Upward Channel Supports Buying Trend

The EUR/USD is steady this week, around 1.1645 at daily resistance, with the US dollar attempting to hold up. Since the dollar index places a one-year high during the last week, investors have grabbed profits as they build expectations for faster rate increases in other currencies. Nevertheless, the dollar regained some of its losses on Friday, and Treasury yields fell, as Federal Reserve Chairman Jerome Powell stated that the US central bank should begin cutting asset purchases shortly but not yet hike interest rates.

However, there were no major shocks in his remarks, although he stated that the effects of global supply-chain restrictions have a longer-term influence on prices. Nonetheless, he believes that inflation will eventually return to 2%. This resulted in an immediate sell-off in US rates, with 10-year UST yields falling dramatically to 1.63 percent. Equities in the United States were also down.

In the United States, the Markit Manufacturing PMI fell more than expected in October, to 59.2 from 60.5 expected. On the other hand, the service index improved more than expected (to 58.2 vs. the expected 55.2). "The effects of supply-chain restrictions were clear in the details, with input price indices climbing to series highs," ANZ Bank analysts explained. "Measures of backlogs and manufacturing timelines were likewise at their greatest levels on record."

Domestically, the preliminary composite PMI for October dipped to 54.3, down from 55.2 predicted. This was mainly due to a decline in the German service PMI activity, which fell by 3.6 points to 52.4. Meanwhile, the EA manufacturing PMI remained relatively constant, dropping 0.1 points to 58.6. "The numbers show that growth in Europe will moderate in Q4, but the recovery will remain intact," ANZ analysts noted. "The composite employment index increased by 1.2 points to 56.1, while the prospective output index increased by 0.3 points to 67.2."

EUR/USD Intraday Technical Levels

Support Resistance

1.1624 1.1659

1.1604 1.1675

1.1588 1.1694

Pivot Point: 1.1659

EUR/USD - Technical Outlook

According to the daily swing chart, the primary trend is down. However, momentum is increasing. A trade through 1.1755 will shift the primary trend to the upside. A break of 1.1524 will signify the resumption of the downturn.

The minor trend is positive. This is fueling the upward momentum. A transaction through 1.1669 indicates that purchasing is becoming more powerful. A break of 1.1572 will shift the minor trend to the downside.

Support is a sequence of 50% levels at 1.1640, 1.1621, and 1.1597 based on the close at 1.1644. Moreover, 1.1909 to 1.1524 is the major range. The retracement zone from 1.1717 to 1.1762 is the next potential upside objective and resistance zone. All the best!

Bitcoin Price Prediction

The BTC/USD ended the day at $60,847.0, having reached a high of $61,471.0 and a low of $59,537. BTC/USD dropped on Sunday, but the losses remained very consolidated amid low trading volume. According to Elvira Nabiullina, governor of the Central Bank of Russia, the bank is not ready to allow the trading of ETFs based on bitcoin futures. This statement came in response to the latest move by the U.S. Securities and Exchange Commission (SEC) to list the bitcoin ETF in the country.

On Tuesday, Oct. 19, the first Bitcoin ETF in the U.S. was launched on the New York Stock Exchange, which reached almost $1 billion in total volume before trading closed. And on Friday, Valkyrie's bitcoin Strategy exchange-traded fund was also listed on Nasdaq. The Central Bank of Russia (CBR) has said that the listing of such instruments comes with an increased risk of losses for less-experienced traders. The CBR has called on brokers and trustees to refrain from offering assets and products related to cryptocurrencies. This news added downward pressure on BTC/USD over the weekend.

Meanwhile, one of the OG supporters of bitcoin, Dan Held, said that China's banning of bitcoin might be the biggest geopolitical mistake of the century. China surprised the crypto space when it suddenly decided to ban cryptocurrency in the country. As the move has taken a very serious step, more and more crypto platforms are exiting the country and continuing their business elsewhere.

Furthermore, Pacaso, a major real estate agency, has stated that it would begin taking cryptocurrency payments from individuals wishing to buy or invest in a second house. Pacaso stated that digital currencies were becoming more mainstream and that investors were hoping to potentially cash in on these assets by acquiring homes to build their fortune. To ensure that transactions are concocted on time, the company has joined Bit Pay, a cryptocurrency payment processing platform. Apart from Bitcoin, other cryptocurrency payments will also be accepted, including ETH, LTC, BCH, DASH, and several other stable coins. This news caped some of the losses on Sunday in BTC/USD.

