Gold’s price declined in its last intraday trading, amid the continuation of its trading below EMA50, with the emergence of negative overlapping signals from the relative strength indicators, after offloading its oversold conditions, intensifying the negative pressure, to lean on minor bullish trend line on the short-term basis, as a last chance for gaining the positive momentum that might help it to recover and rise again.

(EURUSD) price kept declining in its last intraday trading, to surpass 1.1520 support level, which represents a price target in our morning analysis, amid the dominance of the main bearish trend with its trading alongside minor trend line, with the continuation of the negative pressure due to its trading below EMA50, with the emergence of negative overlapping signals on the relative strength indicators, after offloading its oversold levels.

Ethereum Classic (ETCUSD) price recorded a decline in its latest intraday trading, amid continued negative pressure resulting from trading below its 50-day SMA, which reinforces the stability and dominance of the main bearish trend, especially with price moving alongside a short-term minor trendline supporting this path. In addition, the Stochastic indicator is showing negative signals, which increases the surrounding downside pressure.

Therefore we expect the cryptocurrency price to decline during its upcoming intraday trading sessions, as long as resistance at $8.40 remains intact, targeting the key support level at $7.85.

Today’s price forecast: Bearish

Intel Corporation (INTC) stock price recorded further gains in its latest intraday trading, benefiting from dynamic support represented by trading above its 50-day SMA, which reinforces the stability and dominance of the main short-term bullish trend, especially with price moving alongside a supporting trendline. In the background, the Stochastic indicator continues to show positive signals despite reaching extremely overbought levels.

Therefore we expect the stock price to rise during its upcoming trading sessions, as long as it remains stable above the support level at $44.00, targeting the key resistance level at $51.50.

Today’s price forecast: Bullish