The (EURUSD) declined in its last trading on the intraday trading, amid the continuation of the negative pressure that comes from its trading below EMA50, affected by the exit from the minor bullish channel’s range that limited our previous trading on the short-term basis, besides the affection of the pair by the negative technical formation that formed in the end of the bullish wave (the double top pattern) on the other hand, we notice the emergence of the positive signals on the (RSI), after reaching oversold levels, which might decrease the upcoming losses.

Toncoin’s currency price (TONUSD) edged higher in latest intraday trading, amid the dominance of the downward short-term trend, with ongoing negative pressure due to trading below the 50-day SMA, coupled with negative signals from the Stochastic after reaching overbought levels.

Therefore we expect the price to decline and target the pivotal support of $2.7803, provided the resistance of $3.0472 holds on.

Today’s price forecast: Bearish

Tron’s currency price (TRXUSD) fell in latest intraday trading after bumping into the resistance of the 50-day SMA, exposing it to negative pressure, especially after piercing the upside trend line previously in the short term, while venting off oversold saturation in the Stochastic, opening the door for more losses.

Therefore we expect more losses for the price as long as the resistance of $0.27910675 holds on, targeting the support of $0.27016268.

Today’s price forecast: Bearish

Alibaba Group Holdings’ stock price (BABA) fell in latest intraday trading, amid the dominance of the downward correctional trend in the short term, with ongoing negative pressure due to trading below the 50-day SMA, coupled with negative signals from the Stochastic after reaching overbought levels. 

Therefore we expect more losses for the price, provided the resistance of $117.80 holds on, targeting the main support at $100.00.

Today’s price forecast: Bearish