The USDJPY price declined strongly yesterday to succeed achieving our second waited target at 149.65, noticing that the price begins today with clear bullish bias to approach testing the key resistance line formed at 151.05 after breaking it previously, affected by the RSI positivity, noting that the EMA50 continues to press negatively on the price.

The GBPUSD price ended yesterday above 1.2605$ level, to support the expected positive scenario for the upcoming period, which gets continuous support by the EMA50, organized inside the bullish channel that appears on the chart.

The EURUSD price breached 1.0455$ level clearly and ended yesterday above it, to reinforce the expectations of continuing the bullish correction in the upcoming sessions, which moves inside the bullish channel that appears on the chart, waiting to visit 1.0600$ as a next main station.

Oracle Corporation’s stock price (ORCL) rose in the intraday levels, amid the dominance of the main upward trend in the medium term, with the stock trading alongside the secondary short-term trend line, with positive signals from the RSI despite reaching overbought levels, coupled with positive pressure due to trading above the 50-day SMA. 

Therefore we expect more gains for the stock, provided it settles firmly above $170.70, targeting the pivotal resistance of $198.30.

Trend forecast for today: Bullish