FxWirePro: AUD/USD trades flat as market assess weak consumer sentiment data 
FxWirePro: GBP/AUD edges lower, vulnerable to more downside 
FxWirePro: AUD/USD remains bid despite Middle East conflict 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/CAD extends decline, vulnerable to more downside 
Bitcoin Consolidates Near $78K: Will Strong ETF Inflows Trigger a Breakout to $90K? 
Major Pair Currency Score: USDCAD Extremely Bearish, USDCHF and AUDUSD Bullish 
JPY Major Currency Score: All Pairs Extremely Bearish 
FxWirePro: GBP/USD edges lower amid geopolitical tensions and inflation fears 
Add as a preferred source on Google
- BNB/USD: Buy the Dip for a Potential Surge to $1000?
BNB/USD is consolidating after a minor pullback. It hit an intraday high of $672.17 and is currently trading around $666.53.
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.Any breakout above this resistance confirms bullish momentum and a jump to could suggest bullish momentum, with further gains possible towards $730/$800/$1000. Near-term resistance is around $680.
Indicators (4-Hour Chart)
- Directional Movement Index: Neutral
- CCI (50): Neutral
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.
