Hello,Friends! The BB upper band is nearby so EUR-NZD 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 1.758. ✅LIKE AND COMMENT MY IDEAS✅
Please, check our technical outlook for DXY. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 103.247. Considering the today's price action, probabilities will be high to see a movement to 102.672. P.S Overbought describes a period of time where there has...
"USDJPY This Week: Continuation of Uptrend or a Correction in Sight?" Faced with the challenging question of USDJPY's direction this week, we observe that the currency pair is maintaining a remarkable upward streak, reaching 147.89 in the early trading hours of the week. In the short term, technical indicators continue to support the upward trajectory of USDJPY....
Hey Traders, in today's trading session we are monitoring GBPJPY for a buying opportunity around 187.000 zone, GBPJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 187.000 support and resistance area. Trade safe, Joe.
USDCAD Best level for selling the market. Already broker with support level and start go down. USDCAD SELL NOW AT 1.3431 TAKE PROFIT 01 : 1.3349 STOP LOSS 1.3510 Please follow a sensible and responsible money management strategy when trading. You should never invest money that you cannot afford to lose. Risk 3% of capital
Hello dear friends, let's discuss EURUSD last week with Karina and discuss strategies for the new week's trend! Last week EURUSD was stuck in a downtrend with the price currently closing below the 1,090 support level and currently trading around 1,089. Accordingly, the price recovered slightly when making the correction, but will encounter resistance again at...
If you haven`t sold SCHW here: Then analyzing the options chain and the chart patterns of SCHW The Charles Schwab Corporation prior to the earnings report this week, I would consider purchasing the 66usd strike price Puts with an expiration date of 2024-1-19, for a premium of approximately $2.06. If these options prove to be profitable prior to the earnings...
If you haven`t bought AA before the previous earnings: Then analyzing the options chain and the chart patterns of AA Alcoa Corporation prior to the earnings report this week, I would consider purchasing the 30usd strike price at the money Puts with an expiration date of 2024-1-19, for a premium of approximately $1.13. If these options prove to be profitable...
If you haven't bought OCEAN's dip mentioned in the last article here: Then you need to know that with the stock market at an all-time high, I anticipate crypto assets to follow suit. In this scenario, my price target for OCEAN is the next resistance, $0.54.
Hello,Friends! We are now examining the USOIL pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 70.56 level. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! The BB upper band is nearby so USD/CAD is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 1.314. ✅LIKE AND COMMENT MY IDEAS✅
✅GOLD broke the support Cluster of the rising and Horizontal support lines At around 2020$ and the Breakout is confirmed so After the pullback and Retest of the broken levels I will be expecting a Further move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! USD-CAD went up sharply But then hit a horizontal Resistance level of 1.352 From where we are already Seeing a bearish reaction And I think that the pair Will go further down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hey Traders, in the coming week we are monitoring EURGBP for a selling opportunity around 0.86000 zone, EURGBP is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.86000 support and resistance area. Trade safe, Joe.
Hey Traders, in the coming week we are monitoring AUDUSD for a selling opportunity around 0.66500 zone, AUDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.66500 support and resistance area. Trade safe, Joe.
Hello,Friends! NZD/USD is making a bullish rebound on the 1H TF and is nearing the resistance line above while we are generally bearish biased on the pair due to our previous 1W candle analysis, thus making a trend-following short a good option for us with the target being the 0.610 level. ✅LIKE AND COMMENT MY IDEAS✅
Please, check our technical outlook for EURNZD. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 1.780. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 1.767 level. P.S We...
Please, check our technical outlook for DXY. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 103.332. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 100.205...