FxNews Posted November 5 Author Share Posted November 5 USD/CHF FVG Bearish Gap Hints at Stronger Downtrend FxNews—USD/CHF tested the 100-period simple moving average. Consequently, the 4-hour price chart formed a bearish fair value gap, indicating that the bear market is strengthening. Additionally, the AO histogram turned red, suggesting the downtrend should resume. The immediate support rests at the November 4 low, the 0.861 mark. From a technical perspective, the downtrend should continue if USD/CHF closes below 0.861. In this scenario, the bearish trend will likely extend to the 23.6% Fibonacci support level at 0.857. Please note that the bearish outlook will be invalidated if USD/CHF closes and stabilizes above the 0.865 immediate resistance. Good read: Gold Holds Strong Above $2725 as Inflation Worries Grow Gasoline Prices Remain High as OPEC Holds Back on Output NATGAS Faces Major Resistance with Middle East Calm Link to comment Share on other sites More sharing options...
FxNews Posted November 5 Author Share Posted November 5 Article ⇒ Bet on Bitcoin Now for a Potential 5% Gain if Trump Wins The founder of 10x Research suggested that “one effective move before the election could be to invest in Bitcoin and bet against Solana. Link to comment Share on other sites More sharing options...
FxNews Posted November 5 Author Share Posted November 5 Ethereum Eyes $2,480 Break with Double Bottom Pattern FxNews—Ethereum has formed a double bottom pattern and is currently testing the $2,480 resistance level. Meanwhile, the Awesome Oscillator signals divergence with green bars approaching the zero line from below. This development in the price action and the AO indicator suggests that Ethereum’s price has the potential to rise further. From a technical perspective, the bullish wave could resume if ETH/USD exceeds $2,480. In this scenario, the next bullish target could be the $2,560 resistance level. Conversely, a dip below the $2,380 support would invalidate the bullish outlook. Good read: GBPJPY Eyes Rally Despite Slowdown in UK Growth USDMXN Rallies as Trump Comeback Worries Peso USDSGD Near Key Support Amid Positive Singapore News Link to comment Share on other sites More sharing options...
FxNews Posted November 6 Author Share Posted November 6 Article ⇒ Ethereum Surpassed $2560 Double Bottom Pattern Confirmed FxNews—Ethereum formed a double bottom pattern, as mentioned in our previous analysis. The pattern resulted in the price breaking from the $2,480 immediate resistance and surpassing the $2,560. As of this writing, ETH/USD stabilizes above the $2,560 critical resistance, coinciding with the 100-period simple moving average. Link to comment Share on other sites More sharing options...
FxNews Posted November 6 Author Share Posted November 6 Article ⇒ Litecoin Bulls Defend Key Fibonacci Level Amid Price Drop FxNews—Litecoin was not an exception to the cryptocurrency gain on Wednesday. After the price surged to the November 2 high and tested this point at $71.3 as resistance, the bears added pressure, which resulted in the LTCUSD price dip and test of the 38.2% Fibonacci support level. The bullish fair value gap area further supported the 38.2% Fibonacci. Link to comment Share on other sites More sharing options...
FxNews Posted November 6 Author Share Posted November 6 Article ⇒ Ripple Tests Key Resistance After %3.7 Gain FxNews—Ripple gained 3.7% in today’s trading session, trading at approximately $0.533, testing the upper line of the bearish flag and the 50-period simple moving average. Link to comment Share on other sites More sharing options...
FxNews Posted November 6 Author Share Posted November 6 Article ⇒ EURUSD Falls Under $1.076 Support Amid Bearish Pressure FxNews—The EUR/USD bearish trend resumed after the price broke below the 100-period simple moving average at approximately $1.084. Due to the robust bearish pressure, the European currency experienced more losses, dropping below the $1.076 resistance, the October 23 Low. Link to comment Share on other sites More sharing options...
