Certainly! Here's an explanation based on the previous analysis of the CHF/JPY pair: In our previous analysis of the CHF/JPY pair, we identified a potential shift in momentum amidst a triple top formation. The analysis highlighted that despite the formation of three tops, the third one did not result in a breach of the trend line. Instead, there was a retest,...
Displaying the Bitcoin to US Dollar (BTC/USD) exchange rate chart on a 6-hour time frame. Percent Profitable: 70% Profit Factor: 11.42 Max Drawdown: 9.73% Sortino Ratio: 2.511
One more pair that looks very bearish to me after news is NZDUSD. I see a confirmed bearish breakout of a support line of a horizontal trading range on an hourly time frame. I think that a bearish trend on the pair will continue. Initial target 0.59 ❤️Please, support my work with like, thank you!❤️
Looks like the Retail Sales data may strengthen US Dollar today. As a confirmation, I see a very bearish price action pattern on EURUSD: bearish breakout of a rising wedge pattern in a bearish trend. I will expect a bearish movement at least to 1.063 ❤️Please, support my work with like, thank you!❤️
Propose cooling of MOEX:AFKS temperature till 19-20 degrees during the next 4-5 months. Does not constitute a recommendation. #furoreggs #investing #stocks #shares #idea #forecast #trading #analysis If you want to discuss, please subscribe and challenge this point of view )
Gold prices continue to increase thanks to geopolitical tensions in the Middle East Gold prices have recovered during today's Asian session and are currently trading around $2,360 as the market worries that the war situation may escalate in the Middle East. Over the past week, gold prices have experienced an impressive increase to $2,400 despite the strength of...
My dear friends, Please, find my technical outlook for CHFJPY below: The price is coiling around a solid key level - 168.64 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 168.08 Safe Stop Loss - 168.96 About Used Indicators: The...
My dear subscribers, My technical analysis for GBPUSD is below: The price is coiling around a solid key level - 1.2432 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.2549 My Stop Loss - 1.2362 About Used Indicators: By the very...
My dear subscribers, This is my opinion on the SILVER next move: The instrument tests an important psychological level 27.890 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 - 28.558 About Used Indicators: On the subsequent day,...
My dear friends, USDCHF looks like it will make a good move, and here are the details: The market is trading on 0.9137 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 - 0.9117 About Used Indicators: Pivot points are a...
Hello,Friends! We are now examining the NZD/USD 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 0.598 level. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! USOIL uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 80.85 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the USOIL pair. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! GBP/USD pair is in the uptrend because previous week’s candle is green, while the price is clearly falling on the 5H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 1.257 because the pair is oversold due to its proximity to the lower BB band and a bullish correction is likely....
Hello,Friends! Bearish trend on USD/CAD, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 1.365. ✅LIKE AND COMMENT MY IDEAS✅
Please, check our technical outlook for NAS100. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 18126.71. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 18304.92 level. P.S Overbought describes a...
Please, check our technical outlook for AUDCAD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 0.890. The above observations make me that the market will inevitably achieve 0.899 level. P.S We determine oversold/overbought condition with RSI...
Here is our detailed technical review for AUDUSD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 0.645. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 0.653 level. P.S We determine...
Please, check our technical outlook for EURAUD. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 1.646. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.642 level soon. P.S Please, note that an...