The EURUSD pair declined sharply to break 1.1055 level and attack 1.1000 barrier now, which stops today’s suggested positive scenario and put the price under the negative pressure in the upcoming sessions, targeting testing 1.0955 followed by 1.0940 levels as next stations, noting that breaching 1.1055 will reactivate the main positive scenario and start new recovery attempts on the intraday basis.
United Health Group's stock (UNH) fell in the intraday levels while gathering momentum to rise anew, as it also vents off overbought saturation in the RSI, marking a final loss of 0.57% in the last session, or 2.93 points, and settling at 508.00, amid positive support from the 50-day SMA, with the stock buoyed recently by piercing the downward short-term trend line.
Therefore we expect the stock to return higher, targeting the resistance of 530.45, provided the support of 483.20 holds on.
Expected trend for today: Bullish
Bank of America's stock (BAC) returned higher in the intraday levels amid the dominance of the upward correctional short-term trend, with positive pressure from the 50-day SMA, marking a profit of 0.81% in the last session, or 26 cents, and settling at 32.41, countered by negative signals from the RSI after reaching overbought levels, curbing upcoming gains.
We still expect more gains for the stock, targeting the first resistance at 34.70, provided the support of 30.93 holds on.
Expected trend for today: Bullish
Bristol-Myers Squibb Company's stock (BMY) fell in the intraday levels, amid the dominance of the main downward short-term trend, with negative pressure from the 50-day SMA, marking a loss of 0.56% in the last session, or 36 cents, and settling at 63.41, with negative signals from the RSI after reaching overbought levels, hinting at a negative divergence.
Therefore we expect more losses for the stock, targeting the pivotal support of 61.41, provided the resistance of 65.30 holds on.
Expected trend for today: Bearish