Menu

Search

  |   Technicals

Menu

  |   Technicals

Search

FxWirePro: LTC/USD trades slightly higher, good to buy on dips

  • LTC/USD has broken major resistance 150 (200- day MA) and jumped till 155 after a 70% decline from temporary top around $370 made on Dec 19th 2017 high. The pair has formed major double bottom around 106 and shown a good jump of more than 40% and is currently trading around 152.20.
     
  •  The near term solid resistance is around 150 (200- day MA) and any close above will take the pair to next level till 175/195 (Mar 10th high).
     
  • On the lower side, any break below 105 confirms bearish continuation and a decline till 89/73 is possible.

It is good to buy on dips around 135-40 with SL around 125 for the TP of 175/195.             

 

 

  • ET PRO
  • Market Data

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

2018-08-21 16:54:03
0m

August 21 12:55 UTC Released

USRedbook YY

Actual

4.7 %

Forecast

Previous

4.5 %

August 21 12:55 UTC Released

USRedbook MM

Actual

0.2 %

Forecast

Previous

0.1 %

January 31 00:00 UTC 291968291968m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 291968291968m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 303788303788m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 291968291968m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 303788303788m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 291968291968m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 291968291968m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 291968291968m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

Close

Welcome to EconoTimes

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