FxWirePro: GBP/NZD gains some upside momentum but still bearish 
FxWirePro: USD/JPY caught in narrow range, bias bearish 
NZDJPY Poised to Pop: Buy-the-Dip Setup Above Key 90 Support 
FxWirePro: EUR/CAD gives back chunk of early gains, eyes another drop 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: NZD/USD consolidates around 0 .5810,room for further gains 
FxWirePro- Major European Indices 
FxWirePro: USD/CAD recovers slightly but trend is still bearish 
FxWirePro: EUR/AUD moves higher following downbeat Australian jobs report 
Following a significant sell-off from a temporary top of $4955, ETHUSD trades above $3000. Currently trading at $3055, it reached an intraday high of $3075.
Oscillators and moving averages to forecast the trend of ETHUSD
CMP- $3055
EMA (4-hour chart)
55-EMA- $3021
200-EMA- $3000
365-EMA- $2969. The pair trades above short and below long term moving average.
Major Support - $2960. Any breach below $2960 will drag the pair down to $2899/$2855/$2800/$2740/$2600/$2500/$2300.
Major Resistance - $3075. Any break above $3075 confirms minor bullishness, a jump to $3200/$3320/$3458/$3565/$3700/$4000.
Indicators (15-min chart)
CCI(50)- Bullish
ADX- Bullish
5. Investment Strategy for ETHUSD
It is good to buy on dips around $2978-80 with a stop loss around $2740 for target profits of $3540/$3600.
