Gold price traded with strong positivity to surpass 1731.00 and settles around 1745.00, to hint heading to resume the recently suggested bullish trend, which targets 1765.00 as a next station, noting that it is important to hold above 1731.00 to continue the current rise.
The EURUSD pair rallied upwards strongly to move away from the key support 1.1880, reinforcing the expectations of continuing the bullish trend, and the way is open to achieve our waited target at 1.1975, noting that surpassing this level will extend the bullish wave to reach 1.2064.
Morgan Stanley's stock (MS) fell 0.67% in the last session while gathering momentum to help it rise anew, amid the dominance of the main upward trend in the medium and short terms, with positive support from the 50-day SMA, coupled with positive signals from the RSI.
Therefore we expect the stock to rise and target the pivotal resistance of 85.00, provided the support of 77.10 holds on.
Expected trend for today: Likely Bullish
Nike's stock (NKE) rose 0.88% in the last session, retesting the important resistance of 136.25 while also touching the resistance of the 50-day SMA, amid the dominance of the downward correctional short-term wave, while hurt by piercing the main upward trend line recently, with negative signals from the RSI.
Therefore we expect the stock to return lower, targeting the first support of 130.25, provided the resistance of 136.25 holds ground.
Expected trend for today: Likely Bearish