FxWirePro: ETH/EUR struggles to close below 78.6% Fib, bias lower
Jul 12, 2018 12:06 pm UTC| Digital Currency Technicals
ETH/EUR struggles to close below 78.6% Fib, intraday bias bearish. Upside in the pair was rejected at 21-EMA, price fails to hold break above. The pair is trading in a symmetric triangle pattern and upside has...
Jul 12, 2018 11:59 am UTC| Technicals
CAD/JPY was trading higher continuously for past 11 trading days. The pair jumped nearly 300 pips from the low of 82.21.Bank of Canada (BOC) hiked rates higher by 25bpbs for fourth time since last summer amid trade...
Jul 12, 2018 11:57 am UTC| Technicals
EUR/USD has pared some of the gainsmade yesterday after better than expected US producer price (PPI). US producer prices came at 3.4% y-o-y highest level since Nov 2011. US has threatened to impose 10% tariff on another...
FxWirePro: ETH/USD eyes trend line support at 410, stay short
Jul 12, 2018 11:39 am UTC| Digital Currency Technicals
ETH/USD is trading in the red at 431 levels at the time of writing (Coinbase). On the upside, the pair faces resistance at 455 (20-DMA) and a break above would see it testing 473 (trend line joining 828.97 and...
Ripple hires duos for new leadership team, XRP/USD prolongs losing streaks beow 21-DMA
Jul 12, 2018 11:23 am UTC| Digital Currency Insights & Views Technicals
Ripple announces its in-house cryptographer, David Schwartz as its chief technology officer (CTO), and Kahina Van Dyke, a former Facebook executive joined the company as senior vice president (SVP), Business, and Corporate...
Jul 12, 2018 09:43 am UTC| Technicals
GBP/USD has halted its bullishness after hitting 2 week high at 1.33625. The pair declined more than 150 pips from the high. The renewed political uncertainty is weighing on Pound. UK Foreign Secretary Boris Johnson...
FxWirePro: BTC/EUR rejected at channel top, dip till 5080 likely
Jul 12, 2018 09:23 am UTC| Digital Currency Technicals
BTC/EUR trades 2.87% lower on the day, at 5308 at the time of writing. Price action rages in slopping channel pattern and upside has been rejected at channel top. The pair has broken below 21-EMA and 5-DMA...