Please, check our technical outlook for GOLD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 1893.75. Taking into consideration the structure & trend analysis, I believe that the market will reach 1920.72 level soon. P.S Please, note that an...
Here is our detailed technical review for EURJPY. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 158.969. Considering the today's price action, probabilities will be high to see a movement to 160.032. P.S The term oversold refers to a condition where an...
Take a look at our analysis for GBPJPY. Time Frame: 15h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 186.141. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 188.412 level. P.S We determine oversold/overbought...
Please, check our technical outlook for US30. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 35013.80. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 34585.74...
Here is our detailed technical review for BITCOIN. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 29174.06. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 30301.30 level. P.S Please,...
Take a look at our analysis for NZDUSD. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 0.598. The above observations make me that the market will inevitably achieve 0.590 level. P.S The term oversold refers to a condition where an asset has traded...
Please, check our technical outlook for EURCAD. Time Frame: 8h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 1.473. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.465 level soon. P.S We determine...
Here is our detailed technical review for DXY. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 102.935. Considering the today's price action, probabilities will be high to see a movement to 102.153. P.S Overbought describes a period of time where there has...
Take a look at our analysis for USOIL. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 82.068. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 83.775 level. P.S Please, note that an oversold/overbought...
Please, check our technical outlook for EURGBP. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 0.859. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 0.862 level. P.S The term oversold...
Here is our detailed technical review for NZDJPY. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 86.852. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 86.331...
In weekly the market is in Ascending triangle pattern. where the current market price is at weekly resistance. In daily time frame there is change in trend(from bull to bear) formed by double top neckline breakout, so the market is expected to fall further till the weekly ascending trend line(support). After the DT neckline breakout now the market is in retest,...
Take a look at our analysis for US100. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 15060.4. The above observations make me that the market will inevitably achieve 14257.5 level. P.S Overbought describes a period of time where there has been a...
Please, check our technical outlook for GOLD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 1914.50. Taking into consideration the structure & trend analysis, I believe that the market will reach 1960.53 level soon. P.S Please, note that an...
Here is our detailed technical review for GBPJPY. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 184.138. Considering the today's price action, probabilities will be high to see a movement to 182.432. P.S The term oversold refers to a condition where an...
Take a look at our analysis for CHFJPY. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 165.285. 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 way...
Please, check our technical outlook for NQ1!. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 15105.50. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 15419.50 level. P.S Overbought describes...
Here is our detailed technical review for AUDUSD. Time Frame: 3h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 0.649. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 0.653 level. P.S Please, note that...