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Facebook returns higher - Analysis - 19-01-2018
Facebook's stock (FB) returned higher in the intraday levels, scoring a profit of 1.24% in the last session, or 2.20 points, after leaning on the support of the main upward short-term trend line as shown in the attached chart, while the RSI reached extremely oversold levels compared to the stock's upward movement.
Therefore we expect more gains for the stock, targeting the resistance of 193.80, as long as the support of 175.49 holds on.
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PayPal muscles up - Analysis - 19-01-2018
PayPal Holdings' stock (PYPL) kept rising in the intraday levels, scoring a fresh profit of 0.57% in the last session, or 0.47 points, amid the dominance of the main upward short-term trend, with positive support from the 50-day SMA, countered with the Relative Strength Index reaching overbought levels.
MoreMicrosoft amid positive outlook - Analysis - 19-01-2018
Microsoft's stock (MSFT) inched down in the intraday levels, registering a loss of 0.04% in the last session, or 0.04 points, as the stock tries to gather momentum to help it rise anew while venting off overbought saturation in the RSI, amid positive pressure from the 50-day SMA, with the dominance of the main upward trend in the medium and short terms.
MoreMidday update for EURUSD 19-01-2018
The EURUSD pair confirmed breaching the bullish flag's resistance after closing the last four hours' candlestick above it, which supports the continuation of our bullish overview for the rest of the day, as it gets positive motive that we are waiting to assist to push the price towards our first target at 1.2340.
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