FxWirePro: NZD/USD steadies around 0.5830,retains bid tone 
FxWirePro- Major Crypto levels and bias summary 
GBPUSD, AUDUSD & NZDUSD Turn Extremely Bullish: Strong Positive Momentum Drives Major Pair Action Bias 
FxWirePro: GBP/USD hits one-month high, scope for further upside 
FxWirePro: AUD/USD remains buoyant, looks to extend gains 
JPY Action Bias: Extremely Bullish Surge Ignites Across NZD, GBP & AUD 
FxWirePro: USD/JPY uptrend loses steam, remains on bullish path 
NZDJPY Bullish Surge: Strong Kiwi Ignites Fresh Upside as 94 Support Holds and All EMAs Align 
FxWirePro: USD/CAD falls after BoC rate hold and weak U.S. producer inflation 
FxWirePro- Major Crypto levels and bias summary 
Crypto Major Pair Action Bias: ETHUSD Bullish as BTCUSD, SOLUSD & XRPUSD Stay Neutral 
HIGHUSD surged more than 15% today after a massive sell-off from high of $9.31. The pair surged more than 100% from a minor bottom $0.344 in past two weeks. It hits an high of $0.77 at the time of writing and is currently trading around $0.639.
Overall bias remains bullish as long as support $0.30 holds. It trades above the 34 and 55 EMA on the 4-hour chart. Near-term support is around $0.58 , any breach below targets $0.48/$0.40. If the pair closes below $0.20, potentially leading to further declines towards $0.15/$0.10.
Immediate Resistance is at $0.80. A successful breakout above this resistance could suggest bullish momentum, with further gains possible towards $1.05/$1.15/$1.38/$1.65.
Indicators (4-Hour Chart)
- Directional Movement Index: Bullish
- CCI (50): Bullish
Trading Strategy
It is good to buy on dips around $0.55 with a stop-loss set at $0.40 and a target price of $0.635.
