GOptions Daily Analysis
#Apple will release today a new #IPhone and a new IPad at 17:00 gmt.
The event will be broadcasted live through Apple’s website and #tradersshould look for a #stock reaction after publication.
This is the first time apple returns to an older product as the company is expecting fresh demand for 4 inch phones, that are cheaper and have the same technology as the iPhone 6.
The phone will be called SE and investors are expecting a new IPad air 3 as well.
The #stock is on a strong uptrend since February 24th and closed last week at $105.9 a share.
Next short term resistance of $106.5 could be broken today and that could escalate upside momentum.
Next big Dollar mover will be the Final #GDP publication from the U.S on Friday.
U.S growth has been disappointing and that explains the last sell off on the dollar. A good report on Friday could push the #Fed into additional rate hikes.