Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

Evening update for Gold 11-01-2024

Economies.com
2024-01-11 18:54PM UTC

Gold price trades with clear negativity to start pressing on the key support 2016.90, reinforcing the expectations of continuing the bearish trend in the upcoming sessions, reminding you that our next target reaches 1977.46, while achieving it requires holding below 2044.85.

Evening update analysis for the EURUSD 11-01-20240

Economies.com
2024-01-12 04:07AM UTC

The EURUSD pair faces negative pressure to attack 1.0960 level and hints the attempt to reactivate the negative scenario, and as we mentioned in today’s reports, the price needs to confirm breaking this support or breaching 1.0995 resistance to detect the next targets clearly, which keeps our neutrality valid until now, noting that closing the day below 1.0960 will push the price to achieve negative targets that start by visiting 1.0860 areas.

AirBNB surrounded with positive pressures - Analysis - 11-01-2024

Economies.com
2024-01-11 11:49AM UTC

AirBNB's stock (ABNB) rose in the intraday levels while trading alongside the upward secondary trend line in the short term, with positive pressure from the 50-day SMA, coupled with positive signals from the RSI after reaching oversold levels.

 

Therefore we expect more gains for the stock, targeting the resistance of 154.95, provided the support of 130.82 holds on.

 

Expected trend for today: Bullish 

Roblox leans on upside trend line - Analysis - 11-01-2024

Economies.com
2024-01-11 11:49AM UTC

Roblox Corporation's stock (RBLX) fell in the intraday levels while seeking a bottom to boost it higher, while gathering positive momentum, finally leaning on the upward short-term trend line, with positive pressure from the 50-day SMA, as the RSI reached oversold levels compared to the stock's movements, hinting at positive divergence. 

 

Therefore we expect the stock to return higher, targeting the pivotal resistance of 46.25, provided the support of 39.32 holds on.

 

Expected trend for today: Likely Bullish