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
IBM's stock inched down 0.01% in the last session amid the dominance of the main upward trend in the medium term, with positive signals from the RSI, gathering positive momentum to shake off negative pressure from the 50-day SMA.
Therefore we expect the stock to rise and target the resistance of 148.35, provided the resistance of 143.00 was breached.
Expected trend for today: Bullish