The (EURUSD) declined in its last intraday levels, after reaching the resistance of its EMA50, accompanied by testing bearish correctional trend line on the short-term basis, intensifying the effect of the negative pressures on the pair, especially with the beginning of the negative signals emergence on the (RSI), after reaching exaggerated overbought levels compared to the price move.

Toast (TOST) stock rose in its latest intraday trading, driven by bullish signals from the Relative Strength Index. The stock remains under the influence of a medium-term upward trend, trading along a short-term ascending trendline and supported by continued movement above its 50-day SMA, which helps maintain the positive momentum.

Therefore we expect the stock to rise in upcoming sessions, as long as it holds above $44.00, targeting the resistance level at $50.00.

Today’s price forecast: Bullish.

On Holding AG (ONON) stock rose in its latest intraday trading, as the stock attempts to recover some of its previous losses. This comes within the context of a prevailing short-term corrective downtrend, with continued negative pressure from trading below the 50-day SMA. Additionally, while the Relative Strength Index is showing some bullish signals, it remains deeply in overbought territory relative to price action, indicating weak surrounding momentum.

Therefore we expect the stock to decline in upcoming sessions, as long as resistance at $55.95 holds, targeting the support level at $50.75.

Today’s price forecast: Bearish.

Broadcom (AVGO) stock continued its rise in recent intraday trading, successfully breaking through its current resistance level at $283.00. The move comes under strong control of the prevailing upward trend, with the stock trading along a short-term ascending trendline. Positive pressure remains from trading above the 50-day SMA, coupled with reinforcing bullish signals from the Relative Strength Index.

Therefore we expect the stock to rise in upcoming sessions, especially as long as it remains above $283.00, targeting the initial resistance level at $304.00.

Today’s price forecast: Bullish.