
LItecoin, the digital silver – Glimpse at key fundamentals and technical
Aug 24, 2018 11:59 am UTC| Research & Analysis Insights & Views Technicals
It is highly essentially to know that Litecoin has been scrypt dominant. This implies that it is by far the network using scrypt with a larger hashing power. However, even if all the miners from those other coins joined to...

FxWirePro: BCH/USD struggles at 1H 100-SMA, good to go long on break above
Aug 24, 2018 11:18 am UTC| Digital Currency Technicals
BCH/USD is extending sideways grind along 5-DMA at 525 levels. Bias on the daily chart is neutral, but we see scope for some upside on the hourly charts. On 1H charts, momentum studies have turned bullish and RSI...

FxWirePro: ETH/USD remains rangebound, further bullishness only above 21-EMA
Aug 24, 2018 10:58 am UTC| Digital Currency Technicals
(Refer ETH/USD chart on Trading View) ETH/USD remains largely rangebound for the week. It is currently trading at 275 levels with its upside capped by 10-DMA at the time of writing (Coinbase). On the upside, a...

FxWirePro: GBP/USD recovers from trend line support, good to sell on rallies
Aug 24, 2018 10:51 am UTC| Technicals
Overall trend : Bearish Ichimoku Analysis (hourly chart) Tenken-sen- 1.2821 Kijun-Sen- 1.2855 Trend reversal level (intra day)- 1.2800 GBPUSD is trading weak for 3rdconsecutive days after...

FxWirePro: ETH/EUR comatose around 5-DMA, downward sloping moving averages keep bias lower
Aug 24, 2018 10:34 am UTC| Digital Currency Technicals
ETH/EUR is trading in an extremely narrow range around 5-DMA at 237 levels. Price action in the pair remains below cloud and major moving averages. Further downward slopping moving averages keep downside bias...

Aug 24, 2018 10:08 am UTC| Technicals Insights & Views
USDCAD minor trend slides through sloping channel, while bullish engulfing pattern takes off rallies above DMAs, buying momentum is yet to confirm (refer daily chart). Despite the todays rallies, bears nudge towards...

FxWirePro: EUR/GBP finds major resistance at 0.9030, good to go long on break above
Aug 24, 2018 10:02 am UTC| Technicals
Refer EUR/GBP chart on Trading View EUR/GBP is trading 0.180% higher on the day at 0.9021 at the time of writing. The demand for the single currency remains firm as focus remains on the Jackson Hole...