Procter & Gamble’s stock price (PG) fell in latest intraday trading, amid ongoing negative pressure due to trading below the 50-day SMA, with the stock hurt by piercing the main upward trend line in the medium term previously, and with negative signals from the Stochastic despite reaching oversold levels.

Therefore we expect more losses for the price, provided the support of $157.50 is reliably breached, targeting the next one at $153.50.

Today’s price forecast: Bearish

The price of (USDJPY) slides lower in its last intraday trading, to break the support of a bullish correctional channel that was limiting its previous trading on the short-term basis, in a signal for ending that correctional wave, accompanied by surpassing the support of EMA50, as it succeeded to offload some of its clear oversold condition on the (RSI).

The price of Ethereum (ETHUSD) settles below the critical resistance at $1,800 in its last intraday trading, increasing the negative pressure, especially with the emergence of the negative signals on the (RSI), and the continuation of its trading below EMA50, on the other hand, the bullish correctional trend dominates the bullish correctional trend on the short-term basis, and moves alongside the bias line.

The price of bitcoin continued its rise on the recent intraday trading, supported by the emergence of the positive signals on the (RSI), amid the continuation of the negative pressure due to its trading below EMA50, and under the dominance of the main bearish trend on the short-term basis and its trading alongside the bias line.