Hello,Friends! We are now examining the NZD/USD 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 0.608 level. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! We are going long on the USOIL with the target of 84.39 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band.However, we should use low risk here because the 1W TF is red and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! It makes sense for us to go long on GBP/JPY right now from the support line below with the target of 192.689 because of the confluence of the two strong factors which are the general uptrend on the previous 1W candle and the oversold situation on the lower TF determined by it’s proximity to the lower BB band. ✅LIKE AND COMMENT MY IDEAS✅
Amidst prolonged tensions in the Middle East, global gold prices have surged, defying expectations despite robust economic data from the U.S. The sharp rise in gold prices comes as Israel signals readiness to retaliate against Iran's attacks, disregarding calls for restraint from Western nations. In the face of escalating geopolitical tensions, global gold prices...
Hello,Traders! GBP-AUD went down sharply And the pair is locally oversold So as we are already seeing a Bullish rebound from the Horizontal support level of 1.911 A further move up is to be expected Buy Like, comment and subscribe to help us grow! Check out other forecasts below too!
Take a look at our analysis for EURCHF. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 0.969. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 0.965 level. P.S The term...
Here is our detailed technical review for USOIL. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 81.78. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 79.47 level. P.S Please,...
Here is our detailed technical review for GBPNZD. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 2.100. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 2.094 level. P.S We...
Here is our detailed technical review for CADJPY. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 112.406. Taking into consideration the structure & trend analysis, I believe that the market will reach 112.972 level soon. P.S Overbought describes a period...
The analysis of the CADCHF chart clearly shows us that the pair is finally about to tank due to the rising pressure from the sellers. ❤️ 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! GOLD is making a bearish pullback on the 2H TF and is nearing the support line below while we are generally bullish biased on the pair due to our previous 1W candle analysis, thus making a trend-following long a good option for us with the target being the 2394.469 level. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! EUR/AUD is trending up which is obvious from the green colour of the previous weekly candle. However, the price has locally plunged into the oversold territory. Which can be told from its proximity to the BB lower band. Which presents a great trend following opportunity for a long trade from the support line below towards the supply level of...
Hello,Friends! NQ1! pair is in the downtrend because previous week’s candle is red, while the price is obviously 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 17886.00 because the pair oversold due to its proximity to the lower BB band and a bullish correction is likely....
Hello,Friends! EUR/JPY pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 6H 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...
Hello,Friends! We are targeting the 1.465 level area with our short trade on EUR/CAD which is based on the fact that the pair is overbought on the BB band scale and is also approaching a resistance line above thus going us a good entry option. ✅LIKE AND COMMENT MY IDEAS✅
Don't expect of keeping on the upstairs moving of such upward race for BYBIT:SQTUSDT , which we are watching for during last months. Waiting for correction until 0.026 approx before time to buy comes. Idea is to multiply input for 4 times in a month. Does not constitute a recommendation. #furoreggs #investing #stocks #shares #idea #forecast #trading...
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! ❤️