The GBPUSD price surpassed our first waited target at 1.2580$ to open the way to achieve more bearish correction on the intraday basis, on its way to visit 1.2480$ as a next negative target, to keep the bearish bias dominant in the upcoming sessions, noting that it is important to get daily close below 1.2580$ to add more confirmation to the continuation of the expected bearish trend.

The EURUSD price broke 1.0765$ level clearly and closed the last four hours’ candlestick below it, reinforcing the expectations of continuing the domination of the bearish trend, opening the way to head towards our next target that reaches 1.0645$, noting that holding below 1.0765$ represents the first condition to the continuation of the expected decline.

UnitedHealth Group Stock Analysis

• The intraday levels of UnitedHealth Group’s stock (UNH) witnessed a rise despite negative pressure from the 50-day SMA.
• The dominant downward trend and secondary short-term trend line indicate a bearish sentiment.
• The RSI has reached overbought levels compared to the stock’s movements.

Forecast and Analysis

Considering the current trends and indicators, we anticipate a downward movement in the stock price, targeting the significant support level of $473.36.

If the resistance level of $501.75 holds, it would support this bearish forecast.

Trend Forecast

Likely Bearish

Bank of America Stock Analysis

• Intraday levels of Bank of America’s stock (BAC) witnessed an advancement amidst the dominance of an upward correctional trend in the short term.
• Positive support from the 50-day SMA and signals from the RSI, after reaching overbought levels, further bolstered the bullish sentiment.

Forecast and Analysis

Considering the current trends and indicators, we anticipate further gains in the stock price, targeting the pivotal resistance level of $38.60.

If the support level of $36.22 holds, it would support this bullish forecast.

Trend Forecast

Likely Bullish