Take a look at our analysis for ETHUSD. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 1847.6. The above observations make me that the market will inevitably achieve 1873.3 level. P.S The term oversold refers to a condition where an asset has traded...
Please, check our technical outlook for EURUSD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 1.094. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.114 level soon. P.S We determine oversold/overbought...
Here is our detailed technical review for NZDCAD. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 0.804. Considering the today's price action, probabilities will be high to see a movement to 0.807. P.S Overbought describes a period of time where there has...
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 approaching a significant resistance area 102.135. 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 USOIL. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 83.068. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 86.180 level. P.S The term oversold refers...
Here is our detailed technical review for NZDUSD. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 0.600. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 0.604 level. P.S We determine...
Take a look at our analysis for USDJPY. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 144.571. The above observations make me that the market will inevitably achieve 143.856 level. P.S Overbought describes a period of time where there has been a...
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 testing a major horizontal structure 4481.4. Taking into consideration the structure & trend analysis, I believe that the market will reach 4535.6 level soon. P.S Please, note that an...
Here is our detailed technical review for GOLD. Time Frame: 3h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 1925.98. Considering the today's price action, probabilities will be high to see a movement to 1941.33. P.S The term oversold refers to a condition where an asset...
Take a look at our analysis for EURCHF. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 0.962. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 0.974 level. P.S We determine oversold/overbought condition...
Please, check our technical outlook for CADCHF. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 0.651. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 0.657 level. P.S Overbought describes a...
Here is our detailed technical review for DXY. Time Frame: 1h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 102.358. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 102.022...
Take a look at our analysis for LTCUSD. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 84.13. The above observations make me that the market will inevitably achieve 90.56 level. P.S The term oversold refers to a condition where an asset has traded...
Please, check our technical outlook for NZDUSD. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 0.607. Taking into consideration the structure & trend analysis, I believe that the market will reach 0.600 level soon. P.S We determine oversold/overbought...
Here is our detailed technical review for USDJPY. Time Frame: 8h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 143.361. Considering the today's price action, probabilities will be high to see a movement to 141.540. P.S Overbought describes a period of time where there...
Take a look at our analysis for US30. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 35379. 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 ETHUSD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 1830.3. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 2000.9 level. P.S The term oversold...
Here is our detailed technical review for EURUSD. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 1.097. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 1.108 level. P.S We determine...