The EURUSD pair declined strongly to succeed achieving our waited target at 1.0765$, noticing that the price presses on this level to confirm breaking it and attempts to hold below it, reinforcing the expectations of extend the bearish wave in the upcoming period, reminding you that our next target reaches 1.0645$, while holding below 1.0765$ represents initial condition to the continuation of the expected decline.
The Goodyear Tire & Rubber Company’s stock price (GT) rose in the intraday levels after leaning on the support of the 50-day SMA previously, lending the stock momentum that helped it snag these gains.
There’s solid dominance of the upward short-term trend, and positive signals from the RSI after reaching oversold levels.
Therefore we expect more gains for the stock, targeting the first resistance at $14.85, provided the support of $12.65 holds on.
Trend forecast: Bullish
Take-Two Interactive Software’s stock price (TTWO) advanced in the intraday levels after shaking off negative pressure from the 50-day SMA, amid the dominance of the upward short-term trend, and with positive signals from the RSI despite reaching overbought levels.
Therefore we expect more gains for the stock, targeting the resistance of $164.00, provided it settles above $153.60.
Trend forecast: Bullish
BioNTech’s stock price (BNTX) rose in the intraday levels while recouping some recent losses, as it also tries to vent off oversold saturation in the RSI with positive signals coming out of it.
The main downward trend is dominating in the medium term with the stock trading alongside the secondary short-term trend line, with negative pressure from the 50-day SMA.
Therefore we expect the stock to return lower and target the pivotal support of $88.00, provided it settles below the resistance of $94.90.
Trend forecast: Likely Bearish