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FxWirePro: XRP/USD Daily Outlook

  • Major Support -0.6200.
     
  • Ripple is trading weak after hitting high of 0.7250 on Monday. The pair has declined slightly till 0.64190 from the high and is currently trading around 0.65109.
     
  • Any break above 0.7250 confirms minor bullishness, a jump till 0.7800/0.85/0.9055 (50- day MA)/1/1.0275. Any close above 1.0850 will take the pair to next level till 1.200/1.2280. Short term bullishness only above 2.25 level.
     
  • The near term support is around 0.6500 and any break below will drag the pair down till targets 0.6000. Major support at 0.490 (233-day MA) is last hopes for bulls. Any violation below will drag the pair till 0.25/0.15 level. The near term support is around 0.87/0.61.

It is good to buy on dips around 0.6000 with SL around 0.500 for the TP of 0.85/1.  

 

 

 

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April 24 21:00 UTC Released

KRConsumer Sentiment Ind

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107.1 Bln USD

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Previous

108 Bln USD

April 24 19:00 UTC Released

ARTrade Balance

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-611 %

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-1100 %

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903 %

January 31 00:00 UTC 120869120869m

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2016 bln ARS

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January 31 00:00 UTC 120869120869m

ARAnnual Primary Balance*

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2016 bln ARS

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Bln AR bln ARS

January 22 19:00 UTC 132689132689m

ARTrade Balance

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-1541 %

January 31 00:00 UTC 120869120869m

ARAnnual Primary Balance*

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2016 bln ARS

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Bln AR bln ARS

January 22 19:00 UTC 132689132689m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 120869120869m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 120869120869m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 120869120869m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

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