The EURUSD price shows new negative trades to approach 1.0475$ level, waiting to break this level to confirm extending the bearish wave towards 1.0400$ as a next negative target.

The EMA50 continues to support the suggested bearish wave, which will remain valid unless breaching 1.0563$ and holding above it.

The expected trading range for today is between 1.0450$ support and 1.0600$ resistance

Trend forecast: Bearish

SalesForce’s stock price (CRM) fell in the intraday levels on profit-taking, while trying to vent off overbought saturation in the RSI with negative signals streaming out of it, as the stock gathers positive momentum to rebound, amid the dominance of the main upward trend in the medium term, while trading alongside the secondary short-term trend line, with positive pressure due to trading above the 50-day SMA. 

Therefore we expect the stock to return higher and target the resistance of $384.80, provided the support of $318.70 holds on.

Trend forecast for today: Likely Bullish 

Advanced Micro Devices’ stock price (AMD) kept falling in the intraday levels, amid the dominance of the downward correctional trend in the short term, with negative signals from the RSI after reaching overbought levels, while suffering negative pressure from trading below the 50-day SMA. 

Therefore we expect more losses for the stock, targeting the pivotal support of $121.83, provided it settles below the resistance of $141.16.

Trend forecast for today: Bearish 

Broadcom’s stock price (AVGO) 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 coming out of it, amid the dominance of the main upward trend in the medium term, while leaning on the support of the 50-day SMA. 

Therefore we expect the stock to return higher, targeting the pivotal resistance of$185.16, provided the support of $156.40 holds on.

Trend forecast for today: Likely bullish