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Forex Software → Market Analysis → FxNews.me — Technical Analysis
Will BTC Resume Downtrend After Dipping From $104K?
FxNews—Bitcoin dipped from its all-time high of $104,000 on December 5 with a sharp bearish wave, which resulted in testing the 23.6% Fibonacci retracement level at $90,980.
Article >>> https://fxnews.me/will-btc-resume-downtrend-after-dipping-from-104k/
Litecoin remains bullish above $113, facing potential resistance at $140. A bearish divergence in RSI hints at possible consolidation near $123.
Article ► https://fxnews.me/bearish-rsi-14-finally-hit-litecoin-at-140-high/
A dip below $1.05 can potentially trigger the EUR/USD downtrend, which targets $1.043.
Please note that a close above $1.06 invalidates the bearish outlook.
Article ► https://fxnews.me/eurusd-bull-run-hits-1-06-barrier-whats-next/
EURUSD Near 1.056 as Macron Plans Budgets
The euro steadies near $1.06 as France eases political fears, and the ECB plans rate cuts to tackle inflation, contrasting with the US Fed’s approach.
Article ► https://fxnews.me/eurusd-near-1-056-as-macron-plans-budgets/
GBP/USD remains bullish, trading above $1.272 resistance. Eyes set on $1.285 as next target if support at $1.271 holds.
Article > https://fxnews.me/gbpusd-steady-potential-rise-to-1-285/
GBPJPY Overpriced Near Key 193.8 Resistance
GBP/JPY resumed its uptrend, surpassing the 75-period SMA and facing overbought conditions at the 38.2% Fibonacci resistance, targeting the 195.3 mark next.
Article > https://fxnews.me/gbpjpy-overpriced-near-key-193-8-resistance/
AUDUSD Declines Toward $0.634 Amid Oversold Signals
AUD/USD continues its bearish trend, approaching critical support at $0.634. Indicators suggest potential reversal as market is currently oversold.
Article > https://fxnews.me/audusd-declines-toward-0-634-amid-oversold-signals/
Gold Prices Hold Steady Ahead of Key US Inflation Report
Gold steadies near two-week highs as investors await US inflation data, global rate cuts, and rising Middle East tensions.
Article > https://fxnews.me/gold-prices-hold-steady-ahead-of-key-us-inflation-report/
Ethereum Slows At $4000: Adjust Your Bullish Strategy
Ethereum's price jump to $3900 reflects a bullish trend above 75-SMA. With resistance set at $3968, a break could propel ETH to new heights.
https://fxnews.me/ethereum-slows-at-4000-adjust-your-bullish-strategy/
Litecoin Climbs to $122: Key Points for Next Bullish Move
Litecoin surged to $122 and rose above the 50% Fibonacci resistance. RSI and Stochastic suggest the uptrend will continue, potentially reaching $137.
Article > https://fxnews.me/litecoin-climbs-to-122-key-points-for-next-bullish-move/
Solana Targets $237 Amid Overbought Signal
Solana trades bullish above $225 key support. The next bullish target could be $237, followed by $247.0 if the %50 Fibonacci support level holds.
Article > https://fxnews.me/solana-targets-237-amid-overbought-signal/
XRP Hits Barrier at $2.4: Bullish or Bearish?
Ripple slides above 75-SMA. If XRPUSD exceeds $2.55, the next bullish target could be $2.90.
Article > https://fxnews.me/xrp-hits-barrier-at-2-4-bullish-or-bearish/
Bullish Crude Oil Signals Overbought at $70.5
Crude oil tests $70.5 resistance as Stochastic records show 92, indicating overpriced oil. The commodity could dip toward $69.7 before the uptrend resumes.
Article > https://fxnews.me/bullish-crude-oil-signals-overbought-at-70-5/
FxNews—EUR/USD trades bearish below the 75-SMA, reaching $1.043. A break below this level could trigger a new bearish wave toward $1.033.
Article > https://fxnews.me/eurusd-could-hit-1-033-after-breaking-support/
EURJPY Risks Fall to 157.6 if This Resistance Holds!
FxNews—EUR/JPY shifted above the 75-period SMA, trading at approximately 160.0. The technical indicators hint at a bearish trend should prevail. A dip below 158.9 could trigger a new move to 157.6.
Article > https://fxnews.me/eurjpy-risks-fall-to-157-6-if-this-resistance-holds/
Watch GBPUSD as It Targets $1.261 After Key Drop
FxNews—GBP/USD dipped below $1.273 after it failed to hold above the critical resistance. A dip below the immediate support ($1.265) could result in further losses, targeting the $12.61 support.
Article > https://fxnews.me/watch-gbpusd-as-it-targets-1-261-after-key-drop/
GBPJPY Seeks Support at 192.4 to Sustain the Bullish Rally
GBP/JPY became overbought after the price hit the 195.0 high. Consequently, the currency pair dips toward immediate support at 192.4. The trend outlook remains bullish if the 75-SMA holds and bulls break the 195.0 resistance.
Article > https://fxnews.me/gbpjpy-seeks-support-at-192-4-to-sustain-the-bullish-rally/
Bitcoin Close to 103K Could Spark Rally to 105K
Bitcoin remains bullish as long as it holds above $97,700. A potential rise above $103,000 resistance may target $105,000, despite RSI indicating a possible consolidation.
Article > https://fxnews.me/bitcoin-close-to-103k-could-spark-rally-to-105k/
Watch Ethereum for a Potential Rise to $4200
Ethereum shows bullish potential, eyeing targets at $4,090 and $4,200 if it surpasses the $3990 resistance.
https://fxnews.me/watch-ethereum-for-a-potential-rise-to-4200/
Litecoin tested the broken trendline at $111. The uptrend should resume if LTC/USD exceeds $124 resistance, with a target of $137.
Article > https://fxnews.me/litecoin-set-for-uptrend-on-breaking-124-mark/
EUR/JPY is bullish, testing the 61.8% Fibonacci level with overbought signals. Watch for a potential support break at 161.4, targeting the 38.2% Fibonacci at 160.2.
Article > https://fxnews.me/eurjpy-bullish-but-facing-61-8-fibonacci-hurdle/
NZDUSD Risks Deeper Fall Below 0.575
NZD/USD forms a bearish pattern, nearing critical support at 0.575. A break below may trigger further declines toward 0.573, increasing selling pressure
Article > https://fxnews.me/nzdusd-risks-deeper-fall-below-0-575/
USDCHF Targets 0.905 After Bouncing from Support
USD/CHF tests 0.894 resistance with sights set on 0.905. Prices rise after rebounding from 0.889 support, hinting at potential gains.
Article > https://fxnews.me/usdchf-targets-0-905-after-bouncing-from-support/
Inverted Hammer Hints at USDJPY Consolidation Ahead
USD/JPY shows bullish signs but faces overbought risks. Traders should watch for potential consolidation near the 152.7 support level.
Article > https://fxnews.me/inverted-hammer-hints-at-usdjpy-consolidation-ahead/
Bitcoin reached $108400 before declining. Key supports at $104000 and $101375 may offer bullish entry prices. Watch for candlestick patterns near these levels.
Article > https://fxnews.me/bitcoin-hits-108400-whats-next/
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