Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

The CADJPY returns to the bullish correctional track– Analysis – 12-9-2019

Economies.com
2019-09-12 06:36AM UTC

The CADJPY price affected by strong positive pressures in the last period trading, which pushed it to breach the barrier at 80.80, to settle within the bullish correctional range, the stability of the breached barrier and forming a new support makes us prefer more of the bullish attempts until reaching 83.20, then wait for testing the critical resistance at 84.65.

 

Note that stochastic stability above 50 level forms a main factor to confirm the bullish scenario by providing a new positive momentum, to ease the mission for reaching the suggested positive stations.

 

The expected trading range for today is between 81.00 and 83.20

 

The expected trend for today: Bullish.

 

DashCoin price crawls downwards – Analysis - 12-09-2019

Economies.com
2019-09-12 05:15AM UTC

DashCoin price provides slight negative trades to move inside the bearish channel that appears on the chart, thus, the bearish trend scenario will remain valid and active on the intraday and short term basis, supported by the negative pressure formed by the EMA50, waiting to target 64.40 level as a next station, reminding you that it is important to hold below 93.13 to continue the expected decline.

 

The expected trading range for today is between 75.00 support and 87.00 resistance

The expected trend for today: Bearish

Litecoin price declines calmly – Analysis - 12-09-2019

Economies.com
2019-09-12 05:15AM UTC

Litecoin price settled below 70.00, to activate the bearish trend scenario again, and the price needs to surpass the EMA50 to confirm the continuation of the bearish bias in the upcoming sessions, paving the way to head towards 52.00 level as a next main target.

 

Therefore, the bearish trend will be expected for today unless breaching 70.00 followed by 72.40 levels and holding above them.

 

The expected trading range for today is between 60.00 support and 72.40 resistance

The expected trend for today: Bearish

Ethereum price around the resistance – Analysis - 12-09-2019

Economies.com
2019-09-12 05:14AM UTC

The tight range keeps dominating Ethereum price trades, which hovers around the bearish channel’s resistance, thus, no change to the bearish trend scenario that depends on the price stability below 189.90, while our next main target is located at 149.10.

 

The expected trading range for today is between 160.00 support and 190.00 resistance

The expected trend for today: Bearish