My dear friends, SPY looks like it will make a good move, and here are the details: The market is trading on 523.12 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 - 521.39 About Used Indicators: Pivot points are a...
My dear followers, I analysed this chart on USDCAD and concluded the following: The market is trading on 1.3535 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.3572 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price...
My dear subscribers, My technical analysis for BTCUSD is below: The price is coiling around a solid key level - 70216 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 67421 My Stop Loss - 71736 About Used Indicators: By the very...
Here is our detailed technical review for NAS100. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 18217.2. Considering the today's price action, probabilities will be high to see a movement to 18560.5. P.S The term oversold refers to a condition where an...
Short Term Trading Advice by Naranj Capital Buy Murphy USA ● Buy Range- 420 - 426 ● Target- 446 - 450 ● StopLoss- 410 ● Potential Return- 5-6% ● Duration- 14-15 Trading Days
Take a look at our analysis for USOIL. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 84.99. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way...
Here is our detailed technical review for NZDCAD. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 0.807. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 0.804...
Please, check our technical outlook for US30. Time Frame: 8h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 39768.0. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 39375.1 level. P.S The...
Here is our detailed technical review for EURCHF. Time Frame: 5h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 0.972. Considering the today's price action, probabilities will be high to see a movement to 0.976. P.S Overbought describes a period of time where there has...
Take a look at our analysis for DXY. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 104.519. The above observations make me that the market will inevitably achieve 105.518 level. P.S The term oversold refers to a condition where an asset has traded...
FX:USDCAD Bullish engulfing in daily timeframe,targeting 1.36144. Clear visible liquidity pool ahead.
Hello guys this wonderful indicator could save you from so many losses in trading. It could help you detect if price could potentially react at your POI levels, and detect early price reversal try it out and get back to me with your feedback Disclaimer: Trading the financial market carries huge risk, my contents and materials are based on my own personal...
Hello,Friends! The BB upper band is nearby so GOLD 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 2201.270. ✅LIKE AND COMMENT MY IDEAS✅
EURCHF is trading in a strong bullish trend on a daily. After the pair set a new higher high, it retraced to a solid rising trend line. Analyzing the reaction of the price to that, I spotted a double bottom pattern on a 4H time frame. With the release of CHF/EU fundamentals this morning, the pair successfully violated its neckline. We can expect a bullish...
Hello,Friends! The BB upper band is nearby so AUD-CHF 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 0.579. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! CHF/JPY is making a bullish rebound on the 2H TF and is nearing the resistance line above while we are generally bearish biased on the pair due to our previous 1W candle analysis, thus making a trend-following short a good option for us with the target being the 167.173 level. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! We are targeting the 98.256 level area with our short trade on AUD/JPY which is based on the fact that the pair is overbought on the BB band scale and is also approaching a resistance line above thus going us a good entry option. ✅LIKE AND COMMENT MY IDEAS✅
#GBPUSD day Plan Short context on all timeframes, with the scenario canceled in case the price consolidates above 1.25558.