FxNews.me — Latest Fundamental and Technical Analysis

[FxNews]

GBPUSD Stays Below Key Fibonacci as Ukraine Uses UK Missiles

GBPUSD remains bearish below the 50-period SMA at $1.27, targeting $1.245. Downtrend invalidated if GBPUSD exceeds 50-period SMA, backed by 23.6% Fibonacci.

Article 👇

https://fxnews.me/gbpusd-below-key-fibonacci-as-ukraine-uses-uk-missiles/

[FxNews]

AUDUSD Holds Below Key Level as Traders Seek Safe Havens

Bearish outlook on AUD/USD holds under the 100-period SMA or $0.653. Potential dip towards the $0.644 level seen on November 14 if downward trend persists.

Article ► https://fxnews.me/audusd-holds-below-key-level-as-traders-seek-safe-havens/

[FxNews]

Crude Oil Prices Test $69.5 Amid Escalating Global Tensions

Oil prices face a bearish outlook below $70.5 resistance. A break under $68.3 support could trigger a retest of the October low at $66.8.

Article: https://fxnews.me/crude-oil-prices-test-69-5-amid-escalating-global-tensions/
 

[FxNews]

NZDUSD Bear Market Prevails as Traders Expect Rate Cuts by RBNZ

The NZD/USD downtrend resumed from $0.591, targeting the November low at $0.585 amid expectations of rate cuts from the RBNZ. The outlook of the market remains bearish below the 100-SMA.

Article: https://fxnews.me/nzdusd-bear-market-prevails-as-rbnz-rate-cut-expectations/

[FxNews]

EURJPY Dipped from 165 amid a fall in the STOXX 50

EUR/JPY could drop to the 50% Fibonacci level at 160.9, extending its October downtrend if it breaks below the immediate 161.9 support.

Article 👉 https://fxnews.me/eurjpy-drops-from-165-as-stoxx-50-falls/

[FxNews]

Bitcoin Surges Past $95K Despite Overbought Signals

The outlook of the Bitcoin uptrend remains bullish as long as the prices are above 95K, with the next bullish target being the $100,000 threshold. 

Article: https://fxnews.me/bitcoin-surges-past-95k-despite-overbought-signals/

[FxNews]

Article: Solana Tests All-Time Highs Amid Overbought Signals

Solana approaches its all-time high in a bull market, testing the $260 ceiling. Indicators suggest short-term overpricing, hinting at an upcoming consolidation.

[FxNews]

Ripple (XRP) Eyes $1.5 Despite Overbought Signals

Ripple (XRP) is overpriced short term. Expect a dip to $1.3 support, offering a prime buying opportunity for a potential rise to $2.

Article: ► https://fxnews.me/ripple-xrp-eyes-1-5-despite-overbought-signals/

[FxNews]

GBPJPY Dips as Ueda Hints at Rising Interest Rates

GBP/JPY may dip to the October 10 low of 193.6 if it breaks below current support, with resistance holding strong at 196.7.

Article: https://fxnews.me/gbpjpy-dips-as-ueda-hints-at-rising-interest-rates/

Edited November 22, 2024 by FxNews

[FxNews]

EURUSD Near 50-SMA as Bearish Trend Holds Strong

EUR/USD may initiate a bearish wave below 1.045 support, targeting 1.03 and 1.017 next, the critical 61.8% Fibonacci level.

Read the article: https://fxnews.me/eurusd-near-50-sma...-holds-strong/

[FxNews]

USDJPY Poises Bearish as BoJ Signals Potential Rate Hikes

USD/JPY falls below the 100-period SMA, signaling a potential new bearish wave. Resistance is at 155.0, with targets at Fibonacci levels 153.1 and 152.44.

Article ► https://fxnews.me/usdjpy-poises-bearish-as-boj-signals-potential-rate-hikes/

[FxNews]

Mexico's GDP Surges But USDMXN Rises!

USD/MXN remains bullish, supported at 20.4 and above the 50-period SMA. Indicators like the Awesome Oscillator and RSI suggest the uptrend is set to continue.

Article 👇

https://fxnews.me/mexicos-gdp-surges-but-usdmxn-rises/

[FxNews]

Oil Prices Fall from $71.5 on Potential Lebanon-Israel Deal

Crude oil became oversold, as hinted by Stochastic Oscillator. Immediate support is at $68.3. The market could consolidate near before the downtrend resumes.

Article > https://fxnews.me/oil-prices-fall-from-71-5-on-potential-lebanon-israel-deal/

[FxNews]

US Gasoline Futures Hit Two-Week High at $2

Gasoline prices hover near $2, facing potential decline. Technical indicators suggest a dip to $1.94 as selling pressure builds.

Article 
https://fxnews.me/us-gasoline-futures-hit-two-week-high-at-2/

[FxNews]

US Gasoline Futures Hit Two-Week High at $2

Gasoline prices hover near $2, facing potential decline. Technical indicators suggest a dip to $1.94 as selling pressure builds.

Article: 
https://fxnews.me/us-gasoline-futures-hit-two-week-high-at-2/

[FxNews]

Gold Prices Declined Amid Ceasefire Talks

Gold is oversold, testing 38.2% Fibonacci. If $2,600 holds, the 50% Fibo could be the next target. 

A dip below $2,600 triggers the downtrend. 

Article 👇

https://fxnews.me/gold-prices-declined-amid-ceasefire-talks/

[FxNews]

Bitcoin Nears Key $91000 Support Level

Bitcoin may target a return to $100,000 if it maintains support at $91,400. 

Article 👇
https://fxnews.me/bitcoin-nears-key-91000-support-level/

[FxNews]

Ethereum Holds Strong Eyeing $3550

Ethereum's bullish trend remains intact, eyeing a rise to the November high of $3550, with immediate support at $3270.

Article ► https://fxnews.me/ethereum-holds-strong-eyeing-3550/

[FxNews]

Ripple Must Break Descending Trendline for Bullish Surge

XRP/USD could revisit the November high at $1.67 if it successfully breaks through the key resistance at $1.45, signaling a potential uptrend continuation.

Article 👇
https://fxnews.me/ripple-must-break-descending-trendline-for-bullish-surge/

[FxNews]

EUR/USD Nears $1.053: Prime Levels for Bearish Entries

EUR/USD may drop to the November low of $1.033 if it falls below $1.045. Watch this critical threshold for potential new market lows.

Article: https://fxnews.me/eurusd-nears-prime-levels-for-bearish-entries/