Menu

Search

  |   Digital Currency

Menu

  |   Digital Currency

Search

FxWirePro: ETH/USD trades in narrow range, bias neutral

ETH/USD is trading in a narrow range on Thursday between 46 and 49 levels it is currently trading at 48 levels at press time (Kraken).

Ichimoku analysis (Daily chart):

Tenkan-Sen: 46.84

Kijun-Sen: 47.99

The pair is facing strong resistance at 50.00 and only a close above would see further bullishness, targeting 51.90 (March 17 high)/54.97 (March 30 high).

Momentum studies appear neutral and traders are preferred to wait for a confirmed signal on daily charts.

Support is seen at 46.55 (20-DMA) and a close below would drag it to 43.32 (23.6% retracement of 15.56 and 51.90)/41 (23.6% retracement of 5.92 and 51.90 rally).

  • ET PRO
  • Market Data

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

August 16 12:30 UTC Released

USHousing Starts Number MM

Actual

1.155 mln

Forecast

1.220 mln

Previous

1.215 mln

August 16 12:30 UTC Released

USBuild Permits: Change MM

Actual

-4.1 %

Forecast

Previous

9.2 %

August 16 15:30 UTC 130130m

BRForeign Exchange Flows*

Actual

Forecast

Previous

0.361 Bln USD

August 16 23:50 UTC 630630m

JPForeign Bond Investment

Actual

Forecast

Previous

1624.2 bln JPY

August 16 23:50 UTC 630630m

JPForeign Invest JP Stock

Actual

Forecast

Previous

-37.7 bln JPY

August 16 23:50 UTC 630630m

JPExports YY*

Actual

Forecast

13.6 %

Previous

9.7 %

August 16 23:50 UTC 630630m

JPImports YY*

Actual

Forecast

17.0 %

Previous

15.5 %

August 16 23:50 UTC 630630m

JPTrade Balance Total Yen*

Actual

Forecast

392.0 bln JPY

Previous

439.9 bln JPY

August 17 01:30 UTC 730730m

AUFull Time Employment*

Actual

Forecast

Previous

62.0 k

August 17 01:30 UTC 730730m

AUEmployment*

Actual

Forecast

20.0 k

Previous

14.0 k

Close

Welcome to EconoTimes

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