Please, check our technical outlook for DXY. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 105.141. 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...
CADJPY look very bullish on a daily time frame. I see a confirmed violation of a neckline of an ascending triangle formation. Because the pair is trading in a long term bullish trend the growth may easily continue. Next resistance - 115.4 ❤️Please, support my work with like, thank you!❤️
Take a look at our analysis for AUDNZD. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 1.083. Considering the today's price action, probabilities will be high to see a movement to 1.081. P.S The term oversold refers to a condition where an asset has traded...
Take a look at our analysis for NAS100USD. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 19,927.1. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 19,712.4 level. P.S We...
Here is our detailed technical review for USDCHF. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 0.884. Taking into consideration the structure & trend analysis, I believe that the market will reach 0.898 level soon. P.S Please, note that an...
Please, check our technical outlook for NZDCAD. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 0.841. The above observations make me that the market will inevitably achieve 0.846 level. P.S The term oversold refers to a condition where an asset has...
Take a look at our analysis for EURUSD. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 1.070. Considering the today's price action, probabilities will be high to see a movement to 1.077. P.S Overbought describes a period of time where there has been a...
Here is our detailed technical review for GOLD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 2,320.24. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 2,388.63 level. P.S Overbought describes...
Please, check our technical outlook for USOIL. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 78.44. 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...
Take a look at our analysis for EURNZD. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 1.742. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 1.745 level. P.S We determine...
Please, check our technical outlook for SILVER. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 29.322. The above observations make me that the market will inevitably achieve 28.300 level. P.S Overbought describes a period of time where there has...
Take a look at our analysis for NZDUSD. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 0.612. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 0.618 level. P.S Please, note that an...
Nikola is below 60 cents again. The closer to 50 cents the better. Either way this is our support key zone between 50-60 cents. Is this another opportunity or will price fail this time?
Context: • DXY has upwarts potential: Supports short in EUR/USD • Monthly neutral • Weekly neutral to bearish bias • Daily one confirmed bearish swing, respected daily FVG and disrespected bullish FVGs. Broke through prev. day low and took out weekly demand. Closed below these lows Ideas / Entry: • Short in the 4h-FVG → Shown with black arrow • Preferred:...
Please, check our technical outlook for DXY. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 105.664. The above observations make me that the market will inevitably achieve 104.909 level. P.S Overbought describes a period of time where there has...
Here is our detailed technical review for GBPUSD. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 1.268. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 1.276 level. P.S The term oversold...
Please, check our technical outlook for USDCAD. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 1.376. 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...
Here is our detailed technical review for BITCOIN. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 67,066. Taking into consideration the structure & trend analysis, I believe that the market will reach 65,026 level soon. P.S Please, note that an...