FxNews Posted November 7 Author Share Posted November 7 Silver Prices Find Support Near Recent Low FxNews—Silver's downtrend eased near $30.76, the October 15 low. Meanwhile, the Stochastic Oscillator depicts an oversold market, which could result in Silver prices consolidating near $31.6, backed by the bearish Fair Value Gap. From a technical perspective, the market outlook remains strongly bearish as long as XAG/USD is below the $31.6 immediate resistance. In this scenario, the next bearish target could be the October 8 low at $30.13. But, sellers must close below the $30.76 immediate support for the bear market to be triggered again. Please note that the bearish outlook should be invalidated if Silver exceeds $31.6 and stabilizes above it. Good reads: GBPUSD Climbs 0.3% on Rumors of Fed Rate Cuts EURUSD Stalls Near Key Resistance as Republicans Win Senate GBPJPY Eyes Stability as BoJ Plans More Rate Hikes Link to comment Share on other sites More sharing options...
FxNews Posted November 7 Author Share Posted November 7 (edited) Will NATGAS Push Past $2.38 or Fall Toward $2.24 Support FxNews—The NATGAS price exceeded the descending trendline but remained below the 38.2% Fibonacci retracement level ($2.38). The RSI 14 indicator signals divergence, while the Stochastic and Awesome Oscillator hints at a continuation of the bullish trend. Regardless of the technical indicators, immediate resistance rests at $2.38. From a technical standpoint, the bullish trend would be triggered if the NATGAS price closes and stabilizes above this immediate resistance. The next bullish target in this scenario could be the 50% Fibonacci level at $2.47. Please note that immediate support is at $2.32. If bears push the natural gas price below this support, a new bearish wave will likely be triggered. If this scenario unfolds, the next bearish target could be $2.24. Good read: Will Gold Trigger a Bullish Wave at the $2670 Resistance? Gasoline Analysis – Prices Near $2 as Trump Win Boosts USD Crude Oil Forms Bearish Pattern with $69.7 Target in Sight Edited November 7 by FxNews Link to comment Share on other sites More sharing options...
FxNews Posted November 8 Author Share Posted November 8 Article ⇒ Fed Rate Cut Keeps Gold Strong at $2680 on Soft Labor Data. The downtrend will likely be triggered if XAUUSD closes below support with a full-body bearish candlestick. Conversely, a close above the resistance invalidates the bearish trend. Resistance: $2,710 Support: $2,670 Link to comment Share on other sites More sharing options...
FxNews Posted November 8 Author Share Posted November 8 Article ⇒ Crude Oil Dips to $72.7 as China’s Imports Decline The RSI's bearish divergence signal decreased the price to $69.7. A close below the 100-SMA could trigger a new bearish trend toward $68.3. Link to comment Share on other sites More sharing options...
FxNews Posted November 11 Author Share Posted November 11 Watch EUR/JPY for the Next Move at the Fibonacci Level FxNews—The EUR/JPY currency pair tests the bullish fair value gap as resistance. This occurs when the price is below the 100-period simple moving average. Moreover, the technical indicators suggest that EUR/JPY has the potential to rise and test the upper resistance level, giving mixed signals. Forecast The October 14 high at 163.65 serves as immediate support. If the immediate support holds, the current uptick in momentum has the potential to rise toward the 165.0 resistance. Conversely, the downtrend will likely resume if bears close and stabilize the price below 163.65. If this scenario unfolds, the next bearish target could be the 78.6% Fibonacci retracement level at 162.94. GBPJPY Stabilizes Above 100 SMA Amid Bullish Signs GBPUSD Eyes October Low as Downtrend Continues EURUSD Eyes Rebound as Indicators Suggest Oversold Levels Link to comment Share on other sites More sharing options...
FxNews Posted November 11 Author Share Posted November 11 Article ⇒ AUDUSD Eyes October Lows as Resistance Holds AUDUSD trades bearish below the 100-SMA. If the 0.664 critical resistance holds, the downtrend will likely resume, targeting 0.653 followed by 0.669. Link to comment Share on other sites More sharing options...
FxNews Posted November 11 Author Share Posted November 11 (edited) Trump Wins Boost Bitcoin to Record $80000 Bitcoin hits a record $80,000 as #Trump wins key swing states, signaling a potential pro-crypto U.S. administration ahead. Edited November 11 by FxNews Link to comment Share on other sites More sharing options...
