Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

Gilead returns higher - Analysis - 24-09-2021

Economies.com
2021-09-24 12:32PM UTC

Gilead's stock (GILD) returned higher with a 0.43% in the last session, settling at 71.69, amid positive support from the 50-day SMA, with the dominance of the upward correctional short-term wave, with positive signals from the RSI.

 

Therefore we expect more gains for the stock, targeting the important resistance of 73.25, provided the support of 70.00 holds on.

 

Expected trend for today: Bullish 

Midday update for Wheat price 24-09-2021

Economies.com
2021-09-24 10:32AM UTC

Wheat price faces negative pressure to move below 717.00, which urges caution from the upcoming trading, as breaking this level will stop the morning suggested positive scenario and press on the price to return to the correctional bearish track again, while the price needs to consolidate above the mentioned level to resume the bullish trend that its next target located at 741.90.

 

The expected trading range for today is between 710.00 support and 735.00 resistance.

The expected trend for today: Bullish

Midday update for the NZDUSD 24-09-2021

Economies.com
2021-09-24 10:32AM UTC

The NZDUSD pair trades negatively to start testing 0.7030 level, reinforcing the expectations of continuing the domination of the bearish correction, reminding you that we are waiting to visit 0.6945 mainly, noting that holding below 0.7084 is important to continue the expected bearish wave.

 

The expected trading range for today is between 0.7000 support and 0.7100 resistance

 

The expected trend for today: Bearish

Midday update for the AUDUSD 24-09-2021

Economies.com
2021-09-24 10:32AM UTC

The AUDUSD pair resumes its negative trading clearly to support the continuation of the expected bearish trend for today, supported by stochastic negativity, waiting to attack 0.7225 to break it and rally towards 0.7100 that represents our next main target, reminding you that it is important to hold below 0.7375 to continue the expected decline.

 

The expected trading range for today is between 0.7225 support and 0.7350 resistance

 

The expected trend for today: Overall bearish