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End of day analysis for EURUSD 22-01-2018
The EURUSD pair returns to test the key support base 1.2215, which represents the first protecting factor to the continuation of our recently suggested positive scenario besides the next support 1.2165, thus, our bullish overview will remain active for the upcoming period, supported by the EMA50 and stochastic, noting that the first target is located at 1.2340.
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Update: Bitcoin price under the negative pressure
Bitcoin price falls under negative pressure to attack 10748.00 level and moves below it now, which urges caution from the upcoming trading, as holding below it will stop the positive scenario and push the price to decline towards 8643.00 initially, while stepping above 10748.00 represents major condition to continue the expected bullish trend on the intraday and short term basis.
MoreFord sharpens decline - Analysis - 22-01-2018
Ford Motor Company's stock (F) kept falling in the intraday levels, recording a new loss of 0.58% in the last session, or 0.07 points, amid negative pressure from the 50-day SMA, with negative signals from the RSI, while the stock gets hurt by a negative pattern that formed in the short term,
MoreTesla regains footing quickly - Analysis - 22-01-2018
Tesla's stock (TSLA) returned higher in the intraday levels, scoring a profit of 1.58% in the intraday levels, or 5.45 points, as the stock gets buoyed by exiting a descending correctional price channel that limited recent short-term trading, with positive support from the 50-day SMA.
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