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Midday update for bitcoin 02-08-2016
Bitcoin price resumes its negative attempts to begin attempts to break 600.00 barrier, reinforcing the expectations for more of the downside moves in the upcoming sessions, targeting testing 538.45 then 495.00 level mainly.
The EMA50 keeps forming negative pressure that supports the expected decline, and its continuation conditioned by holding below 670.00 level.
Expected trading range for today is between 495.00 support and 670.00 resistance
Expected trend for today: Bearish
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Midday update for NZDUSD 02-08-2016
The NZDUSD pair traded with clear positivity this morning after confirming breaching the falling wedge’s resistance that appears in the image, which supports the continuation of the bullish trend scenario efficiently in the upcoming period, and the way is open for visiting the recorded top at 0.7323 as a next main target, reminding you that holding above 0.7090 level represents the most important condition for the continuation of the expected rise for today.
MoreMidday update for AUDUSD 02-08-2016
The AUDUSD pair shows positive trading now after the attempt to break the minor bullish channel’s support this morning, to approach now from 0.7595 level, reminding you that breaching this level required for opening the way towards our next main target at 0.7750.
MoreMidday update for Brent Oil 02-08-2016
Brent oil price provides some positive attempts now approaching from retesting the critical resistance at 43.00, which represents the first condition for the continuation of the expected bearish trend for today besides the next resistance at 43.75, where the price affected by stochastic current positivity.
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