(EURUSD) declined in its last intraday trading, amid the dominance of the main bearish trend on short-term basis, with the emergence of negative signals from relative strength indicators, after reaching overbought levels, and the negative pressure continues due to its trading below EMA50.

Litecoin (LTCUSD) price recorded a decline in its latest intraday trading, amid the emergence of negative signals from the Stochastic indicator after reaching extremely overbought levels. The price is attempting to gain positive momentum that could help it recover and move higher again, while a short-term corrective bullish trend remains dominant with price moving alongside a supporting minor trendline. The cryptocurrency also benefits from dynamic support represented by trading above its 50-day SMA, which enhances the chances of further gains in the near term.

Therefore we expect the cryptocurrency price to rise during its upcoming intraday trading sessions, especially as long as it remains stable above $54.70, targeting the key resistance level at $58.50.

Today’s price forecast: Bullish

Carnival Corporation (CCL) stock price recorded a decline in its latest intraday trading, after the stock was exposed earlier to negative pressure following its move below the support of its 50-day SMA. Negative signals have also emerged from the Stochastic indicator after the price managed to ease part of its oversold conditions, which increased the downside pressure and led to the break of a main short-term bullish trendline.

Therefore we expect the stock price to decline during its upcoming trading sessions, as long as it remains below the resistance level at $29.75, targeting the key support level at $24.95.

Today’s price forecast: Bearish

Nucor Corporation (NUE) stock price recorded a decline in its latest intraday trading, as the stock found support at its 50-day SMA in an attempt to gain positive momentum that could help it recover and move higher again. This comes alongside support from a short-term minor bullish trendline, which enhances the chances of a near-term recovery, especially with the emergence of positive signals from the Stochastic indicator after forming a positive divergence.

Therefore we expect the stock price to rise during its upcoming trading sessions, as long as support at $170.50 remains intact, targeting the first resistance level at $185.30.

Today’s price forecast: Bullish