Gold price declined in its last intraday trading, amid the emergence of negative signals from relative strength indicators, keeping its attempts to gain bullish momentum that might help it to recover and rise again, amid the continuation of the dynamic support due to its trading above EMA50, with its trading alongside minor bullish trend on short-term basis.

(EURUSD) witnessed fluctuating move on its last intraday levels, taking advantage of its leaning on EMA50’s support, gaining bullish momentum that helped it to rebound higher, affected by breaching bearish corrective trend line on short-term basis, on the other hand, we notice the emergence of negative signals from relative strength indicators, after reaching overbought levels.

The price of (ETHUSD) is getting ready to reach the key resistance at $2,100, taking advantage of dynamic support that is represented by its trading above EMA50, keeping the stability of the corrective bullish wave on short-term basis, especially if it manages to offload its overbought conditions on relative strength indicators, opening the way for achieving more gains on near-term basis.

Stellar (XLMUSD) price recorded choppy movement in its latest intraday trading, as the price attempts to take profits from previous gains while also seeking to gain positive momentum that could help it recover and move higher again. During this phase, the Stochastic indicator managed to ease its overbought conditions, giving the price more room to target new resistance levels in the near term. The price is also supported by breaking above a short-term minor bearish trendline and by trading above its 50-day SMA, which provides dynamic support that maintains the positive outlook.

Therefore we expect the cryptocurrency price to rise during its upcoming intraday trading sessions, as long as support at $0.1530 remains intact, targeting the key resistance level at $0.1825.

Today’s price forecast: Bullish