
May 08, 2018 14:35 pm UTC| Technicals
EUR/USD is continuing its weakness for second consective week. The pair has broken 1.1900 level and declined till 1.18700 at the time of writing, freash 2018 lows. The pair is trading extremly weak and market eyes Fed...

Call Review: Ripple achieves target, XRP/USD makes bearish noise
May 08, 2018 13:29 pm UTC| Research & Analysis Technicals Insights & Views
Weve already highlighted in our recent posts about the bearishness of BTC, ETH and NEM in a close range on Tuesday as these cryptocurrencies continued price dips. BTC is currently trading at around 9327, ETH at 717 and NEM...

US Dollar Index trades slightly above 55- W EMA, jump till 94 likely
May 08, 2018 10:50 am UTC| Technicals
Major resistance - 93 (55- W EMA) US dollar index is continuing its bullish trend for third consective week and broken major resistance 93 (55- W EMA), first time since May 2017. It hits high of 93.08 and is curretly...

FxWirePro: EURUSD trades below 1.1900 level, dip till 1.1715 likely
May 08, 2018 10:16 am UTC| Technicals
EURUSD is continuing its weakness for second consective week. The pair has broken 1.1900 level and declined till 1.18700 at the time of writing, freash 2018 lows. The pair is trading extremly weak and market eyes Fed...

May 08, 2018 10:09 am UTC| Research & Analysis Technicals Digital Currency Insights & Views
NEM (XEMBTC) attempt to bounce back but restrained below 21DMAs, as a result, the pair forms shooting star pattern which is bearish in nature. If you observe the daily plotting, the price behavior of this pair has gone...

FxWirePro: Copper capped below 50-DMA, further weakness on charts, stay short on rallies
May 08, 2018 10:08 am UTC| Technicals
Copper is being dragged lower along with the larger commodity space as USD dollar strength weighs. The pair had been struggling to get past 50-DMA resistance which currently hovers at 3.086. Price has retraced...

FxWirePro: ETHUSD declines slightly on rumors of US regulatory meeting, good to buy on dips
May 08, 2018 09:51 am UTC| Technicals
ETHUSD declined almost more that 15% from the high of $797 made on May 6th2018. Ethereum was in lime light once again after market rumor is that US regulators are scheduled to discuss whether to treat crypto currency as a...