Crude oil price managed to surpass 90.00 barrier to reinforce the expectations of continuing the bullish trend in the upcoming sessions, opening the way to head towards 91.65 as a next main target, taking into consideration that the continuation of the bullish wave depends on the price stability above 88.10.
The EURUSD pair declined strongly to succeed achieving our waited target at 1.0635, falling under more negative pressure to open the way to surpass this level and achieve additional negative targets that reach 1.0500, taking into consideration that the consolidation of 1.0635 against the current negative pressure will lead the price to start recovery attempts on the intraday basis.
Adobe's stock (ADBE) returned higher in the intraday levels amid the dominance of the upward medium-term trend, while trading alongside the upward short-term trend line, with positive pressure from the 50-day SMA, countered with negative signals from the RSI after reaching overbought levels.
Therefore we expect more gains for the stock, targeting the first resistance at 599.10, provided the initial resistance of 553.56 was reliably breached.
Expected trend for today: Bullish
Didi Global's stock (DIDIY) closed flat in the intraday levels after declining for two sessions and venting off overbought saturation in the RSI, as the stock eventually leaned on the support of the 50-day SMA, lending it some positive momentum that helped it erase all early losses, while the stock trades alongside the upward correctional short-term trend line.
Therefore we expect the stock to rise and target the pivotal resistance of 3.86, provided the support of 3.23 holds on.
Expected trend for today: Bullish