News and Market Analysis

Todays Directional Views: Upside for King of Crypto’s BTC.
by
BTC

BTC uptrend continues.

What currencies are set to rebound?

BTC uptrend continues. Here are some of today’s directional views in currencies, crypto and Gold from the global research desks of Trading Central! These are starting points for your own research to identify opportunities that make sense for you. Like what you see? Subscribe to receive our daily newsletter.

Bitcoin / Dollar intraday: the upside prevails as long as 42480 is support

Our pivot point is at 42480.

Our preference:
The upside prevails as long as 42480 is support.
Alternative scenario:
Below 42480, expect 41189 and 40421.
Comment:
The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 42753 and 42168).
Analyst Views Chart

Ether / Dollar intraday: the upside prevails as long as 2937 is support

Our pivot point is at 2937.

Our preference:
The upside prevails as long as 2937 is support.
Alternative scenario:
The downside breakout of 2937 would call for 2810 and 2734.
Comment:
The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 2975 and 2902).
Analyst Views Chart

AUD/USD intraday: under pressure below 0.7274

Our pivot point is at 0.7274.

Our preference:
Under pressure below 0.7274.
Alternative scenario:
The upside breakout of 0.7274, would call for 0.7300 and 0.7316
Comment:
The RSI is below its neutrality area at 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price stands below its 20 and 50 period moving average (respectively at 0.7253 and 0.7246).
Analyst Views Chart

Gold intraday: the downside prevails as long as 1777 is resistance

Our pivot point stands at 1777.00.

Our preference:
The downside prevails as long as 1777 is resistance.
Alternative scenario:
Above 1777, look for 1785 and 1789.50.
Comment:
The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Gold is trading under both its 20 and 50 period moving average (respectively at 1774.80 and 1775.60).
Analyst Views Chart

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