Mariah Carey has also encouraged her fans to participate in cryptocurrencies by offering $20 in free bitcoin through her linked cryptocurrency exchange. This well-known singer, songwriter, and actress has five Grammy Awards, 19 World Music Awards, and 21 Billboard Music Awards to her name. Carey has teamed with Gemini, a cryptocurrency exchange, to offer a modest amount of free bitcoin to anyone who signs up for a trading account at the crypto exchange and begins investing. This news also helped to limit the decline in the Bitcoin/USD pair on Sunday.

BTC/USD Intraday Technical Levels

Support Resistance

60909.99 65765.77

59227.30 68304.14

56371.50 69986.70

Pivot Point: 63765.70

BTC/USD - Technical Outlook

Bitcoin dropped dramatically to test the support level of 60,360 before rebounding to trade at 61,970 on Monday. On the 4-hour-timeframe, Bitcoin has completed the 50% Fibonacci retracement at 60,362 and a breakout below this level exposes the selling trend until the 61.8% Fibo level of 59,050.

On the bullish side, Bitcoin’s immediate resistance stays at 63,080 level and a bullish breakout of 63,725 level exposes the coin towards 65,275 level. On the 4-hour chart, the leading indicators like RSI and MACD are in support of a bullish trend. While the pivot point is supporting the bullish bias at the 61,525 level on Monday, All the best!

XAU/USD Pivot Point Resistance 1,782

Gold was bullish during the Asia session on Friday morning, on track for its second weekly gain. A falling dollar brought some comfort from higher U.S. bond yields and rising bets that central banks worldwide will soon begin asset cutting.

Gold futures had risen 0.35 percent to $1,788.15. (3:47 AM GMT). The dollar, which typically has a negative correlation and moves in the opposite direction of XAU/USD, fell slightly on Friday. In the month to date, gold has traded in a broad $1,749 to $1,800 range, with gains restricted by a sharp increase in U.S. benchmark 10-year Treasury yields.

According to Fed Governor Christopher Waller on Thursday, the Federal Reserve of the United States should allow its $8 trillion balance sheet to shrink during the next few years. His colleague, Atlanta Fed President Raphael Bostic, stated that he expects strong inflation to continue until 2022 and that the U.S. central bank should raise interest rates by the end of the year. Later in the day, Fed Chairman Jerome Powell will participate in a policy panel discussion.

As per Reuters, the Bank of Japan is debating whether to phase down a COVID-19 loan program if the number of COVID-19 cases in the country continues to diminish. If the central bank decides to phase out the program, it might leave a crucial crisis mode policy sooner than expected.

Meanwhile, according to data issued earlier in the day, Japan's national core consumer price index (CPI) soared 0.1 percent year on year in September. According to the report, the national CPI increased by 0.4 percent month on month and 0.2 percent year on year. Silver rose 0.2 percent to $24.18 per ounce in other precious metals, putting it on track for its sixth weekly rise in a row. Platinum increased by 0.5 percent, while palladium increased by 1%.

GOLD Intraday Technical Level

Support Resistance

1776.81 1789.40

1769.08 1795.93

1763.61 1802.40

Pivot Point: 1782.28

GOLD - Technical Outlook

Gold continues to trade bullish and is now priced at $1,778 per ounce. Technically, gold is trading choppy and the odds of a bullish trend continuation seems probable. The technical side of gold suggests a bullish bias as RSI is still holding above 50 on a 4-hour timeframe.

The daily pivot point level is supporting gold at 1,782, and a breach of that level exposes the metal until the levels of 1,769 and 1,757.On the flip side, gold’s major resistance stays at 1,788 and a bullish crossover of this exposes the metal until the 1,800 level. All the best!

Ethereum Price Outlook

Today, Ethereum narrowly missed surpassing the all-time high (ATH) by less than $5, and it is already prepping for another attempt following a harsh rejection (13 percent drop on Bitstamp). As previously reported, Bitcoin flash collapsed on several exchanges, with the price dropping by 87 percent on Binance US within a split second. This drove down the entire market, although prices appear to be recovering.

After the price was rejected, the bulls swiftly bought the support line at $3,900, demonstrating that this move has the potential to carry us above the critical resistance at $4,380 and is also the ETH all-time high.

