Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom 
FxWirePro: USD/ZAR recovers slightly but trend is still bearish 
U.S. Pushes for Crypto Regulation to Keep Digital Asset Growth at Home 
FxWirePro: USD/CAD extends decline on broad dollar weakness 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: USD/ZAR edges lower ,investors remain on edge 
FxWirePro: AUD/USD retreats slightly but trend is still bullish 
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path 
FxWirePro: USD/CAD recovers slightly but bearish outlook persists 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/AUD under pressure as key support gives way 
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level 
ETH prices pared most of its after SEC action against Coinbase.
It holds below short-term support $1858-$1846 (21 and 55-day EMA).
ETHUSD lost more than $150 due to the withdrawal of cbETH in the past two days. According to data for crypto intelligence,27280 cbETH tokens were redeemed on June 6th, and 5% of Coinbase Ethereum balance was withdrawn. It hits a low of $1775 on Monday and is currently trading around $1842.90.
Major economic data for the day
June 8th, 2023, US initial jobless claims (12:30 pm GMT)
The bullish invalidation can happen if the pair closes below $1570. On the lower side, the near-term support is $1775. Any break below targets $1735/$1660/$1570/$1365. Significant downtrend if it breaks $800.
The immediate resistance stands at around $1960. Any breach above confirms a minor pullback. A jump to $1973/$2030 is possible. A surge past $2050 will take Ethereum to $2294/$2500.
It is good to buy on dips around $1750 with SL around $1650 for TP of $2400/$2500.
