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Ford stays flat - Analysis - 04-10-2021
Ford's stock (F) closed unchanged amid attempts to gather momentum, with support from the 50-day SMA, and amid the dominance of the main upward trend in the medium term, with negative signals from the RSI after reaching overbought levels amid attempts to vent off that saturation.
Therefore we expect more gains for the stock, targeting the pivotal resistance of 16.40, provided the resistance of 14.79 was breached.
Expected trend for today: Bullish
Disney tries to vent off oversold saturation - Analysis - 04-10-2021
Disney's stock (DIS) rose 4.04% in the last session amid attempts to vent off oversold saturation in the RSI amid positive signals out of it, with the dominance of the downward correctional short-term trend, coupled with negative pressure from the 50-day SMA.
MoreMidday update for Wheat price 04-10-2021
Wheat price resumes its positive trades to reach 760.00 barrier, waiting for more rise to head towards our next main target at 782.20, to keep the bullish trend scenario valid and active for the rest of the day, supported by the EMA50, reminding you that the continuation of the bullish wave requires holding above 741.90.
MoreMidday update for the NZDUSD 04-10-2021
The NZDUSD pair shows additional positive trades to head towards potential test to the key resistance 0.6990, and as long as the price is below this level, our bearish overview will remain valid, supported by the negative pressure formed by the EMA50, noting that our first main target is located at 0.6890.
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