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Bitcoin price needs a positive motive – Analysis - 19-07-2018
Bitcoin price shows some bearish bias now affected by stochastic negativity, which begins to get rid of its negative momentum and head towards the oversold areas, to support the chances of resuming the expected bullish trend for the upcoming period, supported by the EMA50.
Therefore, we will continue to suggest the bullish trend in the upcoming sessions unless breaking 6840.00 level and holding below it, reminding you that we are waiting to target 7950.00 level mainly.
Expected trading range for today is between 7000.00 support and 8000.00 resistance
Expected trend for today: Bullish
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USDCHF gets the positive momentum – Analysis - 19-07-2018
The USDCHF pair shows some slight bearish bias to test the EMA50, accompanied by stochastic reach to the oversold areas, to form positive motive that we expect to push the price to rise again, waiting to breach 1.0055 level to open the way to head towards 1.0170 level on the near term basis.
MoreNZDUSD still stuck – Analysis - 19-07-2018
The NZDUSD pair returns to fluctuate between the trend confirmation levels represented by 0.6774 support and 0.6827 resistance after the negative attempt that it witnessed yesterday, which keeps our neutrality valid until now, waiting to breach one of them to detect the next destination clearly.
MoreAUDUSD begins with strong positivity – Analysis - 19-07-2018
The AUDUSD pair begins today’s trading with strong rise to breach 0.7400 level and approach the first key resistance at 0.7450, which makes us return to neutrality until the price confirms its next destination clearly, waiting to surpass one of the next trend keys represented by 0.7400 support and 0.7494 resistance.
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