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GBPAUD leans on the moving average positivity – Analysis – 23-1-2018
The GBPAUD pair leaned on the moving average 55 recently to form solid support at 1.7335 and confirms the bullish bias domination by reaching 1.7510, expecting to find solid support at 1.7430 that will ease the attempts to reach 23.6% Fibonacci correction level at 1.7570.
The positive momentum provided by stochastic that fluctuates within the overbought areas increases the positive pressures and confirms the attempt to achieve the waited targets.
Expected trading range for today is between 1.7470 and 1.7570
Expected trend for today: Bullish
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Bitcoin attacks the support – Analysis - 23-01-2018
Bitcoin price faced clear negative trading in the previous sessions after failing to breach 12852.00 level, to push on 10748.00 level and moves below it now, which hints continuing the decline within the bearish channel that appears on the above chart and stopping the recently suggested positive scenario.
MoreLitecoin approaches the first target – Analysis - 23-01-2018
Litecoin price resumed its negative trading after testing 198.26 level in the previous days, to approach our first waited target at 156.51 now, reminding you that breaking this level will push the price to head towards 89.02 as a next main station.
MoreRipple under the negative pressure – Analysis - 23-01-2018
Ripple price traded with clear negativity yesterday to attack 1.29 level and settles below it now, which puts the price under more expected negative pressure in the upcoming period, affected by the head and shoulders’ pattern that appears on the above chart.
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