Buyers pushing HSBC Holdings towards its price target of $39.32; currently at $39.18

• HSBC's recent run now faces a challenge at $39.32
• Upper Bollinger Band® currently at $7.49

$2.27 marks the crossover point where Lloyds Banking Group plc price action falls below its 3 day Simple Moving Average. Lloyds Banking Group has formed a "bearish harami” pattern. Lloyds Banking Group's upper Bollinger Band® is at $2.32 which indicates a further downward move may follow. In contrast, Lloyds Banking Group could begin to recover as it approaches significant support, now 1 cents away from $2.26. Dipping below could be an indication that further losses are ahead.

Several technical indicators are adding weight to the bearish momentum seen Friday and forecasting Lloyds Banking Group to extend its recent losses.

Chart analysis suggests HSBC's run now faces a challenge at $39.32, which is only 14 cents away from the line. Overcoming it might send the company towards their next major resistance line— this will surely be interesting to follow. Concerning technical analysis and more specifically, trend indicators, HSBC's CCI indicator is above +100. Analysis based on the asset volatility indicates that Bollinger Band® analysis indicates that current price action is approaching the upper band at $39.4, thereby suggesting that HSBC Holdings is becoming overvalued.

For the time being, HSBC Holdings remains flat without a clear direction.

AIG's upper Bollinger Band® is now at $58.11. AIG's recent run now faces a major challenge as concentrated supply is likely found at $57.73 with price action currently 43 cents away.

Despite basking in an uptrend and bullish intraday sentiment, chart analysis indicates AIG is set for a reversal in the coming days.

Banco Bilbao Vizcaya Argentaria chart analysis: Banco Bilbao Vizcaya Argentaria's recent run now faces a major challenge as concentrated supply is likely found at $7.5 with price action currently 5 cents away. With regards to technical trend indicators, chart analysis show that Banco Bilbao Vizcaya Argentaria's CCI indicator has broken above +100, indicating that prices are unusually high compared to the rolling average. Asset volatility analysis shows that Banco Bilbao Vizcaya Argentaria's upper Bollinger Band® is at $7.49.

Notwithstanding Banco Bilbao Vizcaya Argentaria's appreciation in recent days, the technical outlook suggests its bullish run is now fading.