Contract holdings across the entire cryptocurrency ecosystem have also reached a new high, over $52 billion. This is an increase of more than 80% since the end of September. Bybt, a cryptocurrency data analytics platform, reveals an increase in ETH contract holdings to $11.82 billion. The Purpose Ether ETF is the world's first Ethereum ETF that is physically settled. The ETF's holdings have climbed to 76,000 ETH, an increase of 11,610.93 ETH tokens.

The surge in the price of ETH, caused by whale accumulation and institutional investment, has increased altcoin's market capitalization. As a result, ETH has provided the highest risk-adjusted gains in the last 24 hours compared to all other altcoins.

With growing on-chain activity, Ethereum is now leading the so-called Ethereum-killers cryptocurrencies such as Solana, Cardano, and Polkadot. Nikhil Shamapant's "triple halving" storyline is a catalyst for a large breakthrough in ETH price.

ETH/USD Intraday Technical Levels

Support Resistance

3934.77 4299.47

3789.03 4518.43

3570.07 4664.17

Pivot Point: 4153.73

ETH/USD - Technical Outlook

The ETH/USD is consolidating in a narrow trading range between 4153 – 4059 range. On the 4-hour timeframe, the ETH/USD has formed an "ascending triangle" pattern that supports the strong upward tren. The upward trendline is supporting the coin at 4110 level. On the higher side, the next resistance stays at the 4299 level and a bullish crossover of 4299 exposes the ETH coin towards the 4518 and 4664 levels.

On the downside, support prevails at the 4008 and 3934 levels. The ETH/USD has already violated the intraday pivot point support level of 4153.73 level and now this is operating as a resistance for the pair. Lastly, the technical tools like RSI and MACD are in support of buying trend. Therefore, the bullish bias dominates above the 4153 level and vice versa. All the best!

Bitcoin Price Prediction

The uptrend of Bitcoin to a new all-time high sparked a flood of activity throughout the market. Crypto assets such as Solana have recaptured levels not seen in months, extending the rise. Ethereum has nearly closed the gap to the all-time high, but it has now retreated to test support at $4,100.

Bitcoin is currently trading at $63,150, having lost over 2% of its value in the last 24 hours. The flagship cryptocurrency reached a fresh all-time high of $67,027, boosting investor confidence in the sector. Most analysts anticipate that Bitcoin will soar above $70,000 in the foreseeable future.

Since the inception of October, the cryptocurrency has increased by more than 50%, surpassing the market capitalization of tech titans such as Facebook and Tesla.

BTC continues to rise after breaching the $64,800 mark set in April and was trading over $66,000 on Thursday evening. It is a stunning comeback for bitcoin, which fell below $30,000 in July. However, later it fell to the $63,000 range on the back of profit-taking.

Other major cryptocurrencies have followed bitcoin's trend, most noticeably Ethereum (ether) and Solana (SOL), both of which are up more than 10% in the previous 24 hours. As a result of the price gains, the whole crypto market cap surpassed its previous record, reaching more than $2.6 trillion.

Several prominent cryptocurrency analysts predict bitcoin is now on the second big leg of a bull run that will bring it above $100,000 by the end of 2021. However, others have warned that another catastrophic meltdown is possible.

BTC/USD Intraday Technical Levels

Support Resistance

60909.99 65765.77

59227.30 68304.14

56371.50 69986.70

Pivot Point: 63765.70

BTC/USD - Technical Outlook

Bitcoin's price has slipped below the pivot point resistance level of 63,765.70 level amid profit-taking. On the 4-hour timeframe, the BTC/USD pair is gaining strong support at the 61,954 level and the closing of candles above this level is demonstrating weakness in the bearish bias. Therefore, Bitcoin’s prices are exposed to the 65,135 and 66,950 levels until they hold above 61,954 support.

A break below 61,954 levels exposes the pair towards 60,570 and 58,650 levels. However, the RSI is holding in a buying zone, supporting a bullish bias in Bitcoin. Alongside, Bitcoin has closed a Doji candle above the 61,954 level and bullish bias dominates due to this, especially above the 61,954 level. On the flip side, bearish bias will dominate upon the breakout of the 61,954 support level. All the best!

