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EURAUD prepares to decline – Analysis – 22-1-2018
The EURAUD pair ended its positive rebound by testing the bearish channel’s resistance around 1.5425, noticing its crawl below the moving average 55, while the continuation of the current resistance line stability confirms the price preparation to build strong negative attack, expecting to target 1.5210 level first, and the continuous negative pressures might push the price to reach the main support at 1.5070.
Expected trading range for today is between 1.5340 and 1.5210
Expected trend for today: Bearish
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Litecoin loses momentum – Analysis - 22-01-2018
Litecoin price continues to fluctuate around the key resistance 198.26, keeping its stability below it, which keeps the negative pressure valid until now, supported by the EMA50 that meets the mentioned level, besides stochastic losing the bullish momentum and entering the overbought areas.
MoreRipple tests the support – Analysis - 22-01-2018
Ripple price declined to test the key support 1.29 and settles near it, reminding you that this level is important to detect the next trend, as breaking it will push the price to visit 0.67 areas mainly, while on the other hand, breaching 1.68 will push the price to achieve gains that start at 1.99 and extend to 2.30.
MoreBitcoin touches the first target – Analysis - 22-01-2018
Bitcoin price managed to touch our first main target at 12852.00, as it found solid resistance there that forced the price to rebound bearishly to test the key support base 11160.00, noting that the price begins to provide positive trades now that hint the attempt to resume the bullish trend again.
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