Envious_

Envious_

We can see here the AUDUSD is currently in a range with both bearish and bullish pressure currently weak. The RSI is showing a level below 50, which indicates that there is a stronger selling pressure fighting against the bulls and this could potentially show that within the week the price of AUDUSD will drop towards the next key level or towards the long-term...

Envious_

CADCHF is currently moving in a range with the RSI being at 50, bullish pressure is coming in fairly strongly and there is still some selling pressure. My prediction is that due to the heads and shoulders created not only the graph but on the RSI indicator too, the price of CADCHF will begin falling into a downtrend in the near future. Price will either break this...

Envious_

Price has broke trendline and rejected from the resistance, RSI is below 50 and shows a strong indication that bearish pressure is taking over, and hopefully it will reach the oversold RSI level. Price has also climbed really far since two weeks ago so there is potential that this pair will move in a range before a long drop, good luck and stay patient!

Envious_

Although there is more odds of the GBP pair becoming more bearish due to the new lockdown that was set and most businesses having to close soon, I feel like there is still a potential rise in this pair based of analysis. The support level is holding well with multiple rejections, the price has also previously bounced off the trendline and the trendline stayed...

Envious_

AUDUSD broke the strong trendline and retest confirms resistance. First pullback has been created so this is a good time to enter, i unfortunately didnt get a perfect entry as i entered below the 2nd bullish candle however I prey this analysis works and is true. Good luck guys and stay patient!

Envious_

Idea from a beginner, RSI is at a high oversold level of 16, which indicates that extremely strong bearish phase is coming near the end. Consolidation should happen soon or a morning star will form during this day and if not this trade will be a swing trade based of past data. High overbought and oversold levels on the hourly timeframe took a couple of days to...

Envious_

Price is nearing the resistance and the trendline cross over, also the RSI is around 70 and has touched the overbought level. It has now only just dropped out of the overbought level and the price has stayed the same with the last two candles so this could hint a possible consolidation around this area as there are wicks on both sides of the candles being fairly...

Envious_

Double Top identified, failed to break resistance. RSI is near a low so price will retrace back up to possibly create a lower high and then it should fall again. Trend line has been broken to with a retest therefore supporting the short idea claim. However, it looks like this pair is moving in a range so there is some reward due to the triangles its creating but...

Envious_

EURAUD is looking like it is failing to surpass the resistance level, and it has failed 4 times with price falling. The last two times that price has arrived at this level it has caused the price to reject and drop slightly but this slight drop still indicates a strong buying pressure, hence the three bullish soldiers on the daily closes. I am hoping this 1hr...

Envious_

Idea from a beginner, support looks like it is holding well with small candles inside it with bigger wicks than the body. RSI is near the oversold level, however I don't think it may touch that level and begin to rise back up althought it can fall even more. Waiting for a reversal confirmation, good luck and stay patient guys!

Envious_

Idea from a beginner. RSI is currently touching the oversold level checked up on 15m 30m and 1h timeframes, 30 min shows a 80 level and the 1 hour shows a 74-75 level. Price will in a couple of hours start to launch upwards to the resistance, however with the strong long term trendline breaking, I am expecting for the resistance to hold very well and for the price...

Envious_

Idea from a beginner, price crossed 200MA moving average, it is nearing an overbought level, however on the daily time frame we can see a massive bullish momentum candle also 3 bullish closes indicating a possible bullish long run. I am expecting for price to retest before I enter this trade as it has broke the resistance level with no retests on the 1 hour, 4...

Envious_

RSI is near the overbought level, however due to the break of previous resistance I am expecting a temporary short rise towards the next resistance level but it may not reach the resistance and begin to consolidate, this being based off the RSI strength. Buyers are very strong as of right now but slowly declining, sellers should be coming in over this period of...

Envious_

This is an idea from a beginner, RSI is near neutral at 53, indicating buying pressure is still strong but declining ever so slightly as more sellers are coming in. Yesterday the US Trade Balance was even more negative than the forecast and previous, therefore a bearish move would be a good thing to think about. I have highlighted the resistance areas of recent...

Envious_

RSI is at an oversold level. I am thinking that there is potential for the price to go lower, in which i will wait before taking this short-term buy. Good luck and stay patient!

Envious_

NZDCAD looks like it is still carrying on its long-term downtrend and hopefully this idea does happen. RSI is below 50 the neutral point at 45 showing increased selling pressure against the buyers. I am expecting a possible retracement to the resistance level, in which I hope that price rejects off this resistance and begins falling again. Good luck and stay patient!

Envious_

RSI is at an overbought level 76 for this tweaked RSI. Sellers should be coming into action around this area and there will be a little loss if the idea is false. Lets hope it is successful, stay patient and good luck!

Envious_

This is just an idea for when the market opens, from a beginner. I am expecting for price to carry on upwards to retest the resistance and hopefully get rejected and begin to carry on falling, however I am also considering the fact that this may be a potential reversal as i can see that the price is creating a sort of U pattern / cup pattern, which is probably a...