FxNews Posted November 12 Author Share Posted November 12 Oil Slips Under $68 with China Economic Action on Hold FxNews—Crude Oil prices dipped after bulls failed to hold above the $72.25 resistance level. The downtrend accelerated once it broke below the ascending trendline. Furthermore, the bearish trend was promised by the RSI 14 divergence signal. As of this writing, Oil prices are oversold, as hinted by the Stochastic and RSI 14. Hence, the Crude Oil price is expected to bounce from this point or consolidate near upper resistance levels. From a technical perspective, the immediate resistance is $68.3, followed by the critical $69.7 bullish barrier, backed by the Fair Value Gap. The oil price is likely to consolidate near $69.7, which offers a low-risk entry price into the bear market. In this scenario, traders and investors should closely monitor the above resistance areas for bearish signals such as candlestick patterns. Good read: USDILS Eyes 3.81 After Potential Consolidation Bitcoin Halving and US Politics Fuel Price Surge USDJPY: Trump’s Trade Tactics Propel Dollar Over Yen Link to comment Share on other sites More sharing options...
FxNews Posted November 12 Author Share Posted November 12 Litecoin Price Consolidates Facing $77.8 Resistance FxNews—Litecoin's bullish trajectory eased after the price hit $82.85. Interestingly, the Stochastic and RSI 14 indicators hinted at the overbought market, which justifies today's consolidation near the 38.2% Fibonacci retracement level. The immediate resistance is at 77.8, with a bearish fair value gap. If the immediate resistance holds, the downtrend could revisit the 74.3 support. Conversely, the uptrend could resume if the bull pulls the LTC/USD price above 77.8. In this scenario, the $82.85 resistance could be revisited. Good read: Natural Gas Hits Overbought as $2.68 Critical Resistance Oil Slips Under $68 with China Economic Action on Hold Link to comment Share on other sites More sharing options...
FxNews Posted November 13 Author Share Posted November 13 NATGAS Momentum Builds Toward $2.84 NATGAS tested the $2.55 resistance and bullish fair value gap in today's trading session. Consequently, the uptick momentum resumed above the resistance while the technical indicators signaled a weakening bear market. From a technical perspective, the next bullish target could be the $2.84 mark if the immediate resistance at $2.55 holds. Good read: USDJPY Bullish Above 151.5 Eyeing 157.1 Target USDCAD Exceeds 1.39 as US Tariffs Threaten Canadian Exports NZDUSD Tests $0.591 as NZ Central Bank Plans Rate Cut Link to comment Share on other sites More sharing options...
FxNews Posted November 14 Author Share Posted November 14 Bitcoin could target $95,000 Bitcoin has tested the bullish fair value gap at approximately $88.220, which provides active immediate support. From a technical perspective, this level is a crucial pivot point. If bears close below this level, a new consolidation phase could begin, potentially targeting $84,500. On the flip side, if the immediate resistance holds, a new bullish wave will likely emerge, potentially targeting $95,00. Good read: Silver Remains Bearish Below $31 as Solar Demand Dips Select Gold Plunge as ETFs Pour $809 Million in November NATGAS Rebounds from $2.55 with Warm Weather Ahead Link to comment Share on other sites More sharing options...
FxNews Posted November 14 Author Share Posted November 14 Watch Ethereum as It Nears Crucial $3120 Support If ETHUSD prices stabilize below $3,190, Ethereum, backed by the 50-SMA, could face a downturn to $3030. Article: https://fxnews.me/watch-ethereum-as-it-nears-crucial-3120-support/ Link to comment Share on other sites More sharing options...
FxNews Posted November 14 Author Share Posted November 14 GBPJPY Poised to Break 198 Amid Japanese Stock Dip GBP/JPY is nearing a pivotal breakout at 198.45 resistance, with the potential to retest the October high of 200.0 as the next target. Article: https://fxnews.me/gbpjpy-poised-to-break-198-amid-japanese-stock-dip/ Link to comment Share on other sites More sharing options...
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