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The EURUSD gets a negative signal – Analysis - 01-04-2021

Economies.com
2021-04-01 04:25AM UTC

The EURUSD pair returned to decline after the temporary rise that it witnessed yesterday, as stochastic lost its positive momentum and begins to overlap negatively now, waiting to motivate the price to resume the expected bearish trend for the upcoming period, which targets 1.1605 level as a next main station.

 

The EMA50 keeps supporting the expected bearish wave, reminding you that it is important to hold below 1.1780 to achieve the waited targets.

 

The expected trading range for today is between 1.1630 support and 1.1780 resistance.

 

The expected trend for today: Bearish

Update: Gold price achieves good gains

Economies.com
2021-03-31 16:30PM UTC

Gold price rallied upwards strongly to breach 1692.00 and heads towards potential test to the bearish channel’s resistance around 1728.00, making the bullish bias suggested for the upcoming sessions, being aware that we need to monitor the price behavior when reaching the mentioned level, as breaching it will lead the price to exit the bearish channel and turn to rise, while bouncing bearishly and breaking 1692.00 will reactivate the bearish trend scenario that its next target located at 1665.00.

McDonald's gathers positive momentum - Analysis - 31-03-2021

Economies.com
2021-03-31 10:14AM UTC

McDonald's stock (MCD) fell 1.04% in the last session while gathering positive momentum to help it rise anew, amid the dominance of the main upward trend in the medium term, with positive support from the 50-day SMA, coupled with positive signals from the RSI. 

 

Therefore we expect the stock to return higher, targeting the pivotal resistance of 231.75, provided the support of 218.50 holds on.

 

Expected trend for today: Bullish 

3M stalls - Analysis - 31-03-2021

Economies.com
2021-03-31 10:13AM UTC

3M's stock fell 0.56% in the last session, snapping a four-session profit streak as traders collect gains, while the stock gathers momentum to maintain the main upward medium-term trend, with positive pressure from the 50-day SMA, while venting off overbought saturation in the RSI.

 

Therefore we expect the stock to rise and target the psychological resistance of 200.00, provided the support of 187.18 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 (2025-07-11 23:35PM UTC)