General Motors Company's stock (GM) rose in the intraday levels amid the dominance of the upward correctional wave in the short term, while buoyed by piercing the downward secondary trend line previously in the short term, with negative signals from the RSI after reaching overbought levels, hindering upcoming gains.
Therefore we expect more gains for the stock, targeting the resistance of 34.60, provided the support of 31.42 holds on.
Expected trend for today: Bullish
Visa's stock (V) rose in the intraday levels amid the dominance of the main upward trend in the medium term, with positive support from the 50-day SMA, coupled with positive signals from the RSI after reaching oversold levels, hinting at positive divergence.
Therefore we expect more gains for the stock, targeting the first resistance at 263.70, provided it settles above 251.95.
Expected trend for today: Bullish
The NZDUSD pair keeps its stability above 0.6140 level, to continue suggesting the bullish trend for today, supported by stochastic gain to the positive momentum clearly, waiting to head towards 0.6200 followed by 0.6290 levels as next main stations.
The expected trading range for today is between 0.6120 support and 0.6225 resistance
The expected trend for today: Bullish
The AUDUSD pair settles around 0.6610 since morning, waiting to get positive motive that assist to push the price to achieve our main waited target at 0.6660, to keep the bullish trend scenario valid for today, reminding you that the continuation of the bullish wave requires holding above 0.6545.
The expected trading range for today is between 0.6570 support and 0.6670 resistance
The expected trend for today: Bullish