Hello,Friends! The BB upper band is nearby so NZD-CHF is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 0.538. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Traders! EUR-USD is going down From the horizontal resistance Of 1.0729 already so we are Bearish bias and we will Be expecting a further Bearish move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
It is expected that this currency pair will start to fall after a little growth until it reaches the set limits
Looking at the chart of TESLA 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! ❤️
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the SPY pair which is likely to be pushed down by the bears so we will sell! ❤️ Please, support our work with like & comment! ❤️
Hello,Friends! Previous week’s red candle means that for us the BITCOIN 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 67018. ✅LIKE AND COMMENT MY IDEAS✅
Please, check our technical outlook for AUDUSD. Time Frame: 1h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 0.653. The above observations make me that the market will inevitably achieve 0.650 level. P.S We determine oversold/overbought condition with RSI...
Take a look at our analysis for USOIL. Time Frame: 3h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 84.08. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 85.12 level. P.S Overbought describes a...
Balance of buyers and sellers on the USOIL pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the sellers, therefore is it only natural that we go short on the pair. ❤️ Please, support our work with like & comment! ❤️
Hello,Friends! It makes sense for us to go short on AUD/USD right now from the resistance line above with the target of 0.647 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! GOLD pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 1H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is...
Please, check our technical outlook for GBPUSD. Time Frame: 1h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 1.250. The above observations make me that the market will inevitably achieve 1.247 level. P.S Please, note that an oversold/overbought condition can...
Here is our detailed technical review for GBPCAD. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 1.708. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.699 level soon. P.S The term oversold refers to a...
✅NATGAS made a massive Gap up from the support But after the gap the price Immediately hit a horizontal Resistance level of 2.00$ From where we are already Seeing a bearish reaction And I think that we will see A further move down next week SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! SILVER is trading in a Local downtrend and the Price has formed a bearish Flag pattern so IF we see A bearish breakout then We will be expecting A further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅EUR_CAD is going down now But a rising support level is ahead Thus I am expecting a rebound And a move up towards the target at 1.464 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Looking at the chart of EURNZD right now we are seeing some interesting price action on the lower timeframes. Thus a local move up seems to be quite likely. ❤️ 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 down. ❤️ Please, support our work with like & comment! ❤️