Hi Guys, so I expect this week to be interesting, with a lot of analysis by traders and emotions in play. For USDCAD I expect a bullish run in line with weekly Price Action and hopefully, the market will give us that edge, possible entry levels are already indicated, don't forget to manage risk, we minimize losses till we hit the winners and maximize those. All...
Please, check our technical outlook for GC1!. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 1978.1. Taking into consideration the structure & trend analysis, I believe that the market will reach 1963.5 level soon. P.S We determine oversold/overbought...
Here is our detailed technical review for EURCHF. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 0.960. Considering the today's price action, probabilities will be high to see a movement to 0.958. P.S Overbought describes a period of time where there has...
Take a look at our analysis for GBPCHF. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 1.111. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 1.114 level. P.S Please, note that an oversold/overbought...
Please, check our technical outlook for SPX500. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 4521.86. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 4634.36 level. P.S The term oversold...
Here is our detailed technical review for GOLD. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 1933.16. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 1950.06 level. P.S We determine...
Take a look at our analysis for GBPUSD. Time Frame: 3h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 1.271. The above observations make me that the market will inevitably achieve 1.262 level. P.S Overbought describes a period of time where there has been a...
Please, check our technical outlook for USDCHF. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 0.874. Taking into consideration the structure & trend analysis, I believe that the market will reach 0.868 level soon. P.S Please, note that an...
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 102.380. Considering the today's price action, probabilities will be high to see a movement to 101.082. P.S The term oversold refers to a condition where an asset...
Take a look at our analysis for NQ1!. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 15374.75. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 15675.50 level. P.S We determine oversold/overbought...
Please, check our technical outlook for USDCAD. Time Frame: 3h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 1.337. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 1.332 level. P.S Overbought...
Here is our detailed technical review for EURNZD. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 1.799. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 1.791...
Take a look at our analysis for NAS100. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 15585.4. The above observations make me that the market will inevitably achieve 16253.2 level. P.S The term oversold refers to a condition where an asset has...
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 1.099. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.132 level soon. P.S We determine oversold/overbought...
Here is our detailed technical review for GBPUSD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 1.277. Considering the today's price action, probabilities will be high to see a movement to 1.299. P.S Overbought describes a period of time where there has...
Take a look at our analysis for GBPCHF. Time Frame: 3h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 1.117. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 1.121 level. P.S Please, note that an oversold/overbought...
Please, check our technical outlook for DXY. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 101.472. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 100.619 level. P.S The term...
Here is our detailed technical review for GOLD. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 1957.59. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 1985.04 level. P.S We determine...