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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.

 
Gold Drops Below 100-SMA, Signaling Further Decline

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If prices remain below the %50 Fibonacci retracement level, the downtrend will likely resume.

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NATGAS Nears $3 Offering a Decent Bid to Join Bulls

NATGAS tests $3.0 critical support. The market outlook remains bullish, with NATGAS above this support, with a target of $3.22.

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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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Gasoline Futures Plunge to $1.92 as US Inventories Soar

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Gasoline futures fell to $1.92 per gallon—the lowest since September—as inventories rose unexpectedly.

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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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Ripple (XRP) Reaches $3 - When to Buy?

Ripple
hit $3, recording new highs. A break above $3.0 paves the way to $3.5. The bullish outlook is invalidated if Ripple falls below $2.38.

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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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NZDUSD Eyes November Low if Bears Break $0.583

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NZD/USD faces key support at $0.583. A break below could extend losses to November's low of $0.579. The outlook remains bearish below $0.587.

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AUDUSD Bearish Trend Resumed from $0.653

The AUD/USD immediate support is at $0.641. If prices dip below this support, the downtrend could extend to the August 2024 low at $0.634.

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