Here is our detailed technical review for GOLD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 1889.57. Considering the today's price action, probabilities will be high to see a movement to 1920.02. P.S We determine oversold/overbought condition with RSI...
Take a look at our analysis for ETHUSD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 1670.55. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 1777.60 level. P.S Overbought describes a period of time...
Please, check our technical outlook for NZDUSD. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 0.591. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 0.601 level. P.S Please, note that an...
Here is our detailed technical review for CADCHF. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 0.650. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 0.654 level. P.S The term oversold...
The Medianline/Pitchfork Tool provides a high probability (~80%) to reach the Centerline from any parallel line. That means, if you can figure out how to buy as low as possible, or short as high as possible, your trade works out ~80% of time. Why would one not use this edge? Ask me questions, I'l answer.
Hello Birdies, Hope you are all well. Lets find a new perspective in BTC today. Legends Power of 3 - Blue, Red and Green rectangle Channel boundaries - Orange channels Supply Zone - Red box Fib Analysis So far we have seen that PO3 made it to the upper boundary of channel formed during the pattern If we go down to 23.6 fib level for the...
Hey Traders, in today's trading session we are monitoring USOIL for a buying opportunity around 80.50 zone, USOIL 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 80.50 support and resistance zone. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring AUDUSD for a buying opportunity around 0.63800 zone, AUDUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.63800 support zone. Trade safe, Joe.
Hello,Traders! NATGAS is going down Now but it will soon hit A support level of 2.473 From where I think the Price will go up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅USD_JPY is about to retest The horizontal support of 144.8 From where I think we will see A move up because the pair Is trading in an uptrend LONG🚀 ✅Like and subscribe to never miss a new idea!✅
On GBPAUD, I've identified an interesting long setup. The price could potentially move from 1.9780 to 2.02 without apparent obstacles. My idea is to open a long position on this currency pair. Currently, the price is in a zone that we could define as "hot," as it's situated between a demand zone and a supply zone. Within this same zone, the market has generated...
Hey Traders, in tomorrow's trading session we are monitoring US500 for a buying opportunity around 4300 zone, US500 is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 4310 support and resistance zone. Trade safe, Joe.
Hey Traders, in tomorrow's trading session we are monitoring AUDJPY for a buying opportunity around 92.400 zone, AUDJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 92.400 support and resistance zone. Trade safe, Joe.
Hello,Friends! EUR/GBP 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...
Bitcoin continues to hold support. Trading volumes remain low. I believe that the asset will rebound after the support retest is completed.
Hello,Traders! BITCOIN is now close to The horizontal support level Of 25k$ which is a major Key level so after the retest I will be expecting a rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
RSI in oversold zone (4H TF) Volumes, chart and RSI indicate a convergence formation (4H TF) I believe the asset will rebound if it holds the current support level.
Hello,Friends! GOLD pair is in the downtrend because previous week’s candle is red, while the price is evidently falling on the 1D timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 1931.281 because the pair oversold due to its proximity to the lower BB band and a bullish correction is likely....