Microsoft Corp’s stock price (MSFT) rose in the intraday levels, with positive signals from the RSI after reaching overbought levels, while trying to recoup some recent losses, amid the dominance of the downward correctional trend in the short term, as the stock is hurt by piercing the upward short-term trend line previously, with negative pressure from the 50-day SMA.

Therefore we expect the stock to return lower, targeting the support of $384.30, provided it settles below the resistance of $413.00. 

Trend forecast: Likely Bearish 

Ethereum Price Analysis (ETHUSD)

• Ethereum price (ETHUSD) traded positively to attack the 3132.80$ level.
• However, it declines again to attempt to trade below it, keeping the bearish trend scenario valid for today.
• This bearish scenario is supported by stochastic negativity.
• Waiting for the price to visit 2905.30$ as the next main target.
• Continuation of the bearish wave requires holding below 3132.80$.

Expected Trading Range for Today:

• Support: 3000.00$
• Resistance: 3220.00$

Trend Forecast:

Bearish

Bitcoin Price Analysis (BTCUSD)

• Bitcoin price (BTCUSD) touched the 65390.00$ level and encountered solid resistance.
• This led to some temporary bearish bias, affected by stochastic negativity.
• However, the EMA50 continues to provide positive support to the price.
• Waiting for the bullish wave to resume and surpass the mentioned level, targeting additional gains up to 67330.00$.
• Therefore, we continue to suggest a bullish trend for the upcoming period.
• Failure to breach the mentioned resistance will stop the expected rise and push the price lower, targeting testing of 60252.85$ areas initially.

Expected Trading Range for Today:

• Support: 62200.00$
• Resistance: 66000.00$

Trend Forecast:

Bullish

Brent Oil Price Analysis

• Brent oil price is affected by stochastic positivity, trading positively and approaching testing the 84.77$ level.
• As long as the price is below this level, our bearish overview will remain valid for today.
• This bearish view is affected by the previously completed double top pattern.
• We are waiting to test 82.40$ as the first main target.

Expected Trading Range for Today:

• Support: 81.00$
• Resistance: 85.00$

Trend Forecast:

Bearish