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Midday update for bitcoin 28-03-2018
Bitcoin price shows positive trading now to approach retesting the previously broken neckline of the minor double top pattern, accompanied by stochastic approach to the overbought areas, which forms negative factor that we are waiting to push the price to rebound bearishly and resume the bearish trend again.
In general, we will continue to suggest the bearish trend in the upcoming sessions conditioned by the price stability below 8643.35 and the most important below 9260.00 levels, reminding you that our next main target is located at 6039.30.
Expected trading range for today is between 7000.00 support and 8280.00 resistance
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Midday update for NZDUSD 28-03-2018
The NZDUSD pair shows negative trading since morning to move away gradually from 0.7281 level, which supports the expectations of continuing the bearish trend in the upcoming sessions, waiting to test 0.7185 initially, reminding you that the continuation that the continuation of the expected bearish trend depends on holding below 0.7281 and 0.7310 levels.
MoreMidday update for AUDUSD 28-03-2018
The AUDUSD pair succeeded to reach our first main waited target at 0.7650, and the negative pressure formed by the EMA50 still valid, to reinforce the chances of breaking the mentioned level and open the way to head towards 0.7500 as a next target.
MoreMidday update for Brent oil 28-03-2018
Brent oil price shows sideways trading since morning, keeping its stability above 69.09 level, while stochastic provides positive overlapping signal from the oversold areas.
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