Menu

Search

  |   Digital Currency

Menu

  |   Digital Currency

Search

FxWirePro: ETH/EUR downside capped by 21- EMA, good to buy on dips

ETH/EUR pair has shown slight dip after hitting minor top around 85.99 on May 15th 2017 high (KRAKEN). ETH/EUR declined till 76.62 and slightly recovered from that level. It is currently trading around 80.28 at press time.

Ichimoku analysis of daily chart shows:

Tenkan-Sen level: 76.62

Kijun-Sen level: 66.16

Minor Trend reversal level - (May 1st low) – 61.25

Long-term trend remains to be bullish. ETH/EUR downside capped by 21- EMA and minor weakness below that level.

The major resistance is around 86 (May 15th high) and any break above targets 88/90.91 (100% projection of 44 and 73.66 to 61.25)/94.63. Short term support is seen at 76.62 (daily Tenkan-Sen) and any break below will drag the pair till 73.69 (21 EMA)/66.15 (dailyKijun-Sen).

  • ET PRO
  • Market Data

Market-moving news and views, 24 hours a day >

May 26 14:30 UTC Released

USECRI Weekly Annualized*

Actual

5.1 %

Forecast

Previous

5.0 %

May 26 14:30 UTC Released

USECRI Weekly Index*

Actual

144.1 %

Forecast

Previous

144.5 %

May 28 15:00 UTC 20832083m

SAM3 Money Supply YY*

Actual

Forecast

Previous

0.0 %

May 28 15:00 UTC 20832083m

SAPvt Sector Loans YY*

Actual

Forecast

Previous

-0.1 %

May 29 08:00 UTC 31033103m

EZLoans to Households*

Actual

Forecast

Previous

2.4 %

May 29 08:00 UTC 31033103m

EZLoans to Non-Fin

Actual

Forecast

Previous

2.3 %

May 29 08:00 UTC 31033103m

EZMoney-M3 Annual Grwth*

Actual

Forecast

5.2 %

Previous

5.3 %

May 29 23:30 UTC 40334033m

JPAll Household Spending MM*

Actual

Forecast

1.1 %

Previous

-2 %

May 29 23:30 UTC 40334033m

JPAll Household Spding YY*

Actual

Forecast

-0.7 %

Previous

-1.3 %

May 29 23:30 UTC 40334033m

JPJobs/Applicants Ratio

Actual

Forecast

1.46 %

Previous

1.45 %

Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.