NVIDIA Corporation (NVDA) stock price recorded a pullback in its latest intraday trading, as the stock attempts to build positive momentum that could help it recover and move higher again. With this decline, the stock leaned on the support of its SMA50, under the dominance of the main medium-term upward trend. In addition, a positive divergence has begun to form on the RSI after it reached extremely oversold levels in an exaggerated manner compared to price action, alongside the start of incoming positive signals.

Therefore we expect the stock price to rise in upcoming trading, as long as the $182.35 support level holds, to target the first resistance at $195.65, with strong chances for a breakout.

Today’s price forecast: Bullish

The price of (ETHUSD) slipped lower in its last intraday trading, amid the continuation of the negative pressure due to its trading below EMA50, with the emergence of negative signals from relative strength indicators, despite its stability in oversold levels, to break bullish trend line on short-term basis, which intensifies the negative pressure and reinforces the chances of extending its losses on the near-term basis.

brent price settles on a rise in its recent intraday trading, taking advantage of the positive signals’ emergence from relative strength indicators, after reaching oversold levels, besides its trading above EMA50, which represents dynamic support that reinforces the chances of extending its gains in the upcoming period, especially with the dominance of the main bullish trend on short-term basis.

BTCUSD prices rose slightly in its last intraday trading, as it leaned on a support of a main bullish trend line on short-term basis, gaining some bullish momentum that helped it to achieve these gains, to target recovering some previous losses, and attempts to offload its oversold conditions on the relative strength indicators, amid the continuation of the negative pressure due to its trading below EMA50, with the dominance of bearish corrective wave on the intraday basis.