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Midday update for Ethereum 28-03-2018
Ethereum price keeps its stability below the bearish channel’s resistance, to keep the bearish trend scenario active until now, supported by the negative pressure formed by the EMA50, waiting to head towards 310.00 as a next main station, while the expected decline will remain valid unless breaching 565.54 level and holding above it.
Expected trading range for today is between 400.00 support and 470.00 resistance
Expected trend for today: Bearish
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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.
MoreMidday 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.
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