I don't usually trade CHINA50, when it comes to China I prefer HK50, but this is an interesting set up/amazing buying opportunity: - RSI is very low - 29 on daily chart, RSI was 24 few days ago. - 11000-11100 is a strong support level. Even in March 2020 the index found support at 11500 - I'm aware of economic situation, but I still believe that recession will hit...
our focal point is AUDUSD, as we actively monitor a potential buying opportunity around the 0.67000 zone. Presently riding an uptrend, AUDUSD exhibits a sustained upward trajectory. Simultaneously, the currency pair is in a correction phase, gradually converging towards the trend at the critical 0.67000 support and resistance area. This numerical level holds...
✅ETHEREUM is trading in an Uptrend and the coin is now About to retest the horizontal Support level of 2100$ from where I will be expecting a swing move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
✅NZD_JPY is trading along the rising support line And as the pair is going up now After the retest of the line I am expecting the price to keep growing To retest the supply levels above at 88.74 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! NZD-JPY is trading along The long-term rising support And the pair is already making A bullish rebound from the support After the recent retest so I think That we will see a further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello,Friends! We are now examining the USD/CAD 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 1.356 level. ✅LIKE AND COMMENT MY IDEAS✅
Here is our detailed technical review for GBPNZD. Time Frame: 3h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 2.032. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 2.043 level. P.S Please, note that an...
Please, check our technical outlook for EURGBP. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 0.860. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 0.865 level. P.S Overbought describes a period of...
✅GBP_NZD fell down sharply But a strong support level of 2.025 was hit Thus as a rebound is already happening A move up towards the target of 2.045 shall follow LONG🚀 ✅Like and subscribe to never miss a new idea!✅
In today's trading session, our primary focus is on US30, where we are actively monitoring a potential buying opportunity around the 37100 zone. Currently riding an uptrend, US30 showcases a sustained upward trajectory. Concurrently, the index is undergoing a correction phase, gradually converging towards the trend at the crucial 37100 support area. This numerical...
From one of the coins with the greatest distance to travel to get back to its ATH, which also makes it one of the coins with the greatest potential returns, this is quite a rare opportunity to literally get in at the very bottom and grow fat and ugly while watching yer Dorrars roll in.. Entry: $0.00000362 PS. Let me know what I can expect for Christmas..
Hello,Friends! Previous week’s red candle means that for us the USD/JPY pair is in the downtrend. And the current movement leg was also down but the support line will be hit soon and lower BB band proximity will signal an oversold condition so we will go for a counter-trend long trade with the target being at 146.692. ✅LIKE AND COMMENT MY IDEAS✅
Take a look at our analysis for DXY. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 102.524. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 104.398 level. P.S The term oversold refers to a...
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 102.381. The above observations make me that the market will inevitably achieve 105.495 level. P.S We determine oversold/overbought condition with RSI...
Here is our detailed technical review for USDJPY. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 142.129. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 144.009 level. P.S We determine...
our attention is directed towards NZDUSD, where we are actively monitoring a potential buying opportunity around the 0.61400 zone. Presently engaged in an uptrend, NZDUSD exhibits a sustained upward trajectory. Concurrently, the currency pair is navigating a correction phase, steadily converging towards the trend at the critical 0.61400 support area. This...
In today's trading session, our primary focus is on GBPUSD, where we are closely monitoring a potential buying opportunity around the 1.26 zone. Currently immersed in an uptrend, GBPUSD demonstrates a sustained upward trajectory. Simultaneously, the currency pair is undergoing a correction phase, gradually converging towards the trend at the critical 1.26 support...
✅AUD_CAD is trading along The rising support line so After the retest we will be Expecting a local move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