Amgen (AMGN) declined in its latest intraday trading as the stock attempts to acquire positive momentum that may help it recover and rise again. This comes amid ongoing dynamic support provided by its trading above the previous 50-day SMA, and under the dominance of the main short-term ascending trend with the price moving alongside a secondary trendline. We also note the early arrival of positive signals from the RSI indicators.

Therefore we expect the stock to rise in its upcoming trading, especially as long as it remains above the support level of $330.35, targeting the resistance level of $355.00.

Today’s price forecast: Bullish

The price of (ETHUSD) settled with limited gains in its last intraday trading, supported by the emergence of positive signals on the relative strength indicators, after reaching oversold levels, amid the continuation of the negative pressure due to its trading below EMA50, reinforcing the stability and dominance of the main bearish trend on the short-term basis.

Bitcoin (BTCUSD) prices declined its last intraday trading, amid the continuation of the negative pressure due to its trading below EMA50, under the dominance of the main bearish trend on the short-term basis and its trading alongside supportive trend line for this trend, besides the reaching of relative strength indicators to the overbought levels, exaggeratedly compared to the price move, to indicate forming negative divergence.

Brent crude oil continued its attempts to gain bullish momentum that might help it to recover and rise again, affected by its exit from minor bearish channel’s range on a short-term basis, supported by its trading above EMA50, besides the emergence of the positive signals on the relative strength, after offloading its overbought conditions.