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Ethereum price breaches the resistance – Analysis - 16-09-2019
Ethereum price begins today’s trading positively to breach 189.90 and settles above it, to turn the intraday trend to rise, on its way to achieve gains that reach 222.92 mainly.
Therefore, the bullish trend will be suggested for today supported by the EMA50, taking into consideration that breaking 189.90 and holding below it again will reactivate the bearish trend scenario that its next target located at 149.10.
The expected trading range for today is between 185.00 support and 210.00 resistance
The expected trend for today: Bullish
Bitcoin price around the moving average – Analysis - 16-09-2019
Bitcoin price settles around the EMA50, moving inside the intraday bearish channel that appears on the chart, to keep the bearish trend scenario valid and active for the upcoming period, waiting to visit 9855.80 level mainly.
MoreThe USDCHF within the bullish channel – Analysis - 16-09-2019
The USDCHF pair shows some bearish bias to test the bullish channel’s support line that appears on the chart, while the EMA50 provides the positive support to the price, to support the chances of bouncing bullishly and resume the main bullish trend, which targets visiting 0.9990 level mainly.
MoreThe NZDUSD breaks the support – Analysis - 16-09-2019
The NZDUSD pair broke 0.6390 support and settled below it, but it begins today with bullish bias in attempt to step above it again, getting positive support by stochastic, which encourages us to suggest the bullish bias in the upcoming sessions, which targets 0.6470 level mainly.
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