The EURUSD pair trades with clear positivity to test the key resistance 1.1780 now, which urges caution from the upcoming trading, as the price needs to hold below this level to keep the bearish trend valid for the upcoming period, supported by the EMA50, reminding you that our next target is located at 1.1605.
Pfizer's stock (PFE) returned higher with a 0.33% profit amid the dominance of the upward correctional short-term wave, with positive support from the 50-day SMA, countered with negative signals from the RSI after reaching overbought levels, while venting off overbought saturation out of it.
Therefore we expect more gains for the stock, targeting the resistance of 37.25, provided the support of 35.45 holds on.
Expected trend for today: Bullish
Amazon's stock rose 1.27% in the last session amid positive signals from the RSI, with negative pressure from the 50-day SMA, while hurt by piercing the main upward trend line recently.
Therefore we expect the stock to return lower, targeting the pivotal support of 2,872 anew, provided the resistance of 3,167 holds on.
Expected trend for today: Bearish
AMD's stock rallied 3.29% in the last session while venting off oversold saturation in the RSI, amid the dominance of the downward short-term correctional wave, while hurt by piercing the upside trend line recently, with positive pressure from the 50-day SMA.
Therefore we expect the stock to return lower, targeting the pivotal support of 73.83, provided the resistance of 84.60 holds on.
Expected trend for today: Bearish