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JPMorgan rises within descending correctional price channel - Forecast today- 09-04-2025

Economies.com
2025-04-09 13:06PM UTC

JPMorgan Chase's stock price rose in the intraday levels in an attempt to recoup some recent losses, while leaning on the support of the descending correctional that limited recent short term trading, with ongoing negative pressure due to trading below the 50-candle SMA, coupled with negative signals from the Stochastic.

 

 Therefore we expect the price to return lower in upcoming trading and target the important support of $204.30 once more, provided the resistance of $229.50 holds on.

 

Today’s price forecast: Bearish

Visa price hurt by breaching upward trend line- Forecast today - 09-04-2025

Economies.com
2025-04-09 13:04PM UTC

Visa stock price engaged in highly volatile trading in the intraday levels with negative signals streaming out of the Stochastic, thus confirming the breach of the main upward trend line in the short term, doubling negative pressure on upcoming trading.

 

Therefore we expect the price to fall and target the important support of $290.95, provided it settles below $321.65.

 

Today’s price forecast: Bearish

Silver Price Forecast Update for Today, 09-04-2025

Economies.com
2025-04-09 12:00PM UTC

Silver has risen in its recent trading at the intraday levels, supported by the emergence of positive signals in the Relative Strength Index (RSI) after reaching highly oversold areas. This allows the price to attempt to correct some of the oversold conditions and recover part of the previous losses.

 

Ethereum Price Forecast Update for Today, 09-04-2025

Economies.com
2025-04-09 09:59AM UTC

The price of Ethereum (ETHUSD) has risen during its recent intraday trading, following the stability of the support level at $1,404, which has provided some positive momentum. This momentum aims to recover part of the previous losses and get rid of its clear oversold conditions indicated by the Relative Strength Index (RSI), especially that positive signals begin to emerge, accompanied with the domination of the main bearish trend.