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Crypto Correction Deepens: BTC Trades Weak at $66.6K, Major Support at $60K 
FxWirePro: USD/CAD inches higher, set to stay on back foot 
FxWirePro: GBP/USD retreats slightly but trend is still bullish 
USDCHF Bears Eye Deeper Slide: Sell Rallies as Cooling US Inflation Fuels Franc Strength 
FxWirePro: USD/ZAR gains some ground but outlook still bearish 
NZDJPY Bears Reload: Sell the Rally as Pullback Stalls Near Key Resistance 
FxWirePro: GBP/AUD recovers slightly, upside limited 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Woodies Pivot(Major) 
$2000 Ceiling Holds Firm: Sell ETH Rallies to $2068–70 Now 
FxWirePro : GBP/NZD hovers around 2.2575 downtrend looks likely to resume 
FxWirePro: AUD/USD runs out of steam but maintains bullish outlook 
ETHUSD has been consolidating in a narrow range between $2150 and $1742 for the past 2 weeks. Yesterday's high was $2038, and it is now trading near $1964.51.
|
Technicals |
CMP -$1964.51 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
$1976.96 |
CMP < 55 EMA |
Bearish |
|
200- EMA |
$2011 |
CMP < 200- EMA |
Bearish |
|
365- EMA |
$2102 |
CMP < 365 EMA |
Bearish |
Major support- $1700/$1500. Minor bullishness only above $2150. Any violation above targets $2300/$2380.
|
Momentum indicator (1-hour chart) |
Inference |
Value |
|
CCI(50) |
Bearish |
-45.72 |
|
ADX |
Neutral |
Strength - 10.42. Declined from 11.55 |
It is good to sell on rallies around $2068-70 with SL around $2200 for a TP of $1750/$1500.
