Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

Ethereum hits the first target – Analysis - 21-12-2018

Economies.com
2018-12-21 05:07 UTC

Ethereum price managed to achieve our first target at 116.51 and settles above it now, which opens the way to extend the correctional bullish wave to target 38.2% Fibonacci correction level at 137.24, waiting for more rise supported by moving above the EMA50.

 

Therefore, the bullish trend will remain dominant for today, noting that holding above 116.51 is important to continue the bullish momentum in the upcoming sessions.

 

Expected trading range for today is between 105.00 support and 130.00 resistance

Expected trend for today: Bullish

Was this useful?

Thanks for your feedback.

Bitcoin price confirms surpassing the target – Analysis - 21-12-2018

Economies.com
2018-12-21 05:07 UTC

Bitcoin price succeeded to confirm breaching 3920.00 level after ending yesterday’s trading above it, which supports the expectations of extending the correctional bullish wave, to open the way to head towards 4424.00 that represents our next main target.

More

USDCHF reaches the second target – Analysis - 21-12-2018

Economies.com
2018-12-21 05:06 UTC

The USDCHF price succeeded to reach our second waited target at 0.9835 after the strong decline that it witnessed yesterday, as it broke 0.9900 level strongly, and the price falls under continuous negative pressure coming by the EMA50, which supports the chances of continuing the decline within the correctional bearish channel that appears on the chart.

More

NZDUSD loses momentum – Analysis - 21-12-2018

Economies.com
2018-12-21 05:06 UTC

The NZDUSD pair tested 0.6795 level and keeps its stability below it, accompanied by stochastic reach to the overbought areas, while the EMA50 forms continuous negative pressure agains the price.

More