Britain- BT shares affected by the strength of the resistance – Analysis – 01-11-2019
The BT shares price failed to change the negative track in the last positive fluctuations, due to the stability of the resistance stability at 212.40, to increase the chances for renewing the negative attack in the near and medium period.
Gathering a new negative momentum makes us expect begin hitting the negative targets that are located at 191.80 and 185.60.
The expected trading range for today is between 212.40 and 191.80
The expected trend for today: Bearish
NZDJPY tests the extra resistance – Analysis – 01-11-2019
The NZDJPY price formed a temporary bullish correctional rebound, to notice testing the extra resistance at 70.00, note that the continuation of this resistance stability will reinforce the negative stability within the bearish channel levels that appear in the above image.
Therefore, we will keep waiting for gathering a new negative momentum to resume recording the negative targets that are located at 68.30 and 65.80.
The expected trading range for today is between 70.00 and 68.30
The expected trend for today: Bearish
Bitcoin price keeps its negative stability – Analysis - 01-11-2019
Bitcoin price attempted to breach 9255.00 yesterday but it returns to settle below it, and by taking a deeper look at the chart, we find that the price draws negative pattern that its confirmation line located at 9075.00, which means that breaking this level will provide strong negative motive that supports the expectations of continuing the bearish trend in the upcoming period.
Therefore, the bearish trend will remain expected conditioned by the price stability below 9255.00, noting that our waited targets begin at 8880.00 and extend to 9510.00 after breaking the previous level.
The expected trading range for today is between 8700.00 support and 9500.00 resistance
The expected trend for today: Bearish
The USDCHF approaches the support – Analysis - 01-11-2019
The USDCHF pair shows more bearish bias to approach 0.9836 level, which represents the sideways range’s support line that dominates the recent trades, noting that we continue to suggest the sideways move until the price confirms breaking the mentioned support or breaching 0.9990 resistance.
We remind you that breaking the support will push the price to decline towards 50% Fibonacci correction level at 0.9712, while breaching the resistance will allow the price to resume the main bullish trend that its next target located at 1.0070.
The expected trading range for today is between 0.9800 support and 0.9930 resistance.
The expected trend for today: Sideways