Today’s instrument is that of Honeywell International Inc., a software-industrial company that provides technology solutions, which is traded in Nasdaq exchange under the ticker HON.

Looking at the HON’s chart, we can see that it was lastly traded at around $208.60. In the next days, its quarterly earnings are expected and if the market’s anticipation is positive on the potential results, then we could see HON’s price climbing towards its 52W high price at $220.96, otherwise we should see it dropping towards its support level at around $196. 

Chart

Share: Feed news

Trading is risky. Information presented herein is not to be construed as a solicitation or an offer to buy or sell any Financial Instrument or to participate in any trading strategy. We also offer CFD products. 72.13% of retail CFD accounts lose money. CFDs trading is risky and your entire capital might be at risk. Information presented herein is not to be construed as a solicitation or an offer to buy or sell any Financial Instrument or to participate in any trading strategy.

Recommended content


Recommended content

Editors’ Picks

AUD/USD recovers above 0.6250 amid China's stimulus-led optimism

AUD/USD recovers above 0.6250 amid China's stimulus-led optimism

AUD/USD is recovering ground above 0.6250 early Monday, moving away from multi-month lows of 0.6199 set last week. The pair finds support from renewed optimism linked to reports surrounding more Chinese stimulus even as the US Dollar rebounds at the start of the Christmas week. 

AUD/USD News
USD/JPY: Buyers stay directed toward 157.00

USD/JPY: Buyers stay directed toward 157.00

USD/JPY holds firm above mid-156.00s at the start of a new week on Monday. Doubts over when the BoJ could hike rates again and a positive risk tone undermine the safe-haven Japanese Yen while the US Dollar regains its footing after Friday's profit-taking slide. 

USD/JPY News
Gold downside bias remains intact while below $2,645

Gold downside bias remains intact while below $2,645

Gold price is looking to extend its recovery from monthly lows into a third day on Monday as buyers hold their grip above the $2,600 mark. However, the further upside appears elusive amid a broad US Dollar bounce and a pause in the decline of US Treasury bond yields.  

Gold News
The US Dollar ends the year on a strong note

The US Dollar ends the year on a strong note

The US Dollar ends the year on a strong note, hitting two-year highs at 108.45. The Fed expects a 50-point rate cut for the full year 2025 versus 4 cuts one quarter earlier, citing higher inflation forecasts and a stubbornly strong labour market. 

Read more
Bank of England stays on hold, but a dovish front is building

Bank of England stays on hold, but a dovish front is building

Bank of England rates were maintained at 4.75% today, in line with expectations. However, the 6-3 vote split sent a moderately dovish signal to markets, prompting some dovish repricing and a weaker pound. We remain more dovish than market pricing for 2025.

Read more
Best Forex Brokers with Low Spreads

Best Forex Brokers with Low Spreads

VERIFIED Low spreads are crucial for reducing trading costs. Explore top Forex brokers offering competitive spreads and high leverage. Compare options for EUR/USD, GBP/USD, USD/JPY, and Gold.

Read More

Forex MAJORS

Cryptocurrencies

Signatures