Gold price tested 1770.00 and bounced bearishly to resume the expected bearish track for the upcoming period, supported by stochastic negativity, waiting to visit 1735.00 as a first main station, noting that the continuation of the bearish wave requires holding below 1770.00 and the most important below 1780.00.
The EURUSD pair managed to break the bearish flag’s support line to get negative motive that supports the expectations of continuing the bearish trend, and the way is open to achieve the first waited target at 1.1500, reminding you that it is important to hold below 1.1590 to continue the expected decline.
Facebook's stock (FB) fell 1.39% in the last session, settling at 325.45, amid the dominance of the downward correctional short-term wave, with negative pressure from the 50-day SMA, combined with negative signals from the RSI.
Therefore we expect more losses for the stock, targeting the first support at 315.55, targeting the first support at 315.55.
Expected trend for today: Bearish
Google's stock (GOOG) fell 0.86% in the last session after 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 after reaching overbought levels, hinting at negative divergence.
Therefore we expect more losses for the stock, targeting the important support of 2,654.50 anew, provided the resistance of 2,796.30 holds on.
Expected trend for today: Bearish