J.J. Edwards’ Expert Market Analysis at FenzoFx

[FxNews]

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 scenario, the target is likely to be the next high volume area, which stands tall at $3,410.0.

Please note that the bullish outlook should be invalidated if Gold closes and stabilizes below the $3,337.2 support.

 

[FxNews]

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, which aligns with a volume point of interest. The bullish view holds above $82.4; below it, the outlook weakens.

 

[FxNews]

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.

 

[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, the pair may retest 195.3, the previous day's low. The bearish outlook remains valid below the 197.8 resistance.

 

[FxNews]

Bullish Momentum Possible While LTC Holds Above $86.93​

FenzoFx—Litecoin pulled back from $92.32, dipping to a key support at $88.52, backed by Anchored VWAP. Stochastic shows oversold conditions, signaling a potential rebound.

If $88.52 holds, a bullish wave toward $92.32 could follow. The outlook stays positive above $86.93.

 

[FxNews]

BTC Eyes $105,119 Support Before Targeting $112,000​

FenzoFx—Bitcoin is trading just below the previous monthly high at $109,110.0, while the Stochastic remains overbought for the third consecutive day, signaling short-term overheating.

Although the broader trend is bullish, a pullback toward the anchored VWAP at $105,119.0 is expected. This level may offer a low-risk reentry, with a potential move toward the all-time high at $112,000.0.

 

[FxNews]

Bitcoin Cash Rebounds from VWAP-Backed Support​

FenzoFx—Bitcoin Cash eased from $528.3 to $469.8, finding support backed by the anchored VWAP and ascending trendline. BCH trades at $485.0, with Stochastic at 17.0 signaling oversold conditions.

A bullish wave may emerge if $469.8 holds, targeting $500.0 and $515.2.