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Midday update for bitcoin 29-03-2018
Bitcoin price continues to decline to move near 7500.00 level now, supported by stochastic and the EMA50 negativity, keeping the bearish trend active for the rest of the day, reminding you that our next main target at 6039.30, while holding below 8280.00 represents the first condition for the continuation of the expected decline.
Expected trading range for today is between 6800.00 support and 8200.00 resistance
Expected trend for today: Bearish
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Midday update for NZDUSD 29-03-2018
The NZDUSD pair settles at the critical support at 0.7185, waiting for breaking this level to confirm the extension of the bearish wave to 0.7107, where the EMA50 continues its negative pressure on the price, keeping the bearish trend scenario valid on the intraday and short term basis unless breaching 0.7281 level and holding above it.
MoreMidday update for AUDUSD 29-03-2018
The AUDUSD pair shows some bullish bias affected by stochastic positivity and the strength of 0.7650 level, noticing that the indicator losses its bullish momentum gradually, while the EMA50 keeps pushing negatively on the price.
MoreMidday update for Brent oil 29-03-2018
The sideways and tight range dominates Brent oil price trading since morning, and as long as the price is above 69.09, our bullish overview will remain active for today, supported by the EMA50, reminding you that our first main target is located at the previously recorded top at 71.36.
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