Recent content by FxNews

GBP/JPY Retests Supply Zone as Yen Strengthens FenzoFx—GBP/JPY bounced from 195.3 and is testing resistance at 197.0, where a bearish fair value gap is located. Stochastic shows rising momentum at 28.0, but institutional data favors the Yen, with increasing long contracts. If 197.0 holds...

Short-Term Overpricing Signals Oil Consolidation FenzoFx—Crude Oil is retesting broken resistance at $67.5. The primary trend is bullish but a pullback into the Bullish Fair Value Gap may offer a low-risk entry before the uptrend resumes.

Litecoin Encounters Resistance After Sharp Rally FenzoFx—Litecoin climbed from $82.4 and is testing the bearish fair value gap at $90.4. With Stochastic showing short-term overbought conditions at 87.0, consolidation is expected. LTC may retest $89.0 and then dip toward support at $86.9...

Gold Holds Ground as Bulls Eye $3,410 Volume Zone FenzoFx—Gold built support at $3,337.2 in today's trading session. However, the uptrend is capped, and the price remained below the Bearish Fair Value Gap. From a technical standpoint, XAU/USD outlook remains bullish above $3,337.2. In this...

Euro Futures Test Support at $1.1821 After Pullback FenzoFx—Euro futures dipped from 1.189, currently testing the previous day's high at $1.1821 as support. From a technical perspective, a new bullish wave could be on the horizon if the support holds. Otherwise, a break below this level can...

ETH Momentum Builds Above Key Support FenzoFx—Ethereum bounced from the $2,397.0 support and swept liquidity below the level, backed by a bullish FVG on the 4-hour chart. ETH is currently testing resistance at $2,500.0, and a breakout could lead to a retest of $2,539.0. The bullish setup...

Bitcoin Cash Slides as Bearish Signals Strengthen FenzoFx—Bitcoin Cash fell below last week’s low and now trades around $506.8. Technical indicators show bearish signals, with RSI diverging and the Stochastic trending lower. BCH/USD may retest support at $487.3; if broken, it could slide to...

Solana Technical Analysis FenzoFx—Solana's decline from 163.9 eased near the $148.4 support. However, this demand zone expands to $140.0, which is backed by the high-volume node. From a technical perspective, the outlook is bullish as long as Solana trades above $140.0. In this scenario, we...

Bullish Setup Forms as Institutions Accumulate Crude FenzoFx—Crude Oil is consolidating above support at $65.18, with momentum indicators turning bullish. The Stochastic is rising from 27, and RSI is approaching the 50.0 mark. Institutional buying reported in the latest COT data reinforces the...

Ripple Consolidates with Bullish Bias Intact FenzoFx—XRP's uptrend was rejected at the previous week’s high of $2.34 and is currently testing support at $2.22. As long as it holds above $2.16 or the 50-SMA, the bullish trend remains valid, with $2.34 likely to be retested. On the flip side, a...

GBP/CAD Turns Lower After Breaking 1.8709 Support FenzoFx—GBP/CAD broke below the 1.8709 support, and as of this writing, it is testing this level as resistance. From a technical perspective, a new bearish wave could be on the horizon if the price holds below the previous day's high. In this...

AAPLE Analysis FenzoFx—AAPL is trading sideways, consolidating above $200.0. Resistance stands at $203.0, and if breached, Apple could rally toward $206.0.

Bitcoin Eyes $110K Target Above Key Support Level FenzoFx—Bitcoin trades slightly below last week’s high near $107,660.0, while RSI 14 shows bearish divergence without a clear downward move. Immediate support is at $107,230.0, and resistance at $108,550.0. If BTC closes above resistance, a...

GBP/JPY Trades Lower After Breaching 198.0 Support FenzoFx—GBP/JPY declined from recent highs, currently trading around 197.3. The break below Friday’s 198.0 low intensified the downtrend, with the pair nearing a key support at 196.9. A temporary rebound toward 198.0 is possible before the...

LTC Approaches Support Zone with Breakout Potential FenzoFx—Litecoin dropped 1.92% after approaching the $89.0 resistance. It now trades near $86.4, a zone aligned with a high-volume node and previous daily low. Support ranges from $85.9 to $83.2. If LTC stays above $83.2, a bullish breakout...