Nvidia Corporation’s stock price (NVDA) inched up in the intraday levels, after rebounding from recent lows at below $100, while analysts remain optimistic about the company’s quarter results, which are scheduled for release this month. The stock’s gain comes amid the dominance of the main upward trend in the medium term, with positive signals from the RSI despite reaching overbought levels.  The stock tackled the current resistance of $118.00 and attempted to shake off negative pressure from the 50-day SMA. 

Therefore we expect the stock to rise and target the resistance of $118.00, then $140.75. There’s also a chance the stock would bounce down to gather momentum in order to breach the aforementioned resistance. 

Trend forecast: Likely Bullish 

Crude oil price managed to touch our first waited target at 78.35$ and attempts to breach it, to support the chances of continuing the expected bullish trend domination on the intraday and short-term basis, reminding you that the next target reaches 79.84$, while the expected rise will remain valid unless breaking 76.86$ and holding below it.

The EURUSD price trades with clear negativity to break 1.0990$ level and settles below it, reinforcing the expectations of continuing the bearish trend in the upcoming sessions, waiting to visit 1.0820$ as a next main target, reminding you that it is important to hold below 1.1035$ to continue the expected decline.

First Digital USD’s price (FDUSDUSD) stabilized in recent trading in the intraday levels, after managing to pierce the downward short-term trend line, buoyed by trading above the 50-day SMA, and coupled with positive signals from the RSI despite reaching overbought levels. 

Therefore we expect the price to rise, especially if the resistance of $1.0008618 was breached, thus targeting the next resistance at $1.00370077. 

Trend forecast: Bullish