|
Electronic Arts returns higher - Analysis - 24-01-2024
Electronic Arts' stock (EA) returned higher in the intraday levels, amid the dominance of the main upward trend in the medium term, with positive pressure from the 50-day SMA, coupled with positive signals from the RSI despite settling at overbought levels.
Therefore we expect the stock to return higher and target the pivotal resistance of 143.47, provided the support of 135.00 holds on.
Expected trend for today: Bullish
Thanks for your feedback.
Midday update for the NZDUSD 24-01-2024
The NZDUSD pair managed to achieve our waited target at 0.6140 and finds solid resistance there, and we suggest the continuation of the bullish bias to surpass this level and open the way to achieve additional gains that reach 0.6228, to keep the bullish trend scenario valid and active for the upcoming period, noting that failing to breach 0.6140 will push the price to rebound bearishly and head to test 0.6070 areas mainly.
MoreMidday update for the AUDUSD 24-01-2024
The AUDUSD pair trades with clear positivity to move away from 0.6570 level and hints heading to reactivate the intraday bullish track, on its way to test 0.6640 as a next main station.
MoreMidday update for Brent oil 24-01-2024
Brent oil price didn’t show any strong move since morning, and keeps fluctuating around 79.50, which keeps the positive scenario valid as it is without any change for today, supported by the EMA50, which targets 81.00 level initially, reminding you that the continuation of the bullish wave depends on the price stability above 77.44.
More