The PEAD projected a bullish outlook for NASDAQ:INTC after a positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 57.14%.
The PEAD projected a bullish outlook for NASDAQ:HON after a positive under reaction following its earnings release placing the stock in drift A with an expected accuracy of 90%.
Hey Traders, in today's trading session we are monitoring USDCAD for a buying opportunity around 1.35600 zone, USDCAD was trading in a downtrend and successfully managed to break it out after a bunch of positive USD data. currently we are waiting for a correction to see a potential retrace of the trend towards more upsides. Trade safe, Joe.
In CHFJPY, we have a price that is descending towards the 153 area, where we have a demand zone and where the price could create a bullish setup, potentially returning to the 154 zone. This is because we have observed a significant amount of buying and selling orders both in the highlighted supply zone and in the mentioned demand zone. Let me know what you...
In AUDJPY, we have a strong Yen that is driving the price to the 90.600 area, where there is a demand zone and where the market could create a bullish setup due to the significant amount of orders present in that zone. The entry is expected around 90.700 with a target at 91.600. Let me know what you think. Happy trading, everyone.
In EURJPY, we have a neutral setup where the price is oscillating between 148 and 150. The expectation is for the price to return to the 149 zone for a long entry with a target at 150. At that point, there is a high volume of executed orders. Let me know what you think. Happy trading, everyone.
Yeah Good Evening Dear Friends .. Lets Lear and Earn together price swept the liquidity just go for buy entry with LTF confirmation
Hello,Friends! SILVER downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 23.896 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 SILVER pair. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! GBP/USD pair is in the downtrend because previous week’s candle is red, while the price is evidently 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 1.251 because the pair oversold due to its proximity to the lower BB band and a bullish correction is likely....
BNB is trading near the border of the descending channel. The RSI chart returned to the bullish zone (30m TF) I think there will be a bounce soon.
Hello,Friends! We are going long on the EUR/USD with the target of 1.088 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✅
ATOM broke through the downward channel. The price is testing the support level again. I believe that the asset could bounce from the current level again.
ALGO has fixed above the lower boundary of the channel. Many indicators show that the asset is oversold. The price will rebound from the current level.
The indices reacted very optimistically to the labor market data and a possible pause from the Fed. The NASDAQ has approached its recent maxima and all indications are that it will attack the KIJUN line on the monthly interval. I now expect a short correction - KIJUN/TENKAN H4 - and then an attack towards the top. I will change my stance only after the slide to...
TRX forms a flag, testing the support level. The RSI chart is moving in the Buy zone on the 4H Timeframe. I believe the asset will continue to rise if it holds support.
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 104.083. Taking into consideration the structure & trend analysis, I believe that the market will reach 107.167 level soon. P.S Overbought describes a period of...
Here is our detailed technical review for GOLD. Time Frame: 3h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 1961.02. Considering the today's price action, probabilities will be high to see a movement to 1980.51. P.S Please, note that an oversold/overbought condition can...
Take a look at our analysis for GBPUSD. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 1.236. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 1.239 level. P.S The term oversold refers to a condition...