Take a look at our analysis for DAX. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 16467.15. The above observations make me that the market will inevitably achieve 16798.68 level. P.S The term oversold refers to a condition where an asset has...
Please, check our technical outlook for GBPAUD. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 1.931. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.944 level soon. P.S We determine...
Hello! To long this cryptocurrency, it's better to identify a suitable range that has the value of taking the risk. You have identified two patterns for going long on this asset, and you give a higher probability of going long in the first base. Without having any additional information about this asset and the identified patterns, I cannot provide an opinion on...
Daily Chart FX:EURUSD bounced from the support Chart 1H TF FX:EURUSD soared very strong and now it's pulling back the support around 1.098x Wait for buy order at this level
Here is our detailed technical review for SILVER. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 24.316. Considering the today's price action, probabilities will be high to see a movement to 22.992. P.S Overbought describes a period of time where there has...
Take a look at our analysis for NZDUSD. Time Frame: 3h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 0.615. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 0.620 level. P.S Please, note that an oversold/overbought...
Please, check our technical outlook for NZDJPY. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 86.907. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 85.991 level. P.S The...
Here is our detailed technical review for ZW1!. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 703'2. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 812'7 level. P.S We determine...
Take a look at our analysis for GOLD. Time Frame: 8h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 1948.85. The above observations make me that the market will inevitably achieve 1930.69 level. P.S Overbought describes a period of time where there has been a...
Please, check our technical outlook for EURCAD. Time Frame: 3h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 1.450. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.442 level soon. P.S Please, note that an...
Here is our detailed technical review for GBPNZD. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 2.086. Considering the today's price action, probabilities will be high to see a movement to 2.094. P.S The term oversold refers to a condition where an asset...
USDINR is at the resistance zone, if manage to close below, we can see a potential downside. This is purely a technical view. Any change in sentiments can affect the price adversely. Please do like and subscribe. Any suggestions or advice is humbly welcomed. Disclaimer:I am not a SEBI Registered Analyst, and the views expressed here are solely my...
Take a look at our analysis for DXY. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 100.559. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 101.710 level. P.S We determine oversold/overbought...
Please, check our technical outlook for GC1!. Time Frame: 3h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 1977.1. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 1988.0 level. P.S Overbought describes a...
Here is our detailed technical review for USDCAD. Time Frame: 8h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 1.316. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 1.306...
Take a look at our analysis for CADCHF. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 0.649. The above observations make me that the market will inevitably achieve 0.655 level. P.S The term oversold refers to a condition where an asset has traded...
Please, check our technical outlook for US500. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 4560.8. Taking into consideration the structure & trend analysis, I believe that the market will reach 4532.7 level soon. P.S We determine oversold/overbought...
Take a look at our analysis for EURUSD. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 1.106. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 1.119 level. P.S Please, note that an oversold/overbought...