Take a look at our analysis for USDCHF. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 0.875. 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 GBPJPY. Time Frame: 1h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 188.120. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 187.741...
Take a look at our analysis for NZDCAD. Time Frame: 3h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 0.827. 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...
Here is our detailed technical review for EURNZD. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 1.752. Considering the today's price action, probabilities will be high to see a movement to 1.756. P.S Overbought describes a period of time where there has...
Here is our detailed technical review for DXY. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 103.815. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 103.273...
✅GBP_CHF went up sharply But a strong resistance level was hit at 1.1060 Thus I am expecting a pullback And a move down towards the target at 1.104 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
✅EUR_JPY is approaching a supply level of 161.756 So according to our strategy We will be looking for the signs of the reversal in the trend To jump onto the bearish bandwagon just on time to get the best Risk reward ratio for us SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Balance of buyers and sellers on the GOLD 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! ❤️
EUR/USD -EUR/USD is in a bearish structure -above price we have IMB and LQ -If you are gonna trade that supply zone dont enter without confirmation
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 QQQ pair price action which suggests a high likelihood of a coming move down. ❤️ Please, support our work with like & comment! ❤️
Hello,Friends! Bullish trend on NATGAS, defined by the green colour of the last week candle combined with the fact the pair is oversold based on the BB lower band proximity, makes me expect a bullish rebound from the support line below and a retest of the local target above at 2.163. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! EUR/USD pair is in the downtrend because previous week’s candle is red, while the price is evidently falling on the 8H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 1.081 because the pair oversold due to its proximity to the lower BB band and a bullish correction is likely....
Take a look at our analysis for AUDUSD. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 0.652. The above observations make me that the market will inevitably achieve 0.650 level. P.S The term oversold refers to a condition where an asset has traded...
Please, check our technical outlook for DXY. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 104.192. Taking into consideration the structure & trend analysis, I believe that the market will reach 105.517 level soon. P.S The term oversold refers to a...
Hello,Traders! EUR-NZD keeps going down But a horizontal support Level is ahead at 1.7496 So after the pair hits the Level I will be expecting A local bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅AUD_USD will be retesting a resistance level of 0.6534 soon From where I am expecting a bearish reaction With the price going down but we need To wait for a reversal pattern to form Before entering the trade, so that we Get a higher success probability of the trade SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Friends! It makes sense for us to go short on CAD/CHF right now from the resistance line above with the target of 0.644 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! We are now examining the NATGAS 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 1.967 level. ✅LIKE AND COMMENT MY IDEAS✅