FxWirePro: USD/ZAR gains some upside as rand weakens after sour local jobs data 
FxWirePro: EUR/AUD downside pressure builds, key support level in focus 
FxWirePro: GBP/USD slide extends as UK political tumult intensifies 
Ether on the Edge: Ethereum Struggles Below USD 2,300 Amid Market-Wide Cooling 
FxWirePro: AUD/USD softens slightly as market focus on U.S.-China meeting 
FxWirePro: EUR/AUD downward momentum remains in place 
Ethereum at a Crossroads: ETH Holds Above USD 2300 as Bulls Eye a Trend Reversal 
FxWirePro: GBP/USD dips as UK political tensions drag pound lower 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/CAD gains some ground but bias is bearish 
FxWirePro: EUR/ NZD dips towards 1.9700 level ,scope for further downside 
Ethereum’s Momentum Stalls: ETH/USD Finds Support Near Critical Levels Amid Market Pullback 
Risk-Off Cooling: Bitcoin Consolidates Above USD 80,000 Support 
Yen Retreats: AUDJPY Hits Three-Day Winning Streak as Bullish Momentum Surges 
ETHUSD trades below $2300 following the footsteps of BTC. It touched an intraday low of $2232 and is currently trading at approximately $2253.
|
Technicals |
CMP -$2253 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
$2306 |
CMP<55 EMA |
Bearish |
|
200- EMA |
$2289 |
CMP <200- EMA |
Bearish |
|
365- EMA |
$2274.90 |
CMP <365 EMA |
Bearish |
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) |
Bearish |
-135.90 |
|
ADX |
Neutral |
Strength increased from 24.59 to 29.51 |
It is good to buy on dips around $2200 with SL around $2000 for a TP of $2770.
