Greetings Traders, In today's trading session, our focus shifts to USDJPY, where we are actively monitoring a potential selling opportunity around the 144.600 zone. After trading in an uptrend, USDJPY has experienced a significant breakout to the downside. The currency pair is currently navigating a correction phase, steadily approaching the critical retrace area...
EURAUD has been in a big downtrend for a while now and has been failing multiple times to break and make new lows. ----- Either it will break the upside and make new highs. Only then I will be looking for long positions. ----- Or it finally makes a new low and the I will be looking for a short retest setup. ----- Let me know what you think!
Hello,Traders! GBP-AUD is going up now And the resistance is Ahead at 1.9029 from Where I will be expecting A local bearish correction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
In the upcoming trading session, our focus is squarely on GBPAUD as we explore a potential selling opportunity around the 1.90800 zone. GBPAUD, entrenched in a downtrend, is presently navigating a correction phase, drawing closer to the trend at the crucial 1.90800 support and resistance juncture. As we delve into this analysis, it's essential to consider the...
Hello,Friends! Bearish trend on GBP/NZD, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 2.017. ✅LIKE AND COMMENT MY IDEAS✅
Hi folks today I'm prepared for you Bitcoin analytics. A few days ago price traded near support 2, but later it made an impulse down to the trend line, thereby breaking this level. After this movement, BTC in a short time backed up and then tried to rise higher, but failed and made correction to support 2. A well then Bitcoin made a strong impulse up to support 1...
✅SILVER retested the Horizontal resistance of 24.00$ From where we are seeing A bearish reaction and I think that the price will Go further down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! NZD-USD will go down Because the pair will soon Reteset the horizontal Resistance of 0.6413 From where I think we Will see a move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello,Friends! US30 uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 33334 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 US30 pair. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! EUR/AUD is making a bullish rebound on the 4H 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 1.620 level. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! We are going short on the BITCOIN with the target of 42548 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✅
Please, check our technical outlook for GBPAUD. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 1.892. Considering the today's price action, probabilities will be high to see a movement to 1.870. P.S The term oversold refers to a condition where an asset has...
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Recently price traded near support level, which coincided with support area, but soon it declined below to support line of pennant. After this, EUR in a short time rose back, thereby making fake breakout of $1.0775 level and later it made upward impulse. Price...
Take a look at our analysis for EURCAD. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 1.460. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 1.440 level. P.S Overbought...
Hello Traders, In the upcoming week, our attention is squarely on USOIL, where we are eyeing a potential selling opportunity around the 75.90 zone. The market sentiment for USOIL remains influenced by a persistent downtrend, and the current correction phase brings it closer to the crucial 75.90 support and resistance area. This juncture presents traders with an...
Greetings Traders, Our focus pivots to the US Dollar Index (DXY), where we are actively evaluating a potential selling opportunity around the 102.900 zone. As DXY charts its course within a downtrend, the ongoing correction phase places it in proximity to the trend at the critical 102.900 resistance area. This comprehensive analysis delves into the fundamental...
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 When price bounced from resistance level, which is located in resistance area, it started to trades in falling channel. In channel, BTC declined to support level, which coincided with support area and even soon made fake breakout of this level. After this, price...
Hello,Traders! USD-JPY went up sharply Then hit a horizontal Resistance of 145.00 From where I think We will see a local correction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!