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Crypto Technicals: XMR/USD extends weakness, slips below 100, bias turning bearish

XMR/USD chart - Trading View 

Exchange - Binance

Support: 90.85 (50-DMA); Resistance: 113.32 (5-DMA)

Technical Analysis: Bias turning bearish

Monero fails to track gains in Bitcoin prices, bias is turning bearish.

XMR/USD is extending weakness for the 2nd straight session.

Upside was capped at 88.6% Fib and price action slipped below the $100 mark to hit weekly lows at 95.47.

Technical indicators are turning bearish. Stochs and RSI are on verge of rollover from overbought levels.

5-DMA is showing a turn and volatility is rising on the intraday charts.

Price action is consolidating break below 200H SMA and close below 21-EMA will see further downside.

Failure to close below 21-EMA will see some consolidation before the next directional move.

For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex. 
 

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2019-07-02 15:32:08
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July 2 15:00 UTC Released

DKCurrency Reserves

Actual

449.6 Stale

Forecast

Previous

451.7 Stale

July 2 13:45 UTC Released

USISM NY Biz Conditions

Actual

50 %

Forecast

Previous

48.6 %

January 31 00:00 UTC 764653764653m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 764653764653m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 776473776473m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 764653764653m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 776473776473m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 764653764653m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 764653764653m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 764653764653m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

Close

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