Take a look at our analysis for GOLD. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 1924.299. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 1907.107...
Please, check our technical outlook for SILVER. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 23.025. The above observations make me that the market will inevitably achieve 23.664 level. P.S We determine oversold/overbought condition with RSI...
Here is our detailed technical review for NZDUSD. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 0.590. Taking into consideration the structure & trend analysis, I believe that the market will reach 0.585 level soon. P.S Overbought describes a period of time...
After a long period of sideways trading within MJT and MNT lines , Corn is trying to establish a base for an upside counter-swing. A clear close above 508 will confirm it and clear the path for an extended rally. Today USDA will release the weekly export sales report which could be the catalyst that ignite this counter-swing.
Local long waitig for confirmation on ltf, after what my target is PDH
Update for yesterday's setup on Silver. The price is still approaching a key horizontal support that we spotted earlier. Here are 2 bullish confirmations that I spotted analyzing hourly time frame: the price formed a tiny cup and handle pattern and broke its neckline. The price violated a resistance line of a falling wedge pattern. I believe that the market...
EUR/USD Short • If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will...
Analyzing the options chain and the chart patterns of DBI Designer Brands prior to the earnings report this week, I would consider purchasing the 12usd strike price Calls with an expiration date of 2023-10-20, for a premium of approximately $0.65. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking...
✅GOLD has retested the Local horizontal support Of 1916$ and went up so I think that Gold can go Higher towards the target Above at around 1922$ LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! EUR-USD keeps falling down And the pair is locally oversold So after it hits the horizontal Support level of 1.0647 I think That we will see a local rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅GBP_NZD has retested the Horizontal support level of 2.114 And is going up now so we Will be expecting a further Local price increase LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! CAD-CHF is making a Pullback from the horizontal Resistance level of 0.655 And I think that we will See a further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
We maintain our bearish outlook. The market is swinging within a descending channel. ONLY a clear close above KP will abort the bearish scenario and clear the path for a strong rally.
My dear friends, Please, find my technical outlook for GBPUSD below: The price is coiling around a solid key level - 1.2454. Bias - Bullish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.2613 Safe Stop Loss - 1.2369 About Used Indicators: The...
My dear friends, My technical analysis for AUDCAD is below: The market is trading on 0.8714 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 0.8750 Recommended Stop Loss - 0.8693 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used...
NASDAQ:AAPL 1. Clear all drawings and indicators. 2. Got a fibo 0.886 level, price reversed at here (React Don't Predict). 3. Add BandofMidas from indicators. Use Midas factor of 9.( suitable for this chart) 4. Price fall into Midas zone and reversed. Midas line still in pink. Double confirmed. 5. Plan your trade, risk reward ratio. GO Long.
My dear friends, My technical analysis for EURUSD is below: The market is trading on 1.0698 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.0763 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall...
My dear subscribers, EURGBP looks like it will make a good move, and here are the details: The market is trading on 0.8579 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 0.8557 About Used Indicators: The average true range ATR plays an important role in 'Supertrend'...