XAU/USD Surge Above 1,779 Pivot Point

Gold prices rose as the US dollar fell, amid concerns about rising inflation and supply chain challenges that drove demand for the safe-haven commodity. Spot gold had risen 0.9 percent to $1,785.25 per ounce (1800 GMT). Gold futures in the United States for December closed 0.8 percent higher at $1,784.90 per ounce.

The dollar fell, making gold more desirable to foreign currency holders. "There is widespread anxiety about what is happening with supply constraints and the Federal Reserve's lack of action." "It appears that the Fed is lagging on inflation," said Bob Haberkorn, senior market strategist at RJO Futures. "How will equities continue to make new highs in the face of supply chain and inflation issues?" According to Haberkorn, "there is a flight to safety into gold that will continue for the next few months."

If inflation continues to rise at its present rate in the coming months, Fed Governor Christopher Waller warned on Tuesday, and officials may need to adopt "a more aggressive policy response" next year. Although reduced stimulus and interest rate hikes push up government bond yields, raising the potential cost of keeping non-yielding metal, gold is typically regarded as an inflation hedge.

In addition to helping gold, benchmark 10-year Treasury yields in the United States fell after reaching a five-month high earlier in the day.

According to StoneX analyst Rhona O'Connell, gold's range will shift once it breaches the critical $1,800 per ounce barrier, with the risk leaning to the upside ahead of India's Diwali festival and solid demand in China. In other news, platinum increased 1% to $1,050.50 per ounce. Palladium slid 1.2 percent to $2,072.71 per ounce.

Two Federal Reserve officials in the United States said on Wednesday that while asset tapering should begin soon, it was too soon to raise interest rates. Fed Governor Randal Quarles said he supports an initial effort to begin asset reductions in November 2021, but he also expressed concern about rising inflationary pressures that could necessitate a policy response.

GOLD Intraday Technical Level

Support Resistance

1756.81 1787.01

1744.08 1807.48

1724.61 1819.21

Pivot Point: 1779.28

GOLD - Technical Outlook

Gold’s technical analysis is still mostly unchanged as the market’s focus remains on Bitcoin and the Bitcoin ETF. Thus, gold continues to trade bullish and is now priced at $1,782 per ounce. The technical side of gold suggests a strong bullish bias. The RSI is still holding above 50 and it’s suggesting a bullish trend in XAU/USD on a 4-hour timeframe.

The daily pivot point level is supporting gold at 1,779, and a breach of that level exposes the metal until the levels of 1,769 and 1,757.On the flip side, gold’s major resistance stays at 1,788 and a bullish crossover of this exposes the metal until the 1,800 level. All the best!

Pivot Point to Support at 1.1641

The EUR/USD pair has maintained its positive momentum, reaching its highest daily closing since late September at 1.1650 on Wednesday, aided by further USD weakness. Nevertheless, it is too early to assume that the current rally represents the start of a reversal rather than a correction since traders are reluctant to overlook the European Central Bank's (ECB) dovish policy stance for long. For the time being, technical levels may define the pair's near-term direction.

On Wednesday, Jens Weidmann, a member of the European Central Bank's (ECB) Governing Council and the President of the Bundesbank, announced that he would step down at the end of the year.

Weidmann was a well-known hawk and a vocal critic of the ECB's ultra-easy monetary policy, and his departure implies that the ECB will not encounter strong opposition if it proceeds to minimize eurozone inflation concerns. Additionally, ECB Governing Council member Francois Villeroy de Galhau stated that the ECB could afford to be patient because the inflationary surge is projected to be short. In the meantime, the dollar persists under stress as the Wall Street rise enables risk inflows to completely dominate global markets.

Later today, the US economic docket will include the weekly Initial Jobless Claims, October Philadelphia Fed Manufacturing Survey, and September Existing Home Sales. Moreover, the European Commission will release preliminary Eurozone Consumer Confidence figures at 1400 GMT.

If US stocks reverse course and the benchmark 10-year US Treasury bond yield maintains multi-month highs, EUR/USD may struggle to find buyers. On the other hand, a technical breakout might keep the bullish bias intact ahead of the weekend. Keep the bullish bias intact ahead of the weekend.

