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Netherlands: Airbus keeps the positivity – Analysis – 29-3-2018
EADs shares price (Airbus) showed clear stability above the initial support at 91.60, confirming keeping the bullish bias domination, also, the price stability within the bullish channel increases the chances of gathering the bullish momentum in the near term period, to start forming new bullish trades and target 98.40 followed by 102.10 levels.
Stochastic forms new bullish wave to allow the price to gain the required positive momentum to resume the bullish attack, also, the moving average 55 fluctuation below the current support confirms blocking the price within the bullish range to decrease the chances of forming any unexpected negative rebound.
Expected trading range for today is between 91.60 and 98.40
Expected trend for today: Bullish
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Natural Gas awaits the negative momentum – Analysis – 29-3-2018
Natural gas price still lacks the negative momentum, to provide intraday positive trades and notice its approach to 2.800 barrier, while the upcoming scenario depends on the strength of the current barrier, to expect renewing the bearish attempts that target 2.550 mainly.
MoreEURNZD needs to surpass the barrier – Analysis – 29-3-2018
Despite the EURNZD pair’s fluctuation within the bullish channel recently, the initial resistance formed at 1.7170 forces the price to for intraday sideways trading as appears on the chart, while we will depend on the stability of 1.6975 initial support to wait to gather new positive momentum and manage to achieve the required breach followed by reaching our targets that start at 1.7255 followed by 1.7380.
MoreLitecoin price approaches the target – Analysis - 29-03-2018
Litecoin price resumes its negative trading to approach our waited target at 120.00, falling under continuous negative pressure coming by the EMA50, to support the chances of breaking the mentioned level and extend the bearish wave to target the previously recorded low at 89.02 as a next station.
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