FxWirePro- Major Crypto levels and bias summary 
FxWirePro: USD/CAD maintains bullish bias with focus on 1.4000 
FxWirePro: GBP/NZD runs out of steam but maintains bullish outlook 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: EUR/NZD eases after hot US CPI data 
EUR/USD Defies ECB Rate Hike to Reclaim 1.1600: Technical Setup Points to Buy-on-Dips Opportunity 
FxWirePro: AUD/USD stays defensive ahead of key U.S. inflation data 
Bitcoin Consolidates Near $78K: Will Strong ETF Inflows Trigger a Breakout to $90K? 
FxWirePro- Woodies Pivot (Major) 
Add as a preferred source on Google
- BTC/EUR trades 5.30% lower on the day as crypto markets saw bloodbath on Thursday's trade.
- Major crypto pairs have seen a sharp drop after a prolonged period of sideways trade.
- Today's drop has likely kick-started a bearish move in the pair.
- Technical studies on the daily charts have turned bearish. Stochs and RSI have fallen sharply.
- Price action has broken down the lower Bollinber Band and we see volatility is rising.
- The pair is trading in a 'Symmetric Triangle' pattern and finds strong support at triangle base at 5355.
- Break below 5355 raises scope for test of 5000 levels. Bearish invalidation only on break above Triangle top.
Recommendation: Good to stay short on break below 5355, SL: 5500, target 5000
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.
