Take a look at our analysis for EURJPY. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 149.349. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 150.514 level. P.S We determine oversold/overbought...
On USDJPY, we have a currently bullish setup, a market that has just broken the highs at 138.60 and has formed a Point of Interest (POI) within a demand zone with spike convalidation. Following the Forex48 strategy, I have set a long trade with highlighted targets. Let me know your thoughts. Happy trading to everyone.
The PEAD projected a bullish outlook for CB after a positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 70%.
The PEAD projected a bullish outlook for VALE after a negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 60%.
The PEAD projected a bullish outlook for TMO after a negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 25%.
The price of EURJPY will most likely increase soon enough, due to the demand beginning to exceed supply which we can see by looking at the chart of the pair. ❤️ Please, support our work with like & comment! ❤️
The PEAD projected a bullish outlook for META after a positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 75%.
Bitcoin has formed a rising bottom. The RSI chart indicates that the initiative has shifted to buyers. I believe that the asset will continue to grow after it overcomes resistance.
50EMA broke through 200EMA up at 30m Timeframe. TD Sequential formed a reversal signal upwards (30m TF) I believe the LINK may continue to rise after fixing above the range.
EGLD confirmed the boundaries of the support area. The price bounced several times from the current area. I believe that the asset will bounce again from the support and will continue to grow.
AS you can see RNDR is in a up trend. I will wait on RNDR to break down from the up trend and when it open closes under I will open a short
XRP is trading near liquidity level. On the 4H Timeframe on the correction, the price formed a bullish takeover. The asset is testing 50EMA as support (1H TF) Price will continue to rise again from the support level.
AS you can see Kava is looking to breakout of the down trendline I will open a long position if the candles open close over the black down trend line
On XAUUSD, we have a primarily bullish setup that is currently retracing in the 1960 area and attempting to move back above 2000. My trade is based on the Forex48 2.0 strategy, which is a well-defined graphical configuration. Let me know what you think. Happy trading to everyone.
The bull run in 2020 was nothing more than a massive false breakout caused by artificial juicing of the markets by the FED and GOV. From long term perspective, we see that SPY is current at the top of its regular trading range that was set back in 2009. There has been a few false breakouts above and below the trend since 2009 The is showing the support...
ETH looks primed for one final leg up before retracing to previous supports from 2022. Then on it run to new all time highs!
MATIC is moving in an upward channel. The asset has fixed above the 200EMA on the 1H Timeframe. The price will continue to rise in the channel.
Holaa!! I am back after getting few quieres of how will BTC perform or really is it going to go to 30K again? I guess it is going to happen but is going to squeeze your patience out like a lemon haha. AS Earlier i had made the chart and i have found out the same and as i always say charts follow historic patterns. As i have tried to illustrate it here, a similar...