The EURUSD pair soared to breach 1.1275 level and head towards achieving more intraday gains, on its way to visit 1.1375 level before turning back to decline again, making the bearish bias suggested in the upcoming sessions unless breaking 1.1275 level and holding below it again.
Gilead's stock (GILD) fell 0.79% in the last session on profit-taking while gathering momentum and venting off overbought saturation in the RSI, while maintaining the main upward trend, as it's buoyed by the 50-day SMA, settling thereafter at 70.07.
Therefore we expect the stock to return higher, targeting the pivotal resistance of 73.25, provided it holds above 69.35.
Expected trend for today: Bullish
AMD's stock spiked 5.26% in the last session to 157.80, amid the dominance of the main upward trend in the medium and short terms, with support from the 50-day SMA, countered with negative signals from the RSI.
Therefore we expect more gains for the stock, targeting the first resistance of 172.35.
Expected trend for today: Bullish
Amazon's stock rose barely 0.01% in the last session in a volatile session after leaning on the important support of 3,548, lending it positive momentum after the RSI reached oversold levels, while gathering momentum to help it rise and anew and settle at 5,380.41, amid the dominance of the main upward trend in the medium term, with support from the 50-day SMA.
Therefore we expect more gains for the stock, targeting the pivotal resistance of 3,769, provided the support of 3,548 holds on.
Expected trend for today: Bullish