The (EURUSD) witnessed fluctuated trading on its last intraday levels after its decline, attempting to offload its overbought conditions on the relative strength indicators, with the emergence of the negative signals from there, attempting at the same time to gain bullish momentum to help it in the stability of the bullish corrective trend on the short-term basis, leaning on the support of its EMA50, which provided bullish push that helped it to rebound quickly to erase these losses.
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VeThor Token (VTHOUSD) held onto limited gains in its latest intraday trading after finding support at the 50-day SMA, which provides renewed positive momentum. The cryptocurrency remains under the dominance of a short-term corrective bullish trend, with trading along an ascending line that supports this direction. In the background, a bullish crossover has started to appear on the relative strength indicators after reaching extremely oversold levels compared to the price movement, suggesting the formation of a positive divergence.
Therefore, we expect the cryptocurrency to rise in its upcoming intraday trading, provided that the support level of $0.001192 holds, targeting the key resistance level of $0.001361.
Today’s price forecast: Bullish.
Zcash (ZECUSD) rose slightly in its latest intraday trading, under the dominance of the main short-term bullish trend, with trading along a secondary ascending line that supports this direction. The cryptocurrency continues to enjoy positive pressure from trading above the 50-day SMA, while a positive divergence has begun to form on the relative strength indicators after reaching extremely oversold levels compared to the price movement, accompanied by the early appearance of a bullish crossover.
Therefore, we expect the cryptocurrency to rise in its upcoming intraday trading as long as the support level of $298.00 holds, targeting the resistance level of $375.20.
Today’s price forecast: Bullish.
FedEx Corporation (FDX) stock rose in its latest intraday trading, with the recent advance bringing it to test the key resistance level of $245.75. The stock remains under the dominance of a short-term corrective bullish trend, trading along an ascending line, while maintaining dynamic support from trading above the previous 50-day SMA. In addition, positive signals continue to appear from the relative strength indicators, reinforcing the likelihood of further upward movement.
Therefore, we expect the stock to rise in its upcoming trading sessions, especially if it breaks above the mentioned resistance level of $245.75, targeting the next resistance level at $268.85.
Today’s stock forecast: Bullish.