Take a look at our analysis for NZDUSD. Time Frame: 17h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 0.608. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 0.614 level. P.S We determine oversold/overbought condition...
Take a look at our analysis for DXY. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 103.447. The above observations make me that the market will inevitably achieve 103.003 level. P.S Overbought describes a period of time where there has been a...
Here is our detailed technical review for AUDNZD. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 1.077. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 1.073 level. P.S We...
Please, check our technical outlook for GBPNZD. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 2.091. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 2.078...
Here is our detailed technical review for US500. Time Frame: 17h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 5136.3. Considering the today's price action, probabilities will be high to see a movement to 5042.5. P.S Overbought describes a period of time where there has...
Please, check our technical outlook for EURUSD. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 1.088. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.091 level soon. P.S Please, note that an...
EUR/USD EUR/USD -eur/usd have 2 demands under the price -and also 2 imb's and bunch of lq -If the price mitigate our demand don't enter without confirmations
AUD/USD, H4 18 March 2024 The AUD/USD pair faced significant pressure from the robust U.S. dollar and witnessed a sharp decline in the previous session. However, the pair managed to find support ahead of the upcoming RBA interest rate decision scheduled for tomorrow (March 19th). With inflation in Australia remaining elevated, the market anticipates that the RBA...
USD/JPY, H4 18 March 2024 The Japanese yen experienced significant selling pressure as investors offloaded positions ahead of high volatility events. Despite the sell-off, bullish prospects remain for the Japanese yen, driven by speculation of potential monetary shifts from the Bank of Japan. Tuesday's BOJ meeting is poised to be consequential, with officials...
GBP/USD, H4 18 March 2024 The GBP/USD pair faced pressure from the strengthening dollar following the release of higher-than-expected PPI figures last week. Expectations are for the pair to experience notable fluctuations this week, with several significant events on the calendar likely to influence its direction. The upcoming FOMC interest rate decision on...
Take a look at our analysis for SILVER. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 25.093. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the...
Please, check our technical outlook for CADJPY. Time Frame: 5h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 110.270. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 109.791 level. P.S The...
Please, check our technical outlook for USDCHF. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 0.879. Taking into consideration the structure & trend analysis, I believe that the market will reach 0.887 level soon. P.S Please, note that an...
USD/JPY -USD/JPY made a clear uptrend push -we have a demand under the price and and also lq and IMB -If the price mitigate our demand don't enter without confirmations
Here is our detailed technical review for GOLD. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 2155.926. Considering the today's price action, probabilities will be high to see a movement to 2162.967. P.S The term oversold refers to a condition where an...
Please, check our technical outlook for CADCHF. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 0.652. Taking into consideration the structure & trend analysis, I believe that the market will reach 0.650 level soon. P.S We determine oversold/overbought...
Take a look at our analysis for BITCOIN. Time Frame: 7h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 67252. The above observations make me that the market will inevitably achieve 71786 level. P.S The term oversold refers to a condition where an asset has traded...
The inflation data from the United States has had consequences in the financial markets. The EUR/USD has depreciated by -0.67% on Thursday, March 14th. Global stock markets were heading for a tepid end of the week after seven weeks of gains, and the dollar remained strong following higher-than-expected U.S. inflation, which impacted expectations about the Federal...