FxWirePro- Major European Indices 
FxWirePro: USD/JPY steadies around 158.75, bias bullish 
FxWirePro: GBP/NZD reverses course, bias back to downside 
Ethereum Joins the Rally: ETH Reclaims USD 2,100 Following Bitcoin's Lead 
FxWirePro- Major Crypto levels and bias summary 
Bitcoin Breaks the $70,000 Barrier: Bulls Target the $80,000 Horizon as Geopolitical Relief Ignites Crypto Markets 
NZD/JPY Rockets as Kiwi Dollar Resilience Defies the Oil Shock 
Aussie Consolidates After Peak: AUDJPY Bulls Eye a Strategic Entry for the 115.00 Target 
Aussie Bulls Charge: AUD/JPY Rallies as Geopolitical Clouds Part 
FxWirePro: GBP/USD climbs to 4 -week high as ceasefire deal gives bulls traction 
FxWirePro:NZD/USD continues to recovers , upside pressure builds 
Ethereum Braces for Volatility: Technicals Turn Bearish as Geopolitical Tensions Loom 
Ripple recovered sharply after a major development in the Ripple vs. SEC case.It hit a high of $0.65806 and is currently trading around $0.58986.
SEC fined a $125 million fine for violating securities law. The fine amount is 94% less than the SEC's demand for $2 billion. closed meeting with XRP on Aug 29th, 2024 to discuss regarding appeal.
Horizontal trend line- $0.750
Downtrend channel resistance- $0.680
Any daily close above $0.830 confirms further bullishness.
The pair holds below the short-term (34 and 55-day EMA) and above the long-term moving average (200-day EMA).
The near-term resistance is around $0.6000, any indicative breach above will take the pair to $0.6320/$0.650/$0.68/$0.75/0.820/0.900/$1. On the lower side, immediate support is $0.55, and any violation below targets $0.50/$0.45/$0.40.
Indicators ( 4- hour chart)
Directional movement index -Bearish
CCI (50)- Bearish
CCI(14)- Bearish
It is good to buy on dips around $0.55 with SL around $0.40 for TP of $1.
