Re: FxNews.me — Technical Analysis
Watch USDCHF for a Potential Drop to 0.880
USDCHF approaches critical 0.8835 resistance, with the potential to reach 50% Fibonacci and August 15 high if bearish momentum continues.
Re: FxNews.me — Technical Analysis
Oil Prices Dip as Bears Target $66.8 Support
fxnews.me—Crude oil prices trend bearishly below SMA lines, with sellers aiming to push below the critical $66.8 support. In this scenario, the downtrend will likely extend to the September 2024 low, the 65.3 support.
Re: FxNews.me — Technical Analysis
Gasoline Prices Stabilize at $2 Amid Bullish Signals
fxnews.me—Gasoline prices formed a bullish FVG after exceeding the 38.2% Fibonacci. After filling the gap, a rise toward the 61.8% level is likely.
A break below 38.2% Fibo should cancel the bullish outlook.
Re: FxNews.me — Technical Analysis
Gold Nears Key Fibonacci as Fed Rate Cut Odds Dip
Gold is about to test the 38.2% Fibonacci retracement level, while Stochastic Signals are overbought. The chance of a 0.25% Fed rate cut has fallen below 59%.
The gold's downtrend is valid if the prices are below %50 Fibonacci.
Re: FxNews.me — Technical Analysis
Will Ethereum Bulls Overcome $3190 Hurdle?
fxnews.me—Ethereum trades bullishly, eyeing a breakout above the $3,190 resistance. If ETH stabilizes above key levels, bulls aim for targets at $3,325 and $3450s.
Re: FxNews.me — Technical Analysis
Will Litecoin Bounce Back from $85 or Tumble Further
fxnews.me—Litecoin struggles at $85 after a drop from the 78.6% Fibonacci. The market outlook remains bullish as long as prices are above %50 Fibo.
Re: FxNews.me — Technical Analysis
Buy Solana Smartly - Wait for Price Consolidation
FxNews—Are you considering entering the Solana bull market? Wait for a smart, low-risk buying opportunity when prices consolidate near the $223 support, backed by bullish signs.
Article https://fxnews.me/buy-solana-smartly-wait-for-price-consolidation/
Re: FxNews.me — Technical Analysis
XRP Hits $1.3 High Thanks to U.S. Policy and Legal Action
XRP reached a new high of $1.3, driven by Donald Trump's crypto-friendly policy and lawsuits against the SEC by 18 U.S. states. The market outlook with the next target at $2.0 remains valid as long as XRP holds above the $0.785 support.
Article: https://fxnews.me/xrp-hits-1-3-high-thanks-to-u-s-policy-and-legal-action/
Re: FxNews.me — Technical Analysis
Oil Prices Stable $69 as Geopolitical Risks Soar
WTI crude oil remains above $66 as geopolitical risks increase following Ukraine's missile strike and changes in Russia's nuclear stance. If $69.7 resistance holds as Stochastic signals overbought, a consolidation phase toward $68.3 could be on the horizon.
Article: https://fxnews.me/oil-prices-stable-69-as-geopolitical-risks-soar/
Re: FxNews.me — Technical Analysis
GBP/JPY Faces Bearish Pressures Below Key Levels
The GBPJPY pair remains bearish below the October 23 low of 198.4. If prices fall below the 196.7 support, the next target is September's low of 195.4. A move above 198.45 would negate this bearish outlook.
Article: https://fxnews.me/gains-in-ftse-100-halted-the-gbpjpy-bearish-trend/
Re: FxNews.me — Technical Analysis
EURUSD Downtrend Continues on ECB Warnings
EUR/USD remains in a bearish trend under $1.06, aiming for October's low at 1.045.
Article
https://fxnews.me/eurusd-downtrend-continues-on-ecb-warnings/
Re: FxNews.me — Technical Analysis
GBPUSD Bear Market Continues Despite High UK Inflation
The GBPUSD downtrend resumed despite UK inflation reaching a six-month peak at 2.3%. A bearish break below 1.261 can potentially trigger the downtrend to aim for the 1.245 mark.
Re: FxNews.me — Technical Analysis
USDZAR Bulls Eye 18.4 Amid South Africa Rate Cut Speculation
USD/ZAR eyes 18.19 resistance, near 23.6% Fibonacci. A break could see the pair revisit the Nov 14 high at 18.4, signaling uptrend resumption.
Article: https://fxnews.me/usdzar-bulls-eye-18-4-amid-south-africa-rate-cut-speculation/
Re: FxNews.me — Technical Analysis
Silver Pauses at $30.76 Amid Solar Panel Demand Drop
Silver uptrend paused due to low demand for solar panels. On the technical front, the 100-period simple moving average acts as strong resistance.
