The EURUSD price fluctuates at 1.0455$ level and keeps its stability above it until now, getting continuous positive support by the EMA50, noticing that stochastic got rid of its negative momentum to gain new positive momentum.
KILT/USD kept falling in the intraday levels, amid the dominance of the main downward trend in the medium term, while trading alongside the secondary short-term trend line, with negative pressure due to trading below the 50-day SMA, coupled with negative signals from the RSI despite settling at oversold levels.
Therefore we expect more losses for the price, targeting the support of $0.034, provided the resistance of $0.121 holds on.
Trend forecast for today: Bearish
IOTA’s currency price (IOTAUSDT) fell in the intraday levels amid negative pressure due to trading below the 50-day SMA, and amid the dominance of the downward correctional trend in the short term, with negative signals from the RSI after reaching overbought levels.
Therefore we expect more losses for the price, provided it settles firmly below $0.2528, thus targeting the support of $0.1737.
Trend forecast for today: Bearish
Polygon’s currency price (MATICUSDT) fell in the intraday levels, while hurt by a negative divergence in the RSI after it reached overbought levels compared to the price’s movements, thus sending out negative signals, while readying to breach the pivotal support of $0.286, amid the dominance of the main downward trend, as it traded alongside the secondary short-term trend line, with negative pressure due to trading below the 50-day SMA.
Therefore we expect more losses for the price, provided the support of $0.286 was breached, thus targeting the next one at $0.149.
Trend forecast for today: Bearish