FxWirePro:EUR/AUD eases but bullish outlook persists 
FxWirePro- Major Pair levels and bias summary 
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865 
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
FxWirePro: GBP/AUD moves lower on weak UK data 
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K 
FxWirePro- Woodies Pivot(Major) 
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212 
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact 
BTCUSD lost its shine after US Fed's hawkish rate pause. Fed kept its rates unchanged at 5-5.25%. The central bank has projected the median federal funds rate from 5.1% to 5.6% (three more 25 bpbs rate hikes in 2023). For 2024 it increased from 4.3% to 4.6%.SEC action against Binance and Coinbase law violations. BTC hits an intraday low of $24813 and currently trading around $24881.
Major economic data for the week
Jun 15th, ECB monetary policy (12:15 PM GMT)
US Core retail sales m/m and Empire State Manufacturing Index (12:30 PM GMT)
Factors to watch for Bitcoin price action-
US markets -
NASDAQ (positive correlation with BTC) - Bullish (neutral for BTC). The correlation between Bitcoin and NASDAQ diverged and 40 -the day correlation dropped to 0.19. Any weekly close above 15000 will take the index to 15300/15500.
According to the CME Fed watch tool, the probability of a 25 bpbs rate hike in July increased to 71.9% from 50.9% a week ago.
Technicals-
Significant support- $24800. Any break below will take it to the next level at $23800/$23300 if possible.
Bull case-
Primary supply zone -$26300. The breach above confirms minor bullishness. A jump to the next level of $ 28500/$30000 is possible.
Secondary barrier- $30000. A close above that barrier targets $37000/$43500.
It is good to buy on dips around $23800 with SL around $20000 for TP of $34000.
