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Ethereum crawls downwards – Analysis - 29-03-2018
Ethereum price trades with calm negativity to settle inside the bearish channel that appears on the chart, falling under the negative pressure that the EMA50 continues to provide, to keep the bearish trend scenario active in the upcoming sessions, reminding you that our next target reaches 310.00.
Stochastic overlaps negatively to support the expected decline, which its continuation conditions holding below 565.54 level.
Expected trading range for today is between 390.00 support and 450.00 resistance
Expected trend for today: Bearish
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Bitcoin price resumes the decline – Analysis - 29-03-2018
Bitcoin price begins today’s trading with clear bias to move away from 8000$ barrier, which supports the continuation of our bearish overview efficiently in the upcoming period, motivated by stochastic that appears clearly now, and the way is open to head towards our next main target that reaches 6039.30.
MoreUSDCHF rallies upwards – Analysis - 29-03-2018
The USDCHF pair traded with strong positivity yesterday to breach 0.9488 level and rallies towards 0.9581 direct, as the price settles below this level, starting today with slight bearish bias that hints the return to decline again, especially that stochastic shows clear overbought signals.
MoreNZDUSD at the first target – Analysis - 29-03-2018
The NZDUSD pair succeeded to touch our waited target at 0.7185 and settles there, which represents 38.2% Fibonacci for the rise that appears on the chart, which means that breaking it will extend the bearish wave to reach 0.7107 as a next station.
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