Here is our detailed technical review for NZDJPY. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 91.691. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 92.496 level. P.S Please, note...
Please, check our technical outlook for NZDCAD. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 0.826. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 0.829 level. P.S The term oversold refers...
Hey Traders, in the coming week we are monitoring USDCAD for a buying opportunity around 1.35300 zone, USDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.35300 support and resistance area. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring DXY for a buying opportunity around 103.700 zone, DXY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 103.700 support and resistance area. Trade safe, Joe.
Price had a strong daily close today. Price disrespected the bearish orderblock by closing above it. I want to see discount H4/H1 levels respected to then look for M15/M5 bullish displacement to trigger long. Target PDH and PWH.
Bonk rising steady. At a hurdle now. If clears it, I would long to at LEAST the next fib or trendline.
ADA/USD on the daily chart. Price flipped a rising resistance to support. Price has retraced to the .5 fib level. This coincides with an oversold trend in the RSI. Price has smashed through simple moving averages. SMA's sloping upward. Targets overhead in purple based on fib extensions. Risk:Reward: 1:9 NFA, do your own DD Novice here.
The recent price action on the GOLD pair was keeping me on the fence, however, my bias is slowly but surely changing into the bearish one and I think we will see the price go down. ❤️ Please, support our work with like & comment! ❤️
Hello,Friends! Bullish trend on AUD/JPY, defined by the green colour of the last week candle combined with the fact the pair is oversold based on the BB lower band proximity, makes me expect a bullish rebound from the support line below and a retest of the local target above at 98.222. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! It makes sense for us to go long on CAD/JPY right now from the support line below with the target of 111.101 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✅
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 104.109. Taking into consideration the structure & trend analysis, I believe that the market will reach 104.976 level soon. P.S We determine oversold/overbought...
Take a look at our analysis for SILVER. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 22.341. The above observations make me that the market will inevitably achieve 22.863 level. P.S Overbought describes a period of time where there has been a...
Here is our detailed technical review for US30. Time Frame:8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 38818.55. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 39218.35 level. P.S We determine...
Hey Traders, in today's trading session we are monitoring USDCHF for a buying opportunity around 0.88100 zone, USDCHF 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 0.88100 support and resistance area. Adding a fundamental layer there is a contradictory between...
Hey Traders, in today's trading session we are monitoring USOIL for a buying opportunity around 77.30 zone, USOIL is trading in an uptrend and currently is in a correction phase in which it is approaching around 77.30 support and resistance area. Trade safe, Joe.
I've been tracking this PEPE inverse head and shoulders for quite some time and this looks like it has the potential to be a textbook breakout. Shooting for that 300% increase level around 0.003 with 1000PEPE or 0.000003 for PEPE. I'm personally going to LONG this move with left over funds that I am not worried about losing. Looks like a perfect entry sitting at...
ADA reaching the end of its falling wedge pattern and overdue for a break out. For weeks we have been downward consolidating and with strength back in the market and Ether setting up for a breakout as well I expect to see ADA breakout to last years highs. In December we touched the 0.67 - 0.68 range and I can see this set up putting us back there. Great Long...
ADA reaching the end of its falling wedge pattern and overdue for a break out. For weeks we have been downward consolidating and with strength back in the market and Ether setting up for a breakout as well I expect to see ADA breakout to last years highs. In December we touched the 0.67 - 0.68 range and I can see this set up putting us back there. Great Long...