Source: PaxForex Premium Analytics Portal, Technical Insight

Apple has responded to a claim by Epic Games Apple to remove the Fortnite game from the Google Play App Store and App Store. That's what made Epic Games sue the app giant. The reason for the removal was a new feature in the game that allows users to perform microtransactions inside the game, bypassing the app store.

And so Apple responded to the game's developer's application:

We want Epic Games to remain a part of the Apple Developer Program and its application to be hosted in the store. The problem that Epic has created for itself can easily be solved if they release an update to their application that will make it conform to the rules that apply to all developers. 

Apple, H4

Pivot: 462.68

Analysis:

Provided that the asset is traded above 456.40, follow the recommendations below:

• Time frame: H4
• Recommendation: long position
• Entry point: 462.68
• Take Profit 1:  471.40
• Take Profit 2: 475.60

Alternative scenario: 

In case of breakdown of the level 456.40, follow the recommendations below:

• Time frame: H4
• Recommendation: short position
• Entry point: 456.40
• Take Profit 1: 449.20
• Take Profit 2: 445.00

Comment:

RSI shows an uptrend during the day.

Key levels:

Apple, D1

Pivot: 461.09

Analysis:

While the asset is traded above 425.00, follow the recommendations below:

• Time frame: D1
• Recommendation: long position
• Entry point: 461.09
• Take Profit 1: 481.00
• Take Profit 2: 501.00

Alternative scenario:

If the level 425.00 is broken-down, follow the recommendations below.

• Time frame: D1
• Recommendation: short position
• Entry point: 425.00
• Take Profit 1: 402.00
• Take Profit 2: 385.00

Comment:

RSI shows an uptrend. 

Key levels:

We also advise you to pay attention to Disney for intraday trading:

Pivot: 128.92

Analysis:

While the asset is traded above 123.20, follow the recommendations below:

• Time frame: H4
• Recommendation: long position
• Entry point: 128.92
• Take Profit 1: 137.50
• Take Profit 2: 141.40

Alternative scenario:

If the level 123.20 is broken-down, follow the recommendations below.

• Time frame: H4
• Recommendation: short position
• Entry point: 123.20
• Take Profit 1: 116.70
• Take Profit 2: 112.70