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EUR/USD ANALYSIS
Pivot:
1.0845
Our Analysis π
Short positions below 1.0845 with targets at 1.0805 & 1.0790 in extension.
Above 1.0845 look for further upside with 1.0860 & 1.0880 as targets.
Thoughts π
As long as 1.0845 is resistance, look for choppy price action with a bearish bias.
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Key Indicators for Bitcoin Analysis
(Hypothetical Framework)
1. Trend Analysis
-Moving Averages
50-day MA vs. 200-day MA** (Golden Cross/Death Cross).
-
Price above MA = bullish; below = bearish.
- MACD** (12, 26, 9): Bullish momentum if MACD crosses above the signal line.
2. Momentum
- RSI (14-period)
- Overbought (RSI > 70) β Potential correction.
- Oversold (RSI < 30) β Possible rebound.
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