Take a look at our analysis for SILVER. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 25.093. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the...
Here is our detailed technical review for US500. Time Frame: 17h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 5136.3. Considering the today's price action, probabilities will be high to see a movement to 5042.5. P.S Overbought describes a period of time where there has...
If you haven't sold BTC when I literally called the top: Then you need to know that a substantial sell-off of more than 400 BTC took place on the BitMEX exchange, causing a temporary drop in the CRYPTOCAP:BTC price to $8,900 before stabilizing. BitMEX has launched an investigation into this unusual activity. It wouldn't be surprising to witness similar...
Simple but effective sells on Eu. Keep it stupid simple Eu was selling, I don't like guessing, so I sold in accordance with the momentum. My entry was based on price stop hunting a level on the lower timeframe. Momentum is the key to make my strategy work. If there is no momentum in the market. My strategy will fail almost every time. This trade went up to 1:4...
If you haven't sold ETH when I literally called the top: Then you need to know that according to Fibonacci Retracement level, the institutional support is around $2900.
Hello EURUSD traders, let’s dive into today’s dynamics: The EUR/USD pair continues to face modest downward pressure, dipping to 1.0850 in the early European trading session on Tuesday. This is attributed to the renewed vigor of the USD, asserting a bearish trend that has dominated recent days. With the current rate at 1.085 and a daily depreciation of 0.2%, the...
Hello everyone, Yesterday, EURUSD continued to struggle within its downward trajectory, ultimately concluding the trading week as a victory for the sellers. Currently trading around the 1.088 mark, this pair has decisively broken out of its previous uptrend channel. A corrective trend reversal might kick off as the new week begins, although it's likely to be...
Hey Traders, in today's trading session we are monitoring GBPJPY for a selling opportunity around 191.400 zone, GBPJPY is trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 191.400 resistance area. Trade safe, Joe.
Gold price (XAU/USD) stages a modest recovery from over a one-week low touched earlier this Monday, though remains in the red through the first half of the European session. The US Dollar (USD) continues with its struggle to gain any meaningful traction amid the uncertainty over the Federal Reserve's (Fed) rate-cut path. This, along with a softer risk tone and...
Hello,Traders! GBP-NZD keeps growing and The pair is locally oversold So as it is retesting the Horizontal resistance Of 2.0962 I think that We will see a local Bearish correction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
We are looking for at least short-term fall now like the red arrows on chart also more info is shared on daily chart: DISCLAIMER: ((trade based on your own decision)) <
Hey Traders, in today's trading session we are monitoring XAUUSD for a selling opportunity around 2170 zone, Gold is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 2170 support and resistance area. Trade safe, Joe.
Attention Traders! 🚨 We're keeping a close watch on USDJPY for a potential selling opportunity within the 150.30-150.60 zone. 🎯 USDJPY in a correction phase, approaching the retrace area near 150.30-150.60 #TradingAlert #usdjpy #technicalanalysis
Hello,Friends! The BB upper band is nearby so EUR-JPY is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 161.214. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! The BB upper band is nearby so SILVER is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 23.749. ✅LIKE AND COMMENT MY IDEAS✅
Please, check our technical outlook for CADJPY. Time Frame: 5h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 110.270. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 109.791 level. P.S The...
Please, check our technical outlook for GBPNZD. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 2.091. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 2.078...
Take a look at our analysis for DXY. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 103.447. The above observations make me that the market will inevitably achieve 103.003 level. P.S Overbought describes a period of time where there has been a...