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Evening update for Crude oil 06-10-2021
Crude oil price managed to surpass our first target at 77.85 to open the way to head towards our second waited target at 76.65, and we need to monitor the upcoming trading, as breaking the second level will extend the bearish wave to reach 74.50 on the near term basis.
Evening update analysis for Gold 06-10-2021
Gold price bounced upwards clearly to head towards potential test to the key resistance at 1770.00, and as long as the price is below this level, our bearish overview will remain valid and active, reminding you that our main waited target located at 1735.00.
MoreCoca-Cola tries to vent off oversold saturation - Analysis - 06-10-2021
Coca-Cola's stock (KO) rose 0.17% in the last session while trying to recover recent losses, while venting off oversold saturation in the RSI, with positive signals from the RSI, amid the dominance of the downward correctional short-term trend, with negative pressure from the 50-day SMA.
MoreMcDonald's attacks pivotal resistance - Analysis - 06-10-2021
McDonald's stock (MCD) rose 0.88% in the last session, amid positive divergence in the RSI after reaching oversold levels compared to the stock's movements, amid positive signals out of them, amid the dominance of the main upward trend in the medium and short terms, with positive support from the 50-day SMA, tackling the pivotal resistance of 246.45.
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