Gold prices experienced a free fall during recent intraday trading, to break $4,300 support, amid the continuation of the negative pressure that comes from its trading below EMA50, with the dominance of the main bearish trend on the short-term basis, on the other hand, we notice the negative signals from the relative strength indicators after forming negative divergence that followed reaching overbought levels exaggeratedly compared to the price move.

The EURUSD pair slipped lower during its latest intraday trading, as we expected with the beginning of forming negative divergence on the relative strength indicators, after reaching overbought levels, exaggeratedly compared to the price action, with the emergence of the negative signals from them, amid the dominance of the main bearish trend on the short-term basis, with its trading alongside minor supportive trend line for this path.

Dash (DASHUSD) price is experiencing volatile trading in its latest intraday sessions, as it attempts to gain positive momentum that could help it resume its strong gains in the upcoming trading periods. The cryptocurrency continues to benefit from a previous breakout above a short-term bearish trend line, while also receiving dynamic positive support from trading above its 50-day SMA, which strengthens the chances of a near-term recovery.

Therefore we expect the digital currency price to rise in its upcoming intraday trading, especially as long as it remains above the $35.70 level, targeting the first resistance level at $40.40.

Today’s price forecast: Bullish.

Enphase Energy, Inc. (ENPH) stock price remains under slight pressure in its latest intraday trading, as the stock attempts to establish a higher low that could serve as a base for gaining the positive momentum needed to resume its recovery. This comes as the Stochastic indicators have reached deeply oversold levels that appear exaggerated relative to the stock’s price movement. Meanwhile, the stock continues to benefit from positive support generated by trading above its 50-day SMA, which strengthens the prospects for a recovery in the near term, while the main short-term trend remains bullish.

Therefore we expect the stock price to rise in its upcoming trading, especially as long as the $52.95 support level remains intact, targeting the $73.75 resistance level.

Today’s price forecast: Bullish.