Please, check our technical outlook for AUDNZD. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 1.083. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 1.085 level. P.S Overbought describes a period...
Hello,Traders! EUR-CAD broke the long-term Rising support line and the Breakout is confirmed so we Are bearish biased on the pair And we will be expecting A bearish continuation With the aim of retesting The local support below at 1.449 Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Here is our detailed technical review for DXY. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 104.900. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 103.576 level....
Take a look at our analysis for GOLD. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 1924.299. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 1907.107...
Please, check our technical outlook for SILVER. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 23.025. The above observations make me that the market will inevitably achieve 23.664 level. P.S We determine oversold/overbought condition with RSI...
Here is our detailed technical review for NZDUSD. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 0.590. Taking into consideration the structure & trend analysis, I believe that the market will reach 0.585 level soon. P.S Overbought describes a period of time...
Hello,Traders! USD-CAD is trading in an Uptrend and the pair made A bullish breakout and it is Now confirmed which means That after a pullback and retest We will see a further move up Towards the target of 1.372 Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Dhanuka looks good here. Have added half qty at 821. Will add more at retest and next breakout levels.
Take a look at our analysis for SPX500USD. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 4458.0. Considering the today's price action, probabilities will be high to see a movement to 4478.3. P.S Please, note that an oversold/overbought condition can last for a long time,...
Please, check our technical outlook for ETHUSD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 1633.08. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 1745.02 level. P.S The term oversold refers...
Here is our detailed technical review for USDCAD. Time Frame: 1h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 1.364. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 1.360...
Take a look at our analysis for EURGBP. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 0.858. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 0.861 level. P.S Overbought...
MSUMI getting range bound since few sessions. Clear breakout will be good point to enter. keep on tracking.
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 104.748. The above observations make me that the market will inevitably achieve 103.483 level. P.S Please, note that an oversold/overbought condition can last...
Here is our detailed technical review for USOIL. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 86.34. Taking into consideration the structure & trend analysis, I believe that the market will reach 89.65 level soon. P.S The term oversold refers to a condition...
Take a look at our analysis for NZDCAD. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 0.803. Considering the today's price action, probabilities will be high to see a movement to 0.809. P.S We determine oversold/overbought condition with RSI indicator. When it drops...
Please, check our technical outlook for AUDJPY. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 94.141. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 94.928 level....
Here is our detailed technical review for SPX500. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 4510.25. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 4677.23 level. ...