(EURUSD) extended its gains in its last intraday trading, supported by the emergence of the positive signals from the relative strength indicators, to test minor bearish trend line on short-term basis, amid the continuation of the negative pressure due to its trading below EMA50, reducing the chances of sustainable recovery on near-term basis.

Cardano (ADAUSD) price recorded gains in its latest intraday trading, as the price retested the key resistance level at $0.2500. However, negative dynamic pressure remains in place as it continues to trade below its 50-day SMA, reinforcing the stability and dominance of the main bearish trend, especially with price moving alongside a minor trendline supporting this path. In addition, the Stochastic indicator has reached extremely overbought levels relative to price action, signaling a potential fading of the positive momentum after the price managed to recover part of its previous losses.

Therefore we expect the cryptocurrency price to decline during its upcoming intraday trading sessions, as long as resistance at $0.2500 remains intact, targeting the support level at $0.2335.

Today’s price forecast: Bearish

PVH Corp (PVH) stock price recorded a decline in its latest intraday trading after the stock came under negative pressure following its move below the support of its 50-day SMA. This comes amid the dominance of the main bearish trend over both the medium and short term, with price moving alongside a minor trendline supporting this path. In addition, negative signals are emerging from the Stochastic indicator despite reaching deeply oversold levels.

Therefore we expect the stock price to decline during its upcoming trading sessions, as long as it remains below the resistance level at $67.20, targeting the key support level at $60.60.

Today’s price forecast: Bearish

American Express Company (AXP) stock price recorded a decline in its latest intraday trading, amid the dominance of a steep short-term corrective bearish wave. Negative pressure remains in place as the stock continues to trade below its 50-day SMA, which increases the surrounding downside pressure, especially with the Stochastic indicator beginning to show a renewed negative crossover.

Therefore we expect the stock price to decline during its upcoming trading sessions, as long as it remains below the resistance level at $316.00, targeting the first support level at $288.00.

Today’s price forecast: Bearish