Hello,Friends! USD-CHF downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 0.898 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 USD/CHF pair. ✅LIKE AND COMMENT MY IDEAS✅
Take a look at our analysis for GOLD. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 1923.98. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 1935.07 level. P.S The term oversold refers to a...
Hey Traders, in today's trading session we are monitoring EURGBP for a buying opportunity around 0.85600 zone, EURGBP is trading in a downtrend and currently seems to be attempting to break it out. if we get a breakout and rallies above the 0.85600 resistance area we would be looking for a potential retrace of the trend towards more highs. Trade safe, Joe.
Here is our detailed technical review for USDCAD. Time Frame: 3h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 1.328. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 1.334...
Watching gold, if I see it get back into range of 1921, Ill be looking at buys targeting that 1932 resistance. I think with the recent strength of the dollar that we could be looking at possible sells especially if 1916 breaks it opens up to 1911 more. From here I will also look at potential buy set ups.
A risky trade, Please add small amount to it. Target and SL has been shown on the chart. Disclaimer: I am not a SEBI Reg. Analyst. Please do your own research before investing or trading.
✅BITCOIN is trading in an Uptrend and has formed A parallel range where the Coin is consolidating for The next move and IF we See a bullish breakout then The price will go further up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Gold giving us another super simple and easy to spot range setup with clear imbalance pointing us to our high level of orders (OB) we now wait for a tap in as always before letting this thing run higher! Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk...
Take a look at our analysis for NAS100. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 15045.68. The above observations make me that the market will inevitably achieve 15228.26 level. P.S Please, note that an oversold/overbought condition can last for a...
Hey Traders, in tomorrow's trading session we are monitoring GBPAUD for a buying opportunity around 1.90700 zone, GPBAUD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.90700 support and resistance zone. Trade safe, Joe.
Hey Traders, in tomorrow's trading session we are monitoring CADJPY for a buying opportunity around 105.600 zone, CADJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 105.600 support and resistance zone. Trade safe, Joe.
Hey Traders, in tomorrow's trading session we are monitoring USDCNH for a buying opportunity around 7.21600 zone, USDCNH is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 7.21600 support zone. Trade safe, Joe.
Hey Traders, As we enter the upcoming week, our attention is focused on DXY, as it presents a potential buying opportunity within the 102.150 zone. Previously, DXY had been trading in a downtrend, but it successfully broke out of this pattern. Currently, DXY appears to be approaching the retrace area, signaling a potential second retracement from the 102.150...
Hey Traders, in the coming week we are monitoring US500 for a buying opportunity around 4380 zone, S&P500 is trading in an uptrend and currently is in a correction phase in which it is approaching the major trend at 4380 support and resistance zone. Trade safe, Joe.
Hey Traders, in the coming week we are monitoring AUDJPY for a buying opportunity around 94.400 zone, AUDJPY is approaching a significant support line around the 94.400 supply and demand area. Once bulls are confirmed i would consider 96.5 as a target as it's considered the next major resistance zone AUDJPY will be facing. Trade safe, Joe.
Hey Traders, in the coming week we are monitoring AUDNZD for a buying opportunity around 1.07500 zone, AUDNZD 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 1.07500 support zone. Trade safe, Joe.
Hey Traders, in the coming week we are monitoring USDCAD for a buying opportunity around 1.32600 zone, USDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.32600 support and resistance zone. Trade safe, Joe.
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 145.125. ✅LIKE AND COMMENT MY IDEAS✅