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The GBPUSD gathers the positive momentum - Analysis - 15-03-2023

Economies.com
2023-03-15 04:14AM UTC

The GBPUSD pair continues to fluctuate within sideways and tight track since yesterday, noticing that stochastic gets rid of its negative momentum to approach the oversold areas, waiting to motive the price to resume the bullish trend that its next targets located at 1.2260 followed by 1.2440.

 

The EMA50 continues to support the suggested bullish wave, which will remain valid unless breaking 1.2070 and holding below it.

 

The expected trading range for today is between 1.2100 support and 1.2280 resistance.

 

The expected trend for today: Bullish

The EURUSD attacks the resistance - 15-03-2023

Economies.com
2023-03-15 04:14AM UTC

The EURUSD pair begins today with clear positivity to attack 1.0745 level and attempts to breach it, which hints heading to achieve new gains in the upcoming sessions, while it faces negative pressure by stochastic that might hinder the mission to rise.

 

Therefore, we prefer to stay aside until the price confirms its situation according to the mentioned level followed by detecting its next destination clearly, noting that the contradiction between the technical factors provides another reason for neutrality.

 

Note that confirming breaching 1.0745 will push the price to achieve positive targets that start at 1.0800 and extend to 1.0925, while consolidating below it will press on the price to resume the bearish wave that targets 1.0620 followed by 1.0515 as next main stations.

 

The expected trading range for today is between 1.0660 support and 1.0850 resistance.

 

The expected trend for today: Neutral

Generac tries to recoup losses - Analysis - 14-03-2023

Economies.com
2023-03-14 13:10PM UTC

Generac Holdings' stock (GNRC) rose in the intraday levels, while attempting to recoup some recent losses, marking a profit of 0.42% in the last session, or 48 points, and settling at  113.64, while hurt by piercing the upward correctional trend line in the short term, with negative signals from the RSI, while the stock pierced the support of the 50-day SMA.

 

Therefore we expect the stock to return lower, targeting the first support at 96.67, provided it settles below 124.62. 

 

Expected trend for today: Bearish

Comcast tries to vent off oversold saturation - Analysis - 14-03-2023

Economies.com
2023-03-14 13:10PM UTC

Comcast's stock (CMCSA) rose in the intraday levels, while recouping recent losses as it also vented off oversold saturation in the RSI, marking a fresh profit of 0.57% in the last session, or 20 cents, and settling at 35.51. 

 

The stock is hurt by piercing the upward correctional trend line in the short term, with negative pressure from the 50-day SMA.

 

Therefore we expect the stock to return lower, targeting the pivotal support of 33.78, provided the resistance of 37.88 holds on.

 

Expected trend for today: Bearish

Frequently asked questions

What is the price of GBP/USD today?

The price of GBP/USD is $1.3649 (2025-07-04 02:35AM UTC)