The USDJPY pair fluctuates at the bullish channel’s support line that appears on the chart, and the EMA50 meets this support to add more strength to it, waiting to resume the expected bullish wave on the intraday and short-term basis, which its next target located at 151.70.
The continuation of the bullish wave depends on the price stability above 150.15, reminding you that breaking it will put the price under correctional bearish pressure that its first target located at 148.40.
The expected trading range for today is between 149.80 support and 151.30 resistance
The expected trend for today: Bullish
The GBPUSD pair didn’t show any strong move in the previous sessions, with some slight bearish bias to head towards potential test to the key support 1.2650, and as we mentioned in our previous reports, holding above this level keeps the bullish trend scenario active for the upcoming period, affected by the double bottom pattern that appears on the chart, reminding you that our next targets are located at 1.2760 followed by 1.2827.
On the other hand, breaking 1.2650 will stop the expected rise and push the price to turn to decline.
The expected trading range for today is between 1.2600 support and 1.2760 resistance.
The expected trend for today: Bullish
The EURUSD pair shows negative trades to break the intraday bullish channel’s support line and settles below it now, to start activating the bearish trend scenario on the intraday basis, on its way to visit 1.0765 as a first negative target, making the bearish bias suggested for today.
Breaking 1.0820 will ease the mission of achieving the mentioned target, and surpassing this target will extend the bearish wave to reach 1.0645 areas on the near-term basis, while the bearish trend will remain valid unless the price rallied to breach 1.0860 followed by 1.0890 levels and hold above them.
The expected trading range for today is between 1.0750 support and 1.0900 resistance.
The expected trend for today: Bearish
CVS Health Corporation’s stock fell in the intraday levels while gathering positive momentum to rise anew, as it also vented off overbought saturation in the RSI with negative signals out of them, amid the dominance of the upward short-term trend, with the stock thus learning on the support of the 50-day SMA.
Therefore we expect the stock to return higher, targeting the pivotal resistance of 83.25, provided the support of 76.60 holds on.
Expected trend for today: Likely Bullish