The daily ETH/USD chart is trending above the SMA 20 and SMA 50 curves. The MACD indicator shows four straight bullish sessions of increasing intensity. ETH/USD daily chart The bears remained in control for the second day in a row. ETH/USD is trending in a downward channel formation as the price went down from $191.85 to $190 so far today. The price is floating above the 20-day and 50-day Simple Moving Average (SMA 20 and SMA 50) curves. The Moving Average Convergence/Divergence (MACD) indicator shows four straight bullish sessions of increasing intensity. ETH/USD four-hour chart The four-hour ETH/USD chart has broken below the support provided by the upward trending line and is floating above the green Ichimoku cloud. The SMA 20 has crossed over the SMA 200 curve, which is a bullish sign. The Relative Strength Index (RSI) indicator was looking to enter the overbought zone, before dropping to 62.50. ETH/USD hourly chart The hourly chart has dropped below the upward trending line as well. The latest session has taken the price below the SMA 20 curve and has found support at the SMA 50. Along with this, the 20-day Bollinger jaw has narrowed, indicating low market volatility, while the Elliott Oscillator has had two straight bearish sessions. Key Levels 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 Forex News Today: Daily Trading News share Read Next Gold steady below $1500’s as positive case from geopolitics firm-up FX Street 4 years The daily ETH/USD chart is trending above the SMA 20 and SMA 50 curves. The MACD indicator shows four straight bullish sessions of increasing intensity. ETH/USD daily chart The bears remained in control for the second day in a row. ETH/USD is trending in a downward channel formation as the price went down from $191.85 to $190 so far today. The price is floating above the 20-day and 50-day Simple Moving Average (SMA 20 and SMA 50) curves. The Moving Average Convergence/Divergence (MACD) indicator shows four straight bullish sessions of increasing intensity. ETH/USD four-hour chart The four-hour ETH/USD chart has… 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.
