The EURUSD pair attempted to breach 1.1885 level but it couldn’t manage to hold above it, to settle below this level and hints heading to rebound bearishly in the upcoming sessions, making the bearish bias suggested for today, targeting testing 1.1780 level initially.
Therefore, we expect witnessing negative trades today, taking into consideration that breaching 1.1885 and holding above it will stop the suggested negative scenario and lead the price to achieve more gains on the intraday and short term basis.
The expected trading range for today is between 1.1780 support and 1.1950 resistance.
The expected trend for today: Bearish
Starbucks' stock (SBUX) rallied 1.92% in the last session, piercing the resistance of 112.25 amid positive support from the 50-day SMA, with the dominance of the main upward trend in the medium term, countered with negative signals from the RSI.
Therefore we expect more gains for the stock, targeting the first resistance at 117.35, provided it holds above 112.25.
Expected trend for today: Bullish
American International Group's stock (AIG) fell 0.19% in the last session amid negative signals from the RSI, with the dominance of the main upward medium-term trend, with positive pressure from the 50-day SMA, while the stock gathers positive momentum to bolster it higher.
Therefore we expect the stock to return higher, targeting the pivotal resistance of 48.88.
Expected trend for today: Bullish
Boeing's stock (BA) fell 1.62% in the last session while gathering positive momentum and venting off overbought saturation in the RSI, as the stock trades alongside the upward short-term trend line, with positive pressure from the 50-day SMA.
Therefore we expect the stock to return higher and target the important resistance of 278.25, provided it holds above 253.60.
Expected trend for today: Bullish