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USDJPY gathers the positive momentum – Analysis - 30-03-2018
The USDJPY pair shows slight bearish bias now to approach 106.00 barrier, noticing that stochastic managed to gain the positive momentum on the four hours’ time frame, to support the chances of bouncing bullishly and resume the expected bullish trend on the intraday basis.
Therefore, we will keep our bullish overview unless breaking 105.54 level and holding below it, reminding you that our next main target is located at 107.40.
Expected trading range for today is between 105.70 support and 107.40 resistance.
Expected trend for today: Bullish
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GBPUSD tests the support – Analysis - 30-03-2018
The GBPUSD pair kept declining to test the short term bullish trend line and attempts to rebound bullishly from there, supported by stochastic reach to the oversold areas, to continue suggesting the bullish trend in the upcoming sessions, waiting to target 1.4344 level mainly.
MoreEURUSD is stable – Analysis - 30-03-2018
The EURUSD pair hovers around 1.2304 level and moves above it now, to keep the bullish trend valid until now, supported by stochastic positivity that appears clearly on the four hours’ time frame, waiting to surpass 1.2350 level to ease the mission of heading towards 1.2536 as a next station.
MoreEnd of day analysis for Crude oil 29-03-2018
Crude oil price provides positive trading after testing 64.20 level in the previous sessions, which supports the continuation of our bullish overview on the intraday and short term basis, supported by the EMA50 that keeps carrying the price from below, reminding you that our next main target is located at 66.70.
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