Pfizer gives in to negative pressure - Analysis - 10-09-2019
Pfizer's stock fell after trying to correct the main downward trend in the short term, amid negative pressure from the 50-day SMA, while the RSI reached overbought levels, while a negative divergence forms in the Stochastic indicator.
Therefore we expect more losses for the stock as long as the resistance of 36.81 holds on, targeting the first support at 35.32.
Expected trend for today: Bearish
Amazon surrounded with negative signals - Analysis - 10- 09-2019
Amazon's stock fell after the resistance of 1844.88 held on, amid negative pressure from the 50-day SMA, while hurt by exiting an ascending price channel recently, with negative signals from the RSI after reaching overbought levels.
Therefore we expect more losses for the stock, as long as the resistance of 1844.88 holds on, targeting the support of 1747.20.
Expected trend for today: Bearish
Midday update for the NZDUSD 10-09-2019
The NZDUSD pair keeps fluctuating in sideways track, as long as the price is above 0.6390, so our bullish trend expectations will remain valid for today, supported by stochastic reach to the oversold level, pointing that our main waited target is located at 0.6470.
The expected trading range for today is between 0.6390 support and 0.6490
The expected trend for today: Bullish
Midday update for the AUDUSD 10-09-2019
The AUDUSD pair keeps its stability above 0.6830, keeping the bullish trend scenario active for today, supported by the EMA50, reminding you that our main waited target at 0.6900.
The expected trading range for today is between 0.6830 support and 0.6900
The expected trend for today: Bullish