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The EURUSD attempts to recover – Analysis - 17-08-2022

Economies.com
2022-08-17 04:18AM UTC

The EURUSD pair shows positive trades after approaching 1.0100 level in the previous sessions, to head towards potential test to 1.0200 level, noticing that stochastic loses its positive momentum clearly, waiting to motivate the price to resume the bearish wave that its next target extends to reach 1.0010.

 

Therefore, we will continue to suggest the bearish trend for the upcoming period unless breaching 1.0200 level and holding above it.

 

The expected trading range for today is between 1.0090 support and 1.0220 resistance.

 

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The expected trend for today: Bearish

Pfizer trapped in a hesitant place - Analysis - 16-08-2022

Economies.com
2022-08-16 10:44AM UTC

Pfizer's stock (PFE) fell in the intraday levels amid negative pressure from the 50-day SMA, marking a loss of 0.72% in the last session, or 36 cents, and settling at 49.75, amid the dominance of the main upward medium-term trend, with positive signals from the RSI, after reaching oversold levels. 

 

Therefore we expect the stock to rise and target the resistance of 54.55, provided it settles above 49.95. 

 

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Expected trend for today: Bullish

Honeywell rises after piercing downward trend line - Analysis - 16-08-2022

Economies.com
2022-08-16 10:44AM UTC

Honeywell's stock (HON) kept rising in the intraday levels amid support from the 50-day SMA, while buoyed by piercing the main downward short-term trend line, with positive signals from the RSI despite reaching overbought levels, with the stock rising 0.69% in the last session, or 1.38 points, and settling at 202.25. 

 

Therefore we expect more gains for the stock, targeting the first resistance at 206.40, provided it settles above 198.00.

 

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Expected trend for today: Bullish

Comcast rises alongside the downward trend line - Analysis - 16-08-2022

Economies.com
2022-08-16 10:44AM UTC

Comcast's stock (CMCSA) rose amid positive signals from the RSI after reaching oversold levels, with the stock rising 1.43%, or 57 cents, and settling at 40.57, therefore touching the resistance of the 50-day SMA, amid the dominance of the main downward trend in the short term. 

 

Therefore we expect the stock to return lower, targeting the support of 36.57, provided the resistance of 42.85 holds on.

 

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Expected trend for today: Bearish 

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What is the price of EUR/USD today?

The price of EUR/USD is $1.1688 (2025-07-11 23:35PM UTC)