Amazon’s stock price (AMZN) rallied in latest intraday trading, readying to tackle the current resistance of $214.85, while boosted by trading above the 50-day SMA, as the price trades alongside the secondary upward trend line in the short term, with positive signals from the Stochastic despite reaching overbought levels. 

Therefore we expect more gains for the price, especially if the aforementioned resistance of $214.85 is reliably breached, targeting the next one at $233.00.

Today’s price forecast: Bullish

The price of (ETHUSD) rose in its recent intraday trading, attempting to offload some of its oversold levels on the (RSI), especially with the beginning of the emergence of the positive signals on the (RSI), reaching the resistance of its EMA50, amid the dominance of the bearish correctional trend on the short-term basis with its trading alongside a bias line, which increases the negative pressure.

The price of (BTCUSD) reinforced its gains in its recent intraday trading, supported by its continuous trading above its EMA50, affected by exiting a bearish correctional channel’s range that confined  its previous trading on the short-term basis, to succeed to breach the current resistance at $106,500 in its last rise, accompanied by the positive overlapping signals on the (RSI), which reinforces the upside scenario.

The price of (Brent) rose in its recent intraday trading, getting ready to attack the key resistance level at $66.50, supported by its continuous trading above its EMA50, with its trading alongside a bullish bias on the short-term basis, forming a dynamic support , on the other hand, we notice the beginning of forming negative signals on the (RSI), after reaching overbought levels, which might decelerate the price gains in the upcoming period.