Bitcoin has tested the bullish fair value gap at approximately $88.220, which provides active immediate support. From a technical perspective, this level is a crucial pivot point. A new consolidation phase could begin if bears close below this level, targeting $84,500. On the flip side, if the immediate resistance holds, a new bullish wave will likely emerge,...
Silver 's downtrend is boosted by lower demand for China's solar panels. XAG/USD has tested the bearish FVG. The trend will remain bearish below $31.35, with the next target at $30.10. Article: fxnews.me
FxNews —The downtrend will likely be triggered if XAU/USD closes below the support with a full-body bearish candlestick. Conversely, A close above the resistance invalidated the bearish trend. Resistance: $2,710 Support: $2,670
FxNews— U.S. Natural Gas tests $2.68 resistance at the 78.6% Fibonacci level with signs of overbought conditions. A consolidation toward the bullish fair value gap area at 2.55 could be on the horizon. This level would provide a decent bid to join the bull market. Article: fxnews.me
The crude Oil downtrend resumed after it tested the Fair Value Gap at $69. Due to Stochastic's oversold signal, we expect Oil to consolidate above $66.8. Article: fxnews.me
The NZD/USD currency pair remains bearish below $0.604 and could soon test the August low of $0.585 after a brief consolidation. Article: fxnews.me
FxNews —GBP/USD entered a bearish trend after failing to hold above the 100-period simple moving average, dropping sharply from $1.304. Currently, bears are testing the October 31 low of $1.284 as support. Technical indicators confirm bearish momentum, with the Awesome Oscillator showing red bars and the Stochastic and RSI at 36 and 35, suggesting more downside...
FxNews — Ripple gained 3.7% today, trading around $0.533, testing the upper line of the bearish flag and the 50-period SMA. On the 4-hour chart, today's price jump created a bullish Fair Value Gap, while the Stochastic Oscillator is nearing 80, indicating a potential overbought condition. The RSI has dipped to 65, just below overbought levels. Despite these...
FxNews —Ripple (XRP) began a consolidation phase below the 78.6% Fibonacci retracement level and filled the bullish Fair Value Gap at 0.620. The primary trend is bullish. From a technical perspective, the uptrend will likely resume if Ripple exceeds 0.655. In this scenario, the uptrend could gradually resume toward the $0.7 high. Please note that the bullish...
FxNew s—Crude oil prices dipped after failing to maintain levels above the $72.25 resistance. The downtrend accelerated when prices breached the ascending trendline, further confirmed by RSI 14 divergence. Currently, oil prices are oversold, suggested by both Stochastic and RSI 14 indicators. It is anticipated that crude oil prices might rebound or stabilize...
Fxnews —The immediate support is at 198.45. A new consolidation phase could potentially form if GBP/JPY closes below 198.45. If this scenario unfolds, the price could dip to the 23.6% Fibonacci retracement level at 197.3, supported by the 100-period simple moving average.
FxNew s—The October 23 low at 1.076 is the immediate resistance. The EUR/USD price is likely to exceed this level. If this scenario unfolds, the consolidation phase could extend to the 50% Fibonacci retracement level, backed by the bearish fair value gap area. This level provides a decent opportunity to join the bear market. Therefore, traders and investors...
FxNews —The immediate resistance rests at the 61.8% Fibonacci level, $2,670. From a technical perspective, a new bullish wave could form, targeting the 50% Fibonacci level at $2,690, supported by the bearish fair value gap, if gold prices exceed the immediate resistance.
EUR/JPY formed a bearish engulfing candlestick pattern near the 166.7 resistance. The bull market will likely resume if buyers close above the 166.71 resistance level. On the flip side, If bears (sellers) close and stabilize the EUR/JPY price below the 163.75 mark, a new bearish wave will likely form that could target the October 17 low at 161.9.
FxNews —The primary trend for NATGAS should be considered bearish, as the price is in a bearish flag pattern. The downtrend is likely to resume if NATGAS bears close and stabilize the price below the 23.6% Fibonacci level, supported by the middle line of the Bollinger Band. In this scenario, the next bearish target could be $2.24, followed by $2.15. Please note...
FxNews —The October 24 high at $72.25 is the immediate resistance. The uptrend will likely resume if bulls close and stabilize the price above this level. In this scenario, the next bullish target could be $73.4, followed by $75.8, the 78.6% Fibonacci retracement level. Please note that the Crude Oil bullish outlook would be invalidated if crude oil prices fall...
Ripple (XRP) retreated from the $0.504 support level (September 6 low), testing the 50% Fibonacci retracement level. Indicators show a bullish bias despite the price being below the 100-period simple moving average. The Awesome Oscillator histogram is green and approaching the signal line from below. Meanwhile, the Stochastic and RSI (14) values are rising,...
FxNews — Solana rose 10% on Wednesday as Donald Trump led Harris in 2024 election polling. The price surged from $155.1, peaking at $188.2 before easing. Bears briefly pushed SOL below the October 29 high of $183 but couldn’t hold ground. Currently, SOL/USD trades around $185, with RSI and Stochastic in the overbought zone, suggesting short-term overvaluation....