Please, check our technical outlook for DXY. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 105.141. 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...
Hello,Friends! The BB lower band is nearby so AUD/CHF is in the oversold territory. Thus, despite the downtrend on the 1W timeframe I think that we will see a bullish reaction from the support line below and a move up towards the target at around 0.595. ✅LIKE AND COMMENT MY IDEAS✅
Hello Everyone, I have decided to post free market idea's every week or so for free, so everyone can see what i see backed by REAL data. As you can see using Liquidation Data, Net Long/Short Data, Levels/Zones and some other analysis, we can see where the market is likely to move. Especially as we move into halving in a months time. We can see that there's...
Hello,Friends! We are going short on the NZD/JPY with the target of 94.375 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
Take a look at our analysis for NAS100USD. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 19,927.1. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 19,712.4 level. P.S We...
Looking at the chart of AUDJPY right now we are seeing some interesting price action on the lower timeframes. Thus a local move down seems to be quite likely. ❤️ Please, support our work with like & comment! ❤️
Take a look at our analysis for AUDNZD. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 1.083. Considering the today's price action, probabilities will be high to see a movement to 1.081. P.S The term oversold refers to a condition where an asset has traded...
The strict beauty of the chart is a reflection of the fierce eternal battle between the bulls and bears and right now I can clearly see that the bears are taking over so we will bend to the will of the crowd and sell too. ❤️Please, support our work with like & comment!❤️
Here is our detailed technical review for USDCHF. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 0.884. Taking into consideration the structure & trend analysis, I believe that the market will reach 0.898 level soon. P.S Please, note that an...
Please, check our technical outlook for NZDCAD. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 0.841. The above observations make me that the market will inevitably achieve 0.846 level. P.S The term oversold refers to a condition where an asset has...
Hello,Friends! GBP/CAD pair is in the downtrend because previous week’s candle is red, while the price is clearly falling on the 9H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 1.748 because the pair oversold due to its proximity to the lower BB band and a bullish correction is likely....
Hello,Friends! SILVER pair is trading in a local uptrend which know by looking at the previous 1W candle which is green. On the 2H timeframe the pair is going down. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 29.581 area....
Hello,Friends! We are now examining the CAD/CHF pair and we can see that the pair is going down locally while also being in a downtrend on the 1W TF. But there is also a powerful signal from the BB lower band being nearby indicating that the pair is oversold so we can go long from the support line below and a target at 0.647 level. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! Previous week’s red candle means that for us the EUR/NZD pair is in the downtrend. And the current movement leg was also down but the support line will be hit soon and lower BB band proximity will signal an oversold condition so we will go for a counter-trend long trade with the target being at 1.762. ✅LIKE AND COMMENT MY IDEAS✅
Balance of buyers and sellers on the NZDCHF pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the buyers, therefore is it only natural that we go long on the pair. ❤️ Please, support our work with like & comment! ❤️
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the GOLD pair price action which suggests a high likelihood of a coming move up. ❤️ Please, support our work with like & comment! ❤️
Hello,Friends! NZD/CHF downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 0.553 area still presents a good opportunity for us to buy the pair because the support line is nearby and the BB lower band is close which indicates the oversold state of the NZD/CHF pair. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! EUR-AUD downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 1.636 area still presents a good opportunity for us to buy the pair because the support line is nearby and the BB lower band is close which indicates the oversold state of the EUR/AUD pair. ✅LIKE AND COMMENT MY IDEAS✅