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End of day analysis for Gold 18-10-2017
Gold price attempted to break 1281.17 level but it returns to move above it again, which keeps our bullish overview active in the upcoming sessions, waiting to test 1299.20 followed by 1305.00 levels initially, reminding you that breaching these levels will provide positive motive that pushes the price towards more rise on the short term basis.
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End of day analysis for EURUSD 18-10-2017
The EURUSD pair ends today's trading with calm positivity to test the EMA50, noticing that stochastic loses its positive momentum to reach the overbought areas, and as long as the price is below 1.1850, the bearish trend scenario will remain active for the upcoming period, reminding you that the main waited target is located at 1.1679.
MoreAlibaba leans on ascending price channel's support - Analysis - 18-10-2017
Chinese Alibaba's stock (BABA) fell in the intraday levels, recording a loss of 2.36% in the last session, or 4.24 points, and leaning on the support of that ascending price channel that limited recent short-term movement, with positive support from the 50-day SMA, as the stock attempts to garner momentum to help it rise anew.
MoreeBay leans on current support - Analysis - 18-10-2017
eBay's stock (EBAY) kept falling in the intraday levels, recording a new loss of 0.74% in the last session, or 0.28 points, and leaning on the important support of 37.49, amid the dominance of the main upward trend in the medium and short terms, with positive support from the 50-period SMA in the intraday levels, as relative power indicators reached extremely oversold levels compared to the stock's downward movement.
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