J.J. Edwards’ Expert Market Analysis at FenzoFx

[FxNews]

XRP: Selling Pressure Could Push Price to $2.22​

FenzoFx—Ripple (XRP) is testing the $2.34 resistance zone, marked as a key level by the Volume Profile Indicator. RSI 14 shows bearish divergence, while the Stochastic oscillator remains in overbought territory, signaling potential selling pressure.

If $2.34 holds, a bearish wave could target $2.26, with further downside to $2.22 if selling pressure persists.

 

[FxNews]

BTC/USD Faces Key Support—What’s Next for Bitcoin?​

FenzoFx—Bitcoin dipped from its $112,000 monthly high, now trading near $104,900. Liquidity was swept, forming immediate support at $102,746. Stochastic signals an oversold market, suggesting potential consolidation or an uptrend resumption. BTC/USD must close above $105,706 for bullish momentum, targeting $112,000.

A rejection at $102,746 may invalidate bullish outlooks, driving BTC toward $100,377.

 

[FxNews]

LTC/USD Oversold—Is a Rebound Coming?​

FenzoFx—Litecoin swept liquidity below the previous week's low, aligning with the monthly low at $81.01, a strong support zone. LTC trades near $83.70 with weak bullish sentiment. Stochastic at 11.00 signals an oversold market, suggesting potential consolidation or a rebound.

A bullish wave may emerge if LTC holds above $81.01, targeting $91.92. Closing below this level invalidates the bullish outlook.

 

[FxNews]

Oil Price Rally Stalls at $77.72, Just Below 2025 High—Will a Pullback Follow?​

FenzoFx—Oil prices resumed their bullish trend, accelerating after geopolitical tensions in the Middle East. The rally paused at $77.72, just below the 2025 high. RSI 14 indicates an overbought market, while volume accumulation at $73.7 suggests possible sell orders. A consolidation phase is likely before further gains.

If oil pulls back, key demand zones at $64.00 and $66.00 offer bullish opportunities, with a potential move toward the 2025 high at $80.59.

 

[VasilTodorov]

EUR/USD Needs to Break $1.0534 to Invalidate Bearish View

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FenzoFx—The EUR/USD currency pair hit the 78.6% Fibonacci resistance level at $1.0497. Meanwhile, the Stochastic indicator is overbought, meaning the bullish wave from $1.0360 could pause in the current and next session. A dip below the 61.8% Fibonacci support level can trigger a new bearish wave, targeting the 38.2% Fibonacci at $1.0427.

Please note that the bearish outlook of the currency pair invalidates if EUR/USD exceeds $1.0534.

i believe with current situation the price can break the resistance and go very high, however to enter trade i wait for the break up

 

[FxNews]

Ethereum Consolidates: A New Bearish Target Could Be on the Horizon​

FenzoFx—Ethereum faced rejection at $2,813, triggering a downtrend before stabilizing near the bullish FVG. ETH/USD now trades at $2,566, recovering some losses.

Immediate resistance is at $2,395, but liquidity sweeps make it fragile. A rise toward $2,700 could precede another bearish wave. If selling pressure persists, ETH may drop to $2,395 or further to $1,910.

 

[FxNews]

GBP/JPY Tests 196.4​

FenzoFx—GBP/JPY is testing the 196.4 monthly high, a fragile resistance after four previous attempts. On Friday, bulls pushed higher with a long-wick candlestick, but the Stochastic Oscillator signals an overbought market.

The bullish trend remains intact if GBP/JPY holds above 193.8 support. A breakout above 196.4 may target 198.3, while closing below support could shift momentum downward.

 

[FxNews]

Bitcoin Cash Nears $485—Will BCH Hold Its Gains?​

FenzoFx—Bitcoin Cash remains bullish, nearing the previous monthly high at $485.0, though overbought conditions signal possible consolidation.

BCH/USD may stabilize around $431.0 before resuming its uptrend toward $485.0. A break above this level could pave the way for $568.0. The bullish outlook holds as long as BCH stays above $349.0.

