Litecoin price tries to gather positive momentum - Forecast today - 22-10-2024
Litecoin’s currency price (LTCUSD) fell in the intraday levels, while gathering positive momentum to shake off negative pressure from the 50-day SMA, while also venting off overbought saturation in the RSI as negative signals come out of it, amid the dominance of the upward correctional short-term wave.
Therefore we expect the price to return higher and target the important resistance of $76.76, provided the support of $69.14 holds on.
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The NZDUSD price forecast update 22-10-2024
The NZDUSD price shows some slight bearish bias now, waiting to get additional positive momentum that supports the chances of breaching 0.6070$ and open the way to continue the rise and achieve additional gains that reach 0.6140$.
Therefore, we will continue to suggest the bullish trend for the upcoming period unless breaking 0.6025$ followed by 0.6000$ and holding below them.
The expected trading range for today is between 0.6000$ support and 0.6100$ resistance
Trend forecast: Bullish
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The AUDUSD price forecast update 22-10-2024
The AUDUSD price approached 0.6697$ level, waiting for more rise to breach this level and confirm the continuation of the bullish trend domination for the upcoming sessions, reminding you that the next target reaches 0.6744$, while achieving it requires holding above 0.6650$.
The expected trading range for today is between 0.6640$ support and 0.6730$ resistance
Trend forecast: Bullish
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Brent oil price forecast update 22-10-2024
Brent oil price tested 73.90$ level and finds solid support there, waiting to break this level to confirm the continuation of the bearish trend domination for the upcoming sessions, reminding you that our next target is located at 72.06$.
Stochastic continues to provide the negative signals that support the expectations to decline, reminding you that it is important to hold below 75.36$ to continue the bearish trend.
The expected trading range for today is between 72.50$ support and 75.50$ resistance.
Trend forecast: Bearish
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