I really dont trade crosses at all, but when I see a pullback cooking I take it. On NZDCHF I see a potential buy opportunity from 0.5350 targeting highs of 0.54160 Use proper risk amanagement and remember the spreads on crosses are high. Cheers
Hello,Friends! Bullish trend on AUD/JPY, 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 98.222. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! It makes sense for us to go long on CAD/JPY right now from the support line below with the target of 111.101 because of the confluence of the two strong factors which are the general uptrend on the previous 1W candle and the oversold situation on the lower TF determined by it’s proximity to the lower BB band. ✅LIKE AND COMMENT MY IDEAS✅
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 104.109. Taking into consideration the structure & trend analysis, I believe that the market will reach 104.976 level soon. P.S We determine oversold/overbought...
Hello dear friends, let's discuss today's EURUSD market with me ! The EURUSD pair has been trading quite calmly and hasn't shown much price change, maintaining around 1.083 USD since the start of the week. Looking at today's short-term chart analysis: The pair has retreated beyond the 0.5 - 0.618 Fibonacci retracement levels, suggesting that sellers might have...
Take a look at our analysis for SILVER. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 22.341. The above observations make me that the market will inevitably achieve 22.863 level. P.S Overbought describes a period of time where there has been a...
Here is our detailed technical review for US30. Time Frame:8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 38818.55. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 39218.35 level. P.S We determine...
Gold prices are struggling to find meaningful momentum as the market awaits a new catalyst. The narrative of enduring higher interest rates by the Fed has curtailed the potential for XAU/USD's price increase. From a technical standpoint, the ability to consistently break through the resistance at $2,041-$2,042 would serve as a fresh stimulus for bullish...
Hey Traders, in today's trading session we are monitoring USDCHF for a buying opportunity around 0.88100 zone, USDCHF 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 0.88100 support and resistance area. Adding a fundamental layer there is a contradictory between...
Hey Traders, in today's trading session we are monitoring USOIL for a buying opportunity around 77.30 zone, USOIL is trading in an uptrend and currently is in a correction phase in which it is approaching around 77.30 support and resistance area. Trade safe, Joe.
Straight up scalps on this trade, entry on point with the nice U support we could see this push all the way up to $0.015--$0.017 some resistance around $0.008--$0.0092 Zoom in for scalps and out for swing to see what I see on this trade currently watching this on a 15 minute chart even though its posted as a 4hr chart for visual just a prime push for this coin...
✅EUR_USD went down to retest a horizontal support of 1.0796 Which makes me locally bullish biased And I think that a move up From the level is to be expected Towards the target above at 1.0822 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Indicator will print bull signal if close above 1.08300 on the 15m it would be cosidered a high probability trade 1.ema cross 2.bullish on rsi 3. above hll 4.above blue line 5. ema retest ?6. bullish signal print?
Weekly: Bullish, Retested unmitigated ob 163.150-750, Week closed above recent high, price is 300 pips above last major support and 120 pips from next major resistance. Daily: Bullish, Rejection from major resistance the day before market close, Price is on a 100 pip bullish run breaking major zone without a valid pullback. 4hr: Consolidation, Double top pattern...
Hey Traders, in today's trading session we are monitoring GBPCHF for a buying opportunity around 1.10900 zone, GBPCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.10900 support and resistance area. Trade safe, Joe.
Hello,Friends! CAD/CHF pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 12H timeframe the pair is going down too. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 0.653...
Here is our detailed technical review for DXY. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 103.995. Considering the today's price action, probabilities will be high to see a movement to 105.026. P.S Overbought describes a period of time where there has...
Greetings, dear friends! Yesterday, the GBPUSD experienced a significant corrective decline, currently trading around 1.2666 and having broken free from its previous ascending channel. With the US Dollar (USD) in high demand before a key US event, it's exerting pressure on this primary currency pair, and I'm anticipating a further decline for GBPUSD towards the...