Take a look at our analysis for GOLD. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 2033.920. The above observations make me that the market will inevitably achieve 2050.000 level. P.S We determine oversold/overbought condition with RSI...
USDCHF violated a major falling trend line on a daily and a key horizontal resistance then, setting a new higher high on a daily. Bulls will most likely keep dominating on the market. Next resistance - 0.8795 ❤️Please, support my work with like, thank you!❤️
Here is our detailed technical review for US100. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 17597.4. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 17170.0...
Here is our detailed technical review for CADCHF. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 0.647. Considering the today's price action, probabilities will be high to see a movement to 0.642. P.S Please, note that an oversold/overbought condition can...
Please, check our technical outlook for SPX500USD. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 4932.1. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 4848.8 level. P.S We...
Take a look at our analysis for AUDJPY. Time Frame: 3h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 96.569. The above observations make me that the market will inevitably achieve 97.144 level. P.S Please, note that an oversold/overbought condition can last for a...
Here is our detailed technical review for EURUSD. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 1.073. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 1.081 level. P.S Overbought...
Here is our detailed technical review for USOIL. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 71.87. Considering the today's price action, probabilities will be high to see a movement to 74.16. P.S We determine oversold/overbought condition with RSI...
Take a look at our analysis for AUDUSD. Time Frame: 1h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 0.649. 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...
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 testing a major horizontal structure 104.274. Taking into consideration the structure & trend analysis, I believe that the market will reach 102.143 level soon. P.S The term oversold refers to a...
MMTC is hovering around it's multi-year breakout zone. Above 72 it can bring another milestone of 100-120. Other scenario, it can consolidate for a week or two after breakout.
Please, check our technical outlook for NZDCAD. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 0.817. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 0.814 level. P.S Please,...
Take a look at our analysis for DXY. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 103.475. The above observations make me that the market will inevitably achieve 103.107 level. P.S We determine oversold/overbought condition with RSI indicator. When it...
Here is our detailed technical review for AUDJPY. Time Frame: 5h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 96.632. Considering the today's price action, probabilities will be high to see a movement to 96.007. P.S The term oversold refers to a condition where an...
Here is our detailed technical review for NAS100. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 17612.30. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 17978.61 level. P.S The term...
Sonata software has successfully given a breakout on 1HR timeframe. We can expect a continuation after a hourly red candle and entry above current high.
Have a look at NZDCAD. After a strong bearish wave that initiated at the beginning of January, the pair was consolidating for 2 weeks. Friday's NFP was very bearish for the pair and the market set a new lower low lower close on a daily, violating a key horizontal support. It may initiate a new bearish wave. Next support - 0.8115 ❤️Please, support my work...
NASDAQ:AAPL just recently had earnings and released the new VR-headset, Apple Vision Pro. I'm looking at swinging calls for NASDAQ:AAPL next week because the Jeanius Algo Suite (Indicator/Screener) gave me multiple buy confluences: Fell through 2 untested lows (~$180.17), grabbing liquidity Partially filled a Fair Value Gap Tested an uptrend line formed on...