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Nvidia surrounded with positive pressures - Analysis - 06-04-2021

Economies.com
2021-04-06 12:06PM UTC

Nvidia's stock kept rising in the intraday levels with a 1.27% profit in the last session, buoyed by trading above the 50-day SMA, amid the dominance of the main upward trend in the medium term, with positive signals from the RSI.

 

Therefore we expect more gains for the stock, targeting the pivotal resistance of 288.00.

 

Expected trend for today: Bullish 

PayPal strives to shake off negative pressure - Analysis - 06-04-2021

Economies.com
2021-04-06 12:05PM UTC

PayPal Holdings' stock (PYPL) rose 1.41% in the last session while trading alongside the main upward trend line in the medium term, with positive signals from the RSI, as the stock tries to shake off negative pressure from the 50-day SMA.

 

Therefore we expect more gains for the stock, targeting the resistance of 277.00, provided the resistance of 254.35 was breached. 

 

Expected trend for today: Bullish 

Midday update for Wheat price 06-04-2021

Economies.com
2021-04-06 09:09AM UTC

Wheat price shows negative trades now to move below 614.60, to support the continuation of the expected bearish trend scenario efficiently for the rest of the day, paving the way to head towards 596.30 that represents our next main station, reminding you that the continuation of the bearish wave depends on the price stability below 629.40.

 

The expected trading range for today is between 595.00 support and 625.00 resistance.

The expected trend for today: Bearish

Midday update for Corn price 06-04-2021

Economies.com
2021-04-06 09:09AM UTC

Corn price keeps its stability above 542.00, to keep the expected bullish trend scenario active for today, supported by stochastic positivity, besides the EMA50 that protects the mentioned support, reminding you that our next main target is located at 570.40.

 

The expected trading range for today is between 538.00 support and 555.00 resistance.

The expected trend for today: Bullish