Here is our detailed technical review for US30. Time Frame: 7h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 35053. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 34861...
Take a look at our analysis for AUDUSD. Time Frame: 1h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 0.656. The above observations make me that the market will inevitably achieve 0.650 level. P.S The term oversold refers to a condition where an asset has traded...
Hello,Friends! EUR/CAD pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 17H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.458 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
After our last trade of GBP/USD long, we now are going to play the move back down. GBP/USD broke the rising support line and went down but now retesting it so I think we will see a pullback and a retest of the target below at around 1.265.
NZD/CHF is making a pullback after the retest of the broken key level of 0.535 and as the pair is in the downtrend I think that we will see a further move down next week.
✅GBP_USD broke the rising Support line and went down But now retesting it so I think we will see a Pullback and a retest Of the target below At around 1.265 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! EUR-USD has hit a resistance Cluster of the falling and Horizontal resistance lines At around 1.104 from where We are seeing a bearish Reaction so I think that We will see a further Local move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello,Traders! AUD-USD was making a Bullish rebound but then The pair hit a horizontal Resistance of 0.6609 and We are seeing a bearish Reaction so I think that We will see a move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
My dear subscribers , I analysed this chart on GOLD, and concluded the following: The market is trading on 1942.34 pivot level. Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 1930.15 My Stop Loss - 1949.17 About Used Indicators: The...
My dear subscribers , US30 looks like it will make a good move, and here are the details: The price is coiling around a solid key level - 35055 Bias - Bearish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 34876 About Used Indicators: On the...
We are going short on the EUR/GBP with the target of 0.859 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal.
EUR/USD is making a bullish rebound on the 6H 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 1.089 level.
Please, check our technical outlook for GC1!. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 1978.1. Taking into consideration the structure & trend analysis, I believe that the market will reach 1963.5 level soon. P.S We determine oversold/overbought...
Here is our detailed technical review for EURCHF. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 0.960. Considering the today's price action, probabilities will be high to see a movement to 0.958. P.S Overbought describes a period of time where there has...
Hello,Friends! USOIL pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 1D timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 75.51...
Hello,Friends! We are going short on the EUR/GBP with the target of 0.859 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! EUR/USD is making a bullish rebound on the 6H 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 1.089 level. ✅LIKE AND COMMENT MY IDEAS✅
My dear subscribers , Please, find my technical outlook for AUD/USD below: The market is trading on 1.65639 pivot level. Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 1.64995 About Used Indicators: For more efficient signals,...