Hey Traders, In the upcoming week, we will be closely monitoring AUDUSD for a potential buying opportunity around the 0.68500 zone. From a technical standpoint, AUDUSD has been trading in a downtrend, but there are indications that it is currently attempting to break out of this trend. On the fundamental side, recent developments, such as the soft CPI data...
✅GOLD broke the key Horizontal level of 1935$ And the breakout is confirmed So I think that after the pullback And retest I believe that The price will keep growing LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Reverting to Allen Poe again. The Raven BY EDGAR ALLAN POE Once upon a midnight dreary, while I pondered, weak and weary, Over many a quaint and curious volume of forgotten lore— While I nodded, nearly napping, suddenly there came a tapping, As of some one gently rapping, rapping at my chamber door. “’Tis some visitor,” I muttered, “tapping at my chamber...
Welcome back! Let me know your thoughts in the comments! ** USDJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
EURUSD 15 minute chart analysis Remember, always conduct your own analysis and make informed trading decisions. Good luck!"
Hey Traders, in today's trading session we are monitoring EURGBP for a buying opportunity around 0.85150 zone, EURGBP was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.85150 support and resistance zone. Trade safe, Joe.
D1 - Bullish trend pattern followed by a correction in the form of double wave down. Price respected a strong support zone and bounced higher. Most recent downtrend line breakout. H4 - Bullish trend pattern. Currently it looks like a pullback is happening. Until the two strong support zones hold my short term view remains bullish here.
Hello,Friends! The BB lower band is nearby so USD-CHF is in the oversold territory. Thus, despite the downtrend on the 1W timeframe I think that we will see a bullish reaction from the support line below and a move up towards the target at around 0.888. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! Bullish trend on USD/CAD, defined by the green colour of the last week candle combined with the fact the pair is oversold based on the BB lower band proximity, makes me expect a bullish rebound from the support line below and a retest of the local target above at 1.327. ✅LIKE AND COMMENT MY IDEAS✅
Take a look at our analysis for US100. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 15135.6. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 15886.4 level. P.S Please, note that an oversold/overbought...
Here is our detailed technical review for CHFJPY. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 158.907. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 160.424 level. P.S We determine...
Take a look at our analysis for CADJPY. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 105.548. The above observations make me that the market will inevitably achieve 106.798 level. P.S Overbought describes a period of time where there has been a...
Welcome back! Let me know your thoughts in the comments! ** GBPAUD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
We have up.trend We have. Break.of. structure We have. Reversal pattern
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 testing a major horizontal structure 101.701. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 103.439 level. P.S Please, note...
Please, check our technical outlook for EURJPY. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 154.480. Taking into consideration the structure & trend analysis, I believe that the market will reach 156.064 level soon. P.S Overbought describes a period of time...
Hello,Friends! We are now examining the USD/JPY 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 142.977 level. ✅LIKE AND COMMENT MY IDEAS✅
H1 - Bullish trend pattern. Currently it looks like a pullback is happening. No opposite signs. Until the two strong support zones hold my short term view remains bullish here.