Apple price leans on SMA support - Forecast today - 09-09-2024
Apple’s stock price (AAPL) fell in the intraday levels while trying to gather momentum to rise anew, amid the dominance of the main upward trend in the short term, while leaning on the support of the 50-day SMA, coupled with positive signals from the RSI after reaching oversold levels compared to the stock’s movements, hinting at a positive divergence which could boost the stock further.
Therefore we expect the stock to return higher, targeting the pivotal resistance of $237.00, provided the support of $214.60 holds on.
Trend forecast: Likely Bullish
Ethereum price (ETHUSD) forecast update - 09-09-2024
Ethereum price (ETHUSD) fluctuates with slight positivity now, and as long as the price is below 2390.00$, our bearish overview will remain valid for today, supported by stochastic loss to the positive momentum clearly, noting that our first target is represented by testing 2168.74$ again, which breaking it represents the key to rally towards 2000.00$ as a next negative station.
The expected trading range for today is between 2150.00$ support and 2390.00$ resistance.
Trend forecast: Bearish
Bitcoin price (BTCUSD) forecast update - 09-09-2024
Bitcoin price (BTCUSD) shows additional positive trades to approach 56160.00$ level, accompanied by stochastic loss to the positive momentum clearly, waiting to motivate the price to resume the expected bearish trend for today, which targets 51990.00$ mainly, while holding below 56160.00$ represents key condition to the continuation of the suggested decline.
The expected trading range for today is between 52500.00$ support and 56300.00$ resistance.
Trend forecast: Bearish
The NZDUSD price forecast update 09-09-2024
The NZDUSD price succeeded to achieve our waited target at 0.6140$ and broke it to attempt to hold below it, reinforcing the expectations of continuing the domination of the bearish trend in the upcoming period, opening the way to head towards 0.6070$ as a next main target.
The negative effect of the double top pattern supports the expectations to decline, taking into consideration that holding below 0.6140$ represents the first condition to the continuation of the bearish trend.
The expected trading range for today is between 0.6120$ support and 0.6220$ resistance
Trend forecast: Bearish