FxWirePro: ETH/USD struggles told trend line support at 420, stay short
Aug 01, 2018 10:56 am UTC| Digital Currency Technicals
ETH/USD plunged to 412 levels as it breached trend line support joining 360 and 404.22. The pair is down nearly 12 percent so far this week and is currently trading at 420 levels at the time of writing (Coinbase). On...
FxWirePro: BCH/USD fails at 55-EMA, break below 21-EMA at 794 raises scope for further weakness
Aug 01, 2018 10:23 am UTC| Digital Currency Technicals
BCH/USD is extending weakness for the 3rd straight session, cloud weighs on the upside. The pair is trading 1.62% lower on the day at 762, after hitting sessions low at 735. After a brief consolidation price...
FxWirePro: Silver moves in narrow range ahead of FOMC rate decision, downside limited
Aug 01, 2018 09:37 am UTC| Technicals
XAG/USD is currently trading around $15.43 marks. It made intraday high at $15.51 and low at $15.40 levels. Intraday bias remains neutral for the moment. A daily close above $15.60 will test key resistances...
FxWirePro: EUR/USD trades slightly weak, markets await jam- packed US economic data
Aug 01, 2018 09:33 am UTC| Technicals
USDhas pared some of its loss made yesterday . Euro has shown a good jump till 1.1746 on account of better than expected Eurozone inflation.The news that US President Donald Trump is planning to impose 25% import tariff on...
FxWirePro: USD/ZAR remains well supported above 13.00 mark, bias remains bullish
Aug 01, 2018 07:45 am UTC| Technicals
USD/ZAR is currently trading around 13.30 levels. It made intraday high at 13.37 and low at 13.21 levels. Intraday bias remains bullish till the time pair holds key support at 13.02 marks. A daily close...
FxWirePro: NZD/CAD hovers at Triangle Base, decisive break below to see dip till 88.6% Fib at 0.8741
Aug 01, 2018 07:32 am UTC| Technicals
NZD/CAD has shown a break below Triangle Base support at 0.8855, bias bearish. Kiwi dumped across the board after mixed NZ jobs data and China Caxin PMI miss. Data released by Statistics New Zealand showed that...
FxWirePro: BTC/USD finds support at 90-EMA, good to go short on break below
Aug 01, 2018 07:10 am UTC| Digital Currency Technicals
BTC/USD briefly fell below 7500 levels on Wednesday as it broke below 10-DMA support (Bitstamp). The pair is over 10 percent down since it hit near 8300 levels and is currently trading at 7537 levels. According to...
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