Clean retracement to .78 on the fibs and we're holding strong. I think that we should go retest the highs and break $2150 over the next few weeks.
Please, check our technical outlook 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 103.441. Taking into consideration the structure & trend analysis, I believe that the market will reach 102.317 level soon. P.S Please, note that an...
Take a look at our analysis for USDJPY. Time Frame: 8h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 138.303. 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 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 1.064. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 1.067 level. P.S Overbought describes a...
Here is our detailed technical review for US30. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 33132. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 33570 level. P.S Please, note that an...
Take a look at our analysis for NQ1!. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 13516.50. The above observations make me that the market will inevitably achieve 13324.00 level. P.S The term oversold refers to a condition where an asset has...
Please, check our technical outlook for GOLD. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 1984.63. Taking into consideration the structure & trend analysis, I believe that the market will reach 2000.70 level soon. P.S We determine oversold/overbought...
Here is our detailed technical review for GBPUSD. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 1.247. Considering the today's price action, probabilities will be high to see a movement to 1.253. P.S Overbought describes a period of time where there has...
Ion exchange has give short term breakout. Can be added with sl of 3455
CADJPY is trading in a bullish trend on a daily. The price has formed an ascending triangle formation respecting 101.8 resistance. I believe that the next trend-following movement will initiate after a bullish breakout of the underlined blue area. Daily candle close above will confirm a violation. A bullish continuation will be expected to 103.0 level then. ...
✅GBP_USD is about to retest The support level of 1.24 And given the fact that the Pair is trading in a strong Uptrend I think that we will See a move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Buy Shanti Gears Limited (NSE:SHANTIGEAR) Buy Range- 370 - 376 Target- 402 - 407 StopLoss- below 358 Potential Return- 8-9% Approx trade duration 14 - 15 days
Hello,Friends! Previous week’s green candle means that for us the EUR/AUD pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 1.620. ✅LIKE AND COMMENT MY IDEAS✅
Take a look at our analysis for US100. Time Frame: 8h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 13430.8. The above observations make me that the market will inevitably achieve 13205.0 level. P.S Please, note that an oversold/overbought condition can last for a...
Please, check our technical outlook for USOIL. Time Frame: 3h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 71.652. Taking into consideration the structure & trend analysis, I believe that the market will reach 73.611 level soon. P.S The term oversold refers to a condition where...
Here is our detailed technical review for USDJPY. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 136.202. Considering the today's price action, probabilities will be high to see a movement to 137.771. P.S We determine oversold/overbought condition with RSI indicator. When...
Take a look at our analysis for NZDUSD. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 0.624. 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...
Hello,Traders! GBP-USD is trading in a Strong uptrend and the pair Is hovering above the Strong horizontal support Of 1.239 so I am bullish Biased and I will be Expecting a bullish continuation Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!