Toast (TOST) stock price rose in its latest intraday trading after successfully easing some of its overbought conditions according to the Stochastic indicator. By leaning on the support of its 50-day SMA, the stock gained the positive momentum necessary to compensate for previous losses. With this performance, the stock confirms its breakout above a major short-term bearish trendline, enhancing the chances of extending these gains in the near future.

Therefore, we expect the stock price to rise during its upcoming trading sessions, as long as the support level at 27.00 remains intact, targeting the key resistance level at 31.00, with a strong possibility of breaking above it.

Today’s price forecast: Bullish

On Holding AG (ONON) stock price saw minor gains in its latest intraday trading, amid the dominance of the main short-term and medium-term bearish trend. Continued negative dynamic pressure from trading below its 50-day SMA limits the chances of a full recovery in the near term. This is further reinforced by negative signals emerging from the Stochastic indicator after reaching extremely overbought levels.

Therefore, our expectations indicate a decline in the stock price during its upcoming trading sessions, as long as the resistance level at 37.90 remains intact, targeting the first support level at 33.15.

Today’s price forecast: Bearish

Broadcom Inc. (AVGO) stock price is experiencing volatile trading in its latest intraday levels, as the stock takes profits from its previous gains while attempting to gain positive momentum to help resume its ascent. Despite this slight decline, the stock remains stable above the key resistance level of 414.60, a strong technical signal confirming the validity of the previous breakout. This occurs amid the dominance of the main short-term and medium-term bullish trend, with continued positive pressure from trading above its 50-day SMA. Furthermore, positive signals continue to emerge from the Stochastic indicator, even as it remains within extremely overbought levels.

Therefore, we expect the stock price to rise during its upcoming trading sessions, especially as long as it remains stable above 414.60, targeting the first resistance level at 449.00.

Today’s price forecast: Bullish

The GBPAUD provided more negative closes below the extra barrier at 1.9075 level, to confirm its readiness to resume the main bearish trend to fluctuate near 1.8890.

To provide sideways trading until gathering extra negative momentum to attack %61.8 Fibonacci extension level at 1.8680 and breaking this barrier might extend the losses in the upcoming period trading towards 1.8500 reaching the next main support at 1.8290.

The expected trading range for today is between 1.8680 and 1.8950

Trend forecast: Bearish