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The EURUSD attempts to breach – Analysis - 08-12-2022

Economies.com
2022-12-08 04:29AM UTC

The EURUSD pair attempted to breach 1.0515 level but it keeps its stability below it, to keep the bearish trend scenario active, waiting to visit 1.0445 level initially, reminding you that breaking it will push the price to 1.0285 as a next negative target.

 

On the other hand, we should note that breaching 1.0515 and holding above it will push the price to resume the correctional bullish trend and head to achieve new gains that start at 1.0600 and extend to 1.0745.

 

The expected trading range for today is between 1.0410 support and 1.0570 resistance.

 

The expected trend for today: Bearish

Cisco collects profits - Analysis - 07-12-2022

Economies.com
2022-12-07 13:16PM UTC

Cisco Systems' stock (CSCO) fell in the intraday levels after the pivotal resistance of 50.00 held its ground, while collecting recent profits, as it also vented off overbought saturation in the RSI, amid negative signals out of them, while also buoyed by piercing the downward trend line recently, with positive support from the 50-day SMA.

 

Therefore we expect the stock to return higher, targeting the resistance of 53.68, provided the resistance of 50.00 was breached. 

 

Expected trend for today: Bullish

Microsoft tries to gather positive momentum - Analysis - 07-12-2022

Economies.com
2022-12-07 13:15PM UTC

Microsoft's stock (MSFT) slid in the intraday levels while trading alongside the downward short-term trend line, with negative signals from the RSI, after reaching overbought levels, while gathering positive momentum to rise anew, amid the dominance of the upward correctional short-term wave, with support from the 50-day SMA.

 

Therefore we expect the stock to return higher, targeting the resistance of 267.45, provided the support of 241.53 holds on.

 

Expected trend for today: Bullish

Visa tries to vent off overbought saturation - Analysis - 07-12-2022

Economies.com
2022-12-07 13:15PM UTC

Visa's stock (V) fell in the intraday levels after the pivotal resistance of 217.60 held its ground, while gathering momentum to rise anew, while venting off overbought saturation in the RSI, while buoyed by piercing the downward trend line, with support from the 50-day SMA.

 

Therefore we expect the stock to return higher, targeting the pivotal resistance of 217.60 anew. 

 

Expected trend for today: Bullish

Frequently asked questions

What is the price of EUR/USD today?

The price of EUR/USD is $1.1778 (2025-07-06 00:06AM UTC)