Recent content by FxNews

Bitcoin Consolidates Within April Gap FenzoFx—Bitcoin formed a swing low at $80,5200.00 and is currently trading inside the April fair value gap. The primary trend remains bearish since BTC has not made a higher high or significant swing high. This suggests potential downside toward the major...

Gold Faces Breakdown Risk Below $4,030 FenzoFx—Gold began its downtrend after it failed to close above the bearish fair value gap with resistance at $4,235.00. Currently, the price lingers inside the bullish fair value gap with support at $4,030.00. From a technical perspective, if on the...

XRP Eyes Rebound Amid Bearish Pressure FenzoFx— Technical indicators show oversold conditions and bullish divergence in momentum. As a result, we expect a potential rebound toward higher resistance levels before the broader downtrend resumes. In this scenario, XRP could rise toward $2.2230...

Litecoin Slides Toward Key Support Levels FenzoFx—Litecoin remains in a bear market, down 2.00% today and trading near $93.00 within the bullish fair value gap. Key support lies at $89.30. A break below this level could accelerate the downtrend, potentially driving the price toward $78.60...

Ethereum Accumulates Below Key Resistance FenzoFx—Ethereum remains bearish, trading near $3,078.00. Price is below $3,170.00, with a bearish fair value gap overhead and resistance at $3,371.00. Technical indicators show an oversold market with bullish divergence, and candlestick patterns...

Bitcoin Cash Tests Fragile Support FenzoFx—Bitcoin Cash is in a bear market, down 6.50% since yesterday, now trading near $490.20. BCH is still holding above the ascending trendline, but this support has been tested five times, making it fragile. Technically, further downside is expected. A...

Bitcoin: Liquidity Void Signals Potential Decline FenzoFx—Bitcoin dipped below $99,000.00 as expected and now trades near $95,630.00. Friday’s selloff created a bearish fair value gap, viewed as a liquidity void. Technically, price is expected to revisit resistance between $96,700.00 and...

XRP: Accumulation Zone Supports Short-Term Upside FenzoFx—XRP (Ripple) is under selling pressure, down 0.50% today, trading near $2.309. The daily chart shows accumulation, suggesting sideways momentum may continue. Open interest supports this phase, with strong support between $2.072 and...

Gold Confirmed Bullish Bias FenzoFx—Gold is bullish again, confirmed by engulfing above the $4,175.00 resistance. As of this writing, XAU/USD trades inside the bearish fair value gap, testing the $4,230.00 resistance. Last day, Gold did not dip below $4,103.00 (the bullish FVG) for...

Solana: Bears are in Full Control FenzoFx—Solana is up by 3.30% today, after the sharp decline on November 25. The daily candle of this date is a bearish engulfing, meaning the sellers are in control of the $171.70. This level has the highest volume spike level as shown on the chart. The...

Litecoin: Bearish Setup Builds Below $101.00 FenzoFx—Litecoin is up 1.60% today, trading near $101.00. The price declined after tapping the liquidity void at $112.30, aligned with the upper band of the bearish channel. Immediate support lies at $98.00. A close below this level could resume...

Gold's Accumulation Pays Off: $4,379 in Sight FenzoFx—Gold bounced from $3,886.00 and accumulated around this range for 8 trading sessions. This was a bullish accumulation which resulted in Gold's price breaking out from the range in yesterday's session. Support is at $4,050.00. If this level...

Ethereum Accumulates Near $3,170 Support FenzoFx—Ethereum is down 0.66% today, trading near $3,540.00 inside the liquidity void from October 10. Immediate support lies at $3,170.00, a level respected for 4 days on the daily chart. This accumulation may signal a potential move higher. In...

BCH Correction Within Bearish Structure FenzoFx—Bitcoin Cash remains above the ascending trendline and $446.60 support. The price has entered the inverted fair value gap, which may act as strong resistance and cap further upside. The primary trend is bearish below $576.00, and current bullish...

GBP/JPY: Bullish Void Supports Pullback Scenario FenzoFx—GBP/JPY resumed its uptrend after filling 75% of the daily opening gap on November 5, now trading inside the bearish fair value gap with resistance at 203.10 and 203.50. A bullish liquidity void at 201.30 suggests a potential pullback...