Ichimoku analysis (4-hour chart)
Tenken-Sen- $54726
Kijun-Sen- $55987
BTCUSD is trading in a narrow range between $53320 and $57633 for the past three days. The pair upside has been capped by Kijun-Sen (4H) and intraday bullishness can happen only if it breaks above $55987.Bitcoin was one of the worst performers in past one week and lost more than 20% from its all-time high of $64895.The pair is trading below 4-hour Kijun-Sen, cloud, and Ten-Ken.
The near-term resistance is around $56000. Any indicative break above targets $57371-$57572 (55 and 200 4H EMA) /$57850/$6000/$61700.Major trend continuation above $65000.
The pair's minor support is around $53000.A break below will drag the pair down till $50300/$49300/$46000 is possible. Significant bearishness only if it breaks $43000.
Indicator (4 Hour chart)
CAM indicator –Bullish
Directional movement index – Bearish
It is good to sell on rallies around $55980-6000 with SL around $58000 for TP of $50300/$49300.


AUDJPY Weakness Deepens: Sell Rallies Toward 112 as Aussie Dollar Falters
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/ AUD gains some ground , but remains on bearish path
NZDJPY Pullback: Sell Rallies Toward 93.30 as Yen Weakness Eases
FxWirePro: AUD/USD dips after RBA Governor speech
FxWirePro: GBP/USD edges higher as traders await BoE guidance and UK fiscal clarity
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption
FxWirePro: USD/ CNY remains soft ahead of Fed decision
FxWirePro : USD/JPY holds relatively bid on 163 ahead Of FOMC,BoJ meetings
FxWirePro: AUD/USD falls after softer-than-expected Australian Q2 CPI
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: GBP/NZD maintains bersish bias with focus on 2.2900 level
Crypto Action Bias: ETHUSD Stands Out as the Bullish Pair to Watch
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
FxWirePro: GBP/USD edges lower ahead of Fed policy verdict 



