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MasterCard surrounded with positive signals - Analysis - 28-03-2019

Economies.com
2019-03-28 10:58AM UTC

MasterCard's stock fell 0.33% in the last session, while gathering momentum to help it rise anew, with negative signals from the RSI, amid the dominance of the upward short-term trend, with positive pressure from the 50-day SMA. 

 

Therefore we expect the stock to rise, targeting the resistance of 239.69, as long as the support of 225.35 holds on. 

 

Expected trend for today: Bullish 

Midday update for the NZDUSD 28-03-2019

Economies.com
2019-03-28 10:23AM UTC

The NZDUSD pair shows some slight bearish bias to approach the key support 0.6795, and as we mentioned this morning, the price needs to hold above this level to keep the bullish trend scenario active for the upcoming period, supported by stochastic positivity, reminding you that our first main target is located at 0.6910.

 

The expected trading range for today is betwenen 0.6760 support and 0.6910

 

The expected trend for today: Bullish

Midday update for the AUDUSD 28-03-2019

Economies.com
2019-03-28 10:23AM UTC

The AUDUSD pair returns to fluctuate at the intraday bullish channel’s support line, finding difficulty to surpass the EMA50, but as long as the price is above 0.7044, our bullish overview will remain active for today, as breaking this level will put the price under negative pressure that targets 0.6900 areas initially, while our next positive target is located at 0.7250.

 

The expected trading range for today is between 0.7044 support and 0.7170

 

The expected trend for today: Bullish

Midday update for Brent oil 28-03-2019

Economies.com
2019-03-28 10:22AM UTC

Brent oil price presses negatively on the key support 66.85 now, and as we mentioned this morning, this level represents one of the next trend keys besides 67.85 resistance, as confirming breaking it will push the price to achieve more decline and target 65.00 followed by 63.95 levels, noting that we still neutral until the price confirms breaching one of the mentioned levels according to the daily close according to them, noting that breaching the mentione resistance will lead the price to resume the main bullish trend that its next target located at 70.00.

 

The expected trading range for today is between 65.50 support and 69.00 resistance.

 

The expected trend for today: Neutral