] USDCHF is trading in a strong bullish trend on a daily. The price is currently testing a key horizontal resistance. I am waiting for its breakout - a daily candle close above, to buy. Bullish violation of the underlined blue are will give us a strong bullish signal that will push the prices at least to 0.92 level ❤️Please, support my work with like, thank you!❤️
Hello,Friends! Previous week’s green candle means that for us the US30 pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 33337. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! NZD/USD is trending down which is obvious from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a great trend following opportunity for a short trade from the resistance line above towards the demand level...
Hello,Friends! GBP/USD pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 2H timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 1.238...
Hello,Friends! GBP/NZD pair is trading in a local uptrend which know by looking at the previous 1W candle which is green. On the 1D timeframe the pair is going down. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 2.110 area....
Hello,Friends! It makes sense for us to go short on AUD/CHF right now from the resistance line above with the target of 0.578 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! We are targeting the 80.21 level area with our short trade on USOIL 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✅
4-hour time frame bitcoin analysis Important support and resistance areas are marked on the chart.
Good morning. According to today's plan, we have a long context, but there are no specific long targets. There are no factors for short positions either. Most likely, it will be just an informative day. Otherwise, I will update the information. Have a good day!
Gold prices are attempting a slight recovery during the Asian session after finding fresh demand near $2,355 once again. Gold prices took advantage of the softer risk tone and sustained weakness in US Treasury yields, despite recent hawkish comments from the Fed. XAUUSD trades above 2370 and the daily chart suggests the slide could continue. Technical indicators...
Potential Breakout possible . Cup & Handle formation. Good for Short term. Target 163 , 190. Do Like ,Comment , Follow for regular Updates... Keep Learning ,Keep Earning... Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
Here is our detailed technical review for NZDUSD. Time Frame: 3h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 0.594. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 0.591 level. P.S Please,...
Take a look at our analysis for EURGBP. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 0.858. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 0.860 level. P.S The term oversold refers to...
Here is our detailed technical review for ETHUSD. Time Frame: 3h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 3267.9. Taking into consideration the structure & trend analysis, I believe that the market will reach 3119.3 level soon. P.S Overbought describes a period of...
Take a look at our analysis for EURUSD. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 1.068. Considering the today's price action, probabilities will be high to see a movement to 1.072. P.S Please, note that an oversold/overbought condition can last for a...
Take a look at our analysis for SILVER. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 26.827. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 24.820 level. P.S Overbought...
In my view NYSE:SPCE stopped a current phase of falling down and forming the plato, which will be a fundament for the next steps. We will be observing a huge profitable company for patient investors during the next years. In my point of view, as well, that it can bring till the x100 in the ending of the growth phase. Goal for the end of 2024 is 4-4.5. Does...
The chart is pretty self-explanatory as always :) What do you make of this price action? Have Requests, Questions, or Suggestions? DM us or comment below.👇 ⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or...