Chevron Corporation's stock (CVX) fell in the intraday levels, amid negative signals from the RSI while gathering positive momentum to rise anew, amid the dominance of the upward medium-term trend, with positive support from the 50-day SMA.
Therefore we expect the stock to return higher, targeting the resistance of 172.47, provided it settles above the support of 162.30.
Expected trend for today: Likely Bullish
ETSY's stock fell in the intraday levels, confirming the breach of the pivotal support of 67.00, amid the dominance of the main upward trend in the short term, with negative pressure from the 50-day SMA, countered with positive signals from the RSI after reaching oversold levels, hindering recent losses.
Therefore we expect the stock to decline and target the support of 47.81, provided it settles below 67.00 firmly.
Expected trend for today: Bearish
Dollar General Corporation's stock (DG) fell in the intraday levels, amid the dominance of the main downward trend in the short term, with negative pressure from the 50-day SMA, countered with positive signals from the RSI after reaching oversold levels, indicating the strength of the downward trend.
Therefore we expect more losses for the stock, targeting the support of 98.00, provided the resistance of 125.00 holds on.
Expected trend for today: Bearish
The NZDUSD pair breached 0.5940 level clearly to activate the positive scenario in the upcoming sessions, on its way to visit 0.6020 as a next main target, making the bullish bias expected for the rest of the day conditioned by the price stability above 0.5900.
The expected trading range for today is between 0.5870 support and 0.5990 resistance
The expected trend for today: Bullish for the rest of the day