Please, check our technical outlook for NZDUSD. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 0.607. Taking into consideration the structure & trend analysis, I believe that the market will reach 0.600 level soon. P.S We determine oversold/overbought...
Here is our detailed technical review for USDJPY. Time Frame: 8h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 143.361. Considering the today's price action, probabilities will be high to see a movement to 141.540. P.S Overbought describes a period of time where there...
This is trade idea for GBPUSD Day Trade -Sell around FVG according to the confirmation that will occur. -Possible bearish price movement towards the support. -Risk Reward 1:2
This is trade idea for AUDUSD Day Trade -Sell around FVG according to the confirmation that will occur. -Possible bearish price movement towards the support. -Risk Reward 1:2
Hey Traders, in today's trading session we are monitoring DXY for a selling opportunity around 102.400 zone, DXY was 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 102.400 support and resistance zone. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring EURCAD for a selling opportunity around 1.47700 zone, EURCAD was 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 1.47700 resistance area. Trade safe, Joe.
Looking at the 1 hour time frame, we are right at a support level. Sells were taken all day today, 3 in total, 2 being in profit with 1 in breakeven. Bias remains somewhat bearish however we must pay attention to what price can do at these levels of interest where price in the past has been finding it challenging to get through. short term bias is bullish, long...
In this trading analysis, we will provide insights into the prevailing short-term bearish bias for the EUR/CAD currency pair. We will focus on the fundamental factors that contribute to the Canadian Dollar (CAD) strength and the support from rising oil prices. Additionally, considering that an open sell position on this pair is already established, we will assess...
GBP/JPY is currently displaying signs of a bearish movement in the short-term. Several technical indicators and fundamental factors suggest that the currency pair may experience a downward trend in the coming days. Traders should exercise caution and consider bearish strategies when positioning in GBP/JPY. Technical Analysis: Bearish Downtrend: The GBP/JPY pair...
✅GBP_NZD went up just as I predicted yesterday but now The pair has hit a rising resistance Which confluences with the Horizontal key level of 2.105 Which you can not see on the chart So I think that we will see a local correction SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
I have taken a short position on EUR/USD after a double confirmation on a 15-minute candle chart (M15) at a Fibonacci level (FVG). My intention is to either close the trade entirely or partially around 23:00 Italian time. This is because significant data for the Japanese yen and the New Zealand dollar are expected during the night, in the Asian session. In...
Hello,Traders! NZD-USD is trading in a Downtrend and the pair Broke the key level Of 0.609 and the breakout Is confirmed so we will Be expecting a further Move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello,Traders! USD-CAD has hit a falling Resistance and we are seeing A bearish reaction so I think That we will see a further correction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
The strict beauty of the chart is a reflection of the fierce eternal battle between the bulls and bears and right now I can clearly see that the bears are taking over so we will bend to the will of the crowd and sell too. ❤️ Please, support our work with like & comment! ❤️
Bitcoin is once again testing 200EMA as resistance on the 4H TF. Once the price reaches the level the asset reacts by increasing selling. I believe that the chart will start to decline again.
My dear subscribers , I analysed this chart on USD/JPY, and concluded the following: The asset is approaching an important pivot point 143.130 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 141.499 About Used Indicators: By the very...
My dear friends , EUR/USD looks like it will make a good move, and here are the details: The market is trading on 1.09455 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 1.08763 Recommended Stop Loss - 1.09838 About Used Indicators: A pivot point is a technical analysis...
My dear subscribers , This is my opinion on the US500 next move: The price is coiling around a solid key level - 4467.9 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Goal - 4441.2 My Stop Loss - 4483.2 About Used Indicators: The pivot point...