FxWirePro- Major Crypto levels and bias summary 
EURJPY Consolidates Above Key EMAs: Mixed Indicators Suggest Cautious Optimism for Traders 
FxWirePro: EUR/ NZD gaining momentum for a move towards 2.0350 level 
FxWirePro- Woodies pivot (Major) 
FxWirePro- Woodies pivot (Major) 
NZDJPY: Bearish Outlook Persists as 92 Resistance Holds Firm 
FxWirePro: USD/JPY advances as intervention fears fail to lift Yen 
FxWirePro: AUD/USD slips to hit three-month low,scope for further downside 
FxWirePro: USD/JPY steadies below 162.00 as Geopolitical risks keep dollar supported 
FxWirePro: NZD/USD holds narrow range, scope for downward resumption 
Bitcoin Pulls Back Amidst Geopolitical Tensions and ETF Outflows, Technicals Signal Caution 
FxWirePro: GBP/NZD remains bullish as rally continues 
FxWirePro: GBP/AUD gaining momentum for a move towards 1.9300 level 
FxWirePro: AUD/USD holds narrow range, focus on near-term support 
FxWirePro- Major Crypto levels and bias summary 
The EURUSD pair is currently trading beneath the 1.1700 threshold, a development attributed to prevalent market anxieties that have notably elevated the demand for assets traditionally considered safe havens. During the trading day, the pair recorded its lowest point at 1.16797, and its present valuation hovers approximately at 1.16912.
|
Technicals |
CMP -1.16898 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
1.17255 |
CMP <value |
Bearish |
|
200- EMA |
1.17354 |
CMP < value |
Bearish |
|
365- EMA |
1.17053 |
CMP <value |
Bearish |
Major support- 1.1700/1.1660/1.1600. Near-term resistance-1.1800/1.18500/1.1925
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
-111.21 |
|
ADX |
Bearish |
Strength increased from 32.90 to 38 |
It is good to sell on rallies around 1.1728-30 with SL around 1.1770 for a TP of 1.1600.
