Hello,Friends! AUD/JPY pair is in the uptrend because previous week’s candle is green, while the price is evidently rising on the 4H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 99.363 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
"Precious metals" regained what they lost during the US session on Monday During the Asian session on April 16, gold prices recovered and are currently trading around $2,386.80. On April 15, world gold prices adjusted slightly downward after US retail sales were higher than market expectations, however the upward momentum of XAU/USD returned early this morning...
Please, check our technical outlook for SILVER. Time Frame: 5h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 28.764. The above observations make me that the market will inevitably achieve 27.302 level. P.S Please, note that an oversold/overbought condition can...
Here is our detailed technical review for EURCAD. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 1.464. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.469 level soon. P.S The term oversold refers to a...
Take a look at our analysis for EURGBP. Time Frame: 15m Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 0.8546. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 0.8541...
Buckle Up for a Potential Massive Rally! GALA is gearing up for what could be an exhilarating rally ahead! After reclaiming the lost support, the stage is set for a significant move to the upside. All it requires now is a bit of patience to reap potentially massive profits with your spot bag! We've identified not just one, but two promising targets on the...
DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Ideas For 17 April 2024 Trade Idea 1 BUY LIMIT Order: $2380.72 Stop Loss: $2362.81 Take Profit 1: $2398.38 Take Profit 2: $2407.99 Trade Idea 2 BUY LIMIT Order: $2376.55 Stop Loss: $2362.81 Take Profit 1: $2398.38 Take...
✅NZD_JPY is trading in an uptrend Along the rising support line Which makes me bullish biased And the pair is already making A bullish rebound from the support So a further move up is expected With the target of retesting the level above at 91.36 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! USD-CAD is trading in a Strong uptrend but the Pair will soon hit a horizontal Resistance of 1.3889 from Where we will be expecting A bearish correction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Since the U.S. inflation data last Wednesday, the EUR/USD has depreciated for four consecutive days, falling by 2.42%. Tensions in the Middle East and a strong U.S. Dollar Index (DXY) have contributed to this decline, which may be finding a potential buying zone. The pair is currently trading around 1.063 at the time of writing this article. The direction of...
My dear followers, I analysed this chart on GBPCHF and concluded the following: The market is trading on 1.1368 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.1425 Safe Stop Loss - 1.1326 About Used Indicators: A super-trend indicator is plotted on either above or...
ARB - breakout happened Big oi accumulated in the middle of a range and after price broke it down Look at the video that I shared few days ago where i share that breakout is going to happen
My dear followers, This is my opinion on the AUDNZD next move: The asset is approaching an important pivot point 1.0897 Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 1.0907 About Used Indicators: For more efficient signals,...
TON is in PLAY - trade VAL Sl hunt and 2nd Dev fake out During such period Coin pumps until the trend breaks i think it can hit even $10 but for us, it is important to know where to take a trade For long - best to take After VAL sl hunt For short Wait for VWAP 2nd deviation and big volume spike
My dear subscribers, My technical analysis for NZDJPY is below: The price is coiling around a solid key level - 91.416 Bias - Bearish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 91.152 About Used Indicators: By the very nature of the...
APT - trapped sellers after 36% drop APT dropped 36% since high $19.33 at this moment open interest started rising a lot with the NEgative delta In most cases after such a drop short sellers become trapped and prices go oppositely to take their SL In a video i share with u 3 ideas of how to take trades and potential targets
Pair : Dow Jones - DJI Description : Bearish Channel as an Corrective Pattern in Short Time Frame RSI - Divergence Break of Structure Completed " 123 " Impulsive Waves Support Level
Hello,Friends! Bearish trend on EUR/NZD, 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 1.792. ✅LIKE AND COMMENT MY IDEAS✅