The EURUSD pair trades with clear positivity since yesterday’s evening, approaching our waited target at 1.1888, and we expect to surpass this level to open the way to achieve more gains that reach 1.1975.
Therefore, we are waiting for more rise in the upcoming sessions supported by the EMA50, reminding you that the continuation of the bullish wave depends on the price stability above 1.1780.
The expected trading range for today is between 1.1800 support and 1.1930 resistance.
The expected trend for today: Bullish
The EURUSD pair made new test to 1.1780 and bounced bullishly from there, to keep the bullish trend scenario active for the upcoming period, which gets good support by the EMA50, while our next main target is located at 1.1888.
Honeywell's stock (HON) rose 0.48% in the last session and readies to tackle the pivotal resistance of 233.90, amid the dominance of the main upward trend in the medium term, with positive pressure from the 50-day SMA, countered with negative signals from the RSI after reaching overbought levels.
Therefore we expect more gains for the stock, targeting the resistance of 247.00, provided the resistance of 233.90 was reliably breached.
Expected trend for today: Bullish
Hewlett-Packard's stock (HPQ) fell 0.28% in the last session while trading alongside the downward correctional short-term trend line, with negative pressure from the 50-day SMA, coupled with negative signals from the RSI.
Therefore we expect more losses for the stock, targeting the support of 26.90.
Expected trend for today: Bearish