Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD
WhatsApp Telegram LinkedIn Facebook X TikTok Instagram

The GBPUSD consolidates below the resistance - Analysis - 14-09-2023

Economies.com
2023-09-14 03:40AM UTC

The GBPUSD pair approached 1.2400 barrier and bounced bullishly to settle around 1.2505 again, keeping its consolidation below it, noticing that stochastic loses its positive momentum clearly, waiting to motivate the price to resume the bearish trend that targets 1.2400 followed by 1.2310 level as next main stations.

 

Therefore, we will continue to suggest the bearish trend on the intraday and short-term basis, noting that breaching 1.2505 will push the price to recover and achieve gains that reach 1.2625 before any new attempt to decline.

 

The expected trading range for today is between 1.2400 support and 1.2550 resistance.

 

The expected trend for today: Bearish

The EURUSD awaits more decline - 14-09-2023

Economies.com
2023-09-14 03:40AM UTC

The EURUSD pair fluctuates near the bearish channel’s resistance, falling under continuous negative pressure coming by the EMA50, while stochastic provides negative signals on the intraday time frames.

 

Therefore, our bearish overview will remain valid, waiting to resume the negative trading that its next main target located at 1.0635, taking into consideration that breaching 1.0785 will stop the suggested bearish wave and lead the price to turn to rise.

 

The expected trading range for today is between 1.0650 support and 1.0800 resistance.

 

The expected trend for today: Bearish

Invesco gathers positive momentum - Analysis - 13-09-2023

Economies.com
2023-09-13 12:19PM UTC

Invesco QQQ Trust's stock (QQQ) fell in the intraday levels amid negative signals from the RSI after reaching overbought levels, while venting off overbought saturation and gathering positive momentum to rise anew, as it also leaned on the support of the 50-day SMA, amid the dominance of the main upward trend in the short term.

 

Therefore we expect the stock to return higher, targeting the pivotal resistance of 387.98, provided the support of 357.60 holds on.

 

Expected trend for today: Likely Bullish 

Victoria Secret readies to pierce pivotal support - Analysis - 13-09-2023

Economies.com
2023-09-13 12:19PM UTC

Victoria's Secret's stock (VSCO) fell in the intraday levels, leaning on the pivotal support of 16.89, amid the dominance of the main upward trend in the medium and short terms, 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 13.80, provided the initial support of 16.89 is reliably breached. 

 

Expected trend for today: Bearish

Frequently asked questions

What is the price of GBP/USD today?

The price of GBP/USD is $1.3650 (2025-07-04 02:15AM UTC)