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End of day analysis for Crude oil 19-10-2017
Crude oil price keeps its stability above the key support 51.12 after pushing negatively on it today, noticing that stochastic enters the oversold areas to support the chances of bouncing bullishly and resume the main bullish trend, to keep our bullish overview on the intraday basis unless breaking 51.12 level and holding below it, noting that the waited targets begin at 52.84 followed by 55.27.
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End of day analysis for Gold 19-10-2017
Gold price settled above 1281.17 level after pushing negatively on it in the previous sessions, which reactivates the main bullish trend scenario, and the price needs to breach 1299.20 level to confirm the continuation of the bullish bias towards 1321.49 as a next main station, noting that breaking 1281.17 will put the price under the negative pressure that targets testing 1263.15 level before any new attempt to rise.
MoreEnd of day analysis for EURUSD 19-10-2017
The EURUSD pair ends today's trading with clear positivity and attempts to breach 1.1840 level, which urges caution from the upcoming trading, as holding above this level will push the price to regain its main bullish trend that its next target located at 1.2100, while holding below it will keep the negative scenario valid, which its main target represented by testing 1.1679 level.
MoreNike keeps climbing - Analysis - 19-10-2017
Nike's stock (NKE) kept rising in the intraday levels, scoring a fresh profit of 0.58% in the last session, or 0.30 points, while getting impacted by piercing the ceiling of a positive pattern that formed in the short term, the Falling Wedge pattern as shown in the attached chart, with positive signals from the RSI, countered with negative pressure from the 50-day SMA.
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