Alibaba price deepens losses - Forecast today - 26-10-2026

Western Digital Corporation (WDC) declined in recent intraday trading, weighed down by continued negative pressure as the stock remains below its 50-day Simple Moving Average (SMA), which is acting as dynamic resistance and reinforcing the stability and dominance of the short-term bearish corrective trend. Price action also continues to follow a descending trendline that supports the prevailing bearish bias, while momentum indicators have entered overbought territory at levels disproportionately high relative to the stock's price action.

Ethereum (ETHUSD) witnessed slight and cautious gains in its latest intraday trading. Attempting to recover some of the previous losses, with the emergence of a positive crossover on the relative strength indicators, increasing the chances of extending these cautious gains temporarily.

Brent crude oil is holding lower in its latest intraday trading, as the price attempts to establish a higher low that could serve as a base for gaining the positive momentum needed to resume its recovery. This comes amid continued positive pressure as the price trades above EMA50, which provides dynamic support and reinforces the dominance and stability of the main short-term bullish trend. This is particularly evident as the relative strength indicators have entered exaggeratedly oversold levels, suggesting the potential formation of positive divergence that could improve the chances of a recovery.