|
The EURGBP fluctuates within the bearish range – Analysis – 13-9-2019
In spite of forming positive rebounds by the EURGBP price in the last period, but that will not affect the main negative track, due to its stability within the bearish channel levels that appears in the above image.
The stability of the main resistance at 0.9050 and forming an extra barrier by the moving average 55 at 0.9020 makes us prefer the negative attempts, to allow the price to reach the negative targets that are located at 0.8900 and 0.8855.
The expected trading range for today is between 0.8980 and 0.8900
The expected trend for today: Bearish
Germany: Commerz Bank faces new resistance – Analysis – 13-9-2019
Commerz Bank ended its bullish correctional rally by facing a new resistance at 5.93, to assist confirming the main bearish bias domination, and the stability of the moving average 55 above the current resistance will increase the negative pressures, which makes us prefer reaching to 5.26 level, then wait for providing a new negative pressure on the support level at 4.65.
MoreThe EURJPY takes advantage of the positive pressures – Analysis – 13-9-2019
The EURJPY pair get advantage from the extra positive momentum that comes from stochastic which is settled within the overbought level, to notice forming a strong positive rally, to approach from the initial target at 120.05.
MoreThe GBPJPY faces solid barrier – Analysis – 13-9-2019
The GBPJPY pair repeated forming a bullish rally yesterday to face an important barrier at 133.60 level, this barrier forms a key to detect the expected trend in the current period, while breaching it will allow the price to target several positive levels by reaching 134.50 and 136.60.
More