A dip below the immediate resistance of $30.76 will likely trigger a downtrend. In this scenario, the next bearish target could be revisiting $29.7.
Article
https://fxnews.me/silver-rally-halts-at-31-4-amid-solar-panel-surplus/
Re: FxNews.me — Technical Analysis
EURUSD Plummets Amid Ukraine-Russia Tensions and Eurozone Woes
The EUR/USD currency pair resumed its downtrend amid escalating tension between Ukraine and Russia and increasing concerns in the Eurozone. The outlook of the trend remains bearish below $1.06, with the next target at $1.045.
Article ► https://fxnews.me/eurusd-plummets-amid-ukraine-russia-tensions-and-eurozone-woes/
66 2024-11-21 10:08:58 (edited by FxNews 2024-11-21 10:09:09)
Re: FxNews.me — Technical Analysis
AUDUSD Holds Below Key Level as Traders Seek Safe Havens
Bearish outlook on AUD/USD holds under the 100-period SMA or $0.653. Potential dip towards the $0.644 level seen on November 14 if downward trend persists.
Article ► https://fxnews.me/audusd-holds-below-key-level-as-traders-seek-safe-havens/
Re: FxNews.me — Technical Analysis
Crude Oil Prices Test $69.5 Amid Escalating Global Tensions
Oil prices face a bearish outlook below $70.5 resistance. A break under $68.3 support could trigger a retest of the October low at $66.8.
Article: https://fxnews.me/crude-oil-prices-test-69-5-amid-escalating-global-tensions/
Re: FxNews.me — Technical Analysis
EURJPY Dipped from 165 amid a fall in the STOXX 50
EUR/JPY could drop to the 50% Fibonacci level at 160.9, extending its October downtrend if it breaks below the immediate 161.9 support.
Artice: https://fxnews.me/eurjpy-drops-from-165-as-stoxx-50-falls/
Re: FxNews.me — Technical Analysis
Solana Tests All-Time Highs Amid Overbought Signals
Solana approaches its all-time high in a bull market, testing the $260 ceiling. Indicators suggest short-term overpricing, hinting at an upcoming consolidation.
Article
https://fxnews.me/solana-tests-all-time-highs-amid-overbought-signals/
Re: FxNews.me — Technical Analysis
EURUSD Near 50-SMA as Bearish Trend Holds Strong
EUR/USD may initiate a bearish wave below 1.045 support, targeting 1.03 and 1.017 next, the critical 61.8% Fibonacci level.
Read the article: https://fxnews.me/eurusd-near-50-sma...-holds-strong/
71 2024-11-26 08:30:54 (edited by FxNews 2024-11-26 08:32:41)
Re: FxNews.me — Technical Analysis
USDJPY Poises Bearish as BoJ Signals Potential Rate Hikes
USD/JPY falls below the 100-period SMA, signaling a potential new bearish wave. Resistance is at 155.0, with targets at Fibonacci levels 153.1 and 152.44.
Article
https://fxnews.me/usdjpy-poises-bearish-as-boj-signals-potential-rate-hikes/
Re: FxNews.me — Technical Analysis
Mexico's GDP Surges But USDMXN Rises!
USD/MXN remains bullish, supported at 20.4 and above the 50-period SMA. Indicators like the Awesome Oscillator and RSI suggest the uptrend is set to continue.
Article > https://fxnews.me/mexicos-gdp-surges-but-usdmxn-rises/
Re: FxNews.me — Technical Analysis
Oil Prices Fall from $71.5 on Potential Lebanon-Israel Deal
Crude oil became oversold, as hinted by Stochastic Oscillator. Immediate support is at $68.3. The market could consolidate near before the downtrend resumes.
Article > https://fxnews.me/oil-prices-fall-from-71-5-on-potential-lebanon-israel-deal/
Re: FxNews.me — Technical Analysis
US Gasoline Futures Hit Two-Week High at $2
Gasoline prices hover near $2, facing potential decline. Technical indicators suggest a dip to $1.94 as selling pressure builds.
Article
https://fxnews.me/us-gasoline-futures-hit-two-week-high-at-2/
Re: FxNews.me — Technical Analysis
US Gasoline Futures Hit Two-Week High at $2
Gasoline prices hover near $2, facing potential decline. Technical indicators suggest a dip to $1.94 as selling pressure builds.
Article:
https://fxnews.me/us-gasoline-futures-hit-two-week-high-at-2/