The (ETHUSD) price rose in its last intraday trading, amid its move in sideways range in attempt to gain positive momentum that might help it to recover and complete the strong bullish track, amid its trading alongside a minor bullish bias line on the short-term basis, taking advantage of the dynamic support that is represented by its trading above its EMA50, on the other hand, we notice the emergence of the negative signals on the (RSI), which reduced the last gains of the price.

Therefore, our expectations suggest a rise in the (ETHUSD) price in the upcoming intraday trading, conditioned by its stability above $4,150, targeting the resistance level at $4,500.

The expected trading range is between $4,000 support and $4,500 resistance.

Today’s forecast: Bullish

The (Brent) price rose in its last intraday trading, due to the stability of the critical support at $66.00, gaining positive momentum that helped it to achieve these cautious gains, attempting to recover some of its previous losses, amid the dominance of the main bearish trend and its trading below EMA50, besides the emergence of negative overlapping signals on the (RSI), after reaching overbought levels, exaggeratedly compared to the price movement.

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The (silver) price rose in its last trading on the intraday levels, due to its lean on the support of its EMA50, accompanied by its lean on a minor bullish trend line on the short-term basis, intensifying the positive pressure that assisted it in achieving these gains, with the emergence of the positive signals on the (RSI), after reaching oversold levels.

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The (USDCHF) price declined in its last intraday trading, to gather the gains of its previous rises, and attempts to gain positive momentum that might assist it to rise, and it attempts to offload some of its clear overbought conditions on the (RSI), especially with the emergence of the negative signals from there, amid the continuation of the positive pressure that comes from its trading above EMA50, and under the dominance of the bullish trend on the short-term basis and its trading alongside a minor supportive bias for this trend.

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