Hello,Traders!
USD-JPY collapsed from
The parallel range pattern
And is locally oversold
So now we are already
Seeing a bullish rebound
From the support of 147.600
And I think that the pair
Will go further up
Buy!
Like, comment and subscribe to help us grow!
Check out other forecasts below too!
My dear subscribers,
NZDJPY looks like it will make a good move, and here are the details:
The market is trading on 91.313 pivot level.
Bias - Bullish
My Stop Loss - 90.950
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish ) continuation.
Target - 92.129
About Used Indicators:
The average true range ATR plays an...
Market has been trading in a range for last several days with increased volatility. Could today be any different, probably not.
Any test of yesterday's High could provide direction for the day.
Level to watch: 5132 --- 5134
Reports to watch:
US: Jerome Powell Speaks
10:00 AM ET
US:EIA Natural Gas Report
10:30 AM ET
My dear friends,
My technical analysis for EURUSD is below:
The market is trading on 1.00883 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.0856
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall...
My dear subscribers,
My technical analysis for EURAUD is below:
The price is coiling around a solid key level - 1.6712
Bias - Bearish
Technical Indicators: Pivot Points Low Highanticipates a potential price reversal.
Super trend shows a clear sell , giving a perfect indicators' convergence.
Goal - 1.6633
About Used Indicators:
By the very nature of the...
My dear followers,
This is my opinion on the EURGBP next move:
The asset is approaching an important pivot point 0.8546
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 - 0.8555
About Used Indicators:
For more efficient signals,...
My dear subscribers,
My technical analysis for CADJPY is below:
The price is coiling around a solid key level - 110.15
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 110.58
My Stop Loss - 109.90
About Used Indicators:
By the very...
Hello,Friends!
Previous week’s green candle means that for us the USD/CAD 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 1.351.
✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends!
We are now examining the USD/CHF pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 0.880 level.
✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends!
USOIL is trending down which is clear 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 of...
Please, check our technical outlook for US500.
Time Frame: 12h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 5122.0.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 4997.2 level.
P.S
The...
Please, check our technical outlook for NZDUSD.
Time Frame: 3h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 0.609.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 0.611 level.
P.S
Overbought describes a...
Take a look at our analysis for GOLD.
Time Frame: 1h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 2125.722.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 2140.229 level.
P.S
We determine oversold/overbought...
Here is our detailed technical review for NAS100USD.
Time Frame: 12h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 17959.5.
Considering the today's price action, probabilities will be high to see a movement to 18481.5.
P.S
The term oversold refers to a condition where an...
BAT seems to have a new volume increase with the possibility of a break in the coming time frames, we will check if this coin can break with the next confirmations.
The trend seems until now in the positive range.
Gold rose above 2,150 USD during the European session. Gold's upward momentum has been consolidated after rising above its all-time high set last December, amid positive market sentiment ahead of the prospect of a Fed policy pivot and geopolitical risks. persistent treatment.
On frame D1, the RSI indicator in the overbought zone continues to be a cautious signal...