EUR/USD Intraday Technical Levels

Support Resistance

1.1625 1.1668

1.1601 1.1683

1.1583 1.1708

Pivot Point: 1. 1641

EUR/USD - Technical Outlook

The EUR/USD is consolidating in a narrow trading range between 1.1666 – 1.1625. On the 4-hour timeframe, the EUR/USD has formed an "ascending triangle" pattern that supports the strong upward trend in the EUR/USD pair. On the higher side, the next resistance stays at the 1.1666 level and a bullish crossover of 1.1666 exposes the EUR pair towards the 1.1683 and 1.1708 levels.

On the downside, support prevails at the 1.1625 and 1.1600 levels. The EUR/USD has already violated the intraday pivot point support level of 1.1641 level and now this is operating as a resistance for the pair. Lastly, the technical tools like RSI and MACD are in support of a selling trend. Therefore, the bearish bias dominates below the 1.1641 level and vice versa. All the best!

Bitcoin Price Prediction

The world's most valuable cryptocurrency, Bitcoin has finally broken above the $64,900 price barrier, setting a new price high above $65,000. The BTC/USD trading pair gained considerable momentum before the US trading session, sparking social media excitement. For example, MicroStrategy CEO Michael Saylor proposed:

"The halls of eternity echo with the cries of those who sold their Bitcoin."

This new price rounds off a historic week for BTC, which saw the popular digital currency outperform several major fiat currencies. Furthermore, Cointelegraph predicts that BTC will rise considerably higher in the weeks and months ahead. However, the site stated that several retracements would be required to create new support levels. This also indicates that prospective bullish traders and investors will have several good entry points into the market.

Furthermore, the greatest forecasts for the short term are now about $300,000 per Bitcoin. Furthermore, several data sources indicate that BTC may continue to outperform altcoins for the foreseeable being. As a result, well-known traders advised against concentrating on altcoin-heavy portfolios. The Valkyrie product, like ProShares, will not invest directly in Bitcoin but instead attempt to purchase a variety of BTC futures contracts. The VanEck Bitcoin Strategy ETF, slated to begin trading on the New York Stock Exchange underneath the ticker XBTF on Monday, October 25, will be the next Bitcoin futures fund to open.

Based on the performance of the ProShares, these two could see considerable demand from large investors seeking exposure to the world's greatest digital asset. The ProShares fund, which debuted on Tuesday, set a new record of $1 billion in total trade during its first day, the nation's second fund in history.

The accolades didn't stop there; BITO accumulated a billion dollars in assets under management (AUM) in its first two trading days. This new record was originally owned by a gold-based fund that surpassed $1 billion in its first three days of operation.

BTC/USD Intraday Technical Levels

Support Resistance

63928.01 67411.77

61951.49 68916.0

60446.10 70893

Pivot Point: 66233.0

BTC/USD - Technical Outlook

Bitcoin's price has risen beyond the $63,500 resistance level. BTC has broken through the crucial $65,000 resistance zone and is trading above the 100 hourly simple moving average. It even broke through the $65,500 resistance and reached a new all-time high of $66,982. It is currently correcting lower and selling under $66,000.

There was a break below the rising wave's 23.6 percent Fib retracement level from the swing low of $61,320 to the high of $66,982. The $64,200 level provides instant support. On the hourly timeframe of the BTC/USD pair, a critical bullish trend line is forming with support of about $63,000.

On the upside, an early resistance level is near $65,200. The first significant resistance is located near $65,500. A decisive break above the $65,500 resistance level could pave the way for more gains. The next considerable barrier is located near the $66,800 level, above which the price may increase to the $68,000 level. Any additional gains might push the price up to $68,000.

XAU/USD Surge Above 1,772 Pivot Point

Gold prices fell on Tuesday after climbing more than 1% the day before, as increasing U.S. Treasury yields and optimistic news from American corporations weighed on its safe-haven appeal. Gold's spot price was up 0.3 percent to $1,769.94 per ounce. It had risen as much as 1.2 percent earlier in the session due to a weaker dollar, making precious metals more affordable to foreign investors. December gold futures in the United States closed 0.3 percent higher at $1,770.5.

Tuesday's gains on Wall Street were bolstered by positive reports from Johnson & Johnson and insurer Travelers. Gold's non-yielding attraction has been diminished as benchmark 10-year Treasury yields in the United States reached their highest level since early June, at 1.6302 percent.

Market participants are widely expecting the Fed to begin trimming its asset purchases eventually, given that the earnings season has been good thus far, and recent data has shown a solid uptick in U.S. consumer prices. As investors awaited statements from Federal Reserve officials this week, which could provide insight into the possibilities of tightening monetary policy, gold held steady.

