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AUDUSD (1HR)
AUDUSD has eased from recent highs as the pair was flat around $0.7000 after dipping roughly 0.3% overnight, pulling back from its three-year peak near $0.7094. The move appears more corrective than impulsive, as the market digests strong prior gains. While near-term momentum has cooled, broader sentiment toward the Australian dollar remains supported. JPMorgan analysts expect the pair to trade toward the $0.7150 level, suggesting there is still some room for upside although gains may be limited
From a technical perspective, the current outlook is looking weak having the pair trading below the EMA200 placing the pair under renewed negative pressure. Price is now hovering above the critical $0.6900 support zone, aligned with longer-term moving averages, making this area significant in deciding the direction of the pair. A hold above this region could validate the pull-back as corrective, while a clean break below it would likely open the door for a deeper retracement.
Newsquawk US Market Wrap Part
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Newsquawk US Market Wrap Part 1
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Stocks take late hit following Amazon earnings
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BTCUSD Daily
Bitcoin lost 75K and now what we are looking at ( this free fall) might be just a beginning of longer wave downward.
Put aside all figures that many “experts” are auctioning on the net, and wishful thinking of those locked in the instrument.
This is pure and simple Liquidation.
First reasonable support comes around 49.500, and if BTC finds some strength prior to it, it would be fantastic…
I am just saying what I’m seeing – not cheering for either side….
XRPUSD Update
When I said earlier today : “Ripple is in freefall – 0.9535 most probable first target.” I didn’t mean today….but right now looks as tomorrow could be a good day for it as any…
Joke aside, Ripple took a dive around 20% today , and with a close coming fast at around these levels , situation for coming 24h is bleak.
A miracle is needed to stop this fall, and I don’t see any.
BTCUSD (BITCOIN) UPDATE
- Meltdown through 70K has seen next support at 66794 tested (low 66529), which was the target following the break of 74301.=
- So despite the volatility, it is performing technically according to my charts although it is near impossible to fine tune exact levels.
- So, support is at 66500-800, below which is a void into the 50-60K zone.
- Otherwise, 70K+ would be needed to slow a risk to this level and below.
BTCUSD WEEKLY CHART
ETHUSD
“Ethereum has set a new on-chain milestone by recording 2.88 million transactions in a single day, the highest in its history.”
Not necessarily a bull signal, in fact the opposite. Increased ETH movement often indicates that more investors are withdrawing funds from wallets, often in large transactions.. Ethereum today is down nearly 10% currently at 1,940 at the time of writing.
Big miss in JOLTS (job openings)
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