Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

Bitcoin price continues to rise – Analysis - 25-04-2018

Economies.com
2018-04-25 04:06AM UTC

Bitcoin price continues to provide positive trading to approach gradually from 10000.00$ barrier, organized within the bullish channel that appears in the chart, getting continuous positive support from the EMA50.

 

Therefore, we will keep preferring the bullish in the upcoming sessions conditioned by holding above 8643.35, reminding you that our main waited target at 10748.00.

 

Expected trading range for today is between 9000.00 support and 10300.00 resistance

Expected trend for today: Bullish

USDCHF breaches the resistance – Analysis - 25-04-2018

Economies.com
2018-04-25 04:06AM UTC

The USDCHF pair opens today’s trading with clear positivity to braech 0.9790 level and attempts to settle above it, reinforcing the expectations for the bullish trend continuation on the intraday and short term basis, easing the way towards targeting 0.9900 level as a next main station.

 

Therefore, our bullish trend expectations will remain active, supported by the EMA50, being aware that the trading below 0.9790 might push the price to test 0.9675 levels before any new attempt to rise.

 

Expected trading range for today is between 0.9750 support and 0.9880 resistance.

 

Expected trend for today: Bullish

NZDUSD attacks the support – Analysis - 25-04-2018

Economies.com
2018-04-25 04:06AM UTC

The NZDUSD pair begins pressing on the critical support at 0.7108 to move below it now, which supports the continuation of the bearish trend expectations effecintly in the upcoming period, waiting for visting 0.7030 level as a next target, which represents 61.8% Fibonacci level for the bullish wave that appears in the image.

 

In general, the bearish bias will remain the dominant unless breaching 0.7185 level and holding above it.

 

Expected trading range for today is between 0.7010 support and 0.7185

 

Expected trend for today: Bearish

AUDUSD resumes the decline – Analysis - 25-04-2018

Economies.com
2018-04-25 04:06AM UTC

The AUDUSD pair begins today’s trading negatively to resume its bearish track that tragets visiting the previously recorded bottom at 0.7500 as a next station, keeping the bearish trend scenario active in the upcoming sessions, supported by the negative pressure that forms by the EMA50.

 

We should be aware that braeching 0.7650 will stop the expected decline and leads the price to begin recovery attempts that target 0.7743 levels initially.

 

Expected trading range for today is between 0.7500 support and 0.7650

 

Expected trend for today: Bearish