Here is our detailed technical review for NZDCHF. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 0.541. Considering the today's price action, probabilities will be high to see a movement to 0.540. P.S Overbought describes a period of time where there has...
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 testing a major horizontal structure 2168.373. Taking into consideration the structure & trend analysis, I believe that the market will reach 2215.553 level soon. P.S We determine oversold/overbought...
GBPUSD set a new higher high higher close on a daily, violating a resistance of a wide horizontal range on a daily. It clearly indicates the dominance of buyers on the market. More growth is coming. Next resistance - 1.294 ❤️Please, support my work with like, thank you!❤️
Please, check our technical outlook for SILVER. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 23.947. Taking into consideration the structure & trend analysis, I believe that the market will reach 24.459 level soon. P.S We determine oversold/overbought...
Take a look at our analysis for EURUSD. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 1.089. The above observations make me that the market will inevitably achieve 1.094 level. P.S Overbought describes a period of time where there has been a...
Here is our detailed technical review for USOIL. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 78.57. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 80.50 level. P.S We determine...
EURUSD broke and closed above a wide horizontal daily supply area. It clearly indicates the strength of the buyers. We can anticipate a further bullish continuation. Next resistance - 1.09725 ❤️Please, support my work with like, thank you!❤️
Hello traders! This is an area where I have been expecting gold to fall for a long time. Since the price has reached the POI, I will wait for additional confirmation to go long to $2500. This is the idea of swing/position trading (very long term). It can also be considered as an investment idea. However, the risks must be calculated and you must have a proper...
Please, check our technical outlook for US500. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 5122.0. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 4997.2 level. P.S The...
Please, check our technical outlook for NZDUSD. Time Frame: 3h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 0.609. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 0.611 level. P.S Overbought describes a...
Take a look at our analysis for GOLD. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 2125.722. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 2140.229 level. P.S We determine oversold/overbought...
Here is our detailed technical review for NAS100USD. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 17959.5. Considering the today's price action, probabilities will be high to see a movement to 18481.5. P.S The term oversold refers to a condition where an...
Due to the weakness of US Dollar, NZDUSD looks bullish. I spotted a nice double bottom formation on a daily. The closest strong resistance is 0.619. The pair will most likely reach that structure soon. ❤️Please, support my work with like, thank you!❤️
USDCAD is trading within a huge rising wedge pattern on a daily time frame. After a test of an upper boundary of the wedge, the price formed a double top formation and violated its neckline yesterday. We may expect a bearish movement to the support of the wedge now. ❤️Please, support my work with like, thank you!❤️
About the Company: Samvardhana Motherson International Ltd. is a holding company, which engages in the manufacture and sale of wire harnesses, components, and wires to automotive original equipment manufacturers. It operates through the following segments: Wiring Harness, Modules and Polymer Products, and Emerging Businesses. The Wiring Harness segment focuses...
Here is our detailed technical review for CADJPY. Time Frame: 3h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 110.317. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 110.600 level. P.S Please, note...
Take a look at our analysis for CHFJPY. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 169.883. 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...
Please, check our technical outlook for NZDCAD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 0.827. Taking into consideration the structure & trend analysis, I believe that the market will reach 0.834 level soon. P.S Please, note that an...