FxWirePro- Major Pair levels and bias summary 
GBPJPY Stuck in Tight Range – Neutral Bias Persists Despite Bullish EMAs 
FxWirePro: AUD/USD firms slightly, but downward resumption looks likely 
FxWirePro: NZD/USD advances as hawkish outlook by a top policy maker boosts kiwi dollar 
FxWirePro :USD/JPY bulls loosen their grip a bit, dips to be bought 
NZDJPY Smashes 4-Month High on Kiwi Buying Frenzy – Bullish Setup Remains Strong 
EUR/JPY Poised to Slide — Sell Rallies into 185.30 with Eye on 183" 
GBPJPY Bullish on Consolidation: Holds Above 216 After 218 Top – Buy Dips at 217 Targeting 220 
BTCUSD is trading flat since the markets are watching for further developments in the ceasefire negotiations between the United States and Iran in Islamabad. It peaked at $72875 yesterday and is currently trading at about $71421.
|
Technicals |
CMP -$71421 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
$68952 |
CMP> 55 EMA |
Bullish |
|
200- EMA |
$69274 |
CMP >200- EMA |
Bullish |
|
365- EMA |
$71432 |
CMP< 365 EMA |
Bearish |
Major support- $64000/$60000/$52500/$50000. Minor bullishness only above $73000. Any break above targets $74500/$76200/$80000/$85500.
|
Momentum indicator (4-hour chart) |
Inference |
Value |
|
CCI(50) |
Bullish |
123 |
|
ADX |
Bullish |
Strength increased from 38 to 39.63 |
It is good to buy on dips around $70000 with SL around $67000 for a TP of $80000.
