FxWirePro- Major Crypto levels and bias summary 
GBPJPY Stuck in Tight Range – Neutral Bias Persists Despite Bullish EMAs 
NZDJPY Smashes 4-Month High on Kiwi Buying Frenzy – Bullish Setup Remains Strong 
FxWirePro: GBP/USD advance after softer US inflation dims Fed rate hike bets 
FxWirePro:EUR/NZD extends fall, key support lies ahead 
AUDJPY Surges Above 112.50 on Aussie Momentum – Bullish EMAs Flash Green but Sell Rallies into 111.30 
FxWirePro: NZD/USD advances as hawkish outlook by a top policy maker boosts kiwi dollar 
FxWirePro- Major Pair levels and bias summary 
FxWirePro :USD/JPY bulls loosen their grip a bit, dips to be bought 
ETHUSD showed minor profit-booking, following in the footsteps of BTC. It touched a high of $2424 yesterday and is currently trading at approximately $2334.
|
Technicals |
CMP -$2415 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
$2334.76 |
CMP<55 EMA |
Bearish |
|
200- EMA |
$2281 |
CMP >200- EMA |
Bullish |
|
365- EMA |
$2267 |
CMP >365 EMA |
Bullish |
Major support- $2200/$1700/$1500. Minor bullishness only above $2500. Any violation above targets $2770/$2880/$3000.
|
Momentum indicator (4-hour chart) |
Inference |
Value |
|
CCI(50) |
Bullish |
28.37 |
|
ADX |
Bullish |
|
It is good to buy on dips around $2300, with an SL around $2200, for a TP of $2770.
