EURJPY erases some gains Stochastic and RSI head down EURJPY has found strong resistance near the 38.2% Fibonacci retracement level of the down leg from 175.37 to 154.40 at 162.30, which overlaps with the 50-day simple moving average (SMA). A downside movement may drive traders towards the 20-day SMA at 159.90 ahead of the 23.6% […]
Key Highlights Bitcoin price crashed below the $60,000 and $58,500 support levels. BTC is trading below a key bearish trend line with resistance at $60,500 on the 4-hour chart. Ethereum tested the $2,850 support before there was an upside correction. Gold prices started a downside correction from the $2,392 level. Bitcoin Price Technical Analysis Bitcoin […]
The post Bitcoin Strives for Recovery: Will It Overcome Major Roadblocks? appeared first on Action Forex.
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