Key Highlights Bitcoin price started a fresh decline below the $17,150 support. It traded below a major bullish trend line with support at $17,280 on the 4-hours chart. Crude oil price climbed higher and broke the $78.00 resistance. The US GDP could grow 2.9% in Q3 2022. Bitcoin Price Technical Analysis Bitcoin price spiked above […]
The post Bitcoin Price Technicals Suggest Fresh Drop To $16K appeared first on Action Forex.
What a week it has been – and it is not over! It started with renewed Middle East tensions, sending oil prices up to $115pb, then tensions eased and markets breathed a sigh of relief Read more…
Daily Pivots: (S1) 212.27; (P) 212.70; (R1) 213.11; More… Intraday bias in GBP/JPY remains neutral and outlook is unchanged. Further decline is expected as long as 214.21 holds. Below 210.43 will target 209.58 support first. Read more…
Daily Pivots: (S1) 183.58; (P) 183.92; (R1) 184.33; More… Intraday bias in EUR/JPY remains neutral for the moment. Risk will stay on the downside as long as 185.02 resistance holds. Break of 182.01 will resume Read more…