FenzoFx Posted March 28 Author Share Posted March 28 SOL/USD Downtrend Escelated FenzoFx—Solana broke the $135.0 support as expected. The double top pattern in the 30-minute chart signaled this possibility. As of this writing, SOL/USD is bouncing to test the broken support. The market outlook remains bearish as long as it trades below $140.0, and the next target could be $130.0. Link to comment Share on other sites More sharing options...
FenzoFx Posted March 28 Author Share Posted March 28 NZDUSD Formed a Double Bottom Pattern: What's Next? FenzoFx—The NZD/USD pair formed a double bottom pattern at the $0.5710 support. The trend remains bearish, with the price below the 50-period SMA. The downtrend will stay intact unless the pair breaks above the $0.575 resistance. For bears to regain control, the price must close below $0.5710, targeting the next support at $0.5678. Link to comment Share on other sites More sharing options...
FenzoFx Posted March 31 Author Share Posted March 31 Bullish NATGAS Targets $4.26 FenzoFx—NATGAS broke above the descending trendline and surpassed $4.0. Strong buying pressure pushed the Stochastic Oscillator into overbought territory, indicating Natural Gas is overpriced in the short term. The market may consolidate near the $4.0 support level. Currently, NATGAS trades around $4.135, holding above the 50-SMA. The price action suggests a bullish trend, with the next target at the $4.26 resistance. Link to comment Share on other sites More sharing options...
FenzoFx Posted March 31 Author Share Posted March 31 AUD/USD Eyes Fibonacci Support FenzoFx—AUD/USD broke below the critical support at $0.626, heading toward the 78.6% Fibonacci level. The bearish trend remains intact while the price stays below the $0.6329 resistance. Link to comment Share on other sites More sharing options...
FenzoFx Posted March 31 Author Share Posted March 31 NZDUSD Falls Amid Oversold Signals FenzoFx—NZDUSD dropped below the $0.5678 support level and is now trading around $0.5670. Selling pressure has pushed the Stochastic Oscillator into oversold territory, recording 8.0. The next bearish target is $0.5640, provided NZDUSD stays below the $0.5755 resistance. Link to comment Share on other sites More sharing options...
FenzoFx Posted March 31 Author Share Posted March 31 Bitcoin Eyes $84,720 After Key Support Rebound FenzoFx—Bitcoin rebounded from the $81,160 support level and surged past $83,520, forming higher highs. If the price stays above this key support, the bullish momentum could continue. The next upside targets are $84,720 and $86,340. However, if Bitcoin drops below $81,160, the trend may reverse, potentially falling to $77,850. Link to comment Share on other sites More sharing options...
FenzoFx Posted April 1 Author Share Posted April 1 Ethereum Price Rebounds: Key Levels to Watch FenzoFx—Ethereum's downtrend stabilized at $1,755, a key support level. Currently, ETH/USD trades at $1,854, testing resistance. A double bottom pattern on the 4-hour chart suggests potential growth if bulls secure a close above $1,860. The next target could be $1,950, supported by the 50-period moving average. Link to comment Share on other sites More sharing options...
FenzoFx Posted April 1 Author Share Posted April 1 Forex PAMM Account We are offering PAMM accounts on our decentralized Forex Broker. This feature allows investors to pool their funds and have them managed by experienced traders. This account provides a unique opportunity for newbie traders to let the professionals manage their funds, sit back, and enjoy the passive income. Our focus is on efficiency and transparency. Our PAMM platform features many details to help you find the best fund manager. Investigate PAMM account. Link to comment Share on other sites More sharing options...
FenzoFx Posted April 1 Author Share Posted April 1 USD/CAD Pulls Back After Hitting 1.4400 FenzoFx— The USD/CAD pair hit 1.4400 but lost momentum, pulling back from resistance. Technically, USD/CAD may dip toward the 50-period SMA near 1.4330 before resuming its uptrend. However, if USD/CAD drops below 1.4330, the bearish momentum may extend to the 1.4250 support, invalidating the bullish outlook. Link to comment Share on other sites More sharing options...
FenzoFx Posted April 1 Author Share Posted April 1 Litecoin Tests Key Support: Reversal or Further Drop? FenzoFx—Litecoin is currently testing a key support zone between $80.0 and $83.0, which previously marked its February low. The overall trend remains bearish, but this support level could trigger a price rebound, potentially shifting momentum in favor of buyers. If Litecoin holds above $80.0, there is a possibility of a recovery toward $100.0. However, if sellers manage to break below this critical level, the downward trend may continue, with the next target set at $75.0. Link to comment Share on other sites More sharing options...
