FenzoFx Posted April 16 Author Share Posted April 16 GBP/USD Breaks $1.3202: Bullish Market Insights FenzoFx—The GBP/USD currency pair shows strong bullish momentum, breaking above $1.3202 yesterday. With overbought signals from the Stochastic indicator, a consolidation phase may lead to declines toward $1.3144 and $1.3030. Traders should watch for bullish candlestick patterns near these support levels. Link to comment Share on other sites More sharing options...
FenzoFx Posted April 16 Author Share Posted April 16 Litecoin Analysis FenzoFx—Litecoin is trading at $75.9 after closing below $76.4 and testing it as resistance. The Stochastic Oscillator signals oversold conditions, suggesting a possible price bounce, although the bearish trend persists below $80.0. If the bearish momentum continues, the next target could be $71.0. Alternatively, stabilization above $80.0 may extend gains toward $88.5. Link to comment Share on other sites More sharing options...
FenzoFx Posted April 16 Author Share Posted April 16 NZDUSD Analysis FenzoFx—NZD/USD is trading at $0.593, a resistance area, with overbought signals from the Stochastic and RSI 14 indicators. Traders are advised to wait for consolidation, as the price may dip toward $0.5855 and $0.5769. Link to comment Share on other sites More sharing options...
FenzoFx Posted April 17 Author Share Posted April 17 (edited) AUD/USD Analysis FenzoFx—AUD/USD bullish momentum stalled at $0.6407, a strong resistance. The Stochastic Oscillator dropped below 80, signaling weakening buying pressure. Technically, AUD/USD appears overbought, suggesting a potential dip toward the $0.6276 support. A consolidation phase may emerge, so traders should watch for bullish candlestick patterns at this level. Edited April 17 by FenzoFx Link to comment Share on other sites More sharing options...
FenzoFx Posted April 17 Author Share Posted April 17 Crude Oil Analysis FenzoFx—Crude Oil started a bullish wave from $55.15, trading at around $62.20. Momentum slowed near $63.90 resistance. The price may dip toward $58.90 support, with further pressure potentially driving it to $55.15. If Crude Oil surpasses $63.90, the bearish outlook invalidates, targeting $65.10 resistance. Link to comment Share on other sites More sharing options...
FenzoFx Posted April 17 Author Share Posted April 17 Ethereum Analysis FenzoFx—Ethereum trades sideways, unable to surpass $1,690 resistance. Currently, it hovers at $1,565, testing this level as support. The bearish trend persists below $1,755. Stabilization under $1,565 may lead to dips toward $1,470 and potentially $1,370 if selling pressure increases. Link to comment Share on other sites More sharing options...
FenzoFx Posted April 17 Author Share Posted April 17 NATGAS Analysis FenzoFx—NATGAS dipped below $3.43 support on April 14 and currently trades at around $3.22. The Stochastic Oscillator indicates potential consolidation before the downtrend resumes, with $3.43 as a key resistance. The bearish outlook holds unless NATGAS exceeds $3.66. Link to comment Share on other sites More sharing options...
FenzoFx Posted April 18 Author Share Posted April 18 GBP/USD Analysis FenzoFx—The GBP/USD pair rebounded from $1.3202 support, currently trading around $1.3277 and continuing its bullish trend. As long as it stays above $1.3144, the next target could be $1.3435. On the flip side, a break below $1.3144 may trigger a bearish move towards $1.3030. Link to comment Share on other sites More sharing options...
FenzoFx Posted April 18 Author Share Posted April 18 Litecoin Analysis FenzoFx—Litecoin slipped below $76.4 and is currently testing this level as support. With bearish momentum stemming from $80.0, the market outlook remains bearish while the price stays below this threshold. >LTC/USD may target $71.00 next, and selling pressure could drive it further down to $64.45. > A bullish shift would require a break above $80.0, paving the way toward $88.50 resistance. Link to comment Share on other sites More sharing options...
FenzoFx Posted April 18 Author Share Posted April 18 Ripple Trades Sideways: What's Next? FenzoFx—Ripple (XRP) closed and stabilized below the $1.2091 support. This downtick in momentum began after the price failed to surpass the $2.218 resistance. The outlook of the market is bullish, but with the prices below the 50-SMA and the $1.2091 support, the downtrend could extend to the $1.9990 support zone. This zone stands between the bullish and the bearish market, making it a critical support level. Link to comment Share on other sites More sharing options...
FenzoFx Posted April 21 Author Share Posted April 21 EUR/USD Breaks Resistance, Bullish Momentum Continues FenzoFx—The EUR/USD currency pair broke above $1.147 resistance, continuing its bullish path and trading around $1.1572. While indicators like Stochastic and RSI 14 signal overbought conditions, EUR/USD may consolidate and test support levels at $1.147 and $1.1296. Traders should watch for bullish candlestick patterns at these levels, with the market outlook remaining strong as long as prices stay above $1.1296, supported by the 50-period moving average. Link to comment Share on other sites More sharing options...
