FXHighway

FXHighway

Target: 51.75 Risk: 36.90 Technical reasons: Litecoin price completed forming an inverted head and shoulders’ pattern that will push the price to achieve expected rises in the coming period, getting support by the exponential moving averages 50 and 100. The next target located at 50.00 then 51.75, while breaking 36.90 will push the price to decline again.

FXHighway

Target: 1316.00 Risk: 1260.00 Technical reasons: Gold price achieved our positive targets and the price shows more rise to surpass 1286.85 level, indicating the continuation of the rise to visit 1300.00 as a next target. More bullish bias is expected conditioned by the consolidation above 1260.00.

FXHighway

Target: 100.00 Risk: 108.20 Technical reasons: The pair confirmed breaking 111.40 to decline strongly, achieving 105.00 areas, and it is expected to head towards more decline that reaches 100.00 on the short term basis.

FXHighway

Target: 1.1185 Risk: 1.1520 Technical reasons: The EURUSD pair consolidated below the descending channel’s resistance, and declines to achieve our first target at 1.1340, waiting for more decline towards 1.1185. Surpassing 1.1520 will stop the expected decline and push to turn to rise.

FXHighway

Target: 20.00 Risk: 33.25 Technical reasons: Litecoin price moves below the ascending channel, and it needs to surpass the support base formed by the exponential moving averages 50 and 100 at 30.00 to confirm the continuation of the bearish trend, and the next target at 20.00. Surpassing 33.25 will stop the expected decline and push the price to achieve...

FXHighway

Target: 170.00 Risk: 116.50 Technical reasons: Ethereum price retested the breached neckline of the inverted head and shoulders’ pattern and the price rises again, and it needs to surpass 154.00 then 163.50 levels to confirm not facing a double top pattern that will press the price to turn to decline. Surpassing the mentioned levels will lead the price towards...

FXHighway

Target: 5000 Risk: 3565 Technical reasons: Bitcoin price showed some decline but it’s still getting positive support by the exponential moving averages 50 and 100, noticing that there is an under-construction positive pattern. Surpass 4150.00 will provide strong positive motive to achieve gains in the coming period and visit 5000.00 as a next target, while...

FXHighway

Target: 0.58 Risk: 0.40 Technical reasons: Ripple price surpassed 0.38 level strongly after completing an inverted head and shoulders’ patter, to rally towards achieving more expected gains. The next target at 0.58, while breaking 0.40 will stop the current rise and put the price under the negative pressure again.

FXHighway

Target: 170.00 Risk: 137.00 Technical reasons: An inverted head and shoulders’ pattern was completed to push the price for intraday bullish correction, surpassing 154.00 will push to 170.00, while breaking 137.00 will press the price to decline again.

FXHighway

Target: 4400 Risk: 3725 Technical reasons: Bitcoin price surpassed our first target at 4000.00 to open the door to visit the next target at 4400.00, getting positive support by the exponential moving averages 50 and 100. Surpassing the second target will push to 5000.00$ areas, while breaking 3725.00 will press the price to decline.

FXHighway

Target: 0.26 Risk:0.38 Technical reasons: Ripple price tested 0.38 and consolidated below it, and it declines again to indicate moving towards our waited target at 0.26. Breaking 0.35 will support the continuation of the expected decline, and the price stability below 0.38 is important to continue the decline.

FXHighway

Target: 0.7000 Risk: 0.7220 Technical reasons: A head and shoulders’ pattern was completed to push the price to decline strongly, waiting to visit 0.7000 as a next target. The negative pressure continues by the exponential moving average 50 and 100, while the price stability below 0.7220 keeps the bearish trend valid.

FXHighway

Target: 1.1185 Risk: 1.1444 Technical reasons: The EURUSD pair’s continuous move inside the symmetrical triangle keeps the chances valid to continue the bearish trend on the short term and medium term basis, and breaking 1.1340 will push to 1.1185 direct. On the other hand, consolidating below 1.1444 is important to continue the expected bearish trend.

FXHighway

Target: 23000 Risk: 24200 Technical reasons: The index’s rise stop below 25000 barrier pushed trades to decline and break the important support 24200, to head towards 23000 barrier that forms the next negative target. The exponential moving averages 50 and 100 form strong negative pressure that pushes for more expected decline on the short term and medium term...

FXHighway

Target: 42.00 Risk: 47.80 Technical reasons: The continuation of the strong decline pushes crude oil price to approach the expected target at 45.00, with signal of opening the door to visit the previously recorded low at 42.00. The negative pressure that comes by the exponential moving average 50 supports the continuation of the bearish trend, while...

FXHighway

Target: 111.40 Risk: 113.20 Technical reasons: Placing new descending top and breaking the ascending channel’s support line again pushes the price for more expected decline, and the next target is testing 111.40 level. Breaking this level will push towards areas below 110.00, while surpassing 113.20 will revive the chances of rising again.

FXHighway

Target: 116.50 Risk: 92.15 Technical reasons: Ethereum price begins bullish correction from 83.00 areas, and the first correctional target at 116.50. Surpassing 98.75 is required to confirm the continuation of the rise, while breaking 92.15 will stop the bullish correction and press the price to decline again.

FXHighway

Target: 4000 Risk: 3340 Technical reasons: Bitcoin price bullish rebound from the support line indicates achieving potential gains in the coming period, and surpassing 3550.00 will confirm visiting 4000.00 then 4400.00 levels. Breaking 3340.00 will stop the expected rise and push the price to decline again.