The EURUSD pair broke 1.2135 level strongly to reach 1.2064 level direct, pressing negatively on this level in attempt to break it, which urges caution from the upcoming trading, as breaking the last level will press on the price to suffer additional losses that reach 1.1976.
General Motors' stock (GM) fell in the intraday levels, with negative signals from the RSI, after reaching overbought levels, while trespassing the support of the 50-day SMA, exposing it to negative pressure, while seeking a bottom to bounce it higher, while gathering momentum to help it rise anew, as it vented off overbought saturation, thereafter leaning on the main upward medium-term line.
Therefore we expect the stock to return higher, targeting the pivotal resistance of 62.00, provided the support of 54.47 holds on.
Expected trend for today: Bullish
General Electric's stock (GE) fell 1.95% in the last session, while being hurt by piercing the upside trend line, surpassing the support of the 50-day SMA, doubling negative pressure on the stock.
Therefore we expect more losses for the stock, targeting the support of 12.25, provided the resistance of 13.53 holds on.
Expected trend for today: Bearish
Ford Motor Company's stock (F) fell 1.11% in the last session, with negative signals from the RSI after reaching overbought levels, amid negative pressure from the 50-day SMA, as the stock traded alongside the main upward medium-term trend line.
Therefore we expect the stock to return higher, targeting the resistance of 12.14, provided the support of 11.13 holds on.
Expected trend for today: Bullish