The USDJPY pair declined sharply to surpass our waited target at 144.20 and reach the next correctional level at 141.83 direct, and we expect to face more negative pressure in the upcoming sessions, noting that breaking this level will extend the pair’s losses to reach 139.45 as a next negative station, while consolidating above 141.83 will lead the price to start recover attempts that target testing 144.20 mainly.

The EURUSD pair rallied upwards strongly to move away from 1.0000 level and approach our waited target at 1.0185, and we suggest the continuation of the bullish trend in the upcoming sessions to achieve additional gains that extend to 1.0285, taking into consideration that holding above 1.0000 represents major condition to continue the expected rise.

Tesla's stock (TSLA) skidded in the last session after SEC registrations showed CEO Elon Musk sold nearly $4 billion worth of Tesla stocks to finance his Twitter buyout, sending the stock down 7.17%, or 13.71 points, and settling  at 177.59, with trading volumes surpassing 127 million shares, above 10-day averages of 82.3 million shares.

Technically, the downward trend dominates in the medium and short terms, with negative pressure from the 50-day SMA, coupled with negative signals from the RSI despite reaching oversold levels, piercing the pivotal support of 182.33. 

Therefore we expect more losses for the stock, targeting the support of 141.80, provided it settles below 182.33. 

Expected trend for today: Bearish

Facebook's stock (META) rose in the intraday levels after the CEO announced plans to let go of 13% of the work force, or nearly 11 thousand employees in order to become a smaller and more agile company, with the stock rallying 5.18%, or 5 points in the last session, settling at 101.47, with trading volumes surpassing 107.6 million shares, above 10-day averages of 99 million shares.

Technically, the stock is climbing amid the dominance of the main downward trend in the medium term, with negative pressure from the 50-day SMA, in an attempt to recoup recent losses, while venting off oversold saturation in the RSI.

Therefore we expect the stock to return lower, targeting the support of 72.00, provided the resistance of 122.53 holds on.

Expected trend for today: Bearish