Crude oil price managed to surpass the EMA50 and rally upwards to move away from the bullish channel's support, which supports the continuation of our bullish overview on the intraday and short term basis, reminding you that our main targets begin at 57.90 and extend to 60.25, while achieving them conditions holding above 55.05.
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Gold price rallied upwards strongly after confirming surpassing 1281.17 level, to reach our first waited target at 1299.20, reinforcing the expectations of achieving more gains in the upcoming period, to extend the next target towards 1321.50, noting that holding above 1281.17 represents the first protecting factor to achieve the suggested targets.
MoreThe EURUSD pair did not show any strong move today, to continue fluctuating around 1.1800 level, and as long as the price is above 1.1679, the bullish trend scenario will remain active for today, supported by the EMA50 that keeps carrying the price from below, noting that our next target is located at 1.2100.
MoreAT&T's stock (T) rallied in the intraday levels, scoring a gain of 2.10% in the last session, or 0.71 points, and tackling the resistance of 34.35, amid negative pressure from the 50-period SMA in the intraday levels, while the RSI reached extremely overbought levels compared to the stock's movement.
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