Create and Test Forex Strategies
You are not logged in. Please login or register.
Forex Software → Market Analysis → FxNews.me — Technical Analysis
Gold Prices Declined Amid Ceasefire Talks
Gold is oversold, testing 38.2% Fibonacci. If $2,600 holds, the 50% Fibo could be the next target.
A dip below $2,600 triggers the downtrend.
Article
https://fxnews.me/gold-prices-declined-amid-ceasefire-talks/
Bitcoin Nears Key $91000 Support Level
Bitcoin may target a return to $100,000 if it maintains support at $91,400.
Article
https://fxnews.me/bitcoin-nears-key-91000-support-level/
Ethereum Holds Strong Eyeing $3550
Ethereum's bullish trend remains intact, eyeing a rise to the November high of $3550, with immediate support at $3270.
Article ► https://fxnews.me/ethereum-holds-strong-eyeing-3550/
Ripple Must Break Descending Trendline for Bullish Surge
XRP/USD could revisit the November high at $1.67 if it successfully breaks through the key resistance at $1.45, signaling a potential uptrend continuation.
Article
https://fxnews.me/ripple-must-break-descending-trendline-for-bullish-surge/
EUR/USD Nears $1.053: Prime Levels for Bearish Entries
EUR/USD may drop to the November low of $1.033 if it falls below $1.045. Watch this critical threshold for potential new market lows.
Article
https://fxnews.me/eurusd-nears-prime-levels-for-bearish-entries/
GBPJPY Drops as Sellers Dismiss Oversold Warnings
GBP/JPY remains bearish below the critical 195.4 resistance level, targeting the 61.8% Fibonacci mark at 190.0 as long as prices stay under this threshold.
Article ► https://fxnews.me/gbpjpy-drops-as-sellers-dismiss-oversold-warnings/
Watch Crude Oil as Bears Eye $68.3 Breakdown
Crude Oil could see further declines if it closes below $68.3, with potential bearish targets at $67.6 and $66.8 as the downtrend resumes.
Article ► https://fxnews.me/watch-crude-oil-as-bears-eye-68-3-breakdown/
EURUSD Risks Downtrend if Breaks Below $1.053
EUR/USD holds above the ascending trendline amid overbought signals. A dip below $1.053 will likely trigger the downtrend, targeting $1.43. Conversely, a close above $1.06 could push EUR/USD toward the 38.2% Fibonacci level at 1.066.
Article ► https://fxnews.me/eurusd-risks-downtrend-if-breaks-below-1-053/
EURJPY Targets 157.6 As Euro Weakens
The outlook of the EUR/JPY trend remains bearish as long as the prices are below the 50-period simple moving average or under the descending trendline.
Article ► https://fxnews.me/eurjpy-targets-157-6-as-euro-weakens/
Bearish GBPJPY Faces Bearish Gap at 191.9 Level
GBP/JPY forms a bearish fair value gap at 191.9 on the 4-hour chart. Avoid selling in a saturated market and wait for consolidation near upper resistance levels.
Article ► https://fxnews.me/bearish-gbpjpy-faces-bearish-gap-at-191-9-level/
NZDUSD at Critical Juncture at $0.593 Amid Bearish Signals
NZD/USD formed a double-top pattern, which is a bearish chart pattern. The downtrend could be triggered if prices fall below the immediate support at $0.587.
Read more ► https://fxnews.me/nzdusd-at-critical-juncture-at-0-593-amid-bearish-signals/
Bitcoin Eyes $102K with Renewed Bullish Momentum
Bitcoin rebounded from $90K and stabilized above $94K today. If bulls maintain prices above the critical support, the next bullish target could be $102K.
Article ► https://fxnews.me/bitcoin-eyes-102k-with-renewed-bullish-momentum/
Solana Dips 0.8% as Bulls Gear Up for a New Run
Solana lost %0.9 value, correcting recent gains. A close above $250 will likely trigger a new bullish wave, targeting a November high of $265.
Read more ► https://fxnews.me/solana-dips-0-8-as-bulls-gear-up-for-a-new-run/
EURUSD Began a Bearish Trajectory From $1.60
EUR/USD dipped below $1.053, targetting $1.043. The downtrend should be invalidated if the price exceeds the %38.2 Fibonacci retracement level.
NATGAS Nears $3 Offering a Decent Bid to Join Bulls
NATGAS tests $3.0 critical support. The market outlook remains bullish, with NATGAS above this support, with a target of $3.22.
Article ► https://fxnews.me/natgas-nears-3-offering-a-decent-bid-to-join-bulls/
Silver Prices Hit $31 Amid Fed Rate Cuts Expectations
Silver prices hit a one-week high at $30.9 per ounce as traders anticipate a Federal Reserve rate cut, Middle East tensions rise, and China eyes stimulus.
Ethereum Tested $3500 Resistance: What’s Next?
Ethereum tested and bounced off the 50-SMA. A firm close above $3,620 triggers the uptrend, targeting the November high at $3,760.
A dip below $3,480 invalidates the bullish scenario.
Article >>> https://fxnews.me/ethereum-tested-3500-resistance-whats-next/
Ripple (XRP) Reaches $3 - When to Buy?
Ripple hit $3, recording new highs. A break above $3.0 paves the way to $3.5. The bullish outlook is invalidated if Ripple falls below $2.38.
Article ► https://fxnews.me/ripple-xrp-reaches-3-when-to-buy/
EURUSD Consolidates at $1.053 - Market Awaits a Breakout
A new bearish wave could emerge if EUR/USD dips below $1.048, targetting $1.043. A cross above $1.060 invalidates the bearish outlook.
NZDUSD Eyes November Low if Bears Break $0.583
NZD/USD faces key support at $0.583. A break below could extend losses to November's low of $0.579. The outlook remains bearish below $0.587.
Article ► https://fxnews.me/category/currency-trading-analysis/nzdusd-technical-analysis/
AUDUSD Bearish Trend Resumed from $0.653
The AUD/USD immediate support is at $0.641. If prices dip below this support, the downtrend could extend to the August 2024 low at $0.634.
Article ► https://fxnews.me/audusd-bearish-trend-resumed-from-0-653/
Crude Oil Dips to $68.5 Ahead of OPEC+ Meeting
WTI crude oil steadies at $68.7 per barrel as traders await OPEC+ decisions on output amid geopolitical tensions and shifting production data.
Article ► https://fxnews.me/crude-oil-dips-to-68-5-ahead-of-opec-meeting/
⚠️US Gasoline Prices Rise as OPEC+ Meeting Approaches
Gas dipped from $2.0, testing the critical $1.96 support. A dip below this level could result in a further decline, targeting $1.94.
Article ► https://fxnews.me/us-gasoline-prices-rise-as-opec-meeting-approaches/
Following BoE comments, a GBP/USD downtrend could be triggered, targeting $1.255. Governor Bailey says the Bank of England may cut interest rates by 1% next year if inflation keeps falling.
Article ► https://fxnews.me/gbpusd-face-pressure-following-boe-comments/
Considering Ethereum is currently overpriced, it's wise to avoid buying in. Instead, watch the $3760 level closely for a potential bullish entry.
Article ► https://fxnews.me/ethereum-targets-4000-caution-advised/
Forex Software → Market Analysis → FxNews.me — Technical Analysis
Powered by PunBB, supported by Informer Technologies, Inc.