FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
ETH Stands Alone Bullish; BTC, SOL, XRP, BNB Neutral 
JPY Action Bias: Extremely Bullish Surge Ignites Across NZD, GBP & AUD 
FxWirePro- Major Crypto levels and bias summary 
CAD/JPY Surges on Broad-Based Canadian Dollar Buying 
NZDJPY Bullish Surge: Strong Kiwi Ignites Fresh Upside as 94 Support Holds and All EMAs Align 
Gold Loses Steam After Strong U.S. Retail Sales 
FxWirePro: GBP/NZD downtrend loses steam, remains on bearish path 
AUDJPY Bullish Momentum Ignites: Buy Dips Toward 115 Target 
JPY Action Bias: CADJPY Turns Extremely Bullish While Other Pairs Hold Positive Ground 
GBPJPY Bullish Surge: Strong Pound Ignites Fresh Upside on Fed-BOE Policy Divergence as All EMAs Align 
ETH prices pared most of its after SEC action against Coinbase.
It holds below short-term support $1858-$1846 (21 and 55-day EMA).
ETHUSD lost more than $150 due to the withdrawal of cbETH in the past two days. According to data for crypto intelligence,27280 cbETH tokens were redeemed on June 6th, and 5% of Coinbase Ethereum balance was withdrawn. It hits a low of $1775 on Monday and is currently trading around $1842.90.
Major economic data for the day
June 8th, 2023, US initial jobless claims (12:30 pm GMT)
The bullish invalidation can happen if the pair closes below $1570. On the lower side, the near-term support is $1775. Any break below targets $1735/$1660/$1570/$1365. Significant downtrend if it breaks $800.
The immediate resistance stands at around $1960. Any breach above confirms a minor pullback. A jump to $1973/$2030 is possible. A surge past $2050 will take Ethereum to $2294/$2500.
It is good to buy on dips around $1750 with SL around $1650 for TP of $2400/$2500.
