NZDUSD violated a significant daily support cluster. The price will most likely continue falling next week. Next support - 0.597 ❤️Please, support my work with like, thank you!❤️
My dear followers, I analysed this chart on GOLD and concluded the following: The market is trading on 2159.7 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 2174.5 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to...
My dear friends, Please, find my technical outlook for EURUSD below: The instrument tests an important psychological level 1.0859 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 1.0890 About Used Indicators: Super-trend indicator...
TON shows a new increase in volume, which could be confirmed in the coming time frames. We will follow the coin to see if it's able to confirm. The reason for the volume is the trend data that this coin shows. This coin is a basic choice on daily trends. There is a good chance this coin can become a running volume coin for the next period.
#BITCOIN SUNDAY UPDATE - CRYPTOCAP:BTC is gripping the $61,000 support like a champ - But there's a hurdle at $67,300 - Will it soar or stumble? If #BTC can't leap over $67,300, watch out below for $50,000 & $42,000 Break that barrier, and we're on to NEW ATH Stay tuned & trade wisely.
Technical Analysis and Outlook: The S&P 500 (Spooz) index has continued to move on to new highs in this week's trading session. The current squeeze movement is posed to target Mean Sup 5177 with the possibility of extending the squeeze to the next Mean Sup 5120. On the upside, the Spooz is aiming for a newly created Key Res level of 5260, which is anticipated to...
Technical Analysis and Outlook: As presented in the Daily Chart Analysis for the Week of March 15, the Eurodollar is moving to Mean Sup 1.080. The current projection shows Squeeze Currency Dip 1.078 as the primary target. This could lead to further selling pressure, resulting in a decline to the Mean Support level of 1.070 and the ultimate outcome of an Inner...
Hello,Friends! It makes sense for us to go short on USOIL right now from the resistance line above with the target of 75.11 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! NZD/CHF pair is in the uptrend because previous week’s candle is green, while the price is evidently rising on the 1D timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 0.533 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
Hello,Friends! It makes sense for us to go long on SILVER right now from the support line below with the target of 25.315 because of the confluence of the two strong factors which are the general uptrend on the previous 1W candle and the oversold situation on the lower TF determined by it’s proximity to the lower BB band. ✅LIKE AND COMMENT MY IDEAS✅
Please, check our technical outlook for BITCOIN. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 64579. Taking into consideration the structure & trend analysis, I believe that the market will reach 60369 level soon. P.S Please, note that an...
Here is our detailed technical review for SILVER. Time Frame: 7h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 24.464. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 25.165 level. P.S Please, note...
Please, check our technical outlook for US500. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 5238.4. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 5187.9 level....
Looking at the price action of BITCOIN, we can clearly see the finding some difficulties breaking the 61.5k support levels. Also if we look closely to the price action, we can see that Bitcoin is forming a bullish triangular pattern which us a clear sentiment for a price continuation to the upside. Nevertheless, we can the price of Bitcoin retracing around the...
Fortuna Silver Mines (FSM): NYSE:FSM Since the entire silver sector and especially the precious metal sector interest us, we decided to take a closer look at Fortuna Silver Mines. We believe that in the daily chart since the COVID-19 low at $1.47, we have developed the overarching Wave I and Wave II and are now in the overarching Wave III. This should...
Silver (XAGUSD): OANDA:XAGUSD In Silver, we believe we have formed the low with Wave 2 at $21.93. Since then, we've developed Waves (i) and (ii), and now likely Wave (iii) as well. It appears we've caught up with Wave (5) at the 50% extension level at $25.36. Should we now drop for Wave (iv), we expect it to be in the range between 38.2% and 61.8%, more...
Discover an enticing Selling opportunity in GOLD as it undergoes a critical retest of a key resistance area. With market analysis, technical indicators, and price action as your allies, evaluate the potential downside move. Stay vigilant and informed to capitalize on this precious metal's market dynamics.
Hello,Traders! AUD-USD is trading along The rising support line And the pair has retested The line so as we are already Seeing a bullish rebound A further local move up Is to be expected Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!