Ford (F) stock price recorded a decline in its latest intraday trading after the key resistance level at $14.00 held firm. With this pullback, the stock has found support at its 50-day SMA, attempting to gain positive momentum that could help it recover and move higher again. At the same time, the price is trying to unload its overbought conditions on the Stochastic indicator, especially amid the emergence of negative signals, while the main short-term bullish trend remains dominant as price moves alongside a supporting trendline.

Therefore we expect the stock price to rise during its upcoming trading sessions, especially if it breaks above the $14.00 resistance level, targeting the next resistance at $15.00.

Today’s price forecast: Bullish

Accenture plc (ACN) stock price recorded further declines in its latest intraday trading, amid full dominance of the main bearish trend on the medium term, after the stock was affected by the earlier break of a short-term corrective bullish trendline. Negative pressure remains in place as the price continues to trade below its 50-day SMA, while the latest decline came after the stock managed to ease part of its oversold conditions on the Stochastic indicator.

Therefore we expect the stock price to decline during its upcoming trading sessions, as long as it remains below the resistance level at $232.00, targeting the next support level at $195.00.

Today’s price forecast: Bearish

The price of (ETHUSD) continues it tight sideways in 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 short-term basis, on the other hand. The emergence of positive signals from relative strength indicators helped the price stability. 

Brent prices settles on strong losses in their last intraday trading, after it approached our expected target at $72.00, amid the continuation of the dynamic support that is represented by its trading above EMA50, under the dominance of the main bullish trend on short-term basis, with its trading alongside trend line, attempting to gather the gains of its previous rises, and offloading some of its overbought conditions on relative strength indicators, especially with the emergence of the negative signals from there, to gather its positive strength that might help it to rise again.