Analyzes

Bitcoin continued to slide on Monday, with a death cross, weak price action, and institutional selling pushing the market toward key support at $92,500.

GBP/JPY bounced back strongly on Monday, with bullish momentum building toward ¥205 as Japan’s financial pressures keep pullbacks limited to support zones like ¥202 and ¥200.

EUR/USD continued to drift lower on Monday as sellers rejected the 50-day EMA, with downside targets near 1.14 and 1.11 amid renewed dollar strength and Eurozone fragility.

GBP/USD continues to stall near 1.32, with bearish momentum building as traders eye 1.30 and 1.2750 if downside pressure accelerates.

The AUD/USD pair finds some support ahead of the 200-day Simple Moving Average (SMA) during the European session and recovers modest intraday losses to a nearly two-week low, touched earlier this Tuesday.

EUR/USD started the week under bearish pressure and closed in negative territory on Monday. The pair stays in a consolidation phase at around 1.1600 in the European morning on Tuesday, as the souring risk mood helps the US Dollar (USD) hold its ground.