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Evening update analysis for the EURUSD 20-09-2023

Economies.com
2023-09-20 17:11PM UTC

The EURUSD pair rallied upwards strongly to breach the bearish channel’s resistance and head towards achieving expected gains in the upcoming sessions, targeting testing 1.0785 as a next main station, noting that breaching this level will push the price to continue the rise on the longer-term basis, while consolidating below will push the price to resume the main bearish trend again.

Nvidia trapped in a hesitant place - Analysis - 20-09-2023

Economies.com
2023-09-20 11:38AM UTC

Nvidia Corporation's stock (NVDA) fell in the intraday levels, amid negative pressure from the 50-day SMA, with negative signals from the RSI despite reaching oversold levels, amid the dominance of the main upward trend in the medium term. 

 

Therefore we expect the stock to rise and target the pivotal resistance of 500.00, provided the support of 403.11 holds on.

 

Expected trend for today: Likely Bullish 

Texas Instruments tries to recoup some losses - Analysis - 20-09-2023

Economies.com
2023-09-20 11:37AM UTC

Texas Instruments Incorporated's stock (TXN) rose in the intraday levels, while recouping some recent losses, amid the dominance of the downward correctional trend in the short term, with negative pressure from the 50-day SMA, coupled with negative signals from the RSI.

 

Therefore we expect the stock to return lower, targeting the first support at 154.68, provided the support of 160.83 was reliably surpassed. 

 

Expected trend for today: Likely Bearish 

Baidu suffers from negative pressures - Analysis - 20-09-2023

Economies.com
2023-09-20 11:37AM UTC

Baidu's stock (BIDU) fell in the intraday levels, while hurt by piercing the main upward trend line previously in the short term, with negative pressure from the 50-day SMA, coupled with negative signals from the RSI despite reaching oversold levels.

 

Therefore we expect more losses for the stock, targeting the pivotal support of 116.50, provided the resistance of 139.20 holds on.

 

Expected trend for today: Bearish 

Frequently asked questions

What is the price of EUR/USD today?

The price of EUR/USD is $1.1601 (2025-07-15 19:15PM UTC)