My dear friends, Please, find my technical outlook for NZDUSD below: The price is coiling around a solid key level - 0.6144 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 0.6105 About Used Indicators: The pivot point itself is simply...
My dear friends, My technical analysis for GOLD is below: The market is trading on 2016.9 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 2005.3 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of...
My dear friends, EURGBP looks like it will make a good move, and here are the details: The market is trading on 0.8563 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 - 0.8540 Recommended Stop Loss - 0.8575 About Used...
My dear subscribers, SILVER looks like it will make a good move, and here are the details: The market is trading on 23.416 pivot level. Bias - Bearish My Stop Loss - 23.717 Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 22.870 About Used Indicators: The average true range ATR plays an important...
Next month, yields could rise again as jobs data and inflation growth continue to beat expectations, which could be a headwind for gold. However, this also puts pressure on the stock market, which could once again lead to notable volatility in the stock market. Additionally, a steady stream of elections is coming thick and fast, bringing with it a lot of unknowns...
Gold is testing the resistance of the actual trend. The area, which the price entered, does not realize the potential, which the market was counting on. There is no strong surge in volume and volatility after breaking the trend boundary. In addition, today is a non-working day in the US due to a holiday. Given these reasons, gold has a very high chance of forming...
FAIRCHEMOR stock has made Big Broadening Pattern And around the support of Broadening pattern stock has made Ascending Triangle pattern Also Stock has given Breakout of Ascending Triangle pattern We can clearly see Breakout with Huge Green Candle!!!! Stock can show 2100 levels in coming weeks Which is 50% from here on. Broadening Pattern target is 3000+...
Could the USDJPY correct further to the downside, with DXY weakness dragging it lower? Despite potential downside on the USDJPY, i'd still prefer to look for buying opportunities while the BOJ's monetary policy continues to diverge from the FOMC. (who knows how long this will last) Look for a potential bounce on the USDJPY a the 149.60 (interim support and 23.6%...
The DXY currently sits slightly above the 38.2% fib retracement level. The price is likely to consolidate along this level for the interim. With no major news events for the USD, a move to the downside is anticipated. Look for the DXY to break down from the 104 price level to signal further downside potential, toward the key support level of 103.80 (which...
Hello,Friends! The BB upper band is nearby so EUR-JPY is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 160.556. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! Previous week’s green candle means that for us the EUR/GBP 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 0.852. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! We are now examining the EUR/AUD pair and we can see that the pair is going down locally while also being in a downtrend on the 1W TF. But there is also a powerful signal from the BB lower band being nearby indicating that the pair is oversold so we can go long from the support line below and a target at 1.655 level. ✅LIKE AND COMMENT MY IDEAS✅
Here is our detailed technical review for GBPCHF. Time Frame: 3h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 1.110. Considering the today's price action, probabilities will be high to see a movement to 1.114. P.S Overbought describes a period of time where there has...
Here is our detailed technical review for USDCHF. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 0.880. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 0.886 level. P.S Please, note that...
Here is our detailed technical review for SILVER. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 23.162. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 24.872 level. P.S Overbought...
-broken trendline / retested -market creating LL/LH -pre London session markup -great risk to reward setup
Thank you for reading this update. STG seems interesting for the new volume daily range. If we see more confirmation, we will follow this coin for the possibility of $1 trend.
Today's focus: Nickel (XNIUSD) Pattern – Diagonal Pattern Support – 15,840 Resistance – 17,198, 18,500 Hi, traders; thanks for tuning in for today's update. Today, we are looking at Nickel on the daily chart. We have been watching Nickel for a few weeks now, traders, as the consolidation pattern continues to drag out. The shape of the pattern at this point is...