Take a look at our analysis for SILVER. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 27.932. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 27.486 level. P.S The term...
Please, check our technical outlook for EURUSD. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 1.073. The above observations make me that the market will inevitably achieve 1.077 level. P.S We determine oversold/overbought condition with RSI...
What do the labor market and the stock market have in common? They are both showing a huge divergence between the fortune’s big companies and smaller companies. From 2009 to 2021, the large caps in the S&P 500 and the small caps in the Russell 2000 moved more-or-less in lock step. Since the end of 2021, however, investors in the S&P 500 have earned a 9% return....
Take a look at our analysis for GBPJPY. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 192.735. The above observations make me that the market will inevitably achieve 190.389 level. P.S Overbought describes a period of time where there has been a...
Here is our detailed technical review for US500. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 5203.9. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 5153.7...
Please, check our technical outlook for GBPCAD. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 1.709. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.714 level soon. P.S Please, note that an...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 As per my last analysis, attached on the chart, NZDUSD rejected the lower bound of the channel and traded higher. 📚 Currently, NZDUSD is approaching the upper bound of the channel. Moreover, the highlighted red zone is a strong structure acting as a minor resistance. 🏹 ...
My dear subscribers, AUDUSD looks like it will make a good move, and here are the details: The market is trading on 0.6523 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 0.6573 About Used Indicators: The average true range ATR plays an important role in 'Supertrend'...
Hi all! There was a breakout for 1 week, there is no point in looking for long trades against a locally downward trend, our zone of interest is the Order Block, from which the correction began. I expect the price to approach 1.09981, the removal of liquidity from equal peaks and a subsequent decline to the imbalance zone FVG(1M) to the zone 1.04 - 0.997. ...
Arx usdt analysis Daily time frame Risk rewards ratio >2.5 I guess Good pump for ARX USDT as it's historical movement
My dear subscribers, This is my opinion on the EURCAD next move: The instrument tests an important psychological level 1.4746 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 1.4680 About Used Indicators: On the subsequent day,...
My dear followers, I analysed this chart on EURNZD and concluded the following: The market is trading on 1.7915 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.7975 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to...
My dear subscribers, GBPUSD looks like it will make a good move, and here are the details: The market is trading on 1.2669 pivot level. Bias - Bearish My Stop Loss - 1.2702 Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 1.2605 About Used Indicators: The average true range ATR plays an important...
GBP/USD clings to recovery gains near 1.2550 GBP/USD holds gains near 1.2550 in European trading on Thursday. The pair draws support from BoE policymaker Greene's hawkish comments and a softer US Dollar. However, the upside appears elusive on escalating Mid-East geopolitical tensions, ahead of key US data. GBP/USD is the forex ticker that shows the value of the...
End of day update from us here at KOG: In the KOG report on Sunday we gave the extension levels of 2365 and 2372 as bullish targets which as we can see we're extending in to and completed one of them. Yesterday we said unless we broke below the bias level we were likely to take liquidity from higher again, so put caution on the short trades. Again, the...
Right now, the value of the Euro (EUR) compared to the US Dollar (USD) is low (around 1.0740) as per strong Dollar (USD) considering the following factors: The European Central Bank (ECB) will likely keep interest rates the same this Thursday, but might consider lowering them in June. The US Federal Reserve (Fed) might wait longer to lower interest rates...
Today's focus: Oil Pattern – Continuation? Support – 85.38 Resistance – 87.37 Hi, traders; thanks for tuning in for today's update. Today, we are looking at oil on the daily. After a surge from the USD caught a lot of attention yesterday, we are watching oil after it rejected a push lower by sellers and continues to hold in a potential continuation type...
Market Analysis PT2/2 (11th April 2024) GBPJPY Analysis On the 4 hour timeframe, price action rejected off the 4 hour Orderblock and created another bearish Change of character, This shifts my bias from bullish to bearish on the 4 hour. In the process, a 4 hour Fair Value Gap has been formed and if you drop to the 1 hour timeframe it also overlaps with a 1...