FxWirePro: GBP/AUD extends drop, faces 23.6%fib support 
AUD/JPY Rally Fades: Yen Comeback Turns 109 Zone Into Fresh Shorting Opportunity 
FxWirePro: AUD/USD remains firm In wake of RBA senate testimony 
FxWirePro- Major Crypto levels and bias summary 
GBP/JPY Slips Below 210 as Yen Surge Turns Rallies into Selling Opportunities 
FxWirePro: USD/JPY dips as Japanese Yen firms on intervention talk 
FxWirePro: EUR/ NZD downside pressure builds, key support level in focus 
Crypto Correction Deepens: BTC Trades Weak at $66.6K, Major Support at $60K 
NZD/JPY Slips as Yen Strength Returns: Bears Eye Deeper Drop Toward 90.00 
FxWirePro: NZD/USD edges higher , scope for further upside 
Yen Roars Back: Sell AUDJPY Rallies to 109.30, Eye 106 Target 
BTCUSD showed a minor pullback from the temporary bottom of $65720 made yesterday. It hits an intraday high of $68233 and is currently trading around $68019.
|
Technicals |
CMP -$68015 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
$67895 |
CMP > 55 EMA |
Bullish |
|
200- EMA |
$70564 |
CMP is less than 2200- EMA |
Bearish |
|
365- EMA |
$74252 |
CMP < Value |
Bearish |
In the 4- hour chart, the pair is trading well below short term - $71057 (55-EMA) and long-term- $84992 (365- EMA) and $80396 (200-EMA).
Major support- $64000/$60000/$52500/$50000. Minor bullishness only above $72500.
|
Momentum indicator (1-hour chart) |
Inference |
Value |
|
CCI(50) |
Neutral |
|
|
ADX |
Bullish |
Strength - 15.84. It should cross above 20 level for bullish trend confirmation |
It is good to sell on rallies around $70000 with SL around $74250 for a TP of $60000.
