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Nvidia price exhausts positive chances - Forecast today - 22-07-2024

Economies.com
2024-07-22 09:20AM UTC

Nvidia Corporation’s stock price (NVDA) fell in the intraday levels while seeking a bottom to bounce it higher anew, while leaning on the support of $117.00, coinciding with leaning on the support of the 50-day SMA, coupled with positive signals from the RSI after reaching oversold levels.

 

Therefore we expect the stock to return higher, targeting the pivotal resistance of $136.15, provided the support of $117.00 holds on.

 

Trend forecast: Likely Bullish 

Ethereum price (ETHUSD) forecast update - 22-07-2024

Economies.com
2024-07-22 09:29AM UTC
Ethereum price (ETHUSD) shows some bearish bias to move below 3505.00$ level, and the price needs to get positive motive that assist to push the price to resume the expected bullish trend for today, which its first main target located at 3641.82$.
Stochastic negativity interprets the reasons of the current decline, noting that holding below 3505.00$ might force the price to visit 3360.31$ before any new positive attempt.
The expected trading range for today is between 3400.00$ support and 3670.00$ resistance.
Trend forecast: Bullish

Bitcoin price (BTCUSD) forecast update - 22-07-2024

Economies.com
2024-07-22 09:29AM UTC

Bitcoin price (BTCUSD) faces negative pressure to head towards potential test to the bullish channel’s support line that appears on the chart, affected by stochastic negativity, waiting to resume the bullish wave that targets 71200.00$ as a next main station, supported by the EMA50, reminding you that the continuation of the bullish wave depends on the price stability above 66310.00$ and 65485.00$ levels.

 

The expected trading range for today is between 66500.00$ support and 70100.00$ resistance.

 

Trend forecast: Bullish

The NZDUSD price forecast update 22-07-2024

Economies.com
2024-07-22 09:29AM UTC

The NZDUSD price is attempting to break 0.6000$ level, as it closed the last four hours’ candlestick below it, reinforcing the expectations of continuing the bearish trend for the rest of the day, reminding you that our next target reaches 0.5915$, while achieving it requires holding below 0.6070$.

 

The expected trading range for today is between 0.5950$ support and 0.6050$ resistance

 

Trend forecast: Bearish