Please, check our technical outlook for EURUSD. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 1.065. The above observations make me that the market will inevitably achieve 1.059 level. P.S Please, note that an oversold/overbought condition can...
Please, check our technical outlook for AUDCHF. Time Frame: 1h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 0.584. 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...
Take a look at our analysis for US100. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 17330.1. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 16972.3...
Here is our detailed technical review for EURCHF. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 0.968. Taking into consideration the structure & trend analysis, I believe that the market will reach 0.975 level soon. P.S The term oversold refers to a...
Take a look at our analysis for GBPCAD. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 1.711. Considering the today's price action, probabilities will be high to see a movement to 1.716. P.S We determine oversold/overbought condition with RSI...
Take a look at our analysis for DXY. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 106.278. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 107.464 level. P.S Overbought describes a...
Here is our detailed technical review for NZDCHF. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 0.538. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 0.534 level. P.S We...
Take a look at our analysis for GOLD. Time Frame: 5h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 2381.676. Considering the today's price action, probabilities will be high to see a movement to 2431.527. P.S Please, note that an oversold/overbought condition can last for...
Take a look at our analysis for USDCHF. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 0.908. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 0.895 level. P.S The term...
Please, check our technical outlook for AUDUSD. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 0.644. The above observations make me that the market will inevitably achieve 0.650 level. P.S We determine oversold/overbought condition with RSI...
Take a look at our analysis for EURUSD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 1.063. 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...
Please, check our technical outlook for EURUSD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 1.062. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 1.075 level. P.S The term oversold refers to a...
Here is our detailed technical review for SPX500. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 5062.0. Taking into consideration the structure & trend analysis, I believe that the market will reach 4928.9 level soon. P.S Overbought describes a period...
Please, check our technical outlook for SILVER. Time Frame: 5h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 28.764. The above observations make me that the market will inevitably achieve 27.302 level. P.S Please, note that an oversold/overbought condition can...
Here is our detailed technical review for EURCAD. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 1.464. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.469 level soon. P.S The term oversold refers to a...
Take a look at our analysis for EURGBP. Time Frame: 15m Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 0.8546. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 0.8541...
Take a look at our analysis for AUDCHF. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 0.586. Considering the today's price action, probabilities will be high to see a movement to 0.591. P.S We determine oversold/overbought condition with RSI indicator. When...
Here is our detailed technical review for GOLD. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 2347.049. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 2397.410 level. P.S Please, note that an...