Take a look at our analysis for SPX500USD. Time Frame: 45m Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 4465.6. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 4478.5 level. P.S We determine...
Please, check our technical outlook for BITCOIN. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 27133. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 28390 level. P.S Overbought...
Here is our detailed technical review for EURUSD. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 1.070. The above observations make me that the market will inevitably achieve 1.054 level. P.S Please, note that an oversold/overbought condition can...
Take a look at our analysis for GBPJPY. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 183.094. Taking into consideration the structure & trend analysis, I believe that the market will reach 184.077 level soon. P.S The term oversold refers to a condition...
Even though, EURAUD is trading in a long-term bullish trend, we can not deny the following bearish clues: First, the pair violated a support line of a rising parallel channel and closed below that on a daily. Second, the price formed a descending triangle formation and broke its neckline as well. We have 2 important bearish confirmations now. The market may...
NZDCAD is trading in a long-term bearish trend. However, the market was consolidating the entire August within a horizontal range on a daily. The support of the range was finally broken last week. It is an important sign of strength of the sellers, and it indicates a highly probable bearish continuation. The prices may go lower at least to 0.7936 support ...
Please, check our technical outlook for NAS100USD. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 15187.9. Considering the today's price action, probabilities will be high to see a movement to 14986.4. P.S We determine oversold/overbought condition with...
Here is our detailed technical review for GOLD. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 1926.808. 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...
Take a look at our analysis for AUDNZD. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 1.089. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 1.091 level. P.S Please, note that an...
Please, check our technical outlook for CADCHF. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 0.664. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 0.666 level. P.S The term oversold...
Take a look at CADCHF. The pair broke and closed above a key daily resistance last week. The price is currently consolidating with a narrow horizontal range, retesting the broken structure. Your intraday bullish confirmation to buy will be a bullish breakout of the resistance of the range. 4H candle close above 0.6643 will confirm the violation. A bullish...
UJ giving us the reverse of GJ which is a bullish swing range with an unmitigated POI at its base, as a whole iam seeing a clear bis and entry for this setup, now of course we might not het this tap in, if we clash with red folder news we might get a shift out lower so just keep in mind! As we start this week iam looking for a test of our swing high to take the...
Starting things off as we do a lot of the time with GJ We are sitting in a clear swing low range so we aim to see the low of this range taken out coming into next week but we do have a few highs above our current price, which tells us that we may have a shift higher into some of this liquid, as a whole iam not holding either our low or our high as a certainty...
Here is our detailed technical review for DXY. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 105.331. The above observations make me that the market will inevitably achieve 104.267 level. P.S We determine oversold/overbought condition with RSI...
Take a look at our analysis for USDCHF. Time Frame: 3h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 0.897. Taking into consideration the structure & trend analysis, I believe that the market will reach 0.894 level soon. P.S Overbought describes a period of time where...
Please, check our technical outlook for ETHUSD. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 1636.1. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 1691.4 level. P.S Please, note that an...
Here is our detailed technical review for GBPAUD. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 1.924. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 1.945 level. P.S The term oversold...