FxWirePro- Major Pair levels and bias summary 
Euro Refuses to Die: EUR/JPY Holds 182.50, Eyes 184 Breakout 
FxWirePro: GBP/USD dips on UK GDP data miss 
FxWirePro: GBP/AUD recovers slightly but bears are not done yet 
AUDJPY Range Play: Hold 102.95 Support, Target 105 on Breakout 
FxWirePro: USD/CAD recovers slightly but trend is still bearish 
FxWirePro: EUR/NZD shows upside momentum, but bearish outlook remains 
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls 
FxWirePro: GBP/NZD ticks down after UK GDP data disappoints 
Sterling Crushed by Double-Contraction GDP – EURGBP Spikes, Next Stop 0.8850–0.8900 
FxWirePro- Major European Indices 
BNB/USD formed a triple bottom near $640 and showed a minor pullback. It hit an intraday high of $673.70 and is currently trading around $667.10.
Short-term trend remains bullish as long as support of $640 holds. It trades above the 55 and 34,200 EMA on the 4-hour chart. Near-term support is around $640(200- 4H EMA) , any breach below targets $630/$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: Neutral
- CCI (50): Bearish
Trading Strategy
It is good to buy on dips around $665 with a stop-loss set at $630 and a target price of $800/$1000.
