PVH Corp. (PVH) stock price recorded a renewed decline in its latest intraday trading, as the stock remains affected by breaking below a previously dominant short-term corrective upward trend line. This comes amid continued negative pressure from trading below its SMA50, which limits the stock’s chances of recovery in the near term, especially with the beginning of a negative crossover on the RSI after it reached overbought levels.

Therefore we expect the stock price to decline in upcoming trading, as long as the $72.65 resistance level remains intact, to target the key support at $61.75.

Today’s price forecast: Bearish

American Express Company (AXP) stock price recorded a pullback in its latest intraday trading, influenced by the stabilization of the key resistance level at $387.50, as the stock attempts to build positive momentum that could help it break above this resistance later on. This comes amid continued dynamic support from trading above its SMA50, which reinforces the stability and dominance of the main short-term upward trend, with price action moving along a supportive trend line.

Therefore we expect the stock price to rise in upcoming trading, but only if it first succeeds in breaking above the $387.50 resistance level, to target the next resistance at $410.00.

Today’s price forecast: Bullish

The price of (ETHUSD) declined in its last trading on the intraday levels, attempting to offload its overbought conditions on the relative strength indicators, especially with the emergence of the negative signals from there, reinforcing its ability to surpass the negative pressure of EMA50, amid the dominance of the bullish trend on the short-term basis and its trading alongside supportive trend line for this track.

Brent crude oil’s prices declined in its last intraday trading, to gather the gains on its previous rises, attempting to offload its overbought conditions on the relative strength indicators, especially with the emergence of the negative signals from there, to gather its bullish momentum, which might help it to recover and rise again, amid the dominance of strong minor bullish wave on the short-term basis, besides the continuation of the dynamic pressure that is represented by its trading above EMA50, reinforcing the chances of its recovery in the upcoming period.