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Bitcoin resumes rising – Analysis - 05-03-2018
Bitcoin price shows positive trades by today’s opening to resume its bullish track after building support base above 10748.00 level, which supports the expectations of achieving more gains in the upcoming sessions, reinforced by stochastic and the EMA50 positivity, waiting to test 102852.65 level as a next station.
Therefore, we are waiting for more rise today unless breaking 10748.00 level and holding below it.
Expected trading range for today is between 10748.00 support and 12850.00 resistance
Expected trend for today: Bullish
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USDCHF breaks the support – Analysis - 05-03-2018
The USDCHF pair continued to decline to break 0.9373 level and settles below it, which puts the price under the negative pressure again, especially that the price moves below the EMA50, to head towards targeting 0.9186 as a next main station.
MoreNZDUSD resumes the decline – Analysis - 05-03-2018
The NZDUSD pair continues to decline to approach our first waited target at 0.7185, reinforcing the expectations of achieving more decline on the intraday basis, noting that breaking the mentioned level will push the price towards 0.7107 as a next station.
MoreAUDUSD hovers around the support – Analysis - 05-03-2018
The AUDUSD pair fluctuates around 0.7743 level, and we still waiting the price stability below this level to confirm the continuation of the decline in the upcoming period, noting that the EMA50 forms negative pressure to support the negative overview.
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