Gold price shows new negative trades to press on 1635.20 level, which urges caution from the upcoming trading, as breaking it will put the price under additional negative pressure that targets 1601.70 areas mainly, while breaching 1655.90 represents the key to resume the main bullish trend that its next target located at 1720.00.
The EURUSD pair returns to trade below 1.0887 after attempting to breach it today, to keep the bearish trend scenario active for the upcoming period, and the price needs to break 1.0845 to ease the mission of heading towards 1.0760 that represents our next main target, reminding you that it is important to hold below 1.0887 to continue the expected decline.
JPMorgan & Chase's stock slumped 4.46% in the last session, amid negative pressure from the 50-day SMA, with negative signals from the RSI, while piercing the main upward trend line in the medium term.
Therefore we expect more losses for the stock, targeting the support of 120.43.
Expected trend for today: Bearish
Johnson & Johnson's stock kept falling in the intraday levels, amid the dominance of the downward correctional short-term trend, with negative pressure from the 50-day SMA, marking a 0.86% loss.
Therefore we expect more losses for the stock, targeting the first support at 142.14.
Expected trend for today: Bearish