FenzoFx Posted June 30 Author Posted June 30 GBP/JPY Trades Lower After Breaching 198.0 Support FenzoFx—GBP/JPY declined from recent highs, currently trading around 197.3. The break below Friday’s 198.0 low intensified the downtrend, with the pair nearing a key support at 196.9. A temporary rebound toward 198.0 is possible before the downtrend resumes toward 196.0. The bearish outlook is invalidated if GBP/JPY breaks above 198.9.
FenzoFx Posted June 30 Author Posted June 30 Bitcoin Eyes $110K Target Above Key Support Level FenzoFx—Bitcoin trades slightly below last week’s high near $107,660.0, while RSI 14 shows bearish divergence without a clear downward move. Immediate support is at $107,230.0, and resistance at $108,550.0. If BTC closes above resistance, a rally toward $110,651.0 may follow. The bullish outlook remains valid as long as the price stays above $104,681.0.
FenzoFx Posted June 30 Author Posted June 30 AAPLE Analysis FenzoFx—AAPL is trading sideways, consolidating above $200.0. Resistance stands at $203.0, and if breached, Apple could rally toward $206.0.
FenzoFx Posted July 2 Author Posted July 2 Bitcoin Cash Slides as Bearish Signals Strengthen FenzoFx—Bitcoin Cash fell below last week’s low and now trades around $506.8. Technical indicators show bearish signals, with RSI diverging and the Stochastic trending lower. BCH/USD may retest support at $487.3; if broken, it could slide to $469.8. The bearish outlook is invalidated if price closes above $528.2.
FenzoFx Posted July 2 Author Posted July 2 ETH Momentum Builds Above Key Support FenzoFx—Ethereum bounced from the $2,397.0 support and swept liquidity below the level, backed by a bullish FVG on the 4-hour chart. ETH is currently testing resistance at $2,500.0, and a breakout could lead to a retest of $2,539.0. The bullish setup remains valid above $2,397.0; below that, $2,317.0 becomes the next support.
FenzoFx Posted July 2 Author Posted July 2 Euro Futures Test Support at $1.1821 After Pullback FenzoFx—Euro futures dipped from 1.189, currently testing the previous day's high at $1.1821 as support. From a technical perspective, a new bullish wave could be on the horizon if the support holds. Otherwise, a break below this level can result in the price dipping toward the previous week's high at approximately 1.1705.
FenzoFx Posted July 2 Author Posted July 2 Gold Holds Ground as Bulls Eye $3,410 Volume Zone FenzoFx—Gold built support at $3,337.2 in today's trading session. However, the uptrend is capped, and the price remained below the Bearish Fair Value Gap. From a technical standpoint, XAU/USD outlook remains bullish above $3,337.2. In this scenario, the target is likely to be the next high-volume area, which stands tall at $3,410.0. Please note that the bullish outlook should be invalidated if Gold closes and stabilizes below the $3,337.2 support.
FenzoFx Posted July 3 Author Posted July 3 Litecoin Encounters Resistance After Sharp Rally FenzoFx—Litecoin climbed from $82.4 and is testing the bearish fair value gap at $90.4. With Stochastic showing short-term overbought conditions at 87.0, consolidation is expected. LTC may retest $89.0 and then dip toward support at $86.9, which aligns with a volume point of interest. The bullish view holds above $82.4; below it, the outlook weakens.
FenzoFx Posted July 3 Author Posted July 3 Short-Term Overpricing Signals Oil Consolidation FenzoFx—Crude Oil is retesting broken resistance at $67.5. The primary trend is bullish but a pullback into the Bullish Fair Value Gap may offer a low-risk entry before the uptrend resumes.
FenzoFx Posted July 3 Author Posted July 3 GBP/JPY Retests Supply Zone as Yen Strengthens FenzoFx—GBP/JPY bounced from 195.3 and is testing resistance at 197.0, where a bearish fair value gap is located. Stochastic shows rising momentum at 28.0, but institutional data favors the Yen, with increasing long contracts. If 197.0 holds, the pair may retest 195.3, the previous day's low. The bearish outlook remains valid below the 197.8 resistance.
