United Airlines Holdings’ stock price (UAL) fell in the intraday levels while trading within a descending correctional price channel that limited short-term trading, with negative pressure due to trading below the 50-day SMA, coupled with negative signals from the RSI despite reaching oversold levels.
Therefore we expect more losses for the stock, targeting the pivotal support of $91.78, provided it settles firmly below the resistance of $105.00.
Trend forecast today: Bearish
Boeing’s company’s stock price (BA) fell in the intraday levels while trying to gather positive momentum to rise anew, amid the dominance of the upward correctional trend in the short term, while leaning on the support of the 50-day SMA, as the RSI reached oversold levels compared to the stock’s movements, hinting at positive divergence.
Therefore we expect the stock to return higher, targeting the pivotal resistance of $192.63, provided the support of $173.13 holds on.
Trend forecast today: Likely Bullish
The EURNZD price succeeded to confirm the bullish scenario by settling above 1.8195 support line recently, to notice forming strong bullish rally to achieve many gains by reaching 1.8348.
We expect to form additional support at 1.8340, noting that the continuous positive momentum coming by the major indicators will increase the chances of targeting additional positive stations that we are waiting to target 1.8420$ followed by 1.8485$ levels soon.
The expected trading range for today is between 1.8340 and 1.8420
Trend forecast: Bullish
Natural gas price took advantage of the minor bullish channel’s support line stability at 3.950$ to start forming new bullish waves and achieve some gains by reaching 4.190$, to close the recent gap.
The contradiction between the major indicators might push the price to form some sideways trades until gathering the required positive momentum to record more gains by rallying towards 4.300$ first, followed by repeating the pressure on 4.500$ high.
The expected trading range for today is between 4.050$ and 4.300$
Trend forecast: Bullish