The GBPUSD price shows negative trades to move below 1.2605$ level again, noticing that the RSI attempts to gain the positive momentum, while the EMA50 provides continuous positive support to the price.

The EURUSD price shows more bearish bias to approach the intraday bullish channel’s support line that appears on the chart, noticing that the EMA50 keeps providing the positive support to the price, while stochastic continues to provide the positive signals on the four hours’ time frame.

Delta Airlines’ stock price (DAL) fell in the intraday levels while trying to gather positive momentum to rise anew, as it leaned on the support of the 50-day SMA, amid the dominance of the main upward trend while the stock trades alongside the secondary short-term trend line, as a positive divergence forms in the RSI after reaching oversold levels compared to the stock’s movements, sending out positive signals. 

Therefore we expect the stock to return higher and target the pivotal resistance of $69.98, provided the support of $60.40 holds on.

Trend forecast for today: Likely Bullish

General Motors Company’s stock price (GM) edged lower in the intraday levels, amid the dominance of the downward correctional trend in the short term, with negative pressure due to trading below the 50-day SMA, as the RSI reached overbought levels compared to the stock’s movements. 

Therefore we expect more losses for the stock, provided it settles below the resistance of $49.86, thus targeting the support of $44.06.

Trend forecast for today: Bearish