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Ripple recovers – Analysis - 05-03-2018
Ripple price trades with clear positivity on yesterday’s evening to breach 0.98 level and attempts to hold above it, which hints the price head to recover on the intraday and short term basis, targeting testing 1.07 level as a next station.
Therefore, the bullish trend will be suggested in the upcoming period supported by the EMA50 besides stochastic move at the oversold areas now, noting that breaking 0.98 followed by 0.89 levels will stop the expected rise and push the price to decline again.
Expected trading range for today is between 0.89 support and 1.07 resistance
Expected trend for today: Bullish
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Bitcoin resumes rising – Analysis - 05-03-2018
Bitcoin price shows positive trades by today’s opening to resume its bullish track after building support base above 10748.00 level, which supports the expectations of achieving more gains in the upcoming sessions, reinforced by stochastic and the EMA50 positivity, waiting to test 102852.65 level as a next station.
MoreUSDCHF breaks the support – Analysis - 05-03-2018
The USDCHF pair continued to decline to break 0.9373 level and settles below it, which puts the price under the negative pressure again, especially that the price moves below the EMA50, to head towards targeting 0.9186 as a next main station.
MoreNZDUSD resumes the decline – Analysis - 05-03-2018
The NZDUSD pair continues to decline to approach our first waited target at 0.7185, reinforcing the expectations of achieving more decline on the intraday basis, noting that breaking the mentioned level will push the price towards 0.7107 as a next station.
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