Gold price returns to rise after retesting 1818.00 level in the previous sessions, to keep the bullish trend scenario valid and active for the upcoming period, supported by moving above the EMA50, depending on the price stability above the mentioned level, reminding you that our next target is located at 1838.10.
The EURUSD pair resumes its bullish rally to start testing 1.2100 barrier, reinforcing the expectations of continuing the main bullish trend, which its next target located at 1.2150, reminding you that it is important to hold above 1.2011 to continue the suggested rise.
Comcast's stock returned higher with a 1.55% profit in the last session, amid the dominance of the main upward trend in the medium term, with positive pressure from the 50-day SMA, while venting off overbought saturation to maintain the upward trend.
Therefore we expect more gains for the stock, targeting the resistance of 55.00, provided the resistance of 52.00 was breached.
Expected trend for today: Bullish
Cisco's stock rose 1.21% in the last session, amid the dominance of the upward short-term wave, with positive support from the 50-day SMA, while buoyed by exiting a descending price channel, while attacking the important resistance of 43.64, with negative signals from the RSI.
Therefore we stand neutral until the stock moves on the resistance of 43.64, and in case of a breach, it'll attack the resistance of 45.55.
Expected trend for today: Likely Bullish