Hello,Friends! SILVER pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 12H timeframe the pair is going down too. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 24.118...
Hello,Friends! The BB lower band is nearby so GOLD is in the oversold territory. Thus, despite the downtrend on the 1W timeframe I think that we will see a bullish reaction from the support line below and a move up towards the target at around 2055.059. ✅LIKE AND COMMENT MY IDEAS✅
Hey Traders, in today's trading session we are monitoring GBPUSD for a buying opportunity around 1.26600 zone, GBPUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.26600 support and resistance area. Trade safe, Joe.
Please, check our technical outlook for GBPUSD. Time Frame: 7h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 1.251. The above observations make me that the market will inevitably achieve 1.261 level. P.S Please, note that an oversold/overbought condition can last...
Here is our detailed technical review for NAS100. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 16385.63. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 16626.39 level. P.S We determine...
GBPUSD H8 Here is the analysis on GBPUSD, following the signal we posted, closed and fell just short of by 2 pips before flying a solid 210 points. Fuelled by the FED and BOE, both yesterday and today. A rejection from this 1.27200 price down towards 1.26 could be the corrective retest we are looking for. The market bias and direction is now very much evident.
Hello,Traders! EUR-GBP is trading in a Local uptrend and the pair Went up just as I predicted Then broke the key horizontal Level of 0.8616 and the breakout Is confirmed which reinforces Our bullish bias and I think That we will see a further move up After a potential pullback Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
I worked out all the math behind the flight path of the bullish spaceship. I'd imagine maybe this? Space ship math is hard. idk. Like short term wise, we probably will definitely most likely pretty much see 113.36 (better say 112 to be safe) Very bullish short term climb with potential to spring up to 119-126. This is a short term chart, but should cover a lot...
Let’s see how this long position unfolds! Only 4.2% of my time is spent on taking action, the rest of 95.8% are spent on waiting, planning, testing, reviewing, assessing, studying, etc... So now ask yourself a few questions: 1. How much of a portion of your time is spent on taking action? 2. How often do you over-trade OR revenge-trade? 3. How does...
Hey Traders, in today's trading session we are monitoring NZDUSD for a buying opportunity around 0.61500 zone, NZDUSD was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.61500 support and resistance area. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring US30 for a buying opportunity around 36500 zone, US30 is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 36500 support and resistance area. Trade safe, Joe.
GBPCAD big support zone coming up. Will be looking for a price reversal! Let me know what you think!
XYO looks like a decent buy right now, very nice retracement from its peak, could see a further drop depending on what BTC decides to do with the market. The buy zone i have placed is listed form the break of Nov. 30th, TP are $0.00587 $0.00640 if btc does a push up we could see $0.00775 hit but that is pushing it a bit, well see what happens in this market...
Hello,Friends! USD/JPY pair is in the downtrend because previous week’s candle is red, while the price is clearly falling on the 1H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 145.813 because the pair oversold due to its proximity to the lower BB band and a bullish correction is likely....
Hey Traders, in today's trading session we are monitoring NZDCAD for a buying opportunity around 0.82350 zone, NZDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.82350 support and resistance area. Trade safe, Joe.
Take a look at our analysis for EURAUD. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 1.639. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 1.658 level. P.S The term oversold refers to...
Take a look at our analysis for DXY. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 103.664. Considering the today's price action, probabilities will be high to see a movement to 104.079. P.S We determine oversold/overbought condition with RSI...