NZDJPY Extremely Bullish Above 94: Broad NZD Buying Fuels Fresh Upside – Buy Dips at 93.70 Targeting 95 
Crypto Major Pair Action Bias: ETHUSD Bullish as BTCUSD, SOLUSD & XRPUSD Stay Neutral 
FxWirePro: AUD/USD remains buoyant, looks to extend gains 
FxWirePro: GBP/USD advance after softer US inflation dims Fed rate hike bets 
FxWirePro: GBP/USD hits one-month high, scope for further upside 
FxWirePro:EUR/NZD dips below lower range, bearish bias increases 
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure 
EUR/JPY Poised to Slide — Sell Rallies into 185.30 with Eye on 183" 
BTCUSD jumped more than $5000 yesterday as institutional demand increased. It hits an high of $74100 and is currently trading around $73175.
|
Technicals |
CMP -$73118 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
$68220 |
CMP > 55 EMA |
Bullish |
|
200- EMA |
$71196 |
CMP >200- EMA |
Bullish |
|
365- EMA |
$76288 |
CMP >365 EMA |
Bullish |
Major support- $64000/$60000/$52500/$50000. Major bullishness only above $76300
|
Momentum indicator (4-hour chart) |
Inference |
Value |
|
CCI(50) |
Bullish |
192.85 |
|
ADX |
Bullish |
Strength increased from 21.70 to 23.45 |
It is good to buy on dips around $70000 with SL around $67000 for a TP of $76250/$80000.
