Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

Starbucks price tries to regain footing - Forecast today - 07-10-2024

Economies.com
2024-10-07 09:49AM UTC

Starbucks Corporation’s stock (SBUX) rose mildly in the intraday levels, amid the dominance of the upward correctional trend in the short term, with positive pressure from trading above the 50-day SMA, countered with negative signals from the RSI, hindering gains.

 

Therefore we expect more gains for the stock, targeting the pivotal resistance of $107.77, provided the support of $90.30 holds on.

 

Trend forecast: Bullish

EOS price rises amid negative pressures - Forecast today - 07-10-2024

Economies.com
2024-10-07 09:46AM UTC

EOS/USD price rose mildly in the intraday levels, while venting off overbought saturation in the RSI with negative signals coming out of it, while the price touched the 50-day SMA amid the dominance of the main downward trend in the medium term. 

 

Therefore we expect the price to return lower, targeting the pivotal support of 0.4318, provided the resistance of 0.5482 holds on.

 

Trend forecast: Likely Bearish 

Ethereum price (ETHUSD) forecast update - 07-10-2024

Economies.com
2024-10-07 09:08AM UTC

Ethereum price (ETHUSD) settles above the EMA50, waiting for more rise to achieve our positive targets that start at 2570.00$ followed by 2623.77$, affected by the double bottom pattern that appears on the chart, reminding you that holding above 2440.00$ is important to achieve these targets, as breaking it will push the price to turn to decline and build new bearish wave on the intraday basis.

 

The expected trading range for today is between 2380.00$ support and 2620.00$ resistance.

 

Trend forecast: Bullish

Bitcoin price (BTCUSD) forecast update - 07-10-2024

Economies.com
2024-10-07 09:08AM UTC

Bitcoin price (BTCUSD) shows sideways trades since morning, settling around 63500.00$, waiting to get positive motive that assist to push the price to resume the bullish trend that targets 64175.00$ followed by 65480.00$ levels as next main stations, reminding you that the continuation of the bullish wave depends on the price stability above 62490.00$.

 

The expected trading range for today is between 60000.00$ support and 65480.00$ resistance.

 

Trend forecast: Bullish