FxWirePro- Major Pair levels and bias summary 
FxWirePro: NZD/USD falls as stronger dollar weighs on kiwi 
FxWirePro: USD/JPY slips as yen firms after hot Japan's wholesale inflation data 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: EUR/NZD eases after hot US CPI data 
EURUSD Holds Above 1.1600 Despite US CPI, Fed Rate Hike on the Horizon 
AUDJPY Trades in Narrow Range, Bearish Indicators Suggest Selling on Rallies 
FxWirePro- Major Crypto levels and bias summary 
JPY Major Currency Score: All Bearish 
FxWirePro: GBP/USD gains some upside momentum but still bearish 
FxWirePro: USD/ZAR bearish again as upside bias reverses 
FxWirePro: USD/CAD maintains bullish bias with focus on 1.4000 
FxWirePro: GBP/NZD runs out of steam but maintains bullish outlook 
Add as a preferred source on Google
- BCH/USD extends sideways trade, struggles to break above 110-EMA.
- The pair stalled upside below 1600 mark and has slipped lower from 2-month highs at 1567.
- Price action holds above daily cloud and technical studies support upside.
- We evidence a 'Shooting Star' formation on the daily charts which raises scope for weakness.
- That said, breakout above 100-EMA negates bearish bias and raises scope for test of 1700 levels.
- 5-DMA offers immediate support at 1395 ahead of daily cloud at 1135. Break below cloud will we drag lower.
- Major resistance lies at 110-EMA at 1392 ahead of 23.6% Fib at 1473. Decisive breakout at 110-EMA required for further gains.
Support levels - 1395 (5-DMA), 1135 (cloud top), 1073 (21-EMA)
Resistance levels - 1473 (23.6% Fib), 1567 (April 24 high), 1644 (Dec 18 high)
Recommendation: Watch out for breakout at 110-EMA to go long, target 1475/ 1570/ 1640
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest.
