Hello,Friends! GBP/CHF pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 1D 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 1.110...
In today's trading session, our primary focus is on EURUSD, where we are actively monitoring a potential buying opportunity around the 1.08900 zone. Presently engaged in an uptrend, EURUSD showcases a sustained upward trajectory. Simultaneously, the currency pair is navigating a correction phase, gradually converging towards the trend at the critical 1.08900...
Please, check our technical outlook for SPX500USD. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 4766.8. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 4805.8 level. P.S The term oversold refers to a...
Take a look at our analysis for USDCHF. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 0.864. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 0.867 level. P.S Overbought describes a period of...
Please, check our technical outlook for GOLD. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 2022.99. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 2046.63 level. P.S We determine...
Take a look at our analysis for USOIL. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 72.70. Taking into consideration the structure & trend analysis, I believe that the market will reach 75.31 level soon. P.S We determine oversold/overbought condition...
Here is our detailed technical review for NAS100USD. Time Frame: 30m Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 16756.9. The above observations make me that the market will inevitably achieve 16799.0 level. P.S The term oversold refers to a condition where an...
GBPCAD long setup coming soon. Big daily and 4h support zone! Let me know what you think!
Hello,Traders! ETHEREUM has retested The horizontal support Level of 2120$ and we Are seeing a bullish rebound So I think that a further local Move up is to be expected Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
PAIR: AUDCHF On both the 1H and 4H timeframe, we can notice continuous bounces off the 0.57275 level Price then climbed sharply and has been consolidating in a triangle pattern. This could be a signal for continued upside movement in the near future. This trade setup will be invalid when price breaks under 0.57880
USDCHF long setup from support zone. Let me know what you think!
Hey Traders, In today's trading session, our focus is squarely on AUDUSD, as we actively monitor a potential buying opportunity around the 0.67200 zone. Presently riding an uptrend, AUDUSD exhibits a sustained upward trajectory. Simultaneously, the currency pair is undergoing a correction phase, gradually converging towards the trend at the pivotal 0.67200 support...
With today's data we saw UJ continue its downtrend. I believe that it will bounce at around 141.700 and then reject back off the trendline to continue lower.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 Here is a detailed update top-down analysis for #USDCAD. Which scenario do you think is more likely to happen? and Why? 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
our focal point is AUDUSD, as we actively monitor a potential buying opportunity around the 0.67000 zone. Presently riding an uptrend, AUDUSD exhibits a sustained upward trajectory. Simultaneously, the currency pair is in a correction phase, gradually converging towards the trend at the critical 0.67000 support and resistance area. This numerical level holds...
✅ETHEREUM is trading in an Uptrend and the coin is now About to retest the horizontal Support level of 2100$ from where I will be expecting a swing move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
✅NZD_JPY is trading along the rising support line And as the pair is going up now After the retest of the line I am expecting the price to keep growing To retest the supply levels above at 88.74 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! NZD-JPY is trading along The long-term rising support And the pair is already making A bullish rebound from the support After the recent retest so I think That we will see a further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!