
BTC/USD Forex Signal: Ichimoku Points to More Bitcoin Sell-Off – 21 August 2025
Bitcoin trades near $113K as Ichimoku and a double-top pattern signal bearish momentum, with downside targeting $110K unless $118K resistance breaks.
Bitcoin trades near $113K as Ichimoku and a double-top pattern signal bearish momentum, with downside targeting $110K unless $118K resistance breaks.
AUD/USD trades near 0.6422 support, with a double bottom pattern signaling a potential rebound toward 0.6500 while 0.6350 remains key downside risk.
USD/CAD consolidates near the 200-Day EMA, with a bullish signal targeting 1.3990 while 1.38 serves as key support for risk control.
The New Zealand dollar slid against the US dollar after a rate cut, with NZD/USD breaking 0.5850 and testing 0.58 as sellers target 0.56.
The US dollar continues to grind against the rand, with 17.50 acting as strong support while EMAs signal resistance and traders await Powell’s Jackson Hole speech.
The US dollar is consolidating against the Mexican peso near the 50-Day EMA, with 19.00 as upside resistance while peso strength remains underpinned by higher rates.