The (EURUSD) fluctuated in its last intraday trading, the price attempts to offload some of its clear overbought levels on the (RSI), specially with the emergence of the negative signals on them, noticing forming a negative divergence that increases the negative pressure, taking advantage from the dynamic support that is represented by its trading above its EMA50, and under the bullish trend domination on the short-term basis and its trading alongside a bias line, keeping its positive move.

The (XLMUSD) price settled low in its intraday trading, taking advantage of the stability of the current support at $0.245965, with the emergence of the positive signals on the (RSI),entering exaggerated overbought levels compared by the price move, which suggest the decline of the positive momentum, and the bearish trend is the dominant with its trading alongside a bias line, with the continuation of the negative pressure that comes from its trading below its EMA50, reinforcing the bearish scenario.

Therefore, our forecast suggests a decline in the (XLMUSD) price in its upcoming trading, when breaking the mentioned support at $0.245965, to target its next support at $0.232886.

Today’s forecast: Bearish

The (LTCUSD) price rose slightly in its intraday trading, supported by the emergence of the positive signals on the (RSI), in attempt to correct the main bearish trend amid its trading alongside a bias line on the short-term basis, noticing that the indicators have reached overbought levels, which suggest losing the bullish momentum, and its reached the resistance of its EMA50.

Therefore, our forecast suggests a decline in the (LTCUSD) price in its upcoming trading, if the resistance settles at $88.95, to target the critical support level at $81.40.

Today’s forecast: Bearish

The price of Applied Materials, Inc (AMAT) declined in its intraday trading, due to the stability of the key resistance level at $176.38, attempting to gain positive momentum that might assist it to breach this resistance, and attempts to offload some of its clear overbought conditions on the (RSI), especially with the emergence of the negative signals from there, amid the dominance of the bullish correctional trend on the short-term basis due to its trading above its EMA50, reinforcing the stability of the positive scenario.

Therefore, our forecast suggests a rise in the (AMAT) stock price in its upcoming trading, when breaching the resistance at $176.38, to target its next resistance at $194.33.

Today’s forecast: Bullish