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.