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Ford ends flat - Analysis - 18-12-2019

Economies.com
2019-12-18 13:05 UTC

Ford Motor Company's stock ended flat in the previous session while gathering momentum and venting off overbought saturation in the RSI, with positive support from the 50-day SMA. 

 

Therefore we expect the stock to rise and target the resistance of 9.77. 

 

Expected trend for today: Bullish 

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End of day analysis for Crude oil 18-12-2019

Economies.com
2019-12-18 18:12 UTC

Crude oil price resumes its positive trading clearly to attack 60.90 level and begins breaching it, which supports the continuation of our bullish overview, paving the way to head towards 62.30 that represents our next main station, reminding you that the continuation of the bullish wave depends on the price stability above 59.95.

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End of day analysis for Gold 18-12-2019

Economies.com
2019-12-18 18:12 UTC

Gold price shows slight bearish bias in attempt to resume the correctional bearish trend, to keep the bearish trend active on the intraday and short term basis, which targets 1461.00 followed by 1447.00 levels initially, reminding you that it is important to hold below 1489.00 to continue the expected decline.

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End of day analysis for the EURUSD 18-12-2019

Economies.com
2019-12-18 18:12 UTC

The EURUSD pair faces more negative pressure to test the key support 1.1108, and as long as the price is above this level, our bullish overview will remain active for the upcoming period, supported by stochastic move inside the oversold areas, noting that we are waiting to visit 1.1180 followed by 1.1280 levels as next main targets.

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