FenzoFx Posted April 1 Author Share Posted April 1 XRP tests Key Resistance Level FenzoFx—Ripple (XRP) has climbed from $2.026 and is currently testing resistance at $2.218. Despite this upward movement, the overall trend remains bearish as the price stays below the 50-period simple moving average on the 4-hour chart. The nearest support level is $2.026. If XRP/USD drops below this point, the downtrend may strengthen, potentially driving the price toward $1.90 and then $1.80. Bullish Outlook For the bearish trend to reverse, XRP needs to break above the immediate resistance at $2.218. If that happens, the next target could be $2.355. Link to comment Share on other sites More sharing options...
FenzoFx Posted April 2 Author Share Posted April 2 USDJPY Technical Analysis FenzoFx—USDJPY tested 150.25, a trading range below this level and the 50-period simple moving average. A close above 150.25 can trigger the uptrend, targeting 151.2. Conversely, a dip below 148.2 invalidates the bullish outlook, with 148.2 as the first target and 147.43 as the secondary target. Link to comment Share on other sites More sharing options...
FenzoFx Posted April 2 Author Share Posted April 2 AUDUSD Technical Analysis FenzoFx—The AUD/USD pair moved upward after struggling to stay below the 78.6% Fibonacci retracement level. Currently, the price is around $0.6300, sitting above the 50-period moving average. If AUD/USD holds above the key support at 0.626, it may climb toward the next resistance at $0.6329. However, if the price falls below 0.626, a bearish trend could follow, potentially pushing the pair down to 0.6187. Link to comment Share on other sites More sharing options...
FenzoFx Posted April 2 Author Share Posted April 2 GBP/USD Awaits Breakout Near 1.294 FenzoFx—The GBP/USD pair is trading near $1.294, staying close to the 50-period simple moving average as the market remains indecisive. Since March 7, price action has been confined to a narrow range. Bullish Outlook: A push above $1.3010 could trigger further gains, with $1.3100 as the next resistance. Bearish Scenario: A drop below $1.2865 would weaken the bullish bias, potentially leading to a decline toward $1.2800. Link to comment Share on other sites More sharing options...
FenzoFx Posted April 2 Author Share Posted April 2 Solana Trades Sideway, Awaiting a Breakout FenzoFx—Solana trades sideways. A break below 122.7 can trigger the downtrend, targeting $112.3. However, the bearish outlook should be invalidated if Solana closes and stabilizes above 130.4. Link to comment Share on other sites More sharing options...
FenzoFx Posted April 3 Author Share Posted April 3 Crude Oil Dipped, Testing Critical Support Level FenzoFx—Crude oil dropped from $72.20 and is now testing the $68.8 support. The decline was expected as the Stochastic oscillator signaled overbought conditions. If $68.8 breaks, the downtrend could extend to $67.6. However, a higher low above $70.15 would invalidate the bearish outlook, potentially pushing prices back to $72.20. Link to comment Share on other sites More sharing options...
FenzoFx Posted April 4 Author Share Posted April 4 Bitcoin Technical Analysis FenzoFx—BTC/USD trend outlook is bearish below $88,650. A break below the immediate support of $81,160 can trigger a new bearish wave, targeting the next support area at $77,850. Link to comment Share on other sites More sharing options...
FenzoFx Posted April 4 Author Share Posted April 4 XRP Made a New Lower Low: What's Next FenzoFx—XRP (Ripple) trades at approximately $2.089 and made a new lower low in yesterday's trading session. The primary trend is bearish, as the price is below the 50-period simple moving average. If the price holds below the immediate resistance at $2.218, the next bearish target could be testing the $1.80 support area. Conversely, the bearish outlook should be invalidated if XRP/USD exceeds $2.218 and forms a new higher high. Link to comment Share on other sites More sharing options...
FenzoFx Posted April 7 Author Share Posted April 7 EURUSD Analysis FenzoFx—EURUSD bounced from %61.8 Fibonacci, stabilizing above $1.101. The bullish outlook is valid above $1.0955, targeting $1.109. Link to comment Share on other sites More sharing options...
FenzoFx Posted April 7 Author Share Posted April 7 USDCAD Technical Analysis FenzoFx—USD/CAD rose from 1.4025. The market outlook remains bullish if the price holds above 1.4150. In this scenario, the next bullish target will likely be the 1.4414 resistance. A dip below 1.415 invalidates the bullish outlook with a bearish target at 1.4025. Link to comment Share on other sites More sharing options...
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