Crude oil price keeps its stability above the intraday bullish channel’s support line, getting positive signal through stochastic, which supports the continuation of our bullish overview on the intraday and short term basis, which its first target located at 64.90, while achieving it conditions holding above 63.55.
Gold price settles below 1275.30 level, to keep the bearish trend active in the upcoming sessions, supported by stochastic loss to the positive momentum, waiting to resume the bearish bias that its next target located at 1253.20, while achieving it conditions holding below 1275.30 and 1282.00 levels.
The EURUSD pair keeps pressing negatively to move below 1.1255 level now, and it might head to test the most important support at 1.1180 before attempting to rise again, and in general, we will continue to suggest the bullish trend on the intraday basis unless breaking the mentioned support, noting that our first positive target is located at 1.1350.
Sirius XM Holdings' stock tried to breach the main downward trend line in the medium term, with positive support from the 50-day SMA, while settling above the support of 5.95, as it vented off overbought saturation in the RSI.
Therefore we expect more gains for the stock, as long as it settles above 5.95, targeting the first resistance at 6.18.
Expected trend for today: Bullish