The EURUSD pair resumes its positive trading to approach the key resistance 1.1375, and as long as the price is below this level, our bearish overview will remain valid and active for the upcoming period, noting that the first negative target is represented by testing 1.1285.
Intel's stock (INTC) advanced 0.26% in the last session amid negative signals from the RSI after reaching overbought levels, settling at 54.01, while buoyed by piercing the main downward trend line recently, while also buoyed by trading above the 50-day SMA.
Therefore we expect more gains for the stock, targeting the important resistance of 58.40, provided the support of 51.95 holds on.
Expected trend for today: Bullish
Microsoft's stock (MSFT) tumbled 0.79% in the last session amid negative pressure from the 50-day SMA, with negative signals from the RSI, settling at 313.88, parking at the support of the upward short-term trend line.
Therefore we expect the stock to return higher, targeting the resistance of 329.90, provided the pivotal support of 306.00 holds on.
Expected trend for today: Bullish
PayPal Holdings' stock (PYPL) spiked 2.73% in the last session, settling at 192.27, amid the dominance of the downward trend in the short term, with negative pressure form the 50-day SMA, coupled with negative signals from the RSI.
Therefore we expect the stock to return lower, targeting the support of 171.50, provided the resistance of 195.60 holds on.
Expected trend for today: Bearish