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Ethereum price tests the moving average – Analysis - 19-07-2018
Ethereum price trades negatively to move below 496.00 level, but we notice that the EMA50 attempts to protect the price from achieving more decline, while stochastic enters the oversold areas.
Therefore, these factors encourage us to continue suggesting the bullish trend conditioned by the price stability above 470.00 and the most important above 420.00, reminding you that our waited target is located at 609.65.
Expected trading range for today is between 430.00 support and 530.00 resistance
Expected trend for today: Bullish
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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.
MoreUSDCHF 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.
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