GBPJPY Bullish on Consolidation: Holds Above 216 After 218 Top – Buy Dips at 217 Targeting 220 
FxWirePro- Major Pair levels and bias summary 
GBPJPY Stuck in Tight Range – Neutral Bias Persists Despite Bullish EMAs 
AUDJPY Extremely Bullish Above 113: Strong AUD Fuels Fresh Rally – Buy Dips at 113 Targeting 115 
FxWirePro: EUR/AUD bears maintain upper hand 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: USD/CNY edges lower , bearish outlook persists 
Major JPY Action Bias — Extremely Bullish Setups in NZD/JPY, AUD/JPY and CAD/JPY 
FxWirePro: GBP/USD advance after softer US inflation dims Fed rate hike bets 
FxWirePro :USD/JPY bulls loosen their grip a bit, dips to be bought 
ETHUSD dropped almost $100 from the small peak of $2405 that developed yesterday. It hit an intraday low of $2308 and is currently trading at roughly $2319.
|
Technicals |
CMP -$2317 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
$2329 |
CMP >55 EMA |
Bearish |
|
200- EMA |
$2248 |
CMP >200- EMA |
Bullish |
|
365- EMA |
$2246 |
CMP >365 EMA |
Bullish |
Major support- $1700/$1500. Minor bullishness only above $2500. Any violation above targets $2770/$2880/$3000.
|
Momentum indicator (4-hour chart) |
Inference |
Value |
|
CCI(50) |
Bullish |
33.21 |
|
ADX |
Neutral |
|
It is good to buy on dips around $2300, with an SL around $2200, for a TP of $2770.
