Crude oil price returned to decline after the decline that it witnessed today, to move around the EMA50, waiting to break 62.80 level to confirm extending the bearish wave towards 61.51, taking into consideration that breaching 63.85 will stop the expected decline and lead the price to start recovery attempts that target the recently recorded top at 64.87 as a first main station.
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Gold price settles around 1335.00 level, and the price is affected by stochastic negativity to show some slight bearish bias now, while holding above 1321.49 represents the key to continue the recently suggested positive scenario, to continue suggesting the bullish trend that its next target located at 1357.53, noting that the EMA50 keeps supporting the price from below.
MoreThe EURUSD pair bounced bearishly after approaching 1.2300 barrier in the previous sessions, to move near 1.2200 level now, while the EMA50 keeps providing the positive support to the price.
MoreNike's stock (NKE) rose anew in the intraday levels, scoring a profit of 0.47% in the last session, or 0.30 points, while trading within an ascending short-term price channel as shown in the attached chart, with positive pressure from the 50-day SMA, readying thereafter to attack the resistance of 65.19.
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