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The GBPUSD fluctuates at the support - Analysis - 26-10-2021

Economies.com
2021-10-26 04:16AM UTC

The GBPUSD pair continues to fluctuate at the bullish channel’s support line, getting continuous support by the EMA50, while stochastic shows positive signals now.

 

Therefore, these factors encourage us to continue suggesting the bullish trend for the upcoming period, which its targets begin by breaching 1.3795 to confirm rallying towards 1.3910, reminding you that holding above 1.3720 is important to achieve the suggested targets.

 

The expected trading range for today is between 1.3700 support and 1.3860 resistance.

 

The expected trend for today: Bullish

The EURUSD breaks the support – Analysis - 26-10-2021

Economies.com
2021-10-26 04:16AM UTC

The EURUSD pair faced strong negative pressure yesterday to break 1.1615 and close the daily candlestick below it, which stops the recently suggested positive scenario and leads the price to resume the main bearish trend, on its way to achieve negative targets that start by testing the recently recorded low at 1.1525.

 

Therefore, the bearish bias will be suggested for today unless the price managed to breach 1.1615 and hold above it again.

 

The expected trading range for today is between 1.1525 support and 1.1650 resistance.

 

The expected trend for today: Bearish

Boeing suffers from negative pressures - Analysis - 25-10-2021

Economies.com
2021-10-25 11:53AM UTC

Boeing's stock (BA) fell 0.64% in the last session while trading within a descending correctional price channel that guided recent short-term trading, with negative pressure from the 50-day SMA, settling at 212.97. 

 

Therefore we expect more losses for the stock, targeting the support of 204.30, provided it settles below 221.10.

 

Expected trend for today: Bearish

Bank of America surges - Analysis - 25-10-2021

Economies.com
2021-10-25 11:53AM UTC

Bank of America's stock (BAC) fell 1.58% in the last session, settling at 47.57, 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 psychological barrier of 50.00, provided the resistance of 47.70 was breached. 

 

Expected trend for today: Bullish 

Frequently asked questions

What is the price of GBP/USD today?

The price of GBP/USD is $1.3498 (2025-07-11 21:35PM UTC)