The price of gold has recently varied as markets analyze the prospect of earlier-than-expected tightening to curb inflationary pressures. Following Governor Christopher Waller's statement Tuesday that the Fed should begin tapering its bond-buying program next month. However, interest-rate increases are likely "still some time off," upcoming speeches, as well as dialogues by officials including Randal Quarles, Mary Daly, and Chair Jerome Powell, could provide more hints.

Traders in the United States are now pricing in a full rate hike at the Fed's September meeting held next year. However, excluding the European Central Bank, many of the world's central banks are projected to proceed faster.

GOLD Intraday Technical Level

Support Resistance

1756.81 1787.01

1744.08 1807.48

1724.61 1819.21

Pivot Point: 1776.28

GOLD - Technical Outlook

On Wednesday, gold’s technical outlook continues to be the same as the market’s focus remains on Bitcoin and Bitcoin ETF. Thus, gold continues to trade bullish and is now priced at $1,775 per ounce. The technical side of gold is suggesting a strong bullish bias. The RSI has surged above 50 and it’s suggesting a bullish trend in gold on a 4-hour timeframe.

The 1,772 level, on the other hand, is gold's immediate support. If the 1,772 level is broken, a sell-off might ensue till the 1,765 and 1,760 levels are reached. On the upside, gold's following resistance levels remain at 1,777 and 1,787, respectively.

We might anticipate a bearish correction in bullion on Wednesday, particularly below the 1,782 mark. Gold bullish bias dominates above 1,772 and vice versa. All the best!

Pivot Point at 1.1636

In the Asian session on Wednesday, the EUR/USD pair remained sluggish. The pair remains within a narrow trade band with less than a 10-pip fluctuation. The EUR/USD is trading at 1.1632, down 0.02 percent for the day. The US dollar is rising near 94.00, reflecting higher 10-year benchmark Treasury yields in the US. Despite poor data, the Fed's tapering forecasts have held US T-yields at 1.66 percent, the highest since May. Higher corporate earnings boosted sentiment as well.

Investors readily expect the Fed to begin tapering as early as November, while the European Central Bank's (ECB) dovish stance weighs on the common currency. Furthermore, the US President and the Democratic Party remained on pace to reach an agreement on the extent of their cornerstone economic restoration program, with the hope of reaching an agreement within a week.

Christine Lagarde, President of the European Central Bank (ECB), stated that the central bank will continue to assist the eurozone economy as the damage from the epidemic continues, adding to her previous comments about inflation being "mainly transitory."

Furthermore, ECB Governing Council member and Bank of France Governor Francois Villeroy remained gloomy about interest rate hikes by the end of 2022, citing the eurozone's inflation falling back below the ECB's 2 percent objective.

The dollar recovered some of its losses on Tuesday as Treasury rates rose, but it remained weaker on the day as other currencies, particularly sterling, were buoyed by anticipation of earlier-than-expected interest rate hikes. Last week, the dollar reached a one-year high versus a basket of other currencies as Treasury yields rose and traders bet the Federal Reserve would need to raise rates to meet stubbornly high inflation.

Traders are waiting eagerly for the German Inflation Rate and Eurozone Consumer Price Index (CPI) data. Moreover, ECB Elderson's speech and the US Fed's Quarles speech provide fresh trading momentum.

EUR/USD Intraday Technical Levels

Support Resistance

1.1584 1.1615

1.1570 1.1632

1.1553 1.1645

Pivot Point: 1. 1605

EUR/USD - Technical Outlook

The EUR/USD is on a bullish mode, trading higher towards the major resistance level of 1.1652. On the 4-hour timeframe, the EUR/USD has formed a "Three White Soldiers" pattern that’s supporting the strong upward trend in the EUR/USD pair. On the higher side, the next resistance stays at the 1.1652 level and a bullish crossover of 1.1652 exposes the EUR pair towards the 1.1681 level.

On the downside, support prevails at the 1.1630 and 1.1601 levels. The EUR/USD has already violated the symmetrical triangle pattern that was extending resistance at 1.1601. This level is now acting as a support for the EUR/USD pair. The RSI and MACD are in support of a buying trend. Therefore, the bullish bias dominates above the 1.1630 level today. All the best!