
Bitcoin Technical Analysis
Bitcoin shows a strong bullish movement pushing prices above $97,000, and is now seeing some profit-taking.
The price has just broken through the moving averages MA(5) and MA(10) and is currently sitting right on the 30-period moving average, which is acting as dynamic support. If price breaks below this level, a deeper correction to $94,000 is likely.
A bearish divergence is forming on MACD. While the price made a higher high, the MACD made a lower high. Overall, a retest of the $94,000 support zone appears probable before any further upward movement.
Bitcoin 1H Chart

| Resistance | $97,311 | $98,210 | $99,000 |
| Support | $95,657 | $94,530 | $93,951 |
EURUSD Technical Analysis
Euro is currently in a downtrend on the hourly chart after failing to maintain its recovery high around 1.1700
The pair has given back most of those gains since January 12th. It is currently hovering near the 1.1634 level.
price is moving below the 30-period moving average. The moving averages are beginning to flatten out, suggesting that the aggressive selling pressure is slowing down, but no reversal signal is present yet.
MACD is below the zero line. This suggests a weak bearish bias with low volatility at the moment. Though the outlook for the near term is bearish, price needs to reclaim the 1.1660 area to show signs of a bullish recovery.
EURUSD 1H Chart

| Resistance | 1.1641 | 1.1661 | 1.1677 |
| Support | 1.1625 | 1.1600 | 1.1577 |
Gold Technical Analysis
Gold shows a recent peak near $4,642. followed by a steady decline. After a strong rally earlier in the week, price has formed a series of lower highs and lower lows. It is currently testing a support zone near $4,600.
The shorter-term moving averages have crossed below the longer-term ones, confirming a short-term bearish trend. Price is currently trading below all three lines.
MACD line has crossed below the signal line and is moving deeper into negative territory. We can expect further consolidation or a drop toward the next support level if $4,600 fails to hold.
Gold 1H Chart

| Resistance | $4,630 | $4,643 | $4,700 |
| Support | $4,580 | $4,551 | $4,481 |
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