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End of day analysis for the EURUSD 08-07-2020

Economies.com
2020-07-08 17:17PM UTC

The EURUSD pair rallies upwards strongly to start attacking 1.1340 level, reinforcing the expectations of continuing the bullish trend in the upcoming sessions, reminding you that we are waiting to visit 1.1420 as a next main target, while the expected rise will remain valid unless breaking 1.1270 and holding below it.

Oracle collects profits - Analysis - 08-07-2020

Economies.com
2020-07-08 12:36PM UTC

Oracle's stock fell 0.51% in the last session as traders collected profits in the short term, while gathering momentum to help it rise anew and vent off overbought saturation in the RSI, as the stock trades alongside the upward medium-term trend line, with positive pressure from the 50-day SMA. 

 

Therefore we expect the stock to rise anew, targeting the pivotal resistance of 60.50, provided the resistance of 57.32 was breached. 

 

Expected trend for today: Bullish  

Adobe relinquishes gains - Analysis - 08-07-2020

Economies.com
2020-07-08 12:36PM UTC

Adobe's stock fell 0.52% after hitting a session-high at 459.07, bouncing off it lower and turning gains into losses, while collecting profits and gathering momentum, as the stock vents off overbought saturation from the RSI, with the dominance of the main upward trend in the medium and short terms, with positive pressure from the 50-day SMA. 

 

Therefore we expect the stock to rise and target the resistance of 467.65. 

 

Expected trend for today: Bullish  

AMD driven lower by SMA resistance - Analysis - 08-07-2020

Economies.com
2020-07-08 12:36PM UTC

AMD's stock fell 0.88% in the last session after touching the resistance of the 50-day SMA, while the RSI reached overbought levels, amid the dominance of the downward short-term trend. 

 

Therefore we expect more losses for the stock, targeting the first support at 51.18, provided the resistance of 55.40 holds on. 

 

Expected trend for today: Bearish 

Frequently asked questions

What is the price of EUR/USD today?

The price of EUR/USD is $1.1664 (2025-07-14 20:55PM UTC)