Zscaler Inc. (ZS) stock price extended its decline in its latest intraday trading, breaking below the key support level at $142.00, amid the emergence of negative signals from the Stochastic indicator. Negative pressure continues as the stock trades below its 50-day SMA, reinforcing the stability and dominance of the primary bearish trend in the short term, especially with price moving alongside a trendline supporting this path.

Therefore we expect the stock price to decline during its upcoming trading sessions, especially as long as it remains below $142.00, targeting the next support level at $118.00.

Today’s price forecast: Bearish

Ethereum price (ETHUSD) continued its upward movement during recent intraday trading, with the main short-term bullish trend still in control, as the price moves along a supportive trendline, this comes alongside positive signals from the relative strength indicators, despite reaching overbought levels. The price has also recently managed to overcome the negative pressure from EMA50, opening the way for further gains in the near term.

Brent crude oil declined during its recent intraday trading, influenced by a negative technical formation that appeared earlier on the short-term chart, specifically a double top pattern, this negative pressure is reinforced by the trading below EMA50, in addition to ongoing negative signals from the relative strength indicators, indicating clear dominance by sellers over price movements.

Bitcoin price (BTCUSD) extended its gains during recent intraday trading, surpassing the negative pressure from EMA50, to reach the key resistance level at $71,500, amid the dominance of the main short-term bullish trend, supported by positive signals from the relative strength indicators, despite reaching overbought levels, which enhances the chances of a successful breakout and continuation of the upward move.