GBPUSD, AUDUSD & NZDUSD Turn Extremely Bullish: Strong Positive Momentum Drives Major Pair Action Bias 
FxWirePro: AUD/USD remains buoyant, looks to extend gains 
FxWirePro: GBP/NZD downtrend slows, but bearish sentiment remains 
FxWirePro: EUR/AUD bears maintain upper hand 
FxWirePro :USD/JPY bulls loosen their grip a bit, dips to be bought 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major Pair levels and bias summary 
BTCUSD Bullish Breakout: Clears 800-EMA After Consolidation, Buy Dips Toward $74,900 
Crypto Major Pair Action Bias: ETHUSD Bullish as BTCUSD, SOLUSD & XRPUSD Stay Neutral 
BTCUSD has formed a bottom around $65000 and showed a minor pullback. It hits an intraday high of $68181 and is currently trading around $67621.
|
Technicals |
CMP -$67757 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
$67182 |
CMP >55 EMA |
Bullish |
|
200- EMA |
$68155 |
CMP < 200- EMA |
Bearish |
|
365- EMA |
$70115 |
CMP < 365 EMA |
Bearish |
Major support- $64000/$60000/$52500/$50000. Minor bullishness only above $70250. Any breach above targets $70935/$72250/$7300/$74450/$75875/$78750/$80000.
|
Momentum indicator (4-hour chart) |
Inference |
Value |
|
CCI(50) |
Bullish |
125.64 |
|
ADX |
Bullish |
Strength increased from 13.32 to 17 |
It is good to buy above $70250 with SL around $67000 for a TP of $75875.
