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FxNews.me — Technical Analysis

NZDUSD at Critical Juncture at $0.593 Amid Bearish Signals

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NZD/USD formed a double-top pattern, which is a bearish chart pattern. The downtrend could be triggered if prices fall below the immediate support at $0.587.

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Bitcoin Eyes $102K with Renewed Bullish Momentum

Bitcoin rebounded from $90K and stabilized above $94K today. If bulls maintain prices above the critical support, the next bullish target could be $102K.

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Solana Dips 0.8% as Bulls Gear Up for a New Run

Solana lost %0.9 value, correcting recent gains. A close above $250 will likely trigger a new bullish wave, targeting a November high of $265.

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EURUSD Began a Bearish Trajectory From $1.60

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EUR/USD dipped below $1.053, targetting $1.043. The downtrend should be invalidated if the price exceeds the %38.2 Fibonacci retracement level.

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GBPUSD Nears $1.265 Support Amid Inflation Rise

GBPUSD faces resistance at 1.273 as Trump threatens new tariffs on Chinese goods and North American imports. A dip below $1.265 could trigger the downtrend.

 
Silver Prices Hit $31 Amid Fed Rate Cuts Expectations

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Silver prices hit a one-week high at $30.9 per ounce as traders anticipate a Federal Reserve rate cut, Middle East tensions rise, and China eyes stimulus.

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Ethereum Tested $3500 Resistance: What’s Next?

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Ethereum tested and bounced off the 50-SMA. A firm close above $3,620 triggers the uptrend, targeting the November high at $3,760.

A dip below $3,480 invalidates the bullish scenario.

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EURUSD Consolidates at $1.053 - Market Awaits a Breakout

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A new bearish wave could emerge if EUR/USD dips below $1.048, targetting $1.043. A cross above $1.060 invalidates the bearish outlook.

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GBPJPY Aims For 191.9 Resistance Amid Bearish Outlook

Technical indicators suggest the GBP/JPY bullish momentum could extend to 191.9. This level should be monitored for bearish candlestick patterns.

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Crude Oil Dips to $68.5 Ahead of OPEC+ Meeting

WTI crude oil steadies at $68.7 per barrel as traders await OPEC+ decisions on output amid geopolitical tensions and shifting production data.


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