FxNews.me — Latest Fundamental and Technical Analysis

[FxNews]

NZDUSD Eyes November Low if Bears Break $0.583

NZD/USD faces key support at $0.583. A break below could extend losses to November's low of $0.579. The outlook remains bearish below $0.587.

Article ► https://fxnews.me/category/currency-trading-analysis/nzdusd-technical-analysis/

[FxNews]

AUDUSD Bearish Trend Resumed from $0.653

The AUD/USD immediate support is at $0.641. If prices dip below this support, the downtrend could extend to the August 2024 low at $0.634.

Article ► https://fxnews.me/audusd-bearish-trend-resumed-from-0-653/

[FxNews]

Crude Oil Dips to $68.5 Ahead of OPEC+ Meeting

WTI crude oil steadies at $68.7 per barrel as traders await OPEC+ decisions on output amid geopolitical tensions and shifting production data.

Article ► https://fxnews.me/crude-oil-dips-to-68-5-ahead-of-opec-meeting/

[FxNews]

⚠️US Gasoline Prices Rise as OPEC+ Meeting Approaches

Gas dipped from $2.0, testing the critical $1.96 support. A dip below this level could result in a further decline, targeting $1.94.

Article ► https://fxnews.me/us-gasoline-prices-rise-as-opec-meeting-approaches/

[FxNews]

Following BoE comments, a GBP/USD downtrend could be triggered, targeting $1.255. Governor Bailey says the Bank of England may cut interest rates by 1% next year if inflation keeps falling. 

Article ► GBPUSD Face Pressure Following BoE Comments

[FxNews]

Considering Ethereum is currently overpriced, it's wise to avoid buying in. Instead, watch the $3760 level closely for a potential bullish entry.

Article ► Ethereum Targets $4000 – Caution Advise

[FxNews]

Solana's price stabilizes, targeting $250 next as technical indicators confirm a bullish trend, suggesting further gains up to $265.

Article ► Solana Targets Stabilizes Above $240 on Bullish Signals

[FxNews]

FxNews—Bitcoin dipped from its all-time high of $104,000 on December 5 with a sharp bearish wave, which resulted in testing the 23.6% Fibonacci retracement level at $90,980.

Article ► Will BTC Resume Downtrend After Dipping From $104K?

[FxNews]

Litecoin remains bullish above $113, facing potential resistance at $140. A bearish divergence in RSI hints at possible consolidation near $123.

Article ► Bearish RSI 14 Finally Hit Litecoin at $140 High

[FxNews]

A dip below $1.05 can potentially trigger the EUR/USD downtrend, which targets $1.043.

📉 Please note that a close above $1.06 invalidates the bearish outlook. 

Article ► EURUSD Bull Run Hits $1.06 Barrier: What's Next?

[FxNews]

The euro steadies near $1.06 as France eases political fears, and the ECB plans rate cuts to tackle inflation, contrasting with the US Fed’s approach.

Article ► EURUSD Near 1.056 as Macron Plans Budgets

[FxNews]

GBP/JPY approaches 191.8 resistance. A break above could target 193.8. Downside risk if it falls below 190.9. Watch for shifts in momentum.

Article ► GBPJPY Bulls Eye 191.8 Resistance Break

[FxNews]

EUR/USD is trading near $1.053 after resuming its downtrend, facing resistance at $1.052. Bears might push the pair down to $1.043 if this level breaks.

Article > EURUSD Faces Resistance Near $1.052 Amid Downtrend

[FxNews]

GBP/USD remains bullish, trading above $1.272 resistance. Eyes set on $1.285 as next target if support at $1.271 holds.

Article > GBPUSD Steady: Potential Rise to $1.285

[FxNews]

GBP/JPY resumed its uptrend, surpassing the 75-period SMA and facing overbought conditions at the 38.2% Fibonacci resistance, targeting the 195.3 mark next.

Article > GBPJPY Overpriced Near Key 193.8 Resistance

[FxNews]

AUD/USD continues its bearish trend, approaching critical support at $0.634. Indicators suggest a potential reversal as the market is currently oversold.

Article > AUDUSD Declines Toward $0.634 Amid Oversold Signals

[FxNews]

Gold steadies near two-week highs as investors await US inflation data, global rate cuts, and rising Middle East tensions.

Article > Gold Prices Hold Steady Ahead of Key US Inflation Report

 

[FxNews]

Bitcoin trades at $101,000 after peaking at $104,000. Prices stabilize, though a short-term dip is likely as indicators suggest overbought conditions.

Analysis > Bitcoin Trades Sideways above 98K: What's Next?

[FxNews]

Ethereum's price jump to $3900 reflects a bullish trend above 75-SMA. With resistance set at $3968, a break could propel ETH to new heights.

Article > Ethereum Slows At $4000: Adjust Your Bullish Strategy

[FxNews]

Litecoin surged to $122 and rose above the 50% Fibonacci resistance. RSI and Stochastic suggest the uptrend will continue, potentially reaching $137.

Article > Litecoin Climbs to $122: Key Points for Next Bullish Move