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The GBPUSD keeps rising - Analysis - 11-02-2021

Economies.com
2021-02-11 04:58AM UTC

The GBPUSD pair shows more bullish bias to approach 1.3900 barrier, reinforcing the expectations of continuing the main bullish trend, which targets 1.3965 level as a next station.

 

The EMA50 keeps supporting the suggested bullish wave, besides that stochastic gets rid of its negative momentum gradually, taking into consideration that the continuation of the expected rise requires holding above 1.3735.

 

The expected trading range for today is between 1.3770 support and 1.3965 resistance.

 

The expected trend for today: Bullish

The EURUSD gathers the positive momentum – Analysis - 11-02-2021

Economies.com
2021-02-11 04:57AM UTC

The EURUSD pair continues to fluctuate around 1.2130 level, noticing that stochastic gets rid of its negative momentum to reach the thresholds of the oversold areas, waiting to motivate the price to resume the expected bullish trend for the upcoming period, which targets testing 1.2171 level initially, reminding you that breaching this level will extend the bullish wave to reach 1.2300.

 

On the other hand, we should note that breaking 1.2064 and holding below it will stop the expected rise and press on the price to achieve more bearish correction that its next target reaches 1.1976.

 

The expected trading range for today is between 1.2065 support and 1.2220 resistance.

 

The expected trend for today: Bullish

AMD tries to shake off negative pressure - Analysis - 10-02-2021

Economies.com
2021-02-10 12:12PM UTC

AMD's stock fell 0.61% in the last session after touching the resistance of the 50-day SMA, while gathering momentum to help it shake off the pressure, amid the dominance of the main upward trend in the medium term, with positive signals from the RSI.

 

Therefore we expect the stock to return higher, targeting the pivotal resistance of 97.95. 

 

Expected trend for today: Bullish 

Amazon tries to garner momentum - Analysis - 10-02-2021

Economies.com
2021-02-10 12:12PM UTC

Amazon's stock fell 0.54% in the last session, with negative signals from the RSI, while gathering momentum to help it rise anew, as it trades alongside the upward medium-term trend line, with positive support from the 50-day SMA.

 

Therefore we expect the stock to return higher, targeting the pivotal resistance of 3,491. 

 

Expected trend for today: Bullish 

Frequently asked questions

What is the price of GBP/USD today?

The price of GBP/USD is $1.3647 (2025-07-04 23:55PM UTC)