The USDJPY pair rallied upwards to succeed achieving our first waited target at 123.40, reinforcing the expectations of continuing the main bullish trend, waiting for more positive trading to visit 125.00 as a next target.
The EMA50 continues to support the suggested bullish wave, reminding you that it is important to hold above 122.62 to continue the expected rise.
The expected trading range for today is between 123.10 support and 124.20 resistance
The expected trend for today: Bullish
The GBPUSD pair bounced downwards strongly after testing 1.3145 in the previous sessions, to support the continuation of the expected bearish trend for the upcoming period, and the way is open to head towards our waited target at 1.3000.
The EMA50 forms negative pressure that supports the expectations to decline, reminding you that it is important to hold below 1.3145 to achieve the waited targets.
The expected trading range for today is between 1.2990 support and 1.3145 resistance.
The expected trend for today: Bearish
The EURUSD pair resumed its negative trading strongly to touch our waited target at 1.0900 and settles there, and we expect the continuation of the negative pressure to surpass this level and open the way to extend the bearish wave towards 1.0775.
Therefore, the bearish trend will remain active for the upcoming period supported by the EMA50, noting that the continuation of the bearish wave requires holding below 1.1020.
The expected trading range for today is between 1.0830 support and 1.0970 resistance.
The expected trend for today: Bearish
Intel's stock (INTC) rallied 2.27% in the last session after leaning on the support of the 50-day SMA, settling at 49.20, while trading alongside the main downward trend line in the medium term, with negative signals from the RSI after reaching overbought levels.
Therefore we expect the stock to return lower, targeting the first support at 46.15, provided it settles below 48.70.
Expected trend for today: Bearish