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FxWirePro: ETH/EUR struggles to extend weakness below 300 mark, break above 5-DMA could see minor upside

Aug 10, 2018 11:19 am UTC| Digital Currency Technicals

ETH/EUR is extending consolidation after the pair tests 300 mark on Wednesdays trade. Price has broken below 88.6% Fib, and break below 300 could see further downside. Momentum is with the bears. Stochs and RSI...

Digital Currency Revolution

FxWirePro: ETH/USD upside capped by 5-DMA, decisive break below trend line support likely to test 300

Aug 10, 2018 10:42 am UTC| Digital Currency Technicals

(Refer ETH/USD chart on Trading View) ETH/USD is trading in a narrow range on Friday with its upside capped by 5-DMA (Coinbase). The pair is currently trading at 358 levels at the time of writing. On the topside,...

FxWirePro: NZD/CHF extends channel break, hovers around 50% Fib at 0.6541, bias lower

Aug 10, 2018 10:27 am UTC| Technicals

Refer NZD/CHF chart on Trading View NZD/CHF extends channel breakout, trades 0.24% lower on the day at 0.6556 at the time of writing. Kiwi extends weakness after RBNZs dovish surprise on Thursday. Further...

FxWirePro: Gold hits 13-month lows after sliding below 21-SMA on shooting star – Stay short as more slumps on cards

Aug 10, 2018 09:48 am UTC| Technicals Insights & Views

The bearish streaks inGoldprices have continued today; the current price of the precious yellow metal commodity is trading at $1,210.88 despite some minor rallies in this trading session. While the minor trend slides...

FxWirePro: USD/CHF declining after hitting high of 0.99750 on escalating trade war, good to buy on dips

Aug 10, 2018 08:37 am UTC| Technicals

USD/CHF has once again recovered sharply after hitting low of 0.9895. It hits high of 0.99750 and started to decline from that level. US dollar index was trading higher and has broken major resistance at 95.65 and hits...

FxWirePro: AUD/JPY hovers around channel base support at 80.80, good to short on break below

Aug 10, 2018 08:01 am UTC| Technicals

Refer AUD/JPY chart on Trading View AUD/JPY slumps 1.32% on the day, hits 2-month lows at 80.77, bias lower. The pair has broken below daily cloud and trades with a strong bearish bias. Price action is...

Digital Currency Revolution

FxWirePro: BTC/USD consolidates inside Ichimoku cloud, bias bearish

Aug 10, 2018 07:28 am UTC| Digital Currency Technicals

(Refer BTC/USD chart on Trading View) BTC/USD recovered from the lows of 6121 levels and closed at 6543 levels on Thursday. The pairs upside remains capped by 5-DMA and it is now trading in the red at 6438 levels at...

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