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Midday update for bitcoin 22-10-2018
The tight range dominates Bitcoin price trades, which remains stable below 6500.00 level, thus, no change to the bearish trend scenario that depends on the price stability below the mentioned level, while the expected targets begin at 6040.00 followed by 5880.00.
Expected trading range for today is between 5800.00 support and 6700.00 resistance
Expected trend for today: Bearish
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Midday update for NZDUSD 22-10-2018
The NZDUSD pair keeps its stability below the main bearish channel’s resistance, to keep the bearish trend scenario valid for today, supported by stochastic negativity, waiting to head towards 0.6500 level that represents our first main target, reminding you that it important to hold below 0.6625 level to continue the expected decline.
MoreMidday update for AUDUSD 22-10-2018
The AUDUSD pair hovers around 0.7100 level since morning, and the EMA50 forms negative pressure against the price, to keep the bearish trend active for today, depending on the price stability below 0.7130, reminding you that our main waited target is located at 0.7000.
MoreMidday update for Brent oil 22-10-2018
Brent oil price shows new test to 80.43 level and keeps its stability below it, to keep the bearish trend scenario valid for today, depending on the price stability within the bearish channel that appears on the chart, supported by the EMA50, noting that our waited targets begin at 78.49 and extend to 76.56 after breaking the previous level.
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