UK Economy Accelerates, But GBP/JPY Stays Capped – Sell Toward 206 
FxWirePro: EUR/NZD advances as kiwi weakness after RBNZ's Breman comments 
FxWirePro: NZD/USD sidelined ahead Of key New Zealand GDP and US inflation update 
FxWirePro: NZD/USD downside pressure builds, key support level in focus 
FxWirePro: EUR/NZD edges lower but bullish outlook persists 
FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data 
FxWirePro- Major European Indices 
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path 
Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance 
FxWirePro: EUR/CAD gaining momentum for a move towards 1.6250 level 
FxWirePro:USD/JPY neutral in the near-term, scope for downward resumption 
BNB/USD has been consolidating in a narrow range between 793 and 768.50 for the past two days. It hits an intraday high of $790 and is currently trading around $788.20.
Short-term trend remains bullish as long as the support $698 holds. It trades above the 55 and 34, below the 200 and 365 EMA on the 1-hour chart. Near-term support is around $729; any close below targets $700/$670/$650/$644/$628/$598. If the pair closes below $500, potentially lead to further declines towards $400.
Immediate Resistance is at $780.Any breakout above this resistance confirms bullish momentum and a jump towards $800/$820/$830/$862/$900/$1000.
Indicators ( 1-hour Chart)
Directional Movement Index: Bullish
CCI (50): Bullish
Trading Strategy
It is good to buy on dips around $700 with a stop-loss set at $600 and a target price of $1000.