 

[FxNews]

Crude Oil Tests $74​

FenzoFx—Crude Oil climbed to $74.0, testing the bearish Fair Value Gap and a high-volume zone. The Stochastic Oscillator signals an overbought market, suggesting possible consolidation. Oil could dip toward the previous daily low if $74.0 holds as resistance during the NY session.

A breakout above $74.0 would invalidate the short-term bearish outlook.

 

[VasilTodorov]

Crude Oil Tests $74​

View attachment 18233

FenzoFx—Crude Oil climbed to $74.0, testing the bearish Fair Value Gap and a high-volume zone. The Stochastic Oscillator signals an overbought market, suggesting possible consolidation. Oil could dip toward the previous daily low if $74.0 holds as resistance during the NY session.

A breakout above $74.0 would invalidate the short-term bearish outlook.

Oil price is flying and it wont stop until the world enters a more peaceful situation; it has always been like this

 

[FxNews]

Oil price is flying and it wont stop until the world enters a more peaceful situation; it has always been like this

Inflation will significantly increase if the price of oil goes higher. The world’s decision-makers and policymakers don't want this at the moment, and that is probably why oil refineries haven't been a serious target during the recent tensions.

We are waiting for the oil price to consolidate near $68.0 to $70.0 and plan to go long from those prices. In the long run, we expect the oil price to reach $90.0 because gas usage for travel will increase during summer.

 

[FxNews]

LTC/USD Consolidates—Key Levels to Watch​

FenzoFx—Litecoin consolidates near $85.0, with key support at $81.0, aligning with last week's low. If support holds, LTC/USD could target $90.4. A drop below $81.0 invalidates the bullish outlook.

 

[FxNews]

Bitcoin Bounced from a High-Volume Area at the 103,363 Support.​

FenzoFx—Bitcoin dipped to $105,175, creating a bearish fair value gap that highlights selling pressure. Immediate support is at $103,463, backed by high volume, while resistance stands at $107,792. If support holds, BTC/USD could rise toward $112,000.

A drop below $102,185 may accelerate the downtrend toward $93,363, the previous monthly low.

 

[FxNews]

USD/CAD Analysis​

FenzoFx—USD/CAD surged to 1.3686, a resistance zone backed by a bearish Fair Value Gap. Stochastic shows 81.0, signaling short-term overpricing. The market remains bearish below 1.3729, with fundamentals pointing to a stronger CAD.

A decline toward 1.362 is likely if USD/CAD stays below 1.3729.

 

[FxNews]

Bitcoin Cash Rebounds from $456.0 as RSI Shows Bullish Divergence.​

FenzoFx—Bitcoin Cash swept liquidity below $456.0 during NY midnight and is now rising around $464.0. RSI 14 signals bullish divergence, suggesting growing momentum. If BCH holds above $456.2, it could target $472.0 and potentially $481.2.

The bullish outlook is invalidated if BCH stabilizes below $456.0.

 

[FxNews]

Bitcoin Consolidates Liquidity Around $105,000​

FenzoFx—Bitcoin is trading sideways near $104,650 after a sharp drop from $109,000, forming a high-liquidity zone with potential for a breakout.

The $102,746–105,266 range shows strong accumulation, offering support. BTC remains bullish above the previous week's low but must close above the previous day's high to resume its uptrend.

 

[FxNews]

Ethereum Rejected by Strong Resistance, A Bearish Outlook​

FenzoFx—Ethereum is consolidating around $2,525 after being rejected by the $2,813.0 resistance, a strong supply zone. Immediate support lies at $2,446.0. If ETH closes below this level, a move toward $2,080 is likely.

The bearish outlook is invalidated if ETH stabilizes above $2,813.0.

 

[FxNews]

SOL/USD Eyes Recovery After Retesting Monthly Low​

FenzoFx—Solana trades in a bear market, below the 50-period SMA. Currently, SOL/USD trades at approximately $148.37, testing the previous monthly low, which aligns with a bullish fair value gap and is backed by a high-volume node area.

A close and stabilization above $149.3 can spark the uptrend. In this scenario, the next bullish target could be the $168.38 resistance.