FenzoFx Posted July 4 Author Posted July 4 Bullish Momentum Possible While LTC Holds Above $86.93 FenzoFx—Litecoin pulled back from $92.32, dipping to a key support at $88.52, backed by Anchored VWAP. Stochastic shows oversold conditions, signaling a potential rebound. If $88.52 holds, a bullish wave toward $92.32 could follow. The outlook stays positive above $86.93.
FenzoFx Posted July 4 Author Posted July 4 BTC Eyes $105,119 Support Before Targeting $112,000 FenzoFx—Bitcoin is trading just below the previous monthly high at $109,110.0, while the Stochastic remains overbought for the third consecutive day, signaling short-term overheating. Although the broader trend is bullish, a pullback toward the anchored VWAP at $105,119.0 is expected. This level may offer a low-risk reentry, with a potential move toward the all-time high at $112,000.0.
FenzoFx Posted July 4 Author Posted July 4 Bitcoin Cash Rebounds from VWAP-Backed Support FenzoFx—Bitcoin Cash eased from $528.3 to $469.8, finding support backed by the anchored VWAP and ascending trendline. BCH trades at $485.0, with Stochastic at 17.0 signaling oversold conditions. A bullish wave may emerge if $469.8 holds, targeting $500.0 and $515.2.
FenzoFx Posted Monday at 08:27 AM Author Posted Monday at 08:27 AM Litecoin Rebounds from FVG with $902.3 in Sight FenzoFx—Litecoin is trading just below the $88.6 resistance after bouncing from the bullish fair value gap near $85.5. If the $88.60 resistance is breached, LTC could aim for the previous week's high at $902.3. Please note that the bullish view remains valid above $82.4.
FenzoFx Posted Monday at 11:20 AM Author Posted Monday at 11:20 AM Gold Faces Pressure After Rejection at $3,376 Resistance FenzoFx—Gold dropped from the $3,376.0 resistance, a level reinforced by the anchored VWAP. June’s bounce at $3,250.0 marks a key support for the broader bullish trend. If the $3,250.0 support holds, XAU/USD can potentially resume its uptrend. However, a close below $3,236.6 would invalidate the bullish scenario.
FenzoFx Posted Monday at 01:53 PM Author Posted Monday at 01:53 PM Meta Eyes $740 After VWAP Test FenzoFx—META tested the anchored VWAP at approximately $708.3. If this level holds, the uptrend will likely resume, targeting $740.0.
FenzoFx Posted Tuesday at 06:57 AM Author Posted Tuesday at 06:57 AM Momentum Cools as Oil Eyes Reentry From $67.6 FenzoFx—Crude Oil bounced from $66.2, a support backed by the volume profile point of interest, but lost momentum after hitting the bearish FVG. Currently trading near $68.2 with Stochastic overbought. A pullback to $67.6 can offer a low-risk reentry. The bullish bias remains intact above $65.2, with $70.3 as the next target.
FenzoFx Posted Tuesday at 09:23 AM Author Posted Tuesday at 09:23 AM GBP/JPY Faces Critical Supply Zone Near 199.8 Monthly High FenzoFx—GBP/JPY hit the monthly high resistance at 199.8, a level backed by a bearish fair value gap from July 2024. The pair now trades near 199.2, just below this zone. With supply levels extending to 201.9, a decline toward the weekly support at 195.3 is expected if selling pressure builds.
FenzoFx Posted Tuesday at 01:48 PM Author Posted Tuesday at 01:48 PM Apple May Dip to $203 FVG Before Resuming Uptrend FenzoFx—AAPL (Apple) is bullish, testing $210.0 resistance while Stochastic warns overbought market. A dip to the bullish FVG at $203.0 is likely before the uptrend resumes.
FenzoFx Posted Tuesday at 03:33 PM Author Posted Tuesday at 03:33 PM (edited) GOOGL Dips: Buy Opportunity Looms at $173.5 FenzoFx—#GOOGL broke below the previous day's low at $175.68, aiming toward the $173.53 support. This zone is backed by the anchored VWAP, which can provide a discount price to join the bull market. Edited Tuesday at 03:36 PM by FenzoFx
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