The (EURUSD) declined in its last intraday trading, affected by the stability of the critical resistance at 1.1550, by negative pressure due to the emergence of the negative signals on the relative strength indicators, besides the dominance of the main bearish trend and its trading alongside supportive minor trendline for this track.
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WLD (WLDUSD) rose in its latest intraday trading, supported by dynamic momentum from trading above the 50-day SMA and boosted by a breakout above a main short-term descending trend line. Additionally, positive signals appeared on the relative strength indicators after the price successfully eased its previous overbought conditions, giving it more room to extend gains in the near term.
Therefore, we expect the cryptocurrency to rise in its upcoming intraday trading as long as the support level of $0.65283195 holds, targeting the resistance level of $0.96473873.
Today’s price forecast: Bullish.
Ripple (XRPUSD) held steady with gains in its latest intraday trading, supported by continued movement above the 50-day SMA and accompanied by positive signals on the relative strength indicators. This momentum helped the price break a main short-term descending trend line, strengthening the likelihood of extending the strong gains seen recently.
Therefore, we expect the cryptocurrency to rise in its upcoming intraday trading as long as it remains above $2.3722, targeting the key resistance level of $2.6975.
Today’s price forecast: Bullish.
Pinduoduo Inc. (PDD) stock declined in its latest intraday trading, though it remains supported by continued trading above its previous 50-day SMA and within the dominance of the main medium-term corrective bullish trend, with trading aligned along a short-term ascending line that supports this direction. Additionally, a bullish crossover has begun to appear on the relative strength indicators after the stock successfully eased its previous overbought conditions, providing more room for further gains in the near term.
Therefore, we expect the stock to rise in its upcoming trading sessions as long as the support level of $131.70 holds, targeting the resistance level of $154.35.
Today’s stock forecast: Bullish.