FxNews.me — Technical Analysis

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Bitcoin Close to 103K Could Spark Rally to 105K

Bitcoin remains bullish as long as it holds above $97,700. A potential rise above $103,000 resistance may target $105,000, despite RSI indicating a possible consolidation.

Bitcoin Close To 103K Could Spark Rally To 105K

Bitcoin trades bullish, but RSI 14 signals bearish divergence, meaning the digital gold could begin a consolidation phase. The market outlook remains bullish

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Watch Ethereum for a Potential Rise to $4200

Ethereum shows bullish potential, eyeing targets at $4,090 and $4,200 if it surpasses the $3990 resistance.

Watch Ethereum For A Potential Rise To $4200

Ethereum shows bullish potential, eyeing targets at $4,090 and $4,200 if it surpasses the $3990 resistance.

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EUR/JPY is bullish, testing the 61.8% Fibonacci level with overbought signals. Watch for a potential support break at 161.4, targeting the 38.2% Fibonacci at 160.2.

EURJPY Bullish But Facing 61.8% Fibonacci Hurdle

EUR/JPY bullish, testing the 61.8% Fibonacci level with overbought signals. Watch for potential support break at 161.4, targeting the 38.2% Fibonacci at 160.2.

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NZDUSD Risks Deeper Fall Below 0.575

NZD/USD forms a bearish pattern, nearing critical support at 0.575. A break below may trigger further declines toward 0.573, increasing selling pressure

NZDUSD Risks Deeper Fall Below 0.575

NZD/USD forms a bearish pattern, nearing critical support at 0.575. A break below may trigger further declines toward 0.573, increasing selling pressure.

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USDCHF Targets 0.905 After Bouncing from Support

USD/CHF tests 0.894 resistance with sights set on 0.905. Prices rise after rebounding from 0.889 support, hinting at potential gains.

USDCHF Targets 0.905 After Bouncing From Support

USD/CHF tests 0.894 resistance with sights set on 0.905. Prices rise after rebounding from 0.889 support, hinting at potential gains.

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Inverted Hammer Hints at USDJPY Consolidation Ahead

USD/JPY shows bullish signs but faces overbought risks. Traders should watch for potential consolidation near the 152.7 support level.

Inverted Hammer Hints At USDJPY Consolidation Ahead

USD/JPY trades bullish amid overbought signals. The 4-hour chart formed an inverted hammer candlestick pattern, suggesting a consolidation phase is on the

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Bitcoin reached $108400 before declining. Key supports at $104000 and $101375 may offer bullish entry prices. Watch for candlestick patterns near these levels.

Bitcoin Hits $108400: What's Next?

Bitcoin reached $108400 before declining. Key supports at $104000 and $101375 may offer bullish entry prices. Watch for candlestick patterns near these levels.

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Ethereum Bull Market Hinges on $3770 Support

Ethereum bulls didn't break $4,090, causing a dip from December's high. The market stays bullish above $3,770, but prices must stabilize above $3,890 to resume the uptrend.

Ethereum Bull Market Hinges On $3770 Support

Ethereum's outlook stays bullish above $3770, despite bearish indicators. A strong hold could push it towards the $4090 high once again.

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GBPJPY Faces Dip Risking The 194.5 Support

GBP/JPY is in a bull market, but technical indicators signal a bearish divergence. If bears push the prices below the immediate support of 194.5, a dip to 193.1 is possible.

GBPJPY Faces Dip Risking The 194.5 Support

GBP/JPY is in a bull market, but technical indicators signal a bearish divergence. A dip to 193.1 is possible if bears push the prices below the 194.5 support.

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Litecoin to Extend Gains Above $124

Litecoin could rise to the 78.6% Fibonacci level at $137.1 if bulls maintain momentum above the $124.0 resistance, signaling a strong uptrend.

Litecoin To Extend Gains Above $124

Litecoin could rise to the 78.6% Fibonacci level at $137.1 if bulls maintain momentum above the $124.0 resistance, signaling a strong uptrend.

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Solana Nears Break Below $215 Toward $203

Solana struggles to stabilize above $225, pressuring the $215 support. A potential break below could target $203, while a rebound above $225 could negate the bearish trend.

