Coinbase Global’s stock price (COIN) edged lower in the intraday levels, while trying to shake off negative pressure from the 50-day SMA, amid the dominance of the main upward trend in the medium term, while trading alongside the secondary short-term trend line, with positive signals from the RSI despite reaching overbought levels. 

Therefore we expect the price to return higher and target the pivotal resistance of $349.49, provided the support of $246.37 holds on.

Trend forecast for today: Likely Bullish 

Lumen Technologies’ stock price (LUMN) returned lower in the intraday levels, amid the dominance of the downward correctional trend in the short term, with negative pressure due to trading below the 50-day SMA, coupled with negative signals from the RSI after reaching overbought levels compared to the stock’s movements, hinting at  negative divergence. 

Therefore we expect more losses for the stock, provided it settles firmly below the resistance of $5.90, and targeting the support of $4.52.

Trend forecast for today: Bearish 

Brent oil price provides new negative trades now, to support the expectations of continuing the bearish trend in the upcoming sessions, and the way is open to test 78.39$ as a first target, which breaking it represents the key to rally towards 77.05$ as a next main station.

On the other hand, we should note that breaching 80.10$ followed by 80.50$ levels will stop the expected decline to lead the price to regain the main bullish trend again.

The expected trading range for today is between 77.70$ support and 80.70$ resistance.

Trend forecast: Bearish

Crude oil price shows calm negative trades to move away from the broken neckline of the head and shoulders’ pattern, reminding you that our targets begin at 75.53$ and extend to 73.90$ after breaking the previous level, while achieving them requires holding below 77.53$ and 78.25$ levels.

The expected trading range for today is between 75.00$ support and 78.00$ resistance

Trend forecast: Bearish