Please, check our technical outlook for EURCHF. Time Frame: 3h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 0.968. The above observations make me that the market will inevitably achieve 0.963 level. P.S The term oversold refers to a condition where an asset has...
Take a look at our analysis for EURGBP. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 0.843. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 0.836 level. P.S We determine...
Here is our detailed technical review for USDJPY. Time Frame: 1h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 157.343. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 157.222 level. P.S The...
Take a look at our analysis for GOLD. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 2,314.851. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 2,290.400...
Here is our detailed technical review for US30. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 38,672.5. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 39,721.8 level. P.S Overbought...
Please, check our technical outlook for SILVER. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 29.428. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 31.535 level. P.S Please, note that an...
Here is our detailed technical review for AUDCAD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 0.911. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 0.919 level. P.S Overbought describes a...
Take a look at our analysis for SPX500USD. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 5,386.5. Considering the today's price action, probabilities will be high to see a movement to 5,439.7. P.S Overbought describes a period of time where there has been...
Take a look at our analysis for GOLD. Time Frame: 8h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 2,306.082. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 2,255.530...
Take a look at our analysis for NAS100USD. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 19,001.1. Considering the today's price action, probabilities will be high to see a movement to 19,199.3. P.S Overbought describes a period of time where there has been...
Here is our detailed technical review for NZDJPY. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 96.950. Taking into consideration the structure & trend analysis, I believe that the market will reach 97.390 level soon. P.S We determine oversold/overbought...
Please, check our technical outlook for DXY. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 105.175. The above observations make me that the market will inevitably achieve 106.475 level. P.S Overbought describes a period of time where there has been...
Take a look at our analysis for EURUSD. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 1.076. Considering the today's price action, probabilities will be high to see a movement to 1.079. P.S The term oversold refers to a condition where an asset has traded...
Please, check our technical outlook for GBPJPY. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 200.139. 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...
Please, check our technical outlook for GBPUSD. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 1.270. The above observations make me that the market will inevitably achieve 1.273 level. P.S The term oversold refers to a condition where an asset has...
Here is our detailed technical review for NZDCAD. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 0.841. Taking into consideration the structure & trend analysis, I believe that the market will reach 0.845 level soon. P.S We determine oversold/overbought...
Here is our detailed technical review for SPX500USD. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 5,339.5. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 5,407.5 level. P.S Overbought...
Please, check our technical outlook for EURCHF. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 0.968. The above observations make me that the market will inevitably achieve 0.965 level. P.S Overbought describes a period of time where there has been...