The USDJPY price managed to achieve our first waited target at 151.05, noticing that the price surpassed this level and closed the daily candlestick below it, to confirm opening the way to continue the domination of the bearish trend in the upcoming sessions, waiting to head towards our next target at 149.65.
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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.
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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.
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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