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Smoothedmovingaverage

EURNZD finding support at the daily 20SMASimilar to the previous 2 posts regarding GBP pairs, EURNZD is currently riding support at the daily 20SMA (overlayed on this 1H chart). The hourly RSI is also indicating this pair is oversold. RBNZ is expected to cut interest rate tomorrow by another 25 basis points which could be the catalyst to realizing this potential bullish move. Recent weakness in the NZD came after the latest interest rate cut, and if further dovish comments follow the interest rate decision tomorrow, this pair could retest the 2.03xx high hit in late September.
Long
by BorrowedClothes
GBPAUD finding support on Weekly 50SMASimilar to the previous post regarding GBPJPY, the British pound is finding support at the weekly 50SMA (overlayed on this 4H chart) after a long sell off indicated in the RSI. Cautiously bullish on GBPAUD considering recent strength in the Aussie dollar due to gold hitting new ATHs (and commodities rallying in general). Approach this with expectations of lots of rejections and chop as price action breaks through the daily moving averages wedged between the 50 and 20 weekly SMA (daily and weekly SMAs overlayed on the 4H chart). This could potentially bounce to retest the weekly 20 currently at 2.06 area.
Long
by BorrowedClothes
Bitcoin 1D Trend AnalysisAnother simple analysis / update on our trend (Not a price prediction - as I don't like to do that). Under the 50 simple moving average (Green to red line) = BEARISH Still trading well under the 200 daily simple moving average (blue to orange line), which is a historical indicator for what kind of trend we are currently in = BEARISH For the first time since this downtrend from ATH, we are now trading underneath the 200 daily smoothed moving average (Yellow line) that has now become resistance = BEARISH Both the wick and the candle have failed to break back above the 200 smoothed moving average. If next daily candle continues underneath this line, I imagine we will have more downtrend coming until confirmation says otherwise. 17 hours from now will tell the story. As always, trade safe. Do your own charting. Follow your experience, not others. Good luck!
COINBASE:BTCUSD
by DashingSixty