The EURUSD pair provided additional negative trades to reach the thresholds of 1.1700 level, reinforcing the expectations of continuing the bearish trend, and we believe that the way is open to extend the bearish wave towards the next target at 1.1605, reminding you that it is important to hold below 1.1780 to continue the suggested bearish bias.
Hewlett-Packard's stock (HPQ) fell 1.86% in the last session on profit-taking, while gathering momentum to help it rise anew, amid the dominance of the main upward trend in the medium and short terms, with positive support from the 50-day SMA, coupled with positive signals from the RSI.
Therefore we expect the stock to return higher, targeting the first resistance at 32.85.
Expected trend for today: Bullish
IBM's stock declined 0.38% in the last session amid the dominance of the upward correctional short-term trend, with positive pressure from the 50-day SMA, while venting off overbought saturation in the RSI.
Therefore we expect the stock to rise and target the first resistance at 139.50.
Expected trend for today: Bullish
Johnson & Johnson's stock (JNJ) rose 0.67% in the last session amid the dominance of the main upward trend in the medium term, with positive support from the 50-day SMA.
Therefore we expect more gains for the stock, targeting the pivotal resistance of 173.55.
Expected trend for today: Bullish