SMA 50 is on course to cross-over the SMA 200 and chart the golden cross pattern. The RSI indicator was trending at the edge of the overbought zone before it crept down. EOS/USD daily chart EOS/USD continue to trend horizontally as the price consolidated itself around the $4.20-level. The price is hovering above the red Ichimoku cloud, SMA 20, SMA 50 and SMA 200. The SMA 50, in particular, is about to cross over the SMA 200 to chart the golden cross pattern, which is a heavily bullish sign. The Elliott Oscillator has had four red sessions out of the last five, while the MACD indicates decreasing bullish momentum. The RSI was trending at the edge of the overbought zone but has now crept down. All these indicators show that the bears have control of the market as the price goes through consolidation. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next USD/INR remains above 71.00 after bouncing off two-week low FX Street 2 years SMA 50 is on course to cross-over the SMA 200 and chart the golden cross pattern. The RSI indicator was trending at the edge of the overbought zone before it crept down. EOS/USD daily chart EOS/USD continue to trend horizontally as the price consolidated itself around the $4.20-level. The price is hovering above the red Ichimoku cloud, SMA 20, SMA 50 and SMA 200. The SMA 50, in particular, is about to cross over the SMA 200 to chart the golden cross pattern, which is a heavily bullish sign. The Elliott Oscillator has had four red sessions out of the… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
