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MasterCard rallies - Analysis - 23-04-2019

Economies.com
2019-04-23 13:33PM UTC

MasterCard's stock kept rising in the short term while settling above 239.69, with positive pressure from the 50-day SMA, amid the dominance of the main upward trend in the medium and short terms, with positive signals from the RSI. 

 

Therefore we expect more gains for the stock, as long as it settles above 239.69, targeting the resistance of 249.25. 

 

Expected trend for today: Bullish 

Midday update for bitcoin 23-04-2019

Economies.com
2019-04-23 10:26AM UTC

Bitcoin price tested 5600.00 level and settles near it, and as long as the price is above 5237.70, our bullish overview will remain valid for today, supported by the EMA50, reminding you that our main targets begin at 5741.10 and extend to 6040.00 after surpassing the previous level.

 

The expected trading range for today is between 5300.00 support and 5900.00 resistance

The expected trend for today: Bullish

Midday update for the NZDUSD 23-04-2019

Economies.com
2019-04-23 10:26AM UTC

The NZDUSD pair managed to reach our waited target at 0.6654 and settles there, and prefer the continuation of the bearish bias to surpass the mentioned level and open the way towards achieving more of the negative targets that reach to 0.6585, to keep our bearish trend expectations that organized within the bearish channel that appears in the image, reminding you that holding below 0.6715 is required for the continuation of the suggested decline.

 

The expected trading range for today is betwenen 0.6600 support and 0.6720

 

The expected trend for today: Bearish

Midday update for the AUDUSD 23-04-2019

Economies.com
2019-04-23 10:26AM UTC

The AUDUSD pair fluctuates near the intraday bullish channel’s support, as long as the price is above 0.7090, so the expected rise will remain valid for today, supported by stochastic reach to the oversold level, waiting for heading to 0.7250 that represents our next main station.

 

The expected trading range for today is between 0.7080 support and 0.7200

 

The expected trend for today: Bullish