Evening update for EURUSD-17-03-2026

Stellar (XLMUSD) price is holding on to sharp and sudden losses in its latest intraday trading, despite the dominance of a short-term bullish wave, with price moving alongside a supporting trendline, supported by its continued trading above its 50-day SMA, which enhances the chances of a near-term recovery. Through this performance, the price is attempting to gain positive momentum that may help it recover and rise again, while also trying to unwind its previously evident overbought conditions on the RSI, especially as negative signals begin to emerge.

AbbVie (ABBV) stock price rose in its latest intraday trading, as the stock attempts to unwind some of its clear oversold conditions indicated by the RSI, especially with the beginning of a positive crossover appearing in the indicator. This comes amid the dominance of a short-term corrective bearish wave, along with continued negative pressure resulting from trading below its 50-day SMA, which reduces the chances of a near-term recovery.

Home Depot, Inc. (HD) stock price rose in its latest intraday trading, as the stock attempts to recover part of its previous losses, while also trying to unwind some of its clear oversold conditions indicated by the RSI, especially with the beginning of a positive crossover appearing in the indicator. This comes after the stock was previously affected by breaking a short-term corrective bullish trendline, amid the dominance of a steep minor bearish wave, in addition to continued negative pressure resulting from trading below its 50-day SMA.