Gold declined in its recent intraday trading, affected by reaching the resistance of EMA50, accompanied by testing a main bearish trend line on the short-term basis, intensifying the negative pressure and forced it to rebound, after offloading its oversold conditions on the relative strength indicators, threatening the recent gains.

The EURUSD pair declined in its latest intraday trading, in a truce to catch breath and gather its profits, benefiting from the emergence of the positive signals from the relative strength indicators, after reaching oversold levels, which gained bullish momentum that made it surpass EMA50’s resistance, to get rid of its negative pressure and eases the way for achieving more gains in the near upcoming period.

Dash (DASHUSD) moved higher in recent intraday trading, supported by positive signals from momentum indicators after they had previously reached extremely oversold territory. This has provided the cryptocurrency with fresh positive momentum, allowing it to recover part of its earlier losses. However, the price remains affected by a previous break below a short-term ascending trendline, while continued trading below the 50-period Simple Moving Average (SMA) maintains negative pressure and limits the prospects for a sustained recovery in the near term.

Therefore, our outlook remains tilted to the downside for the cryptocurrency's upcoming intraday trading sessions, as long as resistance at $34.35 remains intact. Under this scenario, the next downside target is the key support level at $31.90.

Today's price forecast: Bearish.

Home Depot, Inc. (HD) moved lower in recent intraday trading as the stock attempts to build fresh positive momentum that could support a renewed recovery and advance. Despite the pullback, a short-term bullish corrective wave remains in control, with price action continuing to move alongside an ascending trendline that supports the current trajectory. Positive pressure also remains intact through the stock's continued trading above its 50-day Simple Moving Average (SMA). Meanwhile, a bullish divergence is beginning to form on momentum indicators after they reached extremely oversold levels relative to the stock's price action, with a positive crossover also starting to emerge, reinforcing the recovery scenario.

Therefore, our outlook remains bullish for the stock's upcoming trading sessions, as long as support at $327.50 remains intact. Under this scenario, the stock is expected to target the important resistance level at $353.50, with a strong potential for a breakout above that level.

Today's price forecast: Bullish.