The EURUSD pair provided additional positive trades today in attempt to reach our main waited target at 1.1295, to keep our bullish overview valid for the upcoming sessions, which gets continuous support by the EMA50, reminding you that it is important to hold above 1.1170 to continue the suggested rise.
Morgan Stanley's stock rose 1.97% in the last session amid support from the 50-day SMA, with the dominance of the upward short-term trend, countered with negative signals from the RSI.
Therefore we expect more gains for the stock, targeting the resistance of 50.54, provided the resistance of 45.83 was breached.
Expected trend for today: Bullish
3M's stock rose 1.32% in the last session while trading alongside the upward short-term trend line, with support from the 50-day SMA, targeting the resistance of 159.19, representing the ratio 61.8% of Fibonacci retracement levels for a descending wave in the medium term (from 187.00 to 114.01).
Therefore we expect more gains for the stock, targeting the next resistance at 169.94, representing the ratio 76.4% of the same retracement levels.
Expected trend for today: Bullish
McDonald's stock rose 0.10% in the last session with negative signals from the RSI, coupled with support from the 50-day SMA, while trading alongside the upward short-term trend line.
Therefore we expect more gains for the stock, targeting the resistance of 199.75, provided the resistance of 187.43 was breached.
Expected trend for today: Bullish