I see a confirmed daily structure violation on GBPJPY, after quite a long accumulation within a horizontal range. We can expect more growth now. Next resistance - 193.37 ❤️Please, support my work with like, thank you!❤️
Already have a position in MSFT and have traded in the past. I am adding on this pullback buy. I have about half a position size now and will look to build up my position on the next pivot.
Here is my watchlist of stocks I am adding today: NASDAQ:APPF NASDAQ:GIFI NASDAQ:IBIT MARKET GAUGE: 🟠CAUTION I have been talking about softness in the market. However, if stocks are breaking out of good positions will entertain.
CADCHF set a new higher high higher close on a daily, violating a key horizontal resistance. The next goal for the buyers will be 0.674 level. ❤️Please, support my work with like, thank you!❤️
Take a look at our analysis for AUDUSD. Time Frame: 3h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 0.651. The above observations make me that the market will inevitably achieve 0.648 level. P.S Overbought describes a period of time where there has been a...
Please, check our technical outlook for GBPNZD. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 2.105. Taking into consideration the structure & trend analysis, I believe that the market will reach 2.116 level soon. P.S Please, note that an...
Take a look at our analysis for DXY. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 104.542. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 104.862 level. P.S We determine oversold/overbought...
Please, check our technical outlook 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 2232.998. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 2344.553 level. P.S Overbought describes a...
Please, check our technical outlook for EURUSD. Time Frame: 3h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 1.074. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 1.078 level. P.S Overbought describes a...
General explanation: - I have shorted the NASDAQ:AAPL yesterday - Textbook perfect short, stage 3 topping - It is forming a ledge and rolling over Beware: - AAPL can easily come back and be supported by institutions (e.g. move to the 200D SMA and still be shortable) Some nuances: - On the week of the 18MAR it couldnt even come to the 10WK MA and rolled...
Here is our detailed technical review for NAS100. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 18217.2. Considering the today's price action, probabilities will be high to see a movement to 18560.5. P.S The term oversold refers to a condition where an...
Take a look at our analysis for USOIL. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 84.99. 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...
Here is our detailed technical review for NZDCAD. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 0.807. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 0.804...
Please, check our technical outlook for US30. Time Frame: 8h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 39768.0. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 39375.1 level. P.S The...
Here is our detailed technical review for EURCHF. Time Frame: 5h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 0.972. Considering the today's price action, probabilities will be high to see a movement to 0.976. P.S Overbought describes a period of time where there has...
Take a look at our analysis for DXY. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 104.519. The above observations make me that the market will inevitably achieve 105.518 level. P.S The term oversold refers to a condition where an asset has traded...
The chart is self-explanatory as always :) Have Requests or Questions? Let us know in the comments below. ⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or recommendation. Please consult with your financial advisors...
AUDNZD broke one more horizontal resistance last week. I think that the next goal for the buyers will be 1.0935 level - the next historical structure. I will expect a bullish continuation to the underlined yellow area. ❤️Please, support my work with like, thank you!❤️