaching the overbought levels.

Zcash (ZECUSD) price recorded a slight advance amid choppy movements in its latest intraday trading, under the dominance of a short-term corrective downward wave. The price remains under continued negative pressure from trading below its SMA50, which represents dynamic resistance that limits recovery prospects in the near term, especially with the formation of a negative divergence on the RSI after it reached extremely overbought levels in an exaggerated manner compared to price action, alongside the beginning of a negative crossover.

Therefore we expect the cryptocurrency price to decline in upcoming intraday trading, as long as the $450.00 resistance level remains intact, to retest the key support at $370.85, with strong chances for a break.

Today’s price forecast: Bearish

Clorox Company (CLX) stock price recorded further gains in its latest intraday trading, amid the dominance of a short-term corrective upward wave, benefiting from dynamic support represented by trading above its SMA50. This comes alongside incoming positive signals from the RSI, despite the indicator reaching extremely overbought levels, which suggests that positive momentum may be insufficient to extend the stock’s gains significantly in the near term.

Therefore we expect the stock price to rise in upcoming trading, to target the nearby and key resistance level at $108.10, where it would be preferable to adopt a neutral stance and wait for the stock’s behavior around this important resistance.

Today’s price forecast: Bullish

Xerox Holdings Corp. (XRX) stock price recorded a decline in its latest intraday trading, amid continued negative pressure from trading below its SMA50, which reinforces the impact of the main downward trend on both the medium and short term. In the background, the RSI has reached extremely overbought levels in an exaggerated manner compared to price action, suggesting the beginning of a negative divergence formation.

Therefore we expect the stock price to decline in upcoming trading, as long as the $2.85 resistance level remains intact, to target the key support at $2.32.

Today’s price forecast: Bearish