Crude oil price bounced downwards strongly after testing 75.53$ in the previous sessions, to succeed achieving our first target at 73.90$, noticing that the price attacks this level to open the way to suffer more losses on the intraday and short-term basis, noting that the next station reaches 72.30$, while the price needs to hold below 73.90$ as a first condition to the continuation of the expected decline.

Gold price provides strong negative trades now to reach the thresholds of the waited target at 2729.00$, reminding you that it is important to monitor the price at this level due to its importance to detect the next trend, as consolidating above it will push the price to resume the main bullish track and head towards 2790.00$ mainly, while breaking it represents the key to extend the bearish wave and start bearish correction on the intraday and short-term basis.

Algorand’s currency price (ALGOUSD) skidded in the intraday levels, breaching the upside short-term trend line, with negative signals from the RSI despite reaching oversold levels, coupled with negative pressure from trading below the 50-day SMA, doubling negative pressures. 

Therefore we expect more losses for the price, targeting the pivotal resistance of $0.2824, provided the resistance of $0.4317 holds on.

Trend forecast for today: Bearish 

Hedera Hashgraph’s currency prie (HBARUSD) tumbled in the intraday levels, while trying to gather momentum to rise anew, with negative signals from the RSI despite reaching oversold levels compared to the price’s movements, while leaning on the support of the 50-day SMA as it tries to gather positive momentum.

Therefore we expect the price to return higher, targeting the pivotal resistance of $0.39302107, provided the support of $0.25591772 holds on.

Trend forecast for today: Likely Bullish