Bitcoin is currently trading within a downward channel at $56,551, with immediate resistance at $59,329. The 50-day EMA at $58,225 and RSI of 41 suggest bearish momentum. If BTC breaks below $55,573, the next supports are $54,000 and $52,138. Watch for a breakout above $57,445, which could change the trend to bullish. For now, the bias remains bearish under the...
AUD/USD is consolidating below the 50-day EMA, with a series of Doji candles signaling indecision. A break below the 0.6710 support could spark further selling pressure, targeting the 0.6670 level. The RSI is holding below 50, reinforcing the bearish outlook.
AUD/USD is consolidating below the 50-day EMA, with a series of Doji candles signaling indecision. A break below the 0.6710 support could spark further selling pressure, targeting the 0.6670 level. The RSI is holding below 50, reinforcing the bearish outlook.
Gold is testing the crucial resistance at $2,500, which aligns with the upper trendline and 50-day EMA. A successful breakout above this level could trigger bullish momentum toward $2,513 and $2,527. However, failure to break above may lead to a pullback toward $2,482 or lower. Keep an eye on RSI as it approaches the 50 level, signaling potential strength.
Given the current market conditions, it would be prudent to consider selling below $0.0000085, especially as the price continues to face trendline-driven resistance. If the bearish momentum persists, we could see further declines toward the next support levels at $0.00000766 and beyond.
EUR/USD at 1.08454, showing a marginal downtrend; pivot at 1.0805. Resistance levels at 1.0865, 1.0920, 1.0985; support at 1.0749, 1.0682, 1.0620. RSI at 43, MACD crossing above signal line, 50-day EMA at 1.0846; trend neutral to slightly bearish.
GBP/USD at 1.27034, showing a slight downtrend; pivot at 1.2644. Resistance levels at 1.2706, 1.2768, 1.2835; support at 1.2585, 1.2516, 1.2449. RSI at 47, MACD slightly bearish, 50-day EMA at 1.2711; market trend neutral to bearish.
Gold price at $2025.62, up by 0.35%; pivot point at $2006 with bullish undertones. Resistance levels at $2022, $2035, $2050; support at $1994, $1977, $1962. RSI at 53, MACD above signal line, and 50-day EMA at $2021 hint at potential upward momentum.
📈 #BitcoinPricePrediction: BTC edges up to $42,160, a 0.32% rise. Market cap in billions, supply in millions. Pivot at $42,161 with resistance up to $45,581. Supports at $40,957 & lower. RSI at 60 & 50-day EMA at $40,888 hint at bullish trend. Eyes on FWB:42K + for stability. #CryptoUpdate 🚀💹
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EURUSD Sell Idea Aug 17, 2021 The EUR/USD pair bounces off previous highs around 1.1760 amid a weaker dollar and a moderate rebound in risk appetite. Although a vaccine campaign and growth prospects could undermine any serious attempt by the pair to recover, market participants remain cautious ahead of the pandemic, especially the spread of the Delta variant.