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Boeing returns higher - Analysis - 19-10-2017
Boeing's stock (BA) returned higher in the intraday levels, scoring a profit of 0.55% in the last session, or 1.42 points, with positive support from the 50-period SMA in the intraday levels, coupled with the dominance of the main upward short-term trend, while the RSI reached extremely oversold levels compared to the stock's movement.
Therefore we expect more gains for the stock, as long as the support of 256.08 holds on, targeting the resistance of 271.55.
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Midday update for bitcoin 19-10-2017
Bitcoin price keeps the support base formed above 5600.00 barrier, to keep the bullish trend scenario valid in the upcoming period, supported by the EMA50, waiting to test 5800.00 level initially, reminding you that breaching this level will push the price towards 6220.00 followed by 6300.00, whie holding above 5415.00 represents key condition to continue the expected rise.
MoreMidday update for NZDUSD 19-10-2017
The NZDUSD pair fell under strong negative pressure to break 0.7100 level and settles below it, which opens the way to achieve more decline in the upcoming sessions, and the expected target is represented by testing 0.6992 level.
MoreMidday update for AUDUSD 19-10-2017
The AUDUSD pair settles above the EMA50, and as long as the price is above 0.7820, the bullish trend scenario will remain active for today, waiting to target 0.7937 level, reminding you that breaching this level will push the price towards 0.8125 as a next main target.
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