NZDJPY: Sell the Rallies as Bears Guard 92 and Range Trade Persists 
USD/CHF Bears in Control: Dips Below 0.7870 Signal More Downside Ahead 
FxWirePro: USD/JPY extends falls as Japanese yen extends rally after hawkish BoJ minutes 
AUDJPY Bulls in Control: Buy the Dips Above 103.80 for a Run Towards 106 
FxWirePro: GBP/USD runs out of steam but maintains bullish outlook 
FxWirePro: EUR/CAD slips as firm oil price lift loonie despite soft GDP data 
EUR/GBP Holiday Slumber: Bearish Bias Intact Below 0.8800 Resistance 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: EUR/AUD slips following RBA minutes , plunge to test a key fibo grows 
CAD/JPY Holds Positive Bias Despite Canada’s Sharp GDP Contraction: Buy Dips Toward 116 Target 
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure 
GBP/JPY Stuck in Holiday Neutral: Range-Bound at 210 Ahead of Christmas 
FxWirePro: EUR/NZD downside pressure builds, key support level in focus 
ETHUSD Dip: Prime Buy Zone to $3600 Targets 
FxWirePro: USD/CAD outlook weaker on renewed downside pressure 
FxWirePro: GBP/AUD tracks lower on firmer Australian dollar 
Ichimoku analysis (4-hour chart)
Tenken-Sen- $54874
Kijun-Sen- $54037
BTCUSD has taken support near 21- day MA and recovered more than $2000. The pair is holding well above the short term (21 and 50 day MA) and long term moving average (100 and 200- day MA). The intraday trend is still bullish as long as support $56500 holds. significant weakness only if it closes below the $49300 level. It hits an intraday high of $59814 and is currently trading around $59092.
On the higher side, near-term resistance is around $60000. Any violation above targets $61700. Major trend continuation only above $62000.
The pair's near-term resistance is around $56500.Any violation below will drag the pair down till $55500/$54870 is possible.
Indicator (Daily chart)
CAM indicator – Bullish
Directional movement index – Bullish
It is good to buy on dips around $57000 with SL around $55000 for TP of $61700.
