Market Outlook: Crypto Score Signals Extremely Bullish Structure Across BTC, ETH, SOL, and BNB 
FxWirePro: USD/CNY extends fall as yuan firms on exports, inflation data 
JPY Major Currency Score: All Currencies Extremely Bearish 
Major Pair Currency Score: EURUSD Extremely Bullish, AUDUSD Bullish, USDCAD Extremely Bearish 
Hammer and Bullish Divergence Signal Potential AUDJPY Rebound 
FxWirePro: USD/ZAR downside risk builds after SA Q2 GDP contraction 
FxWirePro: USD/CAD gains some upside momentum but still bearish 
Major Pair Currency Score: USDCAD Extremely Bearish, USDCHF and AUDUSD Bullish 
FxWirePro- Woodies Pivot (Major) 
Add as a preferred source on Google
BNB/USD is consolidating in a narrow range between $645.30 and $605 for the past one week. It hit an intraday low of $631 and is currently trading around $632.30.
Overall bias remains bullish as long as support $500 holds. It trades above the 34 and 55 EMA on the 4-hour chart. If the pair closes below $500, potentially leading to further declines towards $400.
Immediate Resistance is at $645. A successful breakout above this resistance could suggest bullish momentum, with further gains possible towards $678/$700/$730.
Indicators (4-Hour Chart)
- Directional Movement Index: Neutral
- CCI (50): Bullish
Trading Strategy
It is good to buy above $645 with a stop-loss set at $600 and a target price of $730.
