Gold price settles on the downside in its recent intraday trading, amid the domination of a bearish correctional wave on the short-term basis, affected by surpassing the support of EMA50, the negative signals that come from the (RSI) increases the negative pressure, despite reaching oversold levels.

The EURUSD price declined in its last trading on the intraday level, affected by a negative rising wedge pattern on a short-term basis, and there is negative pressure due to its trading below EMA50.

Toncoin’s currency price (TONUSD) rose in latest intraday trading in an attempt to correct the main downward trend as the price trades alongside the short-term trend line, while touching the resistance of the 50-day SMA, as negative signals emerge from the Stochastic after reaching overbought levels compared to the price’s movements, adding negative pressures on the price. 

Therefore we expect the price to return lower and target the pivotal support of $2.3575, provided the resistance of $3.5556 holds on.

Today’s price forecast: Likely Bearish 

Tron’s currency price (TRXUSD) edged lower in latest intraday levels, in an attempt to gather positive momentum and rise anew, amid ongoing negative pressure due to trading above the 50-day SMA, and the dominance of the main upward trend in the medium term, with positive signals from the Stochastic after reaching oversold levels. 

Therefore we expect the price to rise and target the pivotal resistance of $0.27477425.

Today’s price forecast: Bullish