Litecoin’s currency price (LTCUSD) edged lower in the intraday levels on profit-taking, while gathering momentum to rise anew, amid the dominance of the main upward trend in the medium term, with positive signals from the RSI, coupled with positive pressure from trading below the 50-day SMA.
Therefore we expect the price to return higher, targeting the pivotal resistance of $147.22, provided the support of $97.54 holds on.
Trend forecast for today: Likely Bullish
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Stellar’s currency price (XLMUSD) edged lower in the intraday levels, while readying to pierce the pivotal support of $0.320209, with the losses curbed by positive signals from the RSI after reaching oversold levels, as the price tries to vent off that oversold saturation, amid the dominance of the downward correctional trend in the short term, with negative pressure due to trading below the 50-day SMA.
Therefore we expect the price to decline and target the next support of $0.23000, provided the aforementioned support of $0.320209 was reliably breached.
Trend forecast for today: Bearish
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The EURCHF price activated the bullish track again by settling above the additional support 0.9380, to surpass the MA55 and record additional gains by settling near 0.9460 now.
Also, stochastic reach to 80 level will reinforce the domination of the bullish bias by providing the additional positive momentum, allowing us to suggest attacking 0.9490 barrier, while surpassing it will push the price to 0.9535 as a next main target.
The expected trading range for today is between 0.9435 and 0.9490
Trend forecast: Bullish
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Natural gas price touched 3.592$ level yesterday followed by forming temporary negative rebound towards 3.520$ in order to gather the additional positive momentum to confirm the continuation of the previously suggested positivity.
Forming additional support at 3.400$ and stochastic reach to the overbought areas will increase the efficiency of the bullish track, to keep waiting to touch the target at 3.620$ soon, while surpassing it will push the price to test 3.750$ resistance line.
The expected trading range for today is between 3.450$ and 3.620$
Trend forecast: Bullish
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