Apple Inc. (AAPL) stock price recorded a slight advance in its latest intraday trading, as the stock attempts to recoup part of its previous losses while also trying to unwind some of its clear oversold conditions on the RSI, especially with the beginning of incoming positive signals. This comes amid continued negative pressure from trading below its SMA50, which represents dynamic resistance that limits the stock’s chances of achieving a full recovery in the near term.

Therefore we expect the stock price to decline in upcoming trading, especially if it breaks below the current $260.10 support level, to target the key support at $248.70.

Today’s price forecast: Bearish

The price of (ETHUSD) declined in its last intraday trading, witnessing natural profit-taking phase with attempts to offload some of its clear overbought conditions on the relative strength indicators, especially with the emergence of the negative signals from there, to help it gain bullish momentum that keeps the main bullish trend on the short-term basis, amid its trading above EMA50, reinforcing the chances of the price recovery on the near-term basis.

Brent crude oil’s prices surged higher in its last intraday trading, to breach $65.00 resistance, which was an expected target in our previous analysis, amid the dominance of the main bullish trend on the short-term basis, with the continuation of the positive pressure due to its trading above EMA50, noticing the emergence of positive signals from the relative strength indicators, after offloading its overbought conditions, opening the way for achieving more gains in the upcoming period.

BTCUSD’s price declined in its recent intraday trading, to gather the gains of its previous rises, attempting to gain bullish momentum that might help it to recover and rise again, and it attempts to offload its clear overbought levels on the relative strength indicators, especially with the emergence of the negative signals from there, amid the dominance of the main bullish trend on the short-term basis, with its trading alongside supportive trend line for this trend.