Ethereum Technical Outlook: ETH Braces for Support as Bulls Eye the USD 2,200 Buy Zone 
FxWirePro: USD/CNY hits fresh three-year low, scope for further downside 
FxWirePro: USD/ZAR slips as rand gains on U.S.-Iran peace deal hopes 
FxWirePro: NZD/USD loses momentum but bullish setup remains 
FxWirePro: USD/JPY neutral in the near-term, scope for downward resumption 
FxWirePro: USD/CAD gains some momentum as weak Canadian jobs data weighs on loonie 
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path 
FxWirePro: GBP/USD rises as UK political uncertainty fails to dent pound strength 
FxWirePro: AUD/USD soften slightly but trend is still bullish 
FxWirePro- Major Pair levels and bias summary 
BTCUSD dropped some of its gains when President Trump rejected the US-Iran deal. Yesterday, it reached an 824500 dollar peak and is now trading at about 81095 dollars.
|
Technicals |
CMP -$81095 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
$80078 |
CMP>55 EMA |
Bullish |
|
200- EMA |
$76966 |
CMP >200- EMA |
Bullish |
|
365- EMA |
$75525 |
CMP>365 EMA |
Bullish |
Major support- $76000/ $74800/$74000/$73290/$70000/$67000/$64000/$60000. Minor bullishness only above $83000. Any break above targets $85890/$90000.
|
Momentum indicator (4-hour chart) |
Inference |
Value |
|
CCI(50) |
Bullish |
32.71 |
|
ADX |
Bullish |
Strength increased from 29.80 to 42 |
It is good to buy on dips around $80000 with SL around $78000 for a TP of $90000.
