Please, check our technical outlook for NAS100USD. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 15187.9. Considering the today's price action, probabilities will be high to see a movement to 14986.4. P.S We determine oversold/overbought condition with...
Here is our detailed technical review for GOLD. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 1926.808. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price...
Take a look at our analysis for AUDNZD. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 1.089. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 1.091 level. P.S Please, note that an...
Please, check our technical outlook for CADCHF. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 0.664. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 0.666 level. P.S The term oversold...
My dear subscribers, My technical analysis for USDCHF is below: The price is coiling around a solid key level - 0.8972 Bias - Bearish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 0.8892 About Used Indicators: By the very nature of the...
Trading volumes declined. RSI indicates overbought (30m TF) The chart formed a reversal pattern Hammer (30m TF) I think ETH will correct from the current level.
TD Sequential formed an up reversal signal (4H TF) MATIC fixed above 50EMA (4H TF) RSI is in the buying zone. The asset will continue to grow after overcoming the resistance level.
My dear followers, I analysed this chart on USDJPY Set To Grow! BUY! and concluded the following: The market is trading on 147.63 pivot level. Bias -Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 147.87 About Used Indicators: A super-trend indicator is plotted on either above or below the...
Trading volumes remain stable. The price and RSI chart formed a divergence. I believe that the asset will correct before continuing to grow.
Hello traders I hope you guys are doing amazing here is my idea on gold I think It will smoothly run go 1922 and if it breaks this level ao we will see it on 1915 easily enjoy!
Whats up gold gang! Im back from my trip to Prague .. what a beautiful city!! Quick one for you i know you've been waiting!! Im bullish on the day currently as price is moving slowly due to fomc week and no news today Price has reacted nicely from the level there and is moving up to fill the range. Im still bearish on the HTF (structure is still in place...
Dear Ziilllaatraders, We can see how the situation is playing out for gold. Latest inflation numbers showed an increase in inflation for the second month on row. This increase was the biggest in last 12 months. We think that this increase is due to the rise in oil prices. Oil prices aren't going down soon, data suggest that prices are going to increase. If the...
Gold on Friday forms a false breakdown of flat resistance (indicated on the chart). On Monday, the market forms a retest of the upper boundary and forms a false breakout again. TA on the high timeframe: 1) The market is still continuing to form a bearish trend 2) A retest of the liquidity area forms a false breakout, indicating buyer weakness at the moment. TA...
On GBP/USD, we have a price that is within a buying range, between the levels 1.2340 and 1.24. Currently, my objective is to look for a structural breakout on M15 during the London session at opening and closing, and during the New York opening. The price could reach the selling range at the 0.38% Fibonacci level at 1.2435 and then test the second selling range at...
TD Sequential formed an up reversal signal (4H TF) Price has fixed above 50EMA (1H TF) Volumes indicate active buying. RSI is in the bullish zone. I expect the price to rise.
The EURUSD pair has been trading within a Channel Down pattern since the July 27 High. So far it has only made two Lower Highs touching its top and we may be starting the sequence that might complete the 3rd. On the short-term we expect the 4H MA50 (blue trend-line) to be tested and the target on our current buy is 1.0700. That is still below the Inner Lower...
Morning folks, Situation has not changed significantly since Thu update. We still keep our short-term upside target around 27.4K. Now price is coiling around 4H K-resistance after completion of COP target (0.618 AB-CD extension). Here we have two bullish signs. First is - tight standing right under the level suggests attempt of breakout. Second - we have...
Chainlink (LINKUSD) hit today the 1D MA50 (blue trend-line) for the first time in more than a month after a Double Bottom just above the 1.5 year Support Zone. This rebound has been accomplished after the 1D MACD formed a Bullish Cross within the Buy Zone and rebounded. Every time such a MACD rebound took place, the price has always hit $8.00. That is our buy...