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FxWirePro: ETH/EUR trades in narrow range, further bullishness above 88 level

ETH/EUR pair is consolidating in narrow range between 85.99 and 76 for the past three days (KRAKEN). It is currently trading around 82.61 at press time.

Ichimoku analysis of daily chart shows:

Tenkan-Sen level: 76.87

Kijun-Sen level: 66.16

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

Long-term trend remains to be bullish. ETH/EUR is facing strong resistance at 88 and any break above targets 94.63/100.

The major resistance is around 88 and any break above targets 90.91 (100% projection of 44 and 73.66 to 61.25)/94.63. Short term support is seen at 76 (daily Tenkan-Sen) and any break below will drag the pair till 72 (21 EMA)/61.25 (May 1st low).

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2018-02-19 16:32:32
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2018-02-19 16:31:45
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2018-02-19 16:30:45
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February 19 13:00 UTC Released

RUReal Wages YY

Actual

6.2 %

Forecast

4.6 %

Previous

4.6 %

February 19 13:00 UTC Released

RURetail Sales YY

Actual

2.8 %

Forecast

3 %

Previous

3.1 %

January 31 00:00 UTC 2853628536m

ARAnnual Primary Balance*

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2016 bln ARS

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Bln AR bln ARS

January 31 00:00 UTC 2853628536m

ARAnnual Primary Balance*

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2016 bln ARS

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Bln AR bln ARS

January 22 19:00 UTC 4035640356m

ARTrade Balance

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Forecast

Previous

-1541 %

January 31 00:00 UTC 2853628536m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 4035640356m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 2853628536m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 2853628536m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 2853628536m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

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