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The EURUSD approaches the first target – Analysis - 26-04-2019

Economies.com
2019-04-26 04:06AM UTC

The EURUSD pair keeps its stability below 1.1180 level, to keep the negative pressure valid for the upcoming period, supported by the EMA50, and the price crawls gradually towards our first target at 1.1100, noting that we suggest the continuation of the bearish bias to visit 1.1040 as a next station.

 

Therefore, the bearish trend will remain expected on the intraday and short term basis conditioned by the price stability below 1.1180 and 1.1245 levels.

 

The expected trading range for today is between 1.1040 support and 1.1200 resistance.

 

The expected trend for today: Bearish

Update: Crude oil price tests the critical support

Economies.com
2019-04-25 19:43PM UTC

Crude oil price trades with clear negativity to test the key support 64.90 now, which urges caution from the upcoming trading, as the continuation of the negative pressure and confirming breaking the mentioned level will turn the intraday track to decline to visit 62.85 areas mainly, while holding above it is required to resume the main bullish trend, which its next target located at 67.00.

Apple stages tactical decline - Analysis - 25-04-2019

Economies.com
2019-04-25 11:14AM UTC

Apple's stock settled above the support of 198.19, representing the ratio 61.8% of Fibonacci retracement levels for a descending wave in the short term (from 233.47 to 142.00), while venting off overbought saturation in the RSI and gathering momentum, amid positive support from the 50-day SMA. 

 

Therefore we expect the stock to rise and target the next resistance at 211.72, which represents the ratio 76.4% of the same retracement levels, as long as the support of 198.19 holds on. 

 

Expected trend for today: Bullish 

Coca-Cola collects profits - Analysis - 25-04-2019

Economies.com
2019-04-25 11:14AM UTC

Coca-Cola's stock fell 0.48% on profit-taking while gathering momentum to help it rise anew as it also vented off overbought saturation in the RSI, amid the dominance of the main upward trend in the medium and short terms, with positive pressure from the 50-day SMA. 

 

Therefore we expect the stock to rise and targeting the resistance of 49.55, as long as the support of 47.15 holds on. 

 

Expected trend for today: Bullish 

Frequently asked questions

What is the price of EUR/USD today?

The price of EUR/USD is $1.1688 (2025-07-13 06:05AM UTC)