The GBPUSD price continues to rally upwards to reach the thresholds of the waited target at 1.2925$, and the way seems open to surpass this level to achieve more positive targets in the upcoming period, noting that confirming the breach will push the price towards 1.3000$ followed by 1.3110$ levels as next positive stations.

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The EURUSD price shows more rise to reach the new waited target at 1.0830$, which represents 61.8% Fibonacci correction level for the decline from 1.1208$ to 1.0220$, which means that breaching it will lead the price to continue the rise and achieve more positive targets in the upcoming period.

Palo Alto Networks’ stock price (PANW) rose in the intraday levels, amid the dominance of the main upward trend in the medium term, as a positive divergence formed in the RSI after reaching oversold levels compared to the stock’s movements, sending out positive signals, but the price is hurt by negative pressure from the 50-day SMA, which could curb upcoming gains.

Therefore we expect the price to rise and target the pivotal resistance of $208.40, provided the support of $178.80 holds on.

Trend forecast for today: Likely Bullish

Baker & Hughes Company’s stock price (BKR) fell in the intraday levels, ending a highly volatile session and breaching the upward secondary trend line in the short term, while trespassing through the support of the 50-day SMA, exposing the stock to negative pressure, but countered with positive signals from the RSI after reaching oversold levels. 

Therefore we expect more losses for the stock, provided the current support of $42.81 was breached, thus targeting the next one at $39.05.

Trend forecast for today:  Bearish