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The EURUSD rallies upwards – Analysis - 23-01-2023

Economies.com
2023-01-23 04:26AM UTC

The EURUSD pair opened today’s trading with strong positivity to approach our waited target at 1.0915, reinforcing the expectations of continuing the bullish trend in the upcoming sessions, and we believe that the way is open to achieve additional gains that reach 1.1030.

 

The EMA50 provides continuous positive support to the price, to keep our bullish overview on the intraday and short term basis, noting that breaking 1.0830 will press on the price to test the key support 1.0745 before any new attempt to rise.

 

The expected trading range for today is between 1.0830 support and 1.0990 resistance.

 

The expected trend for today: Bullish

Procter & Gamble sharpens decline - Analysis - 20-01-2023

Economies.com
2023-01-20 13:44PM UTC

Procter & Gamble's stock (PG) kept falling in the intraday levels after reporting a second financial quarter profit as expected, however volumes were below expectations, with the stock sliding 2.73%, or 3.99 points, settling at 142.42, with trading volumes surpassing 12.6 million shares, above 10-day averages of 7.8 million shares. 

 

Technically, the stock was exposed to pressure after piercing the upward correctional trend line previously in the short term, with negative pressure from the 50-day SMA, coupled with negative signals from the RSI despite reaching oversold levels. 

 

Therefore we expect more losses for the stock, targeting the first support at 138.27, provided the resistance of 148.72 holds on.

 

Expected trend for today: Bearish

Robinhood exposed to negative pressure - Analysis - 20-01-2023

Economies.com
2023-01-20 13:44PM UTC

Robinhood's stock (HOOD) fell in the intraday levels after touching the resistance of the 50-day SMA, with negative signals from the RSI after reaching overbought levels compared to the stock's movements, forming negative divergence, amid the dominance of the main downward medium-term trend. 

 

Therefore we expect more losses for the stock, targeting the first support at 8.37, provided it settles below 9.16. 

 

Expected trend for today: Bearish

Spotify extends gains - Analysis - 20-01-2023

Economies.com
2023-01-20 13:43PM UTC

Spotify's stock (SPOT) rose in the intraday levels while buoyed by piercing the main downward trend line in the short term, with positive support from the 50-day SMA, coupled with positive signals from the RSI despite settling at overbought levels. 

 

Therefore we expect more gains for the stock, targeting the pivotal resistance of 98.64, provided it settles above the support of 86.84. 

 

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)