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Midday update for Ethereum 18-07-2018
Ethereum price retests 496.00 level now and still above it, to keep the bullish trend scenario active for today, supported by the EMA50 that carries the price from below, waiting to target 609.65 level as a next station, noting that the continuation of the expected rise depends on holding above 496.00 and 465.00 levels.
Expected trading range for today is between 465.00 support and 570.00 resistance
Expected trend for today: Bullish
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Midday update for bitcoin 18-07-2018
Bitcoin price settles around 7400.00 level now, and the price is affected by stochastic negativity, which might push the price to show some temporary bearish bias before resuming the expected bullish trend for the upcoming period.
MoreMidday update for NZDUSD 18-07-2018
The NZDUSD pair achieved initial break to 0.6774 level and closed the four hours’ candlestick below it, to hint the price head to activate the bearish trend scenario on the intraday basis, but we need to get a daily close below this level or above 0.6827 to determine the next targets clearly.
MoreMidday update for AUDUSD 18-07-2018
The AUDUSD pair trades with clear negativity since morning to move away from 0.7400 level, reinforcing the expectations of continuing the bearish trend for today, which its next target located at 0.7270, as the price falls under negative pressure formed by the EMA50, reminding you that holding below 0.7400 – 0.7410 levels is important to continue the expected decline.
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