Crude oil price bounced downwards clearly after testing the most important resistance at 60.65, to settle below 59.85 again, which keeps the bearish trend scenario valid and active for the upcoming period, which depends on the price stability below the mentioned resistance, reminding you that our waited targets begin at 57.25 followed by 54.85.
The EURUSD pair shows new positive trades to approach our waited target at 1.1885, and we need to monitor the price when reaching this level, as breaching it will extend the bullish wave to target 1.1975 as a next station, while holding against the current rise represents negative factor that will press on the price to rebound bearishly and head towards 1.1780 initially.
Google's stock (GOOG) rallied 4.11% in the last session, piercing the important resistance of 2,135, with positive support from the 50-day SMA, amid the dominance of the main upward trend in the medium term, while the RSI reached overbought levels, curbing future gains.
Therefore we expect more gains for the stock, targeting the first resistance at 2,300, provided it steadies above 2,135.
Expected trend for today: Bullish