|
GBPJPY crawls negatively – Analysis – 20-12-2018
The GBPJPY pair completed its negative crawling by reaching 141.60 level, confirming its surrender to the negative pressures, to keep waiting to touch the key support 141.10, reminding you that the continuous negative pressures will increase the chances to break the key support and move into new negative track, to start target new negative levels that start at 140.40 followed by 139.65.
Therefore, as long as 143.80 resistance remains intact, we will continue to suggest the negative attempts, noting that it is important to monitor the price behavior when reaching the targeted key support.
Expected trading range for today is between 142.60 and 141.10
Expected trend for today: Bearish
Thanks for your feedback.
EURJPY provides new negative signal – Analysis – 20-12-2018
The EURJPY pair hinted its surrender to the negative trades by providing new negative close below 128.00, to notice the beginning of recording some negative levels by reaching 127.53, while we expect to face negative pressures to surpass 126.90 level and target new levels that might start at 126.15 and 125.70.
MoreGermany: BMW shares begin the bullish rebound – Analysis – 20-12-2018
BMW shares price ended its recent negative trading by facing solid support at 69.60, to decrease its losses and start forming some bullish correction as appears on the chart, and despite the current contradiction between the major indicators, the stability of the key support will allow us to suggest more correctional bullish attempts that might target 77.50 level initially, with chances to touch the moving average 55 in the upcoming period by reaching 82.60.
MoreEURAUD regains its bullish bias – Analysis – 20-12-2018
The EURAUD pair took advantage of the recent positive pressures by forming strong positive wave and settles above the broken bullish channel’s support at 1.5865, while the price stability within the positive range allows us to start suggesting the bullish attempts, expecting to move towards 1.6200 followed by reaching the recently recorded top at 1.6350.
More