The (EURUSD) continued the decline in its last trading on the intraday levels, amid the emergence of negative signals on the (RSI), despite reaching oversold levels, breaking minor bullish trend line on the short-term basis, exhausting its positive chances that might help it to gain the positive momentum to recover and rise again, leaning on the support of EMA50.
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DOGECOIN (DOGEUSDT) slipped lower in its latest intraday trading, as negative signals emerged from the RSI indicators after reaching extreme overbought levels. The price is now attempting to gain positive momentum that may help it recover and rise again, supported by its 50-period SMA and its test of a short-term ascending trendline.
Therefore, we expect the currency’s price to rise in upcoming intraday trading, as long as the support at 0.21865 holds, targeting the resistance level of 0.25574 again in preparation to challenge it.
Today’s price forecast: Bullish
NEIRO (NEIROUSDT) saw sharp losses in its latest intraday trading, with the price breaking below its 50-period SMA support, exposing it to negative pressure. The short-term downtrend remains dominant, with trading occurring along a trendline that supports this bearish path, while negative signals are emerging from the RSI indicators after reaching extreme overbought levels, reinforcing this negative scenario.
Therefore, we expect the currency’s price to decline in upcoming intraday trading, as long as the resistance at 0.00045898 holds, targeting the key support level of 0.00035718.
Expected trend for the upcoming trading: Bearish
Palantir Technologies Inc.’s stock price (PLTR) declined in its latest intraday trading, as the stock attempted to gain positive momentum that could help it recover and rise again. At the same time, it is trying to ease its apparent overbought condition in the RSI indicators, especially with negative signals appearing, while continuing to receive positive support from trading above its previous 50-day SMA, and remaining under the control of the main upward trend, trading along a short-term trendline supporting this path.
Therefore, we expect the stock to rise in its upcoming trading, as long as the $161.45 support level holds, targeting the psychological resistance level of $200.00.
Today’s price forecast: Bullish