Ethereum price crawls upwards – Analysis - 25-06-2019
Ethereum price shows calm positive trading to move around 310.00 now, thus, the bullish trend will remain valid and active for the upcoming period, organized inside the bullish channel that appears on the chart, which its next target located at 350.00.
The EMA50 supports the expected rise, which its continuation conditions holding above 288.80.
The expected trading range for today is between 290.00 support and 340.00 resistance
The expected trend for today: Bullish
Bitcoin price continues to achieve gains – Analysis - 25-06-2019
Bitcoin price shows more bullish bias to surpass 11000.00$ barrier and heads to achieve more rise in the upcoming period, reinforcing the expectations of continuing the bullish trend on the short term and medium term basis, noting that the next target reaches 11700.00.
The EMA50 continues to support the suggested bullish wave, which its continuation conditions holding above 10680.00.
The expected trading range for today is between 10900.00 support and 11600.00 resistance
The expected trend for today: Bullish
The USDCHF reaches the second target – Analysis - 25-06-2019
The USDCHF pair provides more strong negative trades to reach our waited target at 0.9700, falling under more negative pressure that makes us expect the continuation of the bearish bias in the upcoming period, supported by the EMA50, noting that breaking the mentioned level will extend the bearish wave to target 0.9588 as a next main station.
We should note that failing to break 0.9700 barrier might push the price to start recovery attempts that target testing 0.9835 areas initially.
The expected trading range for today is between 0.9640 support and 0.9760 resistance.
The expected trend for today: Bearish
The NZDUSD surpasses the target – Analysis - 25-06-2019
The NZDUSD pair managed to confirm breaching 0.6607 level to approach testing 38.2% Fibonacci correction level for the entire decline measured from 0.6919 to 0.6481, getting positive support by the EMA50, organized inside the bullish channel that appears on the chart, which supports the chances of breaching the mentioned correctional level to open the way to extend the bullish wave towards 0.6700 as a next station.
Therefore, we suggest the continuation of the bullish trend in the upcoming sessions unless breaking 0.6585 level and holding below it.
The expected trading range for today is betwenen 0.6585 support and 0.6700
The expected trend for today: Bullish