Visa Inc. (V) stock price recorded a slight advance in its latest intraday trading, as the stock attempts to recoup part of its previous losses while also trying to unwind some of its clear oversold conditions on the RSI, especially with the beginning of a positive crossover. This comes under the dominance of a short-term corrective downward trend, alongside continued negative pressure from trading below its SMA50, which limits the stock’s chances of recovery in the near term.

Therefore we expect the stock price to decline in upcoming trading, as long as it remains stable below the $336.00 resistance level, to target the key support at $318.00.

Today’s price forecast: Bearish

The price of (ETHUSD) settles on a sharp decline in its last intraday trading, and there is negative pressure due to its trading below EMA50, with the emergence of negative signals from relative strength indicators, on the other hand, the price moves alongside bullish trend line on its intraday levels, which helped the price to settle temporarily.

BTCUSD prices rose slightly in its last intraday trading, as it leaned on a support of a main bullish trend line on short-term basis, gaining some bullish momentum that helped it to achieve these gains, to target recovering some previous losses, and attempts to offload its oversold conditions on the relative strength indicators, amid the continuation of the negative pressure due to its trading below EMA50, with the dominance of bearish corrective wave on the intraday basis. 

brent price declined in its recent intraday trading, erasing its early gains for today amid the emergence of the negative signals from relative strength indicators, attempting to look for higher low to use it as a base that might help it gain the required bullish momentum for its recovery, amid the dominance of the main bullish trend on short-term basis, with the continuation of the positive support due to its trading above EMA50, reinforcing the recovery chances on near-term basis.