The (EURUSD) wore green in its last intraday trading, breaching the key resistance at 1.1650, surpassing the resistance of EMA50, and announcing its full recovery, especially with the emergence of the positive signals on the (RSI), after reaching oversold levels.
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Flow (FLOWUSDT) price continued its decline in its latest intraday trading, breaking below the key support level at $0.368. The move comes under the control of a short-term corrective downtrend, with price action moving along a supporting trendline for this bearish path. Negative pressure persists as the token trades below its 50-day simple moving average, while additional downside risks are reinforced by negative signals on the RSI, after it successfully unwound its oversold levels, giving space for further losses in the near term.
Therefore, we expect the price to decline in its upcoming intraday trading, especially while it remains below $0.368, targeting its first support level at $0.348.
Today's price forecast: Bearish
UiPath, Inc. stock price (PATH) declined in its latest intraday trading, as it continues to face negative pressure from trading below its 50-day simple moving average, under the control of a short-term corrective downtrend and moving along a supporting trendline for this bearish path. In the background, we also notice the start of negative signals appearing on the Stochastic after reaching heavily overbought areas, in an exaggerated manner compared to price movement, indicating the formation of a negative divergence that will add further pressure on the stock in the near term.
Therefore, we expect the stock price to decline in its upcoming trading, as long as resistance holds at $11.84, targeting its first support level at $10.11.
Today's price forecast: Bearish
C3.ai, Inc. stock price (AI) declined in its latest intraday trading, under full control of the medium-term main downward trend and its movement along a supporting trendline. The stock was also pressured after breaking below the key support level of $18.64 earlier, with continued negative pressure from trading under its 50-day simple moving average. The recent decline came after the stock previously managed to unwind its oversold condition on the Stochastic, but now we see the beginning of a negative crossover, giving it more room to post additional losses in the near term.
Therefore, we expect the stock price to fall in its upcoming trading, as long as it remains below $18.64, targeting the next support level at $13.50.
Today's price forecast: Bearish