Buyers pushing HSBC towards its price target of $37.9; currently at $37.82

• Buoyed by a strong session amid an uptrend, HSBC is 8 cents away from testing key resistance at $37.9
• Upper Bollinger Band® currently at $128.56

Concerning technical analysis and more specifically, trend indicators, around $37.78, HSBC Holdings can look to establish a new bullish phase beyond its 21 day Simple Moving Average. Asset volatility analysis shows that HSBC's upper Bollinger Band® is at $38.69. Support/Resistance levels obtained from chart analysis indicate that HSBC Holdings's recent run now faces a major challenge as concentrated supply is likely found at $37.9 with price action currently 8 cents away.

Overall, while HSBC has been on an uptrend, technical indicators suggest that it has no obvious direction for the immediate future.

Around $46.36, Citigroup can look to establish a new bullish phase beyond its 50 day Simple Moving Average. Despite this, Citigroup's run now faces a challenge at $46.88, which is only 56 cents away from the line. Overcoming it might send the company towards their next major resistance line— this will surely be interesting to follow. Citigroup's upper Bollinger Band® is now at $47.29.

According to technical analysis, it looks as if Citigroup likely to continue pointing upward in the short term.

Around $46.36, Citigroup can look to establish a new bullish phase beyond its 50 day Simple Moving Average. Despite this, Citigroup's run now faces a challenge at $46.88, which is only 56 cents away from the line. Overcoming it might send the company towards their next major resistance line— this will surely be interesting to follow. Citigroup's upper Bollinger Band® is now at $47.29.

According to technical analysis, it looks as if Citigroup likely to continue pointing upward in the short term.

Around $46.36, Citigroup can look to establish a new bullish phase beyond its 50 day Simple Moving Average. Despite this, Citigroup's run now faces a challenge at $46.88, which is only 56 cents away from the line. Overcoming it might send the company towards their next major resistance line— this will surely be interesting to follow. Citigroup's upper Bollinger Band® is now at $47.29.

According to technical analysis, it looks as if Citigroup likely to continue pointing upward in the short term.

Fundamental indicators – data for United States Non Farm Payrolls published yesterday at 12:30 UTC came out at 339,000, beating projections of 180,000 and showing improvement over the preceding figure of 294,000.