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Platinum prepares to the negative attack – Analysis – 19-7-2018
Platinum price has to escape to resume the negative attack, due to the factors that agree the bearish attempts, as the stability of 870.00 along with the consolidation of the moving average 55 above it confirms blocking the price within the main bearish channel.
Also, stochastic continuous attempts to form new negative wave assists to provide new negative momentum, to expect getting rid of 790.00 barrier and wait to achieve the first additional targets at 748.00.
Expected trading range for today is between 855.00 and 750.00
Expected trend for today: Bearish
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GBPJPY postpones the bullish attack – Analysis – 19-7-2018
The GBPJPY pair faced strong negative pressure recently that pushed the price to consolidate below 148.00 level, hinting postponing the bullish attack temporarily, while 148.00 forms initial resistance to expect moving towards 146.55 followed by 145.90 levels, to start renewing the bullish attempts that target more suggested positive levels in our previous report.
MoreEURJPY needs new momentum – Analysis – 19-7-2018
The EURJPY pair is affected by the contradiction between the major indicators, to lose its positive momentum as stochastic exits the overbought areas, while we expect to form some sideways trading now, noting that it is important to hold above 131.00 to confirm the continuation of the positivity for the upcoming period to target 132.20 followed by 133.10 levels.
MoreAstraZeneca shares reach new historical targets – Analysis – 19-7-2018
AstraZeneca shares price gained new positive momentum recently to breach the key resistance at 5520.00, noticing reaching new historical targets by reaching 5615.80, while the price consolidation within the bullish channel increases the chances of recording additional targets in the near term and medium term period, to expect moving towards 5730.00 followed by reaching 5890.00 levels in the upcoming period.
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