Gold price rose in its last intraday trading, affected by the stability of the support level at $3,290, supported by the emergence of the positive signals on the (RSI), after reaching sever oversold levels, which helped us to achieve the last gains. breaking a minor bullish trend line on the short-term basis on the pair’s previous trading, affected by the continuous negative pressure due to its trading below EMA50.
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The EURUSD declined in its last intraday trading, to complete the limited and sideways range trading between the resistance level at 1.1420 and the support level at 1.1265, affected by the negative pressure, due to its trading below its EMA50, and under the dominance of the main bullish trend on the short-term basis and its trading alongside a trend line, besides the emergence of the positive signals on the (RSI), after reaching oversold levels.
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Ripple’s currency price (XPRUSD) fell in latest intraday trading, leaning on the support of the 50-day SMA, in an attempt to gather positive momentum and rebound once more, while also trying to vent off overbought saturation in the Stochastic with negative signals streaming from it.
Therefore we expect the price to rise and target the resistance of $2.59053, provided the support of $2.04000 holds on.
Today’s price forecast: Bullish
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Dogwifhat’s currency price (WIFUSD) fell in latest intraday trading, amid the dominance of the upward correctional wave in the short term, while the price tries to vent off overbought saturation in the Stochastic, with negative signals emerging from it, while the price tries to gather positive momentum to rise anew.
Therefore we expect the price to rise in upcoming trading, provided the resistance of $0.77902 is breached, targeting the next one at $1.1950.
Today’s price forecast: Bullish
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