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General Electric sharpens decline - Analysis - 09-10-2019

Economies.com
2019-10-09 15:18PM UTC

General Electric's stock fell amid pressure from the 50-day SMA, while trading alongside the main downward trend, with negative signals from the RSI. 

 

Therefore we expect more losses, targeting the support of 7.72. 

 

Expected trend for today: Bearish 

Intel rises in intraday trading - Analysis - 09-10-2019

Economies.com
2019-10-09 15:18PM UTC

Intel's stock returned higher amid positive signals from the RSI and support from the upward medium-term trend, with support from the 50-day SMA. 

 

Therefore we expect the stock rise as long as the support of 48.90 holds on, targeting the resistance of 53.32. 

 

Expected trend for today: Bullish 

Midday update for the NZDUSD 09-10-2019

Economies.com
2019-10-09 10:03AM UTC

The NZDUSD pair begins by testing the critical resistance at 0.6325, waiting for breaching this level to confirm the continuation of the bullish biad in the upcoming sessions, targeting 0.6355 then 0.6450 levels after breaching the previous level, reminding you that the continuation of the bullish wave depends on the stability above 0.6260.

 

The expected trading range for today is between 0.6260 support and 0.6400

 

The expected trend for today: Bullish

 

Midday update for the AUDUSD 09-10-2019

Economies.com
2019-10-09 10:03AM UTC

The tight range keeps controlling the AUDUSD pair trading, keeping its stability within the bearish channel, therefore, there is no change on the bearish trend scenario that depends on the stability below 0.6840, while our next target is located at 0.6595.

 

The expected trading range for today is between 0.6680 support and 0.6780

 

The expected trend for today: Bearish