Crude oil price resumes its positive trading to move away from 70.58$, which supports the expectations of continuing the bullish trend in the upcoming sessions, which targets 72.15$ level, noting that the continuation of the bullish wave requires holding above 70.58$.
Gold price shows new negative trades to approach 2600.00$ barrier, reinforcing the expectations of continuing the bearish trend on the intraday basis, reminding you that our main waited target is located at 2555.00$, while achieving it requires holding below 2640.00$.
Zcash’s currency price (ZECUSDT) fell in the intraday levels after reaching overbought levels, while seeking a bottom to bounce it higher, amid the dominance of the main upward trend in the medium term, while trading alongside the secondary short-term trend line, with positive pressure from trading above the 50-day SMA.
Therefore we expect the price to return higher, targeting the pivotal resistance of $79.33, provided the support of $50.00 holds on.
Trend forecast for today: Likely Bullish
Flow/USD price (FLOWUSDT) rose in the intraday levels, buoyed by positive signals from the RSI, and amid the dominance of the correctional downward short-term trend, with negative pressure due to trading below the 50-day SMA, as the price tries to recoup some recent losses.
Therefore we expect the price to return lower, targeting the important support of $0.630, provided the resistance of $0.811 holds on.
Trend forecast for today: Likely Bearish