Here is our detailed technical review for US30. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 35458. Considering the today's price action, probabilities will be high to see a movement to 35247. P.S The term oversold refers to a condition where an asset has...
Take a look at our analysis for BITCOIN. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 29411. 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 way...
Please, check our technical outlook for USDJPY. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 142.274. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 137.203 level. ...
Hello,Friends! USOIL uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 77.69 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the USOIL pair. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! NZD/JPY pair is in the downtrend because previous week’s candle is red, while the price is evidently rising on the 12H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 85.598 because the pair is overbought due to its proximity to the upper BB band and a bearish correction...
Hello,Friends! GBP/AUD pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 17H 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...
Hello,Friends! We are going short on the EUR/AUD with the target of 1.636 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✅
Hey Traders, in today's trading session we are monitoring DXY for a selling opportunity around 102.800 zone, DXY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 102.800 support and resistance zone. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring EURGBP for a selling opportunity around 0.85800 zone, EURGBP is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.85800 support and resistance zone. Trade safe, Joe.
TVC:DXY Hello traders, Thank you for sharing your plan for the London session. It seems you're looking for short positions in the Dollar during this time. The white lines you've drawn indicate potential areas where you believe the price could move to. Make sure to stay attentive to market developments and use appropriate risk management to execute your trades...
Hello,Traders! EUR-USD is trading in a Local downtrned so after The retest of the local Horizontal resistance Of 1.1045 we are already Seeing a local pullback and I think the pair might go lower Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅GBP_NZD went up sharply But a strong resistance level of 2.0906 was hit Thus I am expecting a pullback And a move down towards the target at 2.0800 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
MY POINT 5.96 risk reward entry price 1966.8 stoploss 1968.97 takeprofit -1953.23 Don't ask me why!!!
Here we have Euro USD with a pretty similar setup to British pound to the US dollar the only difference with this is the POI sits slightly higher within our range still in the London session on Friday with clear imbalance and of course this is a representation of the 5 minute time frame that we have to show it to you on a 15 minute so please take a lower look down...
hi, there is audchf. as you know aud bearish and chf bullish trends are on. this is my roadmap for this asset, i wrote to chart some important levels for target. wait for price to come discount levels which is there some supply zones. take 1 and go take a stoploss cy
✅AUD_JPY broke the rising Support which makes us Bearish biased now And I will be expecting A bearish move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
My dear friends, SPY looks like it will make a good move, and here are the details: The market is trading on 456.89 pivot level. Bias - Bearish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Target - 451.30 About Used Indicators: On the subsequent day,...
Hello,Traders! EUR-JPY was trading in a Rising wedge but we are Now seeing a bearish Breakout so I am now Bearish biased 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!