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Bitcoin hits the extended targets – Analysis - 17-11-2017
Bitcoin price succeeded to reach our extended target at 8000.00$ barrier and settles near it, attempting to confirm breaching the main bullish channel's resistance that appears on chart, while we witness signs of minor bullish channel that we expect to carry the price to achieve more positive targets on the short term basis.
Therefore, the bullish trend will remain suggested in the upcoming period unless breaking 7550.00 level and holding below it, noting that the next target reaches 8330.00.
Expected trading range for today is between 7700.00 support and 8330.00 resistance
Expected trend for today: Bullish
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USDCHF begins negatively – Analysis - 17-11-2017
The EMA50 managed to stop the USDCHF pair's recent bullish rally, to start bouncing bearishly now, affected by stochastic negativity that appears clearly on the four hours' time frame, reinforcing the chacnes of resuming the bearish trend on the intraday and short term basis.
MoreNZDUSD approaches the target – Analysis - 17-11-2017
The NZDUSD pair continues to decline to approach gradually from our waited target at 0.6818, noticing that stochastic loses its positive momentum clearly on the four hours' time frame, while the EMA50 keeps pushing negatively on the price.
MoreAUDUSD gets negative signal – Analysis - 17-11-2017
The AUDUSD pair continues to fluctuate within sideways track since yesterday, keeping its stability below 0.7633, to keep the negative pressure valid for the upcoming period, supported by the EMA50 besides the negative signal that stochastic begins to provide now.
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