XMR/USD is trending in a downward channel formation and below the SMA 20 and SMA 50 curves. The Elliott Oscillator has had a green session following 17 straight red sessions. XMR/USD daily chart XMR/USD went up from $66 to $67.45 as price consolidation below the $69-level continued this Wednesday. The price is trending in a downward channel formation and below the SMA 20 and SMA 50 curves. The SMA 50 is on course of crossing over the SMA 20, which is a bearish sign. The MACD indicator shows decreasing bearish momentum, while the Elliott Oscillator has had a green session following 17 straight red sessions. Finally, the RSI indicator has gone up slightly from 39.33 to 41.25 in the early hours of Wednesday, following bullish price action. 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 EUR/USD: Off two-month highs as US yields recover, focus on risk sentiment FX Street 3 years XMR/USD is trending in a downward channel formation and below the SMA 20 and SMA 50 curves. The Elliott Oscillator has had a green session following 17 straight red sessions. XMR/USD daily chart XMR/USD went up from $66 to $67.45 as price consolidation below the $69-level continued this Wednesday. The price is trending in a downward channel formation and below the SMA 20 and SMA 50 curves. The SMA 50 is on course of crossing over the SMA 20, which is a bearish sign. The MACD indicator shows decreasing bearish momentum, while the Elliott Oscillator has had a green session… 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.
