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Bitcoin faces solid resistance – Analysis - 13-02-2018

Economies.com
2018-02-13 05:01AM UTC

Bitcoin price returns to fluctuate below 8643.35 level after the calm rise that it witnessed yesterday, as it found key solid resistance that declines now to 8960.00, accompanied by witnessing clear negative signals through stochastic.

 

Therefore, these factors encourage us to continue suggesting the bearish trend in the upcoming sessions, and the price needs to break 8255.00 to confirm the continuation of the bearish wave towards our next main target at 6036.30, noting that breaching 8960.00 will push the price to achieve gains that start at 10748.00 mainly.

 

Expected trading range for today is between 6500.00 support and 9300.00 resistance

Expected trend for today: Bearish

USDCHF within tight track – Analysis - 13-02-2018

Economies.com
2018-02-13 05:01AM UTC

The tight range dominated the USDCHF pair’s trades yesterday, to continue fluctuating around the EMA50, keeping its stability below the key resistance 0.9424, thus, no change to the bearish trend scenario that depends on holding below the mentioned level, reminding you that our main waited target is located at 0.9254.

 

Expected trading range for today is between 0.9300 support and 0.9424 resistance.

 

Expected trend for today: Bearish

NZDUSD gets a positive motive – Analysis - 13-02-2018

Economies.com
2018-02-13 05:00AM UTC

The NZDUSD pair begins today’s trading with bullish bias on its way to test 0.7281 again, motivated by stochastic current positivity, while the EMA50 meets the mentioned level to add more strength to this resistance.

 

Therefore, we prefer to continue neutral until the price confirms its next destination clearly, noting that breaching the mentioned resistance will push the price to target the previously recorded top at 0.7436 as a next main station, while breaking 0.7185 represents the key to extend the correctional bearish wave to target 0.7107 followed by 0.7030 levels as next main stations.

 

Expected trading range for today is between 0.7185 support and 0.7370

 

Expected trend for today: Depends on the above mentioned levels

AUDUSD resumes rising – Analysis - 13-02-2018

Economies.com
2018-02-13 05:00AM UTC

The AUDUSD pair trades with clear positivity since yesterday to move away from the key support 0.7820, which supports the continuation of our bullish overview in the upcoming period, and the way is open to visit our first target at 0.7936.

 

The price needs to surpass the EMA50 that forms intraday resistance now at 0.7880 to ease the mission of continuing the expected bullish trend, reminding you that holding above 0.7820 is important to continue the suggested bullish wave, which its targets extend to reach 0.8000 after surpassing the first target.

 

Expected trading range for today is between 0.7800 support and 0.7950

 

Expected trend for today: Bullish