Ichimoku analysis (Daily chart)
Tenken-Sen- $54800
Kijun-Sen- $55942
BTCUSD has formed double bottom around $47000 and shown a massive recovery. The digital asset has shown a massive sell-off after hitting a fresh all-time high of $64843. It fell below 100- day MA around $49736 for the first time this year. The overall trend is still bearish as long as resistance $64850 holds. The intraday trend is bullish and is holding above 200-H MA. It hits an intraday low of $54006 and is currently trading around $53570.
The near-term resistance is around $54000 (38.2% fib). Any indicative break above targets $5500/$56000. Major trend continuation above $65000.
The pair's minor support is around $49730.A break below will drag the pair down till $47000/$43000 is possible. Significant bearishness only if it breaks $43000.
Indicator (Daily chart)
CAM indicator –Bearish
Directional movement index – Bearish
It is good to sell on rallies around $54500-550 with SL around $56000 for TP of $43000.


Major Forex Pairs Action Bias: GBPUSD and AUDUSD Turn Extremely Bearish
FxWirePro: USD/ZAR firms ahead of Fed interest rate decision
FxWirePro: GBP/AUD gains above 1.9200 level , upside pressure builds
FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/ AUD gains some ground , but remains on bearish path
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption
FxWirePro: GBP/NZD maintains bersish bias with focus on 2.2900 level
FxWirePro: USD/CAD slips after Fed holds rates steady
FxWirePro- Major Pair levels and bias summary
EURUSD Spikes to 1.14306 on Fed Pause as Traders Eye Sell-the-Rally Setup
FxWirePro: GBP/AUD gains some upside momentum but still bearish
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/AUD regains upwards momentum but unable to hold above 50%fib level
EUR/JPY Holds Bullish Bias as Euro Extends Recovery
FxWirePro: GBP/USD edges higher as traders await BoE guidance and UK fiscal clarity 



