FxWirePro:NZD/USD edges lower, bearish outlook persists 
FxWirePro: USD/CNY edges up as yuan weakens on firmer dollar 
FxWirePro: EUR/AUD neutral in the near-term, scope for downward resumption 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
Bitcoin Reclaims USD 71,000 Milestone: Bullish Sentiment Resurges as Geopolitical Tensions Ease 
FxWirePro: GBP/USD drifts lower , could be on verge of bigger drop 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: GBP/AUD edges lower, downside risk remains 
FxWirePro: USD/CAD remains buoyant, looks to extend gains 
AUDJPY Stalls in Neutral Ground: Bearish Shadows Loom Over the 111.00 Mark 
BNB/USD is consolidating after forming a minor top around $692.70. It hit an intraday high of $675.80 and is currently trading around $675.30.
Short term trend remains bullish as long as support $630 holds. It trades above the 55 and 34,200 EMA on the 4-hour chart. Near-term support is around $630 , any breach below targets $600/$570/$520. If the pair closes below $500, potentially leading to further declines towards $400.
Immediate Resistance is at $700. A successful breakout above this resistance could suggest bullish momentum, with further gains possible towards $730/$800/$1000.
Indicators (4-Hour Chart)
- Directional Movement Index: Bullish
- CCI (50): Bullish
Trading Strategy
It is good to buy on dips around $669 with a stop-loss set at $630 and a target price of $800/$1000.
