General Motors’ stock (GM) rose slightly in the intraday levels, after an earlier drop amid negative signals from the RSI, while gathering positive momentum to rise anew, amid the dominance of the upward correctional short-term trend, with positive pressure from the 50-day SMA.
Therefore we expect more gains for the stock, targeting the pivotal resistance of 41.00, provided the support of 36.80 holds on.
Expected trend for today: Bullish
BlackRock’s stock (BLK) advanced in the intraday levels, amid the dominance of the main upward trend in the short term, with positive support from the 50-day SMA, coupled with positive signals from the RSI after managing to vent off overbought saturation there.
Therefore we expect more gains for the stock, targeting the pivotal resistance of 819.00, provided the support of 768.35 holds on.
Expected trend for today: Bullish
The NZDUSD pair shows more bullish bias to reach 0.6200 level, waiting for more rise to test 0.6228 level that represents our next positive station, to keep our bullish overview for today, reminding you that is important to hold above 0.6140 to continue the suggested positive scenario.
The expected trading range for today is between 0.6150 support and 0.6250 resistance
The expected trend for today: Bullish
The AUDUSD pair is facing solid resistance at 0.6570, to show some slight bearish bias, waiting to gather enough positive momentum to push the price to breach this level and open the way to visit 0.6640 as a next target.
Therefore, we will keep our bullish overview, noting that failing to breach 0.6570 might force the price to decline and test 0.6500 before any new attempt to rise.
The expected trading range for today is between 0.6530 support and 0.6630 resistance
The expected trend for today: Bullish