Natural Gas price keeps the negativity – Analysis – 28-2-2019
Despite Natural gas price forming some positive rebound recently, its stability below 2.940 resistance confirms the continuation of the negativity for the near term and medium term period, expecting to gather new negative momentum by providing additional pressure on 2.550 level, which breaking it will confirm the preparation to record new negative targets by reaching 2.550 followed by 2.600 levels.
The expected trading range for today is between 2.940 and 2.550
The expected trend for today: Bearish
Germany: Adidas continues to rise – Analysis – 28-2-2019
Adidas shares price succeeded to surpass 204.50 barrier to form the double bottom pattern and reinforce the domination of the bullish bias by recording 214.43 level, also, the price consolidation within the bullish channel allows us to suggest more positive trades to target 217.90 followed by reaching the bullish channel’s resistance at 224.60.
We notice stochastic renewal to the positive fluctuation above 50 level, to increase the chances of gaining additional positive momentum to ease the mission of achieving the suggested additional targets.
The expected trading range for today is between 208.20 and 217.90
The expected trend for today: Bullish
The CADJPY holds above the initial support – Analysis – 28-2-2019
The CADJPY pair confirmed its preparation to form new positive trades by providing new positive stability above the initial support at 83.55, also, stochastic reach to the overbought areas assists to provide new positive momentum to increase the chances of rallying towards the moving average 55 on the near term period, which forms the first target at 85.25, while surpassing it will extend trades towards the key resistance at 87.00.
The expected trading range for today is between 83.40 and 85.25
The expected trend for today: Bullish
DashCoin price attempts to break – Analysis - 28-02-2019
DashCoin price traded negatively in the previous sessions to break 79.65 level and attempts to hold below it, but it returns to fluctuate above this level now, noticing that the EMA50 forms negative pressure against the price, to protect the continuation of the expected bearish trend scenario on the intraday and short term basis.
Therefore, we will continue to suggest the bearish trend in the upcoming period conditioned by the price stability below 85.20, reminding you that our next main target is located at 74.12.
The expected trading range for today is between 74.00 support and 85.00 resistance
The expected trend for today: Bearish