Here is our detailed technical review for AUDNZD. Time Frame: 7h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 1.098. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 1.100 level. P.S We determine...
Take a look at our analysis for NZDUSD. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 0.600. Considering the today's price action, probabilities will be high to see a movement to 0.587. P.S We determine oversold/overbought condition with RSI...
Please, check our technical outlook for GOLD. Time Frame: 8h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 2352.077. The above observations make me that the market will inevitably achieve 2308.733 level. P.S Please, note that an oversold/overbought condition...
Take a look at our analysis for DXY. Time Frame: 3h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 105.317. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 105.018 level. P.S Overbought...
Hello,Friends! SILVER pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 12H timeframe the pair is going up too. 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...
Hello,Friends! GOLD pair is in the downtrend because previous week’s candle is red, while the price is clearly rising on the 1D timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 2265.765 because the pair is overbought due to its proximity to the upper BB band and