Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

AT&T hits two-year peak - Analysis - 08-11-2019

Economies.com
2019-11-08 14:02PM UTC

AT&T's stock kept rising in the short term with a 0.43% profit, parking at 39.42, amid the dominance of the main upward trend in the medium and short terms, with support from the 50-day SMA, coupled with positive signals from the RSI. 

 

Therefore we expect more gains for the stock, targeting the resistance of 40.10. 

 

Expected trend for today: Bullish 

ExxonMobil returns higher - Analysis - 08-11-2019

Economies.com
2019-11-08 14:01PM UTC

ExxonMobil's stock returned higher in the intraday levels, marking a 2.13% profit and exiting a descending price channel that guided recent trading, while the RSI reached overbought levels. 

 

Therefore we expect more gains for the stock, targeting the resistance of 75.00. 

 

Expected trend for today: Bullish 

Midday update for bitcoin 08-11-2019

Economies.com
2019-11-08 10:40AM UTC

Bitcoin price traded with clear negativity to approach our first waited target at 8880.00, which supports the continuation of our expected bearish trend on the intraday and short term basis, reminding you that surpassing the mentioned level will push the price towards 8510.00 as a next station, while holding below 9255.00 represents key condition to continue the expected decline.

 

The expected trading range for today is between 8800.00 support and 9400.00 resistance

The expected trend for today: Bearish

Midday update for the NZDUSD 08-11-2019

Economies.com
2019-11-08 10:39AM UTC

The NZDUSD pair begins pressing on 0.6340 level, waiting to confirm breaking this level to open the way to continue the bearish wave that we expect to reach 0.6285 followed by 0.6205 levels mainly.

 

Therefore, the bearish trend will remain dominant conditioned by the price stability below 0.6426.

 

The expected trading range for today is between 0.6285 support and 0.6400

 

The expected trend for today: Bearish