Evening update for Gold -19-06-2025
The (Gold) keeps its fluctuated trading in its last intraday trading, within the contradiction between the technical signals, the price gets support from the (RSI) indicators that began to provide positive signals after entering the oversold levels, which suggest a short-term bullish rebound, on the other hand, the pressure remains valid due to breaking the bullish trend line on the short-term basis, besides the continuation of the trading below its EMA50, and the technical scenario remains prefer the negativity unless regaining this average and closing above it.
The gold trading remains confined within a cautious range, waiting for a critical signals to confirm the upcoming trend, by the return to a new technical support levels or a clear breach to near resistance levels.
Evening update for EURUSD -19-06-2025
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 price shows more negative signs - Analysis - 19-06-2025
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 price exposed to negative pressure - Analysis - 19-06-2025
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