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The GBPUSD breaches the resistance - Analysis - 24-09-2021

Economies.com
2021-09-24 04:09AM UTC

The GBPUSD pair rallied upwards strongly yesterday to breach 1.3680 and the bearish channel’s resistance line that appears on the chart, to head towards achieving more expected gains in the upcoming period, on its way to visit 1.3845 as a next main target.

 

Therefore, the bullish bias will be suggested for today unless breaking 1.3670 and holding below it.

 

The expected trading range for today is between 1.3670 support and 1.3845 resistance.

 

The expected trend for today: Bullish

The EURUSD loses momentum – Analysis - 24-09-2021

Economies.com
2021-09-24 04:09AM UTC

The EURUSD pair’s rise stopped at the EMA50 that formed good resistance against the price, accompanied by stochastic loss to the positive momentum clearly, waiting to motivate the price to resume the expected bearish trend for the upcoming period, which targets 1.1605 mainly.

 

On the other hand, we should note that breaching 1.1780 will stop the expected decline and lead the price to turn to rise.

 

The expected trading range for today is between 1.1650 support and 1.1790 resistance.

 

The expected trend for today: Bearish

3M tries to recoup some losses - Analysis - 23-09-2021

Economies.com
2021-09-23 11:34AM UTC

3M's stock rose 0.8% in the last session, settling at 179.84, while recouping recent losses in the short term, amid the dominance of the downward correctional wave, while venting off oversold saturation in the RSI, with negative pressure from the 50-day SMA.

 

Therefore we expect  the stock to return lower, targeting the support of 173.00, provided the support of 179.50 was breached. 

 

Expected trend for today: Bearish 

Morgan Stanley receives positive support - Analysis - 23-09-2021

Economies.com
2021-09-23 11:34AM UTC

Morgan Stanley's stock (MS) rose 2.54% in the last session after leaning on the main upward medium-term trend line, while also leaning on the 50-day SMA, amid positive signals from the RSI after reaching oversold levels. 

 

Therefore we expect more gains for the stock, targeting the pivotal resistance of 104.70, provided the support of 98.70 holds on.

 

Expected trend for today: Bullish

Frequently asked questions

What is the price of GBP/USD today?

The price of GBP/USD is $1.3654 (2025-07-06 21:35PM UTC)