Take a look at our analysis for GOLD. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 2033.920. The above observations make me that the market will inevitably achieve 2050.000 level. P.S We determine oversold/overbought condition with RSI...
Hello,Friends! The BB lower band is nearby so GBP-USD 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 1.264. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! The BB lower band is nearby so SILVER 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 23.280. ✅LIKE AND COMMENT MY IDEAS✅
Embarking on an Elliott Wave journey, MINAUSDT stands on the brink of concluding a major uptrend, gracefully navigating through the final crescendo of the 5th wave. A pivotal moment unfolds as MINA finds a sturdy support at the 61.8% Fibonacci retracement level, offering a crucial foundation for further ascent. The key lies in the daily closing price, remaining...
I’m surprised and shocked that nobody is talking about ZCASH.. everybody all other bitcoin.m, Ethereum , Solana .. other cryptos too but what about ZCASH? No one is talking about it but barely because I am seeing value of ZCASH. So why I said value? Because ZCASH has officially bottomed in the 18$ range and can’t go any lower than that because we already seen...
Greeting Traders! In today's trading session, we're eyeing a potential buying opportunity for USDCAD around the 1.34000 zone. Currently, USDCAD is in an uptrend but undergoing a correction phase as it nears the 1.34000 support and resistance area. Adding a fundamental layer to our analysis, Chair Powell's recent shift in stance regarding a March rate cut is...
STORJ has been a fascinating case study since September 2022. The lingering battle below the psychologically significant $0.5 level lasted a whopping 400 days, creating a formidable supply zone. However, the tide turned in November 2023, witnessing a breakthrough marked not only by a breach but, significantly, under the weight of intense buying pressure. The...
Take a look at our analysis for AUDJPY. Time Frame: 3h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 96.569. The above observations make me that the market will inevitably achieve 97.144 level. P.S Please, note that an oversold/overbought condition can last for a...
Here is our detailed technical review for EURUSD. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 1.073. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 1.081 level. P.S Overbought...
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Gold trading strategy today: Gold after adjusting to 2015 USD earlier the last week quickly rediscovered the motivation around this level of support, currently precious metals are trading around the 2015 USD and the prospect of slightly increased in short. The reason for supporting gold prices today comes from external markets is the weaker US dollar index,...
"Hey lovelies, curious if you think gold is going to glam up or dim down today? Right now, gold is strutting around the 2025 USD mark, caught in a bit of a downtrend on the 1D chart. It seems to be eyeing a rendezvous with the 89 EMA, and let's just say, it's not the most advantageous match-up right now. This precious metal took quite the dip, with the spotlight...
"Gold prices today saw a modest uplift, buoyed by a softening USD and falling Treasury yields. The DXY's 0.3% drop spiced up the appeal of gold for investors holding other currencies, while lower U.S. 10-year bond yields cut the opportunity cost of holding non-yielding bullion. Currently trading around 2035 USD, traders are eagerly anticipating insights from...
✅CHF_JPY will soon hit A horizontal support Of 169.735 and after that We will see a move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! GBP-NZD is going down But will soon hit a Horizontal support level Of 2.0575 from where A bullish rebound It to be expected Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅EUR_NZD has retested The horizontal support Of 1.7608 from where I think we will see a Bullish rebound LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! EUR-USD has retested The horizontal support Of 1.0730 from where We are seeing a bullish Rebound and I think that The pair will go higher up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
If you haven`t bought PLTR ahead of the previous earnings: Then analyzing the options chain and the chart patterns of PLTR Palantir Technologies prior to the earnings report this week, I would consider purchasing the 19usd strike price Calls with an expiration date of 2024-3-1, for a premium of approximately $0.73. If these options prove to be profitable prior...