Disney's stock (DIS) fell 0.10% in the last session with negative pressure from the 50-day SMA, coupled with negative signals from the RSI, amid the dominance of the downward correctional trend in the medium term, settling at 172.96.
Therefore we expect more losses for the stock, targeting the pivotal support of 167.00, provided it settles below 175.70.
Expected trend for today: Bearish
City Group's stock (C) fell 0.54% in the last session, amid negative signals from the RSI, amid the dominance of the downward correctional short-term wave, while trespassing the support of the 50-day SMA, doubling negative pressures.
Therefore we expect more losses for the stock, targeting the pivotal support of 64.55, provided the support of 69.35 was breached.
Expected trend for today: Bearish
Caterpillar's stock (CAT) fell 0.52% in the last session, settling at 188.94, with negative signals from the RSI, coupled with negative pressure from the 50-day SMA, while trading within a descending correctional channel that guided recent short-term trading.
Therefore we expect more losses for the stock, targeting the support of 175.00, provided the support of 187.00 was breached,
Expected trend for today: Bearish
The NZDUSD pair breached 0.6990 level strongly to reach 0.7030 level now, which supports the continuation of the expected bullish trend scenario for today, which its next target reaches 0.7080, noting that holding above 0.6990 is important to continue the expected rise.
The expected trading range for today is between 0.6945 support and 0.7050 resistance
The expected trend for today: Bullish