Citigroup’s stock price rose in the intraday levels after leaning on the support of the 50-day SMA, lending it positive momentum, amid the dominance of the main upward trend, as the stock trades alongside the secondary short-term trend line, with positive signals from the RSI after reaching oversold levels.
Therefore we expect more gains for the stock, targeting the pivotal resistance of $67.75, provided it settles above the support of $61.73.
Ethereum price (ETHUSD) achieved initial breach to 2664.30$ and attempts to hold above it, reinforcing the expectations of continuing the bullish trend for the rest of the day, waiting to visit 2768.10$ as a next main target.
The EMA50 supports the suggested bullish wave, which will remain valid conditioned by the price stability above 2600.05$.
The expected trading range for today is between 2530.00$ support and 2750.00$ resistance.
Trend forecast: Bullish
Bitcoin price (BTCUSD) shows tight trades since morning, settling around 72450.00$, noticing that stochastic gathers the positive momentum to support the chances of resuming the main bullish trend, which depends on the price stability above 70556.50$, reminding you that our next main target extends to 76480.00$.
The expected trading range for today is between 71000.00$ support and 74500.00$ resistance.
Trend forecast: Bullish
The NZDUSD price rose clearly to test the key resistance 0.6000$, noticing that the price begins to decline now, which keeps the bearish trend scenario valid and active for the upcoming period, which depends on the price stability below the mentioned level, reminding you that our next main target reaches 0.5915$.
The expected trading range for today is between 0.5910$ support and 0.6010$ resistance
Trend forecast: Bearish