FenzoFx Posted April 21 Author Share Posted April 21 AUD/USD Secures Bullish Momentum Above $0.6407 FenzoFx—AUD/USD closed above $0.6407 and remains stable, signaling a bullish trend supported by the 50-period simple moving average. However, indicators like Stochastic and RSI 14 suggest an overbought condition, hinting at a possible correction. Key support lies at $0.6395, with traders watching for bullish signals such as candlestick patterns. The outlook stays bullish above $0.6276, while dips below this level could trigger extended consolidation. Link to comment Share on other sites More sharing options...
FenzoFx Posted April 21 Author Share Posted April 21 Crude Oil FenzoFx—Crude Oil is consolidating after testing the $63.9 resistance and is trading around $62.23, supported by the 50.0% Fibonacci retracement. Indicators show a bullish trend, with the price above the 50-period SMA on the 4-hour chart, and the Stochastic Oscillator dipping below 20, indicating oversold conditions. A rebound is possible if Oil stays above $62.00, with a target of $64.00. Bearish Scenario: The bullish outlook is invalidated if the price drops below $62.00. In this case, momentum could extend toward $60.77, aligned with the 78.6% Fibonacci retracement level. Link to comment Share on other sites More sharing options...
FenzoFx Posted April 21 Author Share Posted April 21 Bitcoin FenzoFx—Bitcoin broke above $82,140 resistance, now trading near $86,800 after a 1% correction. The bullish trend persists, with support at $86,140 potentially enabling a rebound toward $89,000. A drop below support could lead to declines to $84,000 or $82,811. Link to comment Share on other sites More sharing options...
FenzoFx Posted April 22 Author Share Posted April 22 Litecoin Up by 3.5%: What’s Next? FenzoFx—Litecoin is trading above the 50-period SMA, gaining 3.5% to around $79.35 after briefly testing the $82.00 resistance. As long as LTC stays above $77.40, the trend remains bullish, with potential retests of $82.00 and a target of $88.50 if buying pressure continues. Bearish Scenario A close below $77.40 could trigger a decline toward $75.20. Link to comment Share on other sites More sharing options...
FenzoFx Posted Wednesday at 09:12 AM Author Share Posted Wednesday at 09:12 AM AUD/USD is Bullish: More Gains Ahead? FenzoFx—The AUD/USD pair rebounded from the $0.6363 support level, aided by the 50-period simple moving average, and is currently trading near $0.6413. Resistance stands at $0.6444. A close above this level may extend the bullish move toward $0.6940 and $0.7200. Bearish Scenario: A drop below $0.6363 would invalidate the bullish outlook, potentially triggering a decline toward $0.6322. Link to comment Share on other sites More sharing options...
FenzoFx Posted Wednesday at 10:54 AM Author Share Posted Wednesday at 10:54 AM Crude Oil Tests Critical Support Level at $65.10 FenzoFx—Crude Oil is consolidating below the $65.10 resistance, trading around $64.30. The price remains above the 50-period SMA on the 4-hour chart, confirming a bullish trend. However, the Stochastic Oscillator crossing above 20 signals overbought conditions, suggesting a potential pullback. If oil stays below $65.10, a bearish wave could follow, targeting $62.31 and then $61.75. Bullish Scenario: A close and stabilization above $65.10 could trigger the uptrend, targeting $67.60. Link to comment Share on other sites More sharing options...
FenzoFx Posted Thursday at 07:21 AM Author Share Posted Thursday at 07:21 AM EUR/USD Analysis FenzoFx—EUR/USD declined from $1.1571, as anticipated, due to overbought signals from the Stochastic and RSI 14 indicators. The pair now trades below the 50-period simple moving average, near $1.1350. The Stochastic Oscillator has dropped below 20, suggesting the U.S. dollar is overvalued short-term. As long as the price remains above the $1.1259 support, the bullish outlook holds. Potential upside targets include $1.147 and $1.1571. Bearish Scenario: If the price falls below $1.1259, bearish momentum may drive EUR/USD toward the next support at $1.1146. Link to comment Share on other sites More sharing options...
FenzoFx Posted Thursday at 08:47 AM Author Share Posted Thursday at 08:47 AM GBP/USD Analysis FenzoFx—GBP/USD fell from $1.3435, testing the 50-period simple moving average near $1.3276. The Stochastic Oscillator is nearing the 20 level, suggesting the US dollar is overbought in the short term. Support lies at $1.3202. The outlook remains bullish while above this level, though a close above $1.3295 is needed to confirm upward momentum. A retest of $1.3435 could follow. Bearish Scenario: A drop below $1.3202 would invalidate the bullish view, potentially extending the decline to $1.3144 or even $1.3030 under sustained selling pressure. Link to comment Share on other sites More sharing options...
FenzoFx Posted 7 hours ago Author Share Posted 7 hours ago Bitcoin Walks into a Robust Resistance Zone FenzoFx—Bitcoin remains bullish above the 50-period simple moving average at around $93,950. A doji candlestick on the daily chart signals potential consolidation or a bearish move. Resistance spans from $94,990 to $99,420, suggesting a possible reversal. We recommend waiting for Bitcoin’s reaction before planning a strategy. Link to comment Share on other sites More sharing options...
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