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Thread: FxNews.me — Latest Technical & Fundamental Analysis

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    Litecoin remains bullish above $113, facing potential resistance at $140. A bearish divergence in RSI hints at possible consolidation near $123.


    Article Bearish RSI 14 Finally Hit Litecoin at $140 High

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    FxNews—Bitcoin dipped from its all-time high of $104,000 on December 5 with a sharp bearish wave, which resulted in testing the 23.6% Fibonacci retracement level at $90,980.

    Article Will BTC Resume Downtrend After Dipping From $104K?

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    Considering Ethereum is currently overpriced, it's wise to avoid buying in. Instead, watch the $3760 level closely for a potential bullish entry.

    Article Ethereum Targets $4000 – Caution Advised

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    Following BoE comments, a GBP/USD downtrend could be triggered, targeting $1.255. Governor Bailey says the Bank of England may cut interest rates by 1% next year if inflation keeps falling.

    Article ► GBPUSD Face Pressure Following BoE Comments

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    ⚠️US Gasoline Prices Rise as OPEC+ Meeting Approaches


    Gas dipped from $2.0, testing the critical $1.96 support. A dip below this level could result in a further decline, targeting $1.94.

    Article ► https://fxnews.me/us-gasoline-prices...ng-approaches/

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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.


    Article ► https://fxnews.me/crude-oil-dips-to-...-opec-meeting/

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    NZDUSD Eyes November Low if Bears Break $0.583


    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.


    Article ► https://fxnews.me/category/currency-...ical-analysis/

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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.


    Article https://fxnews.me/gbpjpy-up-by-0-6-a...rish-outlooks/

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    EURUSD Consolidates at $1.053 - Market Awaits a Breakout


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


    Article
    https://fxnews.me/eurusd-consolidate...ts-a-breakout/

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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.

    Article ► https://fxnews.me/ripple-xrp-reaches-3-when-to-buy/

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