The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the GOLD pair price action which suggests a high likelihood of a coming move up. ❤️ Please, support our work with like & comment! ❤️
Please, check our technical outlook for DXY. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 105.141. 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 all...
Hello,Friends! GBP/NZD pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 2H timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 2.062...
Hello,Friends! GBP/CAD pair is in the downtrend because previous week’s candle is red, while the price is clearly falling on the 9H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 1.748 because the pair oversold due to its proximity to the lower BB band and a bullish correction is likely....
Here is our detailed technical review for GOLD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 2,320.24. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 2,388.63 level. P.S Overbought describes...
Hello,Friends! Previous week’s green candle means that for us the GOLD pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 2292.243. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! We are now examining the GBP/CHF pair and we can see that the pair is going down locally while also being in a downtrend on the 1W TF. But there is also a powerful signal from the BB lower band being nearby indicating that the pair is oversold so we can go long from the support line below and a target at 1.145 level. ✅LIKE AND COMMENT MY IDEAS✅
Please, check our technical outlook for NZDCAD. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 0.841. The above observations make me that the market will inevitably achieve 0.846 level. P.S The term oversold refers to a condition where an asset has...
Take a look at our analysis for EURUSD. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 1.070. Considering the today's price action, probabilities will be high to see a movement to 1.077. P.S Overbought describes a period of time where there has been a...
Balance of buyers and sellers on the NZDCHF pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the buyers, therefore is it only natural that we go long on the pair. ❤️ Please, support our work with like & comment! ❤️
Hello,Friends! NZD/CHF downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 0.553 area still presents a good opportunity for us to buy the pair because the support line is nearby and the BB lower band is close which indicates the oversold state of the NZD/CHF pair. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! We are going short on the SILVER with the target of 29.086 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
The price of NATGAS will most likely increase soon enough, due to the demand beginning to exceed supply which we can see by looking at the chart of the pair. ❤️ Please, support our work with like & comment! ❤️
Please, check our technical outlook for USOIL. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 78.44. 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 all...
Take a look at our analysis for EURNZD. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 1.742. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 1.745 level. P.S We determine...
Hello,Friends! EUR-AUD downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 1.636 area still presents a good opportunity for us to buy the pair because the support line is nearby and the BB lower band is close which indicates the oversold state of the EUR/AUD pair. ✅LIKE AND COMMENT MY IDEAS✅
Our strategy, polished by years of trial and error has helped us identify what seems to be a great trading opportunity and we are here to share it with you as the time is ripe for us to buy GBPAUD. ❤️ Please, support our work with like & comment! ❤️
Please, check our technical outlook for DXY. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 105.664. The above observations make me that the market will inevitably achieve 104.909 level. P.S Overbought describes a period of time where there has...