Gold price suffered strong losses after failing to surpass 1950.00 level, to attack the bullish channel’s support line and attempt to break it, to head towards achieving potential bearish correction in the upcoming period, noting that closing the daily candlestick below 1920.00 will confirm the continuation of the bearish bias, while consolidating above it will lead the price to regain the main bullish trend again.
The EURUSD pair declined strongly to break 1.0940 level and head towards achieving more expected decline in the upcoming sessions, to head towards potential visit to 1.0815 areas, supported by stochastic negativity, taking into consideration that breaching 1.0940 will stop the current negative pressure and lead the price to rise again.
Marriott International's stock (MAR) rose in the intraday levels, amid the dominance of the upward correctional trend in the short term, with negative signals from the RSI after reaching overbought levels with positive support from the 50-day SMA.
Therefore we expect more gains for the stock, targeting the first resistance at 179.24, provided the support of 166.56 holds on.
Expected trend for today: Bullish
Target Corporation's stock (TGT) kept rising in the intraday levels, with positive support from the 50-day SMA, amid the dominance of the upward correctional short-term wave, with positive signals from the RSI despite reaching overbought levels.
Therefore we expect more gains for the stock, targeting the pivotal resistance of 183.90.
Expected trend for today: Bullish