The EURUSD pair shows negative trades to break the intraday bullish channel’s support line and settles below it now, to start activating the bearish trend scenario on the intraday basis, on its way to visit 1.0765 as a first negative target, making the bearish bias suggested for today.

Breaking 1.0820 will ease the mission of achieving the mentioned target, and surpassing this target will extend the bearish wave to reach 1.0645 areas on the near-term basis, while the bearish trend will remain valid unless the price rallied to breach 1.0860 followed by 1.0890 levels and hold above them.

The expected trading range for today is between 1.0750 support and 1.0900 resistance.

The expected trend for today: Bearish

CVS Health Corporation’s stock fell in the intraday levels while gathering positive momentum to rise anew, as it also vented off overbought saturation in the RSI with negative signals out of them, amid the dominance of the upward short-term trend, with the stock thus learning on the support of the 50-day SMA. 

Therefore we expect the stock to return higher, targeting the pivotal resistance of 83.25, provided the support of 76.60 holds on.

Expected trend for today: Likely Bullish 

eBay’s stock declined in the intraday levels after the important resistance of 44.27 held on, with the stock collecting profits and venting off overbought saturation in the RSI, while gathering momentum to rise anew, amid the dominance of the upward correctional trend in the short term, with positive pressure from the 50-day SMA. 

Therefore we expect the stock to return higher, targeting the resistance of 46.00, provided the resistance of 44.27 was breached. 

Expected trend for today: Likely Bullish 

Taiwan Semiconductor Company’s stock (TSM) rose in the intraday levels amid the dominance of the main upward trend in the medium term, while trading alongside the secondary short-term trend line, with positive pressure from the 50-day SMA, coupled with positive divergence from the RSI after reaching oversold levels compared to the stock’s movements.

Therefore we expect the stock to rise and target the pivotal resistance of 135.17. 

Expected trend for today: Bullish