The EURUSD pair traded with strong negativity yesterday to break 1.1700 level and settles below it, which supports the continuation of our bearish overview efficiently for the upcoming period, opening the way to head towards our next main target at 1.1605.

Therefore, we will continue to suggest the bearish trend on the intraday and short term basis, supported by the EMA50, noting that holding below 1.1780 is important to continue the suggested bearish wave.

The expected trading range for today is between 1.1610 support and 1.1750 resistance.

The expected trend for today: Bearish

IBM's stock declined 1% in the last session while hurt by piercing the main upward medium-term trend line recently, and amid pressure from the 50-day SMA, coupled with negative signals from the RSI, settling thereafter at 132.97.

Therefore we expect more losses for the stock, targeting the support of 130.40, provided it settles below 135.17.

Expected trend for today: Bearish 

Johnson & Johnson's stock (JNJ) rose 0.44% in the last session in attempts to  recoup recent losses, and amid the dominance of the downward correctional wave, while hurt by piercing the main upward trend line recently, as the stock tries to vent off oversold saturation in the RSI amid positive signals out of it, with negative pressure from the 50-day SMA.

Therefore we expect the stock to return lower, targeting the pivotal support of 161.90 anew, readying to pierce it. 

Expected trend for today: Bearish

JPMorgan's stock (JPM) inched up 0.01% in the last session in a timid attempt to recoup recent losses, settling thereafter at 152.98, while hurt by piercing the main upward trend line in the medium term, with negative pressure from the 50-day SMA, coupled with negative signals from the RSI despite reaching oversold levels. 

Therefore we expect the stock to return lower, targeting the pivotal support of 147.50, provided the resistance of 157.30 holds on.

Expected trend for today: Bearish