Insights from the Market Desk by FenzoFx.com

[FxNews]

Solana Technical Analysis




FenzoFx—Solana's decline from 163.9 eased near the $148.4 support. However, this demand zone expands to $140.0, which is backed by the high volume node.

From a technical perspective, the outlook is bullish as long as Solana trades above $140.0. In this scenario, we expect the price to target at least 50.0% of its previous range, which is approximately $155.38.

[FxNews]

Bullish Setup Forms as Institutions Accumulate Crude




FenzoFx—Crude Oil is consolidating above support at $65.18, with momentum indicators turning bullish. The Stochastic is rising from 27, and RSI is approaching the 50.0 mark. Institutional buying reported in the latest COT data reinforces the bullish bias.


A move above $67.55 could pave the road to $69.45, while the bullish outlook stays intact as long as the price remains above $61.80.

[FxNews]

Ripple Consolidates with Bullish Bias Intact





FenzoFx—XRP's uptrend was rejected at the previous week’s high of $2.34 and is currently testing support at $2.22. As long as it holds above $2.16 or the 50-SMA, the bullish trend remains valid, with $2.34 likely to be retested.


On the flip side, a close below $2.16 could trigger a decline toward $2.07.

[FxNews]

GBP/CAD Turns Lower After Breaking 1.8709 Support




FenzoFx—GBP/CAD broke below the 1.8709 support, and as of this writing, it is testing this level as resistance.


From a technical perspective, a new bearish wave could be on the horizon if the price holds below the previous day's high. In this scenario, the next bearish target could be the 1.8592 low.

[FxNews]

AAPLE Analysis



FenzoFx—AAPL is trading sideways, consolidating above $200.0. Resistance stands at $203.0, and if breached, Apple could rally toward $206.0.


$50 No Deposit Bonus > %100 Deposit Bonus > Swap Free > PAMM Account > Forex Contest

[FxNews]

Bitcoin Eyes $110K Target Above Key Support Level




FenzoFx—Bitcoin trades slightly below last week’s high near $107,660.0, while RSI 14 shows bearish divergence without a clear downward move.


Immediate support is at $107,230.0, and resistance at $108,550.0. If BTC closes above resistance, a rally toward $110,651.0 may follow. The bullish outlook remains valid as long as the price stays above $104,681.0.

[FxNews]

GBP/JPY Trades Lower After Breaching 198.0 Support




FenzoFx—GBP/JPY declined from recent highs, currently trading around 197.3. The break below Friday’s 198.0 low intensified the downtrend, with the pair nearing a key support at 196.9. A temporary rebound toward 198.0 is possible before the downtrend resumes toward 196.0. The bearish outlook is invalidated if GBP/JPY breaks above 198.9.

[FxNews]

LTC Approaches Support Zone with Breakout Potential




FenzoFx—Litecoin dropped 1.92% after approaching the $89.0 resistance. It now trades near $86.4, a zone aligned with a high-volume node and previous daily low.

Support ranges from $85.9 to $83.2. If LTC stays above $83.2, a bullish breakout above $89.0 may follow. A close below $83.2 invalidates this outlook.

[FxNews]

Crude Oil Trades in Range with Bullish Potential




FenzoFx—Crude Oil trades above key support at $64.6, hovering near $66.83. If buyers maintain control, the next upside target is $69.45. However, a bearish breakdown below $62.42 would invalidate this bullish outlook.

[FxNews]

Gold Builds Bullish Momentum After $3,294.0 Rebound




FenzoFx—Gold bounced from $3,294.0, forming a double bottom pattern as XAU/USD consolidates near $3,330.0. Stochastic has exited oversold territory, signaling strengthening bullish momentum.

If $3,294.0 holds as support, the uptrend may continue toward the $3,393.0 target.