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USDCHF gets the positive momentum – Analysis - 19-07-2018
The USDCHF pair shows some slight bearish bias to test the EMA50, accompanied by stochastic reach to the oversold areas, to form positive motive that we expect to push the price to rise again, waiting to breach 1.0055 level to open the way to head towards 1.0170 level on the near term basis.
In general, we will continue to suggest the bullish trend unless breaking 0.9885 followed by 0.9850 levels and holding below them.
Expected trading range for today is between 0.9940 support and 1.0060 resistance.
Expected trend for today: Bullish
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NZDUSD still stuck – Analysis - 19-07-2018
The NZDUSD pair returns to fluctuate between the trend confirmation levels represented by 0.6774 support and 0.6827 resistance after the negative attempt that it witnessed yesterday, which keeps our neutrality valid until now, waiting to breach one of them to detect the next destination clearly.
MoreAUDUSD begins with strong positivity – Analysis - 19-07-2018
The AUDUSD pair begins today’s trading with strong rise to breach 0.7400 level and approach the first key resistance at 0.7450, which makes us return to neutrality until the price confirms its next destination clearly, waiting to surpass one of the next trend keys represented by 0.7400 support and 0.7494 resistance.
MoreBrent oil attempts positively – Analysis - 19-07-2018
Brent oil price traded with clear positivity yesterday to breach 72.45 level, but its still below the most important resistance at 74.00, noticing that stochastic shows clear overbought signals, to form negative factor that we are waiting to assist to push the price to decline again.
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