XMRUSD showed a pullback after a minor sell-off from the temporary top $326. It hits an intraday high of $299.53 and is currently trading around $297.86.
Oscillators and moving averages to forecast the trend of XMR
CMP- $297.72
EMA (4-hour chart)
55-EMA- $291.27
200-EMA- $286.65
365-EMA- $287.07. The pair trades above the short and long-term moving averages.
Previous week low- $282.40 (Sep 22nd low). Any breach below $280 will drag the pair down to $268.50/$253.
Previous week high- $302 (Sep 22nd high). Any break above $302 confirms minor bullishness, a jump to $310/321 (trend line joining $357.59 and 326.89)/$326.89 (Sep 16th high)/$357.59 (Jul 14th high).
Indicators (4-hour chart)
CCI(50)- Bullish
ADX- above 20 showing neutral bias
Investment Strategy for XMRUSD
It is good to buy on dips around $291-92 with a stop loss around $280 for target profits of $326/$357.


FxWirePro: GBP/NZD ticks down after UK GDP data disappoints
FxWirePro: NZD/USD consolidates around 0 .5810,room for further gains
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major European Indices
Bitcoin Yawns at Fed Cut – Coiled Tight at $92K: $90K Hold = Straight Shot to $100K
FxWirePro: USD/JPY slips as yen gains ahead of BOJ meet
FxWirePro: USD/CAD recovers slightly but trend is still bearish
FxWirePro: AUD/USD dips on soft China data
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/CAD gives back chunk of early gains, eyes another drop
FxWirePro: AUD/USD hovers near three –month high, scope for further upside
UK GDP Flops Again: GBPJPY Drops to 207.22 But Bulls Hold the Line – Buy the Dip to 210?
Euro Refuses to Die: EUR/JPY Holds 182.50, Eyes 184 Breakout 



