FxNews.me — Latest Fundamental and Technical Analysis

[FxNews]

GBP/JPY is in a bull market, but technical indicators signal a bearish divergence. If bears push the prices below the immediate support of 194.5, a dip to 193.1 is possible. 

Article > GBPJPY Faces Dip Risking The 194.5 Support

[FxNews]

Litecoin could rise to the 78.6% Fibonacci level at $137.1 if bulls maintain momentum above the $124.0 resistance, signaling a strong uptrend.

Article > Litecoin to Extend Gains Above $124

[FxNews]

Solana struggles to stabilize above $225, pressuring the $215 support. A potential break below could target $203, while a rebound above $225 could negate the bearish trend.

Article > Solana Nears Break Below $215 Toward $203

[FxNews]

EURUSD dipped to a November low at $1.0332, testing this mark as support. Momentum indicators hint at an oversold market, which could cause prices to consolidate before the downtrend resumes.

Article > EURUSD Hits November Low Testing $1.033 Support

 

[FxNews]

GBP/USD fell below $1.261, testing the 78.6% Fibonacci support level, leaving a bearish fair value gap behind. If $1.256 support holds, a consolidation phase could be on the horizon. 

Article > GBPUSD Drops Below $1.261: Triggering Downtrend

 

 

[FxNews]

AUD/USD fell below the October low of $0.627, signaling an oversold market. The pair may retest this level before continuing its downtrend.

Article > AUDUSD Falls Below October Low Oversold at $0.620

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NZD/USD falls sharply, breaking the $0.575 support as both Stochastic and RSI indicators show oversold conditions, hinting at potential consolidation.

Article > NZDUSD Bear Market Prevails Below $0.57

[FxNews]

USDCAD uptrend resumed above the 50-period SMA, trading at approximately 1.443 amid overbought signals from Stochastic and RSI 14. Retail traders and investors should wait patiently for the currency pair to consolidate near 1.41. 

Article > USDCAD Hits 1.443: Stochastic and RSI Indicate Wait

[FxNews]

Gold faces a crucial test with the support at $2605. A break below could see levels down to $2,560 as downward pressure mounts.

Article > Gold Consolidates Amid Fed Signals Fewer Rate Cuts

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Bitcoin dipped to $96,000 amid oversold signals from Stochastic. The primary trend is bearish, with a target of $94,300 if the $100,000 key resistance holds.

Article > Bitcoin Potential Dip to $92000 Hinges on This Resistance

[FxNews]

Ethereum is testing the crucial 38.2% Fibonacci resistance level. A decisive move above $3,500 could signal recovery, while dropping below $3,320 may resume the downtrend.

Article > Ethereum Challenges Key $3320 Resistance

[FxNews]

Ripple price edges near $2.14 support. Any dip below could spark a bearish wave toward $2.0. Bulls must hold this level to prevent further loss.

Article > Ripple Technical Analysis - 20-December-2024

[FxNews]

EUR/JPY is in a bull market, above the 75-SMA. If the pair holds above 162.4, the uptrend will likely resume, targeting the 78.6% Fibonacci resistance level.

Article > EURJPY Bull Market Eyes 164.4 Resistance

 

[FxNews]

GBP/USD is testing the 1.261 resistance as the RSI signals a bullish divergence. If the prices exceed 1.261, the current uptick momentum will likely extend to 1.268 resistance, backed by the 75-SMA. 

Article > GBPUSD Close to 1.261 With Bullish Momentum

 

[FxNews]

GBP/JPY's sell-off eased near 195.9 support. If this support holds, the uptrend will likely resume. In this scenario, the next bullish target could be retesting the 198.9 high. 

Article > GBPJPY Support at 195.9 Could Spark Rally

 

[FxNews]

Bitcoin formed a double bottom pattern in the 4-hour chart at $92K. If bulls pull the prices above $96,000, the digital gold could target $100,000.

Article > Bitcoin Double Bottom Pattern at $92000 Sparks Bullish Rally

 

[FxNews]

Ethereum bounced from $3,100 in a bear market and faces the $3,500 resistance. Technical indicators show signs of a mild bullish sentiment.

If ETH closes and stabilizes above the $3,500 barrier, the current uptick in momentum could extend to $3,640.

Article > Ethereum To Target $3600 if $3210 Holds Firm

[FxNews]

LTC/USD began consolidating from $88.0, trading at about $106.0. If the critical support level of $95.0 holds firm, Litecoin will target $114.0, backed by the 75-period SMA. 

Article > Litecoin Could Target $114 Above $95

[FxNews]

Solana trades at approximately $190 in a strong bearish market, below the $203.0 resistance. Solana's next bearish wave hinges on the $175.0 support.

A break below this level could result in further losses toward the 78.6% Fibonacci retracement level at $161.0. 

Article > Solana Bears Could Break $175

[FxNews]

Bitcoin Stayed Below $100K, trading bearish. A Dip below the immediate support at $94,500 can trigger the downtrend, targeting $92,000.

Article > Bitcoin Stayed Below $100K: What's Next?