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End of day analysis for the EURUSD 17-08-2021

Economies.com
2021-08-17 16:55 UTC

The EURUSD pair resumed its negative trading strongly to reach the thresholds of the first waited target at 1.1700, waiting for more decline that targets 1.1600 level as a next station, noting that the continuation of the bearish wave requires holding below 1.1780 and 1830.

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Boeing gives in to negative pressure - Analysis - 17-08-2021

Economies.com
2021-08-17 11:24 UTC

Boeing's stock (BA) fell 2.30% in the last session away from the ceiling of a downward correctional price channel that guided recent trading, while also touching the resistance of the 50-day SMA, as the RSI reached overbought levels, forcing the stock downwards.

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Bank of America tries to vent off overbought saturation - Analysis - 17-08-2021

Economies.com
2021-08-17 11:24 UTC

aBank of America's stock (BAC) fell in the intraday levels on profit-taking while gathering positive momentum to help it rise anew, while venting off overbought saturation in the RSI, with negative signals out of them, amid the dominance of the main upward trend in the medium term, with positive pressure from the 50-day SMA.

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City Group tries to gather momentum - Analysis - 17-08-2021

Economies.com
2021-08-17 11:24 UTC

City Group's stock (C) fell 1.38% in the last session while gathering momentum and venting off overbought saturation in the RSI amid negative signals out of them, while trading alongside the main upward medium-term trend line, with positive pressure from the 50-day SMA.

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