Hello,Traders! AUD-USD is trading in a Local downtrend and the Pair broke the key horizontal Level of 0.6458 and the Breakout is confirmed So we are bearish biased And we will be expecting A further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Take a look at our analysis for AUDCHF. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 0.586. Considering the today's price action, probabilities will be high to see a movement to 0.591. P.S We determine oversold/overbought condition with RSI indicator. When...
Market Analysis PT2/2 (16th April 2024) GBPJPY Analysis On the 1 hour timeframe, price action created a bearish Change of Character after rejecting off a psychological level at 192.700. In the process of forming a 1 hour CHOCH, price also created as 15 minute orderblock that hasnt been tested. I am expecting price to retrace towards the 15 minute...
Here is our detailed technical review for GOLD. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 2347.049. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 2397.410 level. P.S Please, note that an...
Take a look at our analysis for GBPAUD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 1.926. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 1.944 level. P.S The term oversold refers to...
Here is our detailed technical review for NZDCAD. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 0.818. Considering the today's price action, probabilities will be high to see a movement to 0.814. P.S Overbought describes a period of time where there has...
Hello warriors! Please join me in discussing and strategizing for the new day! SOLUSDT continues to form a correction during the recovery phase again, receiving support at 130.85. However, overcoming the broken support level around 167.00 is still a challenge and a target. If the bulls cannot muster enough strength to overcome this support, the bears could sink...
BTCUSD struggled with strong selling pressure from short-selling investors, causing the price to plummet to $65,300 at the beginning of the trading week. This downtrend resumed after key support levels were broken. According to technical analysis, the downward trend is likely to continue due to the appearance of a triple top pattern on the chart. If this...
Hello dear traders! ETHUSDT continues to trade in a short-term bearish trend. Overall, ETHUSDT is showing bearish signals as the downtrend channel remains intact, with highs and lows gradually forming. In the short term, the bearish outlook remains intact as long as the bearish channel's limited resistance is not breached, we will see further downturns in the...
Hello dear friends! Please discuss with me! BTCUSDT is currently showing signs of recovery after a string of sharp declines, currently trading at around $66,500, up 1.38% on the day. However, there remains some uncertainty as to whether the uptrend can reestablish, as the price has yet to break above the resistance at $67,600. Overall, the previous downtrend is...
World gold prices increased sharply with spot gold increasing by 41.3 USD to 2,382 USD/ounce. Gold futures prices last traded at 2,400 USD/ounce, up 39.9 USD compared to yesterday morning. Safe hidden demand due to worries about escalating tensions in the Middle East continued to provide energy for the yellow metal in the first trading session of the week. Gold...
Hello wonderful friends of Ralph Benjamin! Overall, gold prices have recovered strongly, opening at $2,361 per ounce - up $17 from last week's closing price. This rise continues on the basis of high interest in gold as a hedge asset. Amid geopolitical and economic issues, gold could theoretically continue to grow. The technical chart shows that gold remains...
Hello guy's what you say about NZDJPY Pair ? in my view .. From the analysis provided, it's evident that a break of structure followed by the formation of an inducement has occurred. The current rejection from moving below previous lows indicates the potential formation of a demand zone. This observation aligns with the prevailing four-hour trend, suggesting a...
Hello Traders ! On Wednesday 27 March, The CHFJPY Reached The Support Level (166.798 - 167.394) and Failed To Break it ! The Price Formed a Double Bottom Pattern. Currently, The Neckline is Broken ! So, I Expect Bullish Move 📈. TARGET: 169.220🎯
✅TESLA is going down now But a strong support level is ahead at 152.50$ Thus I am expecting a rebound And a move up towards the target at 170.00$ LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! AUD-CHF keeps falling but The pair will soon retest A horizontal support level Of 0.595 from where we Will be expecting a local Bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅GBP_CHF broke the rising Support then made a retest And is going down again So we are bearish biased And we will be expecting A further move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! GBP-AUD is going up now And the pair made a bullish Breakout of the key horizontal Level of 1.9272 and the Breakout is confirmed So we are bullish biased And we will be expecting The pair to go further up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!