FxWirePro- Major Crypto levels and bias summary 
FxWirePro: USD/CAD recovers slightly but trend is still bearish 
Bitcoin Holds the Line at 90k: Sideways Grind with an Eye on 100k Breakout 
FxWirePro- Major European Indices 
AUDJPY Range Play: Hold 102.95 Support, Target 105 on Breakout 
Sterling Crushed by Double-Contraction GDP – EURGBP Spikes, Next Stop 0.8850–0.8900 
Bitcoin Yawns at Fed Cut – Coiled Tight at $92K: $90K Hold = Straight Shot to $100K 
FxWirePro: USD/JPY caught in narrow range, bias bearish 
FxWirePro: EUR/AUD moves higher following downbeat Australian jobs report 
BNB/USD surges sharply as Bitcoin reaches a new all-time high. It hits an intraday high of $691.40 and is currently trading around $690.46.
The short-term trend remains bullish as long as support at $598 holds. It trades above the 55 and 34, 200 and 365 EMA on the 4-hour chart. Near-term support is around $670; any close below targets $650/$644/$628/$598/$570/$520. If the pair closes below $500, potentially lead to further declines towards $400.
Immediate Resistance is at $700.Any breakout above this resistance confirms bullish momentum and a jump 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 $680 with a stop-loss set at $650 and a target price of $800/$1000.
