|
Midday update for GBPUSD 17-11-2017
The GBPUSD pair settles above 1.3196 barrier, and the chances still valid to test 1.3295 level, while the sideways trades still suggested on the intraday basis until the price confirms exiting the sideways range that its lines represented by 1.3096 support and 1.3295 resistance, noting that the expected targets after breaching these levels are explained in our morning report.
Expected trading range for today is between 1.3130 support and 1.3330 resistance.
Expected trend for today: Sideways
Thanks for your feedback.
Midday update for EURUSD 17-11-2017
The EURUSD pair returns to provide some slight negative trades after testing 1.1800 barrier this morning, while the overall bullish trend still valid as long as the price remains stable above 1.1679, supported by the EMA50.
MoreEURAUD approaches the first main target – Analysis – 17-11-2017
The EURAUD pair succeeded to renew the bullish attempts, affected by its consolidation within the bullish channel and approaches from the first main target at 1.5650, noting that stochastic reach to the overbought areas will provide the price with new positive momentum and expect to surpass it to target new positive levels, starting at 1.5800 followed by 1.5965 in the upcoming period.
MoreNatural Gas holds above the initial support – Analysis – 17-11-2017
Natural gas price confirmed keeping the bullish attempts by getting new positive close above the initial support at 3.050, while we will keep waiting to gather the bullish momentum again to ease the attempts to renew the bullish attack until reaching the main targets at 3.270 followed by 3.375.
More