Natural gas keeps the negativity – Analysis – 20-2-2019
Natural gas price repeated the negative closings below 2.9500 resistance, confirming the preparation to resume the negative attack in the near term and medium term period, also, stochastic provides negative momentum by settling within the oversold areas to allow us to achieve new targets by reaching 2.255 followed by 1.605 levels.
The expected trading range for today is between 2.800 and 2.255
The expected trend for today: Bearish
EURGBP approaches the support – Analysis – 20-2-2019
The EURGBP pair failed to resume the bullish attack recently, affected by the moving average 55 that formed new resistance by settling at 0.8850, to notice the beginning of forming negative trades and approaching the key support 0.8640.
The positive scenario depends on the strength of the key support, to expect renewing the attempts to gather the positive momentum and form new bullish waves in order to reach 0.8755 followed by pressing on the moving average 55 again.
The expected trading range for today is between 0.8640 and 0.8755
The expected trend for today: Bullish
Litecoin price gathers the positive momentum – Analysis - 20-02-2019
Litecoin price continues to fluctuate around the bullish channel’s resistance, and we still waiting to breach this resistance to confirm extending the bullish wave on the short term basis, as our next target is located at 56.45.
The EMA50 keeps supporting the expected bullish wave for the upcoming period, which its continuation conditions holding above 42.75.
The expected trading range for today is between 44.00 support and 52.00 resistance
The expected trend for today: Bullish
Ripple price tests the resistance – Analysis - 20-02-2019
Ripple price provided new positive attempts to test 0.33 level, but it’s still below it, which keeps our neutrality valid until now, waiting to confirm breaching the mentioned resistance or breaking 0.29 support to detect the next destination clearly.
We remind you that breaching the resistance will push the price to achieve gains that reach 0.41 on the near term basis, while breaking the support will lead the price to resume the main bearish trend that its next target located at 0.24.
The expected trading range for today is between 0.26 support and 0.35 resistance
The expected trend for today: Neutral