Gold price tested 2325.90$ and bounced upwards clearly from there, to keep the bullish trend scenario valid and active for the upcoming period, supported by the technical indicators’ positivity, reminding you that we are waiting to visit 2393.00$ followed by 2510.00$ levels as next main stations.
The EURUSD price resumes its negative trading to break 1.0645$ level and close the last four hours’ candlestick below it, reinforcing the expectations of continuing the bearish trend domination in the upcoming sessions, reminding you that our next target is located at 1.0525$, and the price needs to hold below 1.0645$ as a first condition to the continuation of the expected decline.
Dollar General’s stock price (DG) fell in the intraday levels while trying to gather positive momentum to rise anew, amid the dominance of the upward correctional trend in the short term, with positive signals from the RSI after reaching oversold levels, thus leaning on the support of the 50-day SMA.
Therefore we expect the stock to return higher, targeting the pivotal resistance of $168.00, provided the support of $139.12 holds on.
Trend forecast: Likely Bullish
Domino’s Pizza’s stock price (DPZ) inched down in the intraday levels, amid negative signals from the RSI while gathering positive momentum to rise anew, amid the dominance of the main upward trend in the medium term as it trades alongside the secondary short-term trend line, with positive pressure from the 50-day SMA.
Therefore we expect the stock to return higher, targeting the resistance of $535.00, provided it holds above the support of $476.00.
Expected trading range: between the support of $476.00 and the resistance of $535.
Trend forecast: Likely Bullish