Recent content by FxNews

EUR/USD Consolidates Amid Stochastic and RSI Signals FenzoFx—EUR/USD began consolidating from $1.0943 (higher high) and broke below the $1.089 immediate support. This decline was anticipated due to the overbought signal indicated by the Stochastic Oscillator and the bearish divergence signal...

$50.0 No Deposit Bonus FenzoFx—We are offering traders a $50.0 no-deposit bonus as an introduction to FenzoFx. This allows you to explore our decentralized trading platform and its features without financial commitment. Feel free to reach out with any questions or for further assistance.

EUR/JPY Outlook: Will the Uptrend Continue? FenzoFx—EUR/JPY slipped below 161.2 as the Stochastic Oscillator indicated overbought conditions. However, the pair remains above the ascending trendline, signaling a continuation of the bullish primary trend. From a technical standpoint, the...

Litecoin's Next Move FenzoFx—Litecoin failed to surpass $93.0, resulting in a 2.3% decline in its value today. Immediate support lies at $86.0. If this level is maintained, LTC could regain its bullish trend. However, a close below $86.0 could trigger a downtrend, with targets at $81.0 and $75.0.

Bullish Wicks Point to LTC Consolidation FenzoFx—Litecoin struggles with the descending trendline. Meanwhile, the 4-hour chart formed a long wick bullish candlestick pattern and the Awesome Oscillator signals divergence. This indicates a consolidation phase toward higher resistance levels on...

Bitcoin’s Bullish Double-Bottom Pattern at Key Fibonacci Level FenzoFx—Bitcoin formed a double-bottom pattern near the 50% Fibonacci support level on the daily chart. The Awesome Oscillator signals divergence, suggesting a rise toward $95,350 is expected. The bullish outlook should be...

Ripple’s Turning Point: $2.208 in Focus FenzoFx—XRP faces resistance at $2.208, with the stochastic indicator nearing an overbought signal. The primary trend remains bearish below $2.213, which is likely to continue if the price dips below $2.10. In such a case, the next bearish target could...

Swap Free for All Clients FenzoFx now offers swap-free accounts to all customers after successful negotiations with our liquidity providers. This feature is enabled by default, meaning new accounts automatically include swap-free functionality. You can trade currencies, commodities...

USD/CHF: Resistance Met, Downtrend Looms FenzoFx—USD/CHF rose to the 0.8914 CHF resistance as expected, due to the Stochastic Oscillator being in oversold territory. At the time of writing, the currency pair is trading slightly below this resistance, with the Stochastic signaling overbought...

Gold Rebounds: Bullish Momentum Targets $2,930 Yesterday, Gold broke below the $2,892 support level but unexpectedly reversed upward, currently trading at approximately $2,910. The latest bar of the Awesome Oscillator has turned green, suggesting that the current bullish momentum may resume...

NATGAS Consolidates; $4.60 Break Could Spark Rally FenzoFx—NATGAS started consolidating after it peaked at $4.95, trading slightly below the $4.60 resistance. As long as the price is above the ascending trendline, the trend outlook should be considered bullish. Cold weather is forecasted for...

USDCHF Downtrend Pauses at Key Fibonacci Support FenzoFx—USDCHF trades bearish, but the downtrend eased at the %50.0 Fibonacci support level. Meanwhile, the stochastic oscillator stepped outside the oversold territory, strengthening bullish momentum. The Awesome Oscillator bars also turned...

Ripple Tests Resistance: Will XRP Hit $2.544 Next? FenzoFx—XRP tested the February 25 low at 1.9530 as support and bounced from it as expected. At the time, the Stochastic and RSI 14 were signaling overbought. As of this writing, Ripple trades at approximately $2.117. The immediate...

GBP/JPY Downtrend: 188.0 in Sight? FenzoFx—GBP/JPY is in a bear market, testing the 189.0 mark as support. Meanwhile, the Awesome Oscillator has shifted below the signal line, indicating that the downtrend should prevail. The primary support is at 189.6. From a technical perspective, a...

Bitcoin Finds Support in Bear Market FenzoFx—Bitcoin traded in a bear market at approximately $83,200 in today's trading session. The Stochastic oscillator stepped away from oversold territory, meaning the downtrend has eased. The immediate resistance is at the 61.8% Fibonacci level, the...