Comcast's stock tumbled 4.70% in the last session amid the dominance of the downward short-term correctional wave, while hurt by piercing the main upward trend line recently, with negative pressure from the 50-day SMA, coupled with negative signals from the RSI after reaching overbought levels.
Therefore we expect more losses for the stock, targeting the first support at 52.40, provided the support of 55.00 was breached.
Expected trend for today: Bearish
Pfizer's stock (PFE) returned lower with a 0.68% loss in the last session while hurt by piercing the main upward trend line recently, with negative pressure from the 50-day SMA, while carrying on the downward short-term correctional path.
Therefore we expect more losses for the stock, targeting the first support at 40.00, provided it holds below 43.00.
Expected trend for today: Bearish
Baidu's stock rose 3.54% in the last session, managing to shake off negative pressure from the 50-day SMA, with positive signals from the RSI while hurt by piercing the downward trend line recently.
Therefore we expect more gains for the stock, targeting the pivotal resistance of 176.00, provided it holds above 152.00.
Expected trend for today: Bullish
The AUDUSD pair managed to breach 0.7325 level and attempts to build support base above it, which supports the continuation of our bullish overview for the rest of the day, and the way is open to visit 0.7360 level as a next target, reminding you that it is important to hold above 0.7290 to continue the expected rise.
The expected trading range for today is between 0.7280 support and 0.7370 resistance
The expected trend for today: Bullish