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Tesla price gathers positive momentum - Forecast today - 27-08-2024

Economies.com
2024-08-27 10:55AM UTC

Tesla’s stock price (TSLA) fell in the intraday levels, amid the dominance of the upward correctional trend in the short term, while leaning on the support of the 50-day SMA, as the stock gathers positive momentum to rise anew, while venting off overbought saturation in the RSI with negative signals coming out of them.

 

Therefore we expect the stock to return higher, targeting the first resistance at $234.70, provided the support of $205.60 holds on.

 

Trend forecast: Likely Bullish 

 

Nvidia price tries to vent off overbought saturation - Forecast today - 27-08-2024

Economies.com
2024-08-27 10:56AM UTC

Nvidia’s stock price (NVDA) fell in the intraday levels, while gathering momentum to rise anew, as it also vented off overbought saturation in the RSI, with negative signals coming out of them, amid the dominance of the main upward trend in the medium term, with positive support from the 50-day SMA. 

 

Therefore we expect the stock to return higher, targeting the pivotal resistance of $140.75, provided the support of $117.00 holds on.

 

Trend forecast: Likely Bullish 

The NZDUSD price forecast update 27-08-2024

Economies.com
2024-08-28 03:34AM UTC

The NZDUSD price is testing 0.6228$ and still below it, to keep the bearish trend scenario active for today unless breaching this level and holding above it, reminding you that we are waiting to visit 0.6300$ as a main negative target.

 

The expected trading range for today is between 0.6160$ support and 0.6265$ resistance

 

Trend forecast: Bearish

The AUDUSD price forecast update 27-08-2024

Economies.com
2024-08-27 10:48AM UTC

The AUDUSD price achieved initial breach to the bullish flag’s resistance line and attempts to hold above it, reinforcing the expectations of continuing the bullish trend for the rest of the day, reminding you that our main waited target is located at 0.6870$, while achieving it requires holding above 0.6728$.

 

The expected trading range for today is between 0.6740$ support and 0.6840$ resistance

 

Trend forecast: Bullish