My dear friends, AUDNZD looks like it will make a good move, and here are the details: The market is trading on 1.0734 pivot level. Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 1.0703 Recommended Stop Loss - 1.0749 About Used...
Hello,Friends! We are going long on the NZD/JPY with the target of 91.889 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band.However, we should use low risk here because the 1W TF is red and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! AUD/JPY pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 6H timeframe the pair is going down too. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 97.574...
Hello,Friends! CAD/JPY pair is in the downtrend because previous week’s candle is red, while the price is obviously falling on the 8H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 110.076 because the pair oversold due to its proximity to the lower BB band and a bullish correction is...
My dear friends, My technical analysis for USOIL is below: The market is trading on 77.78 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 78.63 Recommended Stop Loss - 77.29 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used...
My dear followers, I analysed this chart on AUDJPY and concluded the following: The market is trading on 97.118 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 97.608 Safe Stop Loss - 96.835 About Used Indicators: A super-trend indicator is plotted on either above or...
My dear subscribers, My technical analysis for EURUSD is below: The price is coiling around a solid key level - 1.0921 Bias - Bearish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 1.0868 My Stop Loss - 1.0949 About Used Indicators: By the very...
Take a look at our analysis for USOIL. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 77.81. The above observations make me that the market will inevitably achieve 73.55 level. P.S The term oversold refers to a condition where an asset has traded...
Please, check our technical outlook for USDCHF. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 0.878. Taking into consideration the structure & trend analysis, I believe that the market will reach 0.865 level soon. P.S We determine oversold/overbought...
Please, check our technical outlook for SPX500. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 5128.6. Taking into consideration the structure & trend analysis, I believe that the market will reach 5070.1 level soon. P.S Please, note that an...
Here is our detailed technical review for EURUSD. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 1.094. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 1.086...
Take a look at our analysis for DXY. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 102.682. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 103.938 level. P.S Please, note that an oversold/overbought...
XAUUSD exhausting evidently around this 2185 price. Previous legs upside have rallied significantly and moves sideways (consolidated). We are now starting to see price scallop over and exhaust somewhat. LTF structure break is currently active and this could be the start of a deep correction from swing low of 2040 to swing high of 2195.
If you haven`t bought EBAY in the Buy area: nor sold before of the previous earnings: Then analyzing the options chain and the chart patterns of EBAY prior to the earnings report this week, I would consider purchasing the 47.5usd strike price Calls with an expiration date of 2025-1-17, for a premium of approximately $4.00. If these options prove to be...
Analyzing the options chain and the chart patterns of M Macy's prior to the earnings report this week, I would consider purchasing the 20usd strike price Calls with an expiration date of 2024-8-16, for a premium of approximately $2.36. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
The willingness to learn, however, changes everything. Active traders treat market analysis with an open attitude and they are interested in learning how to analyze the market structure. They combine concepts such as trends, patterns, and support and resistance to actively improve their analysis and trading skills. These traders are real manual traders. This...
During the March 11 session, gold did not have many strong fluctuations as the market waited for upcoming news from the United States. The precious metal remained in the $2,174 - $2,184 range before ending the day at $2,183. Today, the market will receive the US CPI report, with year-on-year data expected to remain unchanged. Currently, gold is trading around...
During the March eleven session, gold did now no longer have many sturdy fluctuations because the marketplace waited for upcoming information from the United States. The valuable metallic remained in the $2,174 - $2,184 variety earlier than finishing the day at $2,183. Today, the marketplace will get hold of americaA CPI report, with yr-on-yr information...