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.

 

[FxNews]

Crude Oil Declines After $78.00 Rejection: Eyes on Rebound​

FenzoFx—Oil is declining after being rejected from $78.00, heading toward key support at $73.86—an area backed by high volume and demand.

If $73.86 holds, a bullish move toward $78.00 and potentially $82.00 could follow.

 

[FxNews]

CAD/JPY Holds Trendline Support with Bullish Bias Intact​

FenzoFx—CAD/JPY dipped from 107.34, testing the bullish FVG as support while the price maintains position above the ascending trendline.

The Stochastic Oscillator signals oversold, meaning the market can potentially consolidate or reverse from this point. That said, the market outlook remains bullish as long as CAD/JPY trades above the previous week's low at 105.61 and the trendline.

In this scenario, we expect the currency pair to retest the 107.35 high. Please note that the bullish outlook should be invalidated if the price declines and stabilizes below 105.61.