Here is our detailed technical review for EURCAD. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 1.499. Considering the today's price action, probabilities will be high to see a movement to 1.493. P.S Overbought describes a period of time where there has...
Please, check our technical outlook for USOIL. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 71.62. Taking into consideration the structure & trend analysis, I believe that the market will reach 73.20 level soon. P.S We determine oversold/overbought...
Take a look at our analysis for USDJPY. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 151.777. The above observations make me that the market will inevitably achieve 153.232 level. P.S Overbought describes a period of time where there has been a...
Here is our detailed technical review for BITCOIN. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 68,141.23. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 5,698.66...
Please, check our technical outlook for GBPUSD. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 1.298. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.306 level soon. P.S Please, note that an...
Take a look at our analysis for NZDJPY. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 90.965. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 92.269 level. P.S Please, note that an...
Please, check our technical outlook for SPX500USD. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 5,836.4. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 5,891.1 level. P.S The term oversold...
Here is our detailed technical review for NAS100USD. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 20,274.5. Considering the today's price action, probabilities will be high to see a movement to 20,102.3. P.S The term oversold refers to a condition where...
Take a look at our analysis for USOIL. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 71.32. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 75.37 level. P.S We determine oversold/overbought condition...
Please, check our technical outlook for EURUSD. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 1.079. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 1.071 level. P.S Overbought...
Here is our detailed technical review for AUDUSD. Time Frame: 5h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 0.665. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 0.672 level. P.S Please, note that...
Take a look at our analysis for US30USD. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 42,851.2. The above observations make me that the market will inevitably achieve 43,893.3 level. P.S The term oversold refers to a condition where an asset has...
Please, check our technical outlook for GOLD. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 2,756.196. Taking into consideration the structure & trend analysis, I believe that the market will reach 2,778.600 level soon. P.S We determine...
Here is our detailed technical review for GBPUSD. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 1.296. Considering the today's price action, probabilities will be high to see a movement to 1.303. P.S Overbought describes a period of time where there has...
Take a look at our analysis for GBPJPY. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 197.654. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 203.292 level. P.S Please, note that an...
Take a look at our analysis for GOLD. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 2,726.00. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 2,742.59 level. P.S We determine oversold/overbought...
Please, check our technical outlook for SPX500USD. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 5,849.9. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 5,898.0 level. P.S The term oversold...
Here is our detailed technical review for SILVER. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 34.118. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 30.110...