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The USDCHF resumes the decline – Analysis - 18-12-2019
The USDCHF pair provides negative trading yesterday to move away from 0.9836 level, reinforcing the expectations of the bearish trend on the intraday basis, depending on the stability below the mentioned level, waiting for visiting 0.9712 level as a next main station.
reminding you that braeching 0.9836 will lead the price to achieve intraday gains that targets testing 0.9990 levels initially.
The expected trading range for today is between 0.9750 support and 0.9840 resistance.
The expected trend for today: Bearish
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The NZDUSD attacks the support – Analysis - 18-12-2019
The NZDUSD pair opens today’s trading with more of the negative pressure, to break 0.6565 level and attempts to settle below it, which requires being aware from the upcoming trading, where holding below this level will stop the suggested positive scenario in our last reports and pushes the price to begin attempts to return to the main bearish track.
MoreThe AUDUSD tests the moving average – Analysis - 18-12-2019
The AUDUSD pair continues the calm decline to reach the EMA50, which continues to provide positive support for the price, waiting for boucing higher to resme the bullish trend that targets 0.7015 level mainly.
MoreBrent oil price touches the first target – Analysis - 18-12-2019
brent oil price succeeded to reach our waited initial target at 65.40, and it found a strong resistance, to show slight bearish bias, but we wait for more of the upside moves, supported by the EMA50 to breach the mentioned level and opening the way towards achieving gains that extend to reach 68.95 on the near term basis.
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