{"id":242319,"date":"2024-02-06T17:10:25","date_gmt":"2024-02-06T11:40:25","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=242319"},"modified":"2024-02-06T17:10:25","modified_gmt":"2024-02-06T11:40:25","slug":"correction-could-extend-towards-0-8455-and-0-8385-on-failure-to-defend-0-8490-socgen-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/correction-could-extend-towards-0-8455-and-0-8385-on-failure-to-defend-0-8490-socgen-crypto-news\/","title":{"rendered":"Correction could extend towards 0.8455 and 0.8385 on failure to defend 0.8490 \u2013 SocGen &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<p>\n                        <span class=\"fxs_socialmedia_bar_share_label\">Share:<\/span><\/p>\n<p>EUR\/GBP has experienced a deeper down move after giving up the 200-Day Moving Average (DMA) last month now at 0.8625. Economists at Soci\u00e9t\u00e9 G\u00e9n\u00e9ral analyze the pair\u2019s outlook.\u00a0<\/p>\n<h2 class=\"fxs_headline_medium\">0.8490 is first support<\/h2>\n<blockquote>\n<p>EUR\/GBP is in vicinity to low of last August near 0.8490 which could be an interim support.<\/p>\n<\/blockquote>\n<blockquote>\n<p>Daily MACD has started posting positive divergence denoting receding downward momentum.<\/p>\n<\/blockquote>\n<blockquote>\n<p>The down move has tentatively stalled; retest of 200-DMA near 0.8625 can\u2019t be ruled out. This must be overcome to confirm an extended bounce.<\/p>\n<\/blockquote>\n<blockquote>\n<p>In case the pair fails to defend 0.8490, the phase of correction could extend towards projections of 0.8455 and 0.8385.<\/p>\n<\/blockquote><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: EUR\/GBP has experienced a deeper down move after giving up the 200-Day Moving Average (DMA) last month now at 0.8625. Economists at Soci\u00e9t\u00e9 G\u00e9n\u00e9ral analyze the pair\u2019s outlook.\u00a0 0.8490 is first support EUR\/GBP is in vicinity to low of last August near 0.8490 which could be an interim support. Daily MACD has started posting [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":7899,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[299,201,248,251,246,257,927,255,250,252,247,253,249,256,254],"class_list":["post-242319","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-banks","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-eurgbp","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/242319","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=242319"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/242319\/revisions"}],"predecessor-version":[{"id":242320,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/242319\/revisions\/242320"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/7899"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=242319"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=242319"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=242319"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}