Solana Nears Break Below $215 Toward $203

Solana pressuring the $215 support. A potential break below this level could target $203, while a rebound above $225 could negate the bearish trend.

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EURUSD Hits November Low Testing $1.033 Support

EURUSD dipped to a November low at $1.0332, testing this mark as support. Momentum indicators hint at an oversold market, which could cause prices to consolidate before the downtrend resumes.

EURUSD Hits November Low Testing $1.033 Support

EURUSD tests $1.033 as support after dipping to a November low. Iindicators suggest the market is oversold, potentially leading to a consolidation phase.

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GBPUSD Drops Below $1.261: Triggering Downtrend

GBP/USD fell below $1.261, testing the 78.6% Fibonacci support level, leaving a bearish fair value gap behind. If $1.256 support holds, a consolidation phase could be on the horizon.

GBPUSD Drops Below $1.261: Triggering Downtrend

GBP/USD fell below $1.261, testing the 78.6% Fibonacci, leaving a bearish FVG behind. If $1.256 support holds, a consolidation phase could be on the horizon.

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[FxNews]

AUDUSD Falls Below October Low Oversold at $0.620

AUD/USD fell below the October low of $0.627, signaling an oversold market. The pair may retest this level before continuing its downtrend.

AUDUSD Falls Below October Low Oversold At $0.620

AUD/USD fell below the October low of $0.627, signaling an oversold market. The pair may retest this level before continuing its downtrend.

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NZDUSD Bear Market Prevails Below $0.57

NZD/USD falls sharply, breaking the $0.575 support as both Stochastic and RSI indicators show oversold conditions, hinting at potential consolidation.

NZDUSD Bear Market Prevails Below $0.57

NZD/USD falls sharply, breaking the $0.575 support as both Stochastic and RSI indicators show oversold conditions, hinting at potential consolidation.

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[FxNews]

USDCAD Hits 1.443: Stochastic and RSI Indicate Wait

USDCAD uptrend resumed above the 50-period SMA, trading at approximately 1.443 amid overbought signals from Stochastic and RSI 14. Retail traders and investors should wait patiently for the currency pair to consolidate near 1.41.

USDCAD Hits 1.443: Stochastic And RSI Indicate Wait

USDCAD uptrend resumed above the 50-period SMA, trading at approximately 1.443 amid overbought signals from Stochastic and RSI 14. Retail traders and

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[FxNews]

Gold Consolidates Amid Fed Signals Fewer Rate Cuts

Gold faces a crucial test with the support at $2605. A break below could see levels down to $2,560 as downward pressure mounts.

Gold Consolidates Amid Fed Signals Fewer Rate Cuts

Gold is bearish below $2,640. A dip below $2,605 could trigger the downtrend, targeting $2,560.

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Bitcoin Potential Dip to $92000 Hinges on This Resistance

Bitcoin dipped to $96,000 amid oversold signals from Stochastic. The primary trend is bearish, with a target of $94,300 if the $100,000 key resistance holds.

Bitcoin Potential Dip To $92000 Hinges On This Resistance

Bitcoin dipped to $96,000 amid oversold signals from Stochastic. The primary trend is bearish, with a target of $94,300 if the $100,000 key resistance holds.

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Ethereum Challenges Key $3320 Resistance

Ethereum is testing the crucial 38.2% Fibonacci resistance level. A decisive move above $3,500 could signal recovery, while dropping below $3,320 may resume the downtrend.

Ethereum Challenges Key $3320 Resistance

Ethereum tests the 38.2% Fibonacci level, a critical resistance level, amid RSI 14 and Stochastic hinting at an oversold market. If bulls pull ETH above

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Ripple Technical Analysis - 20-December-2024

Ripple price edges near $2.14 support. Any dip below could spark a bearish wave toward $2.0. Bulls must hold this level to prevent further loss.

Ripple Faces Pressure: Lost Another 2%

Ripple trades mildly bearish below the 50.0% Fibonacci retracement level, with immediate support at $2.1. If sellers push the XRP prices below this support,

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