Belgium: AB InBev shares resumes the decline – Analysis – 04-11-2019
AB InBev shares price didn’t get enough by forming a bearish gap in the last period, to expect forming new bearish waves, reinforcing the bearish bias domination by reaching 71.22, forming an extra resistance at 73.30 level makes us expect the price affection by extra negative pressures, that makes us wait for reaching new negative stations that might begin at 70.20 reaching to 61.8% Fibonacci correction level at 68.30.
Stochastic stability within the oversold level forms a main factor to confirm the bearish scenario, as it provides repeated negative momentum, to increase the chances for recording the suggested extra targets.
The expected trading range for today is between 72.45 and 70.20
The expected trend for today: Bearish
Hang Seng begins recording positive targets – Analysis – 04-11-2019
Adidas shares price began forming a strong bullish trading, getting advantages from its stability above 26920 level, which forms the main support against the bullish trading, to notice achieving the first positive targets by hitting 27390.
Note that stochastic attempt to reach the overbought level will increase the chances for gathering the extra positive momentum, to ease the mission of resuming the rise to expect reaching 27735 and 28075.
The expected trading range for today is between 27365 and 27735
The expected trend for today: Bullish
The EURSEK exits the bullish track – Analysis – 04-11-2019
The CHFJPY pair suffered strong negative pressures that comes from stochastic reach to 20 level, to form a strong bullish wave achieving breaking the bullish channel’s support at 10.7400 and suffering big losses by its stability at 10.6790.
The fluctuation of the price below the moving average 55 makes us expect gathering an extra negative momentum, to increase the chances for resuming the negative attack until recording the extra targets at 10.6215 and 10.5300.
The expected trading range for today is between 10.7000 and 10.6215
The expected trend for today: Bearish
DashCoin price around the moving average – Analysis - 04-11-2019
DashCoin price shows weak trades in the previous days, and continues to move around the EMA50, and the price still inside the bearish channel that appears on the chart.
Therefore, no change to the bearish trend scenario that its next main targets located at 64.30 followed by 53.30, while achieving them conditions holding below 78.85.
The expected trading range for today is between 64.30 support and 76.00 resistance
The expected trend for today: Bearish