FxWirePro: GBP/NZD gaining momentum for a move towards 2.3100 level 
Goldman Sachs: US Dollar Likely to Stay Strong Despite Oil Price Retreat 
Gold's 365-Day EMA Streak Since Oct 2023 Faces Its First Real Test at $3,980 — Break or Bounce to $4,140? 
Geopolitical Shocks That Could Reshape Financial Markets in 2025 
FxWirePro- Major Crypto levels and bias summary 
J.P. Morgan Sees Potential Vestas Guidance Upgrade Amid Strong Wind Energy Demand 
SpaceX Stock Gets $175 Target as Analysts See Massive Growth Ahead 
Sell the Bounce": Gold Rally Stalls Near $4165 as Fed Hawks Slam the Door on Rate Cuts — Targets $4000/$3600 
FxWirePro: AUD/USD drifts lower, uninspired by jobs beat 
NZDJPY Bears Reload as 92 Resistance Caps Bounce; Sell-on-Rallies Eyed Toward 90 
FxWirePro: GBP/USD heads deeper into bear territory, 23.6% fibonacci eyed 
BTC Slips Below $60K as Institutional Demand Dries Up — Bears Eye $59K Support, Rallies to $63K for Shorts 
Fed May Resume Rate Hikes: BofA Analysts Outline Key Scenarios 
Although bitcoin cash (BCHUSD) has attempted to take-off rallies above DMAs on hammer formation, bulls seemed to have exhausted at the stiff resistance levels of $660 levels.
Now, bears are attempting to counter on the failure swings at the stiff resistance. Consequently, the current prices slid below 7DMAs, both leading oscillators are in tandem with the prevailing downtrend (refer daily plotting).
Stiff resistances are observed at $593.80 and $660.10 levels.
Strong supports are seen at $497.97, $477.50 and $408 levels.
On the flipside, the current intermediate trend, has been consolidating above 7 EMAs upon hammer formation at $450.60 levels and engulfing pattern at $571.60 levels but restrained below 21EMAs (refer weekly chart).
Momentum study: Both leading oscillators (RSI & stochastic curves) have been showing downward convergence on daily terms that indicates intensified selling momentum, whereas stochastic is pointing towards bullish risks on weekly terms.
Well, ahead of BCH hard fork (which is scheduled on November 15th), discussions over the prospects of Bitcoin Cash have been observed among its community skewed between two troops.
Upon the decision to implement a 'pre-consensus' protocol in a long-scheduled software upgrade to Bitcoin Cash on hard-fork day.
While Binance has made announcements that it is equipped with the hard fork transition and will manage the issuance of new tokens on behalf of customers. Other major exchanges like Coinbase Pro and Poloniex have also announced assistance for the event which facilitates current Bitcoin Cash holders receive a new 'free' digital asset 1: 1 for held BCH on that date.
Currency Strength Index: FxWirePro's hourly BTC spot index is inching towards -85 levels (which is bearish), hourly USD spot index was at 67 (bullish), while articulating (at 12:40 GMT). For more details on the index, please refer below weblink:
