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03/23/2018 01:06 PM
Technical Analysis – GBPJPY builds base around 23.6% Fibonacci mark and the short-term ascending trend line
GBPJPY has reversed back down again after finding resistance at the one-month high of 150.30 achieved this week. The price plunged below the 38.2% Fibonacci retracement level of the downleg from the February 2 high of 156.60 to the March 2 low of 145 ...
03/23/2018 10:13 AM
Cardano Price Technical Analysis – ADA/USD Bearish Below $0.20
ADA price faced a strong selling interest near $0.2240 and declined against the US Dollar (tethered). There was a break below a crucial ascending channel with support at $0.2060 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair ...
03/23/2018 08:05 AM
Technical Analysis – USDCAD facing strong selling interest; pullback on 9-month high of 1.3123
USDCAD plummeted aggressively on Wednesday after the pullback to the 61.8% Fibonacci retracement level near 1.3130 of the downleg from 1.3800 to 1.2060. The price came under heavy selling pressure after hitting a 9-month high. However, during yesterday ...
03/23/2018 07:55 AM
Ripple Price Technical Analysis – Can XRP/USD Hold $0.6100?
Ripple Price Technical Analysis XRP USD. Above $0.6400, the next hurdle is at $0.6500, followed by a major bearish trend line forming with resistance near $0.6850 on the hourly chart of the XRP/USD pair. Moreover, the 100 hourly SMA is at $0.6700 to ...
03/23/2018 06:35 AM
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LTCUSD Technical Analysis for 03/23/2018 – How Low Can It Go?
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LTCUSD is bouncing off its descending channel resistance and looks ready to resume the drop to support. However, technical indicators are suggesting that the selloff is overdone. The 100 SMA just crossed above the longer-term 200 SMA to signal that the ...
03/23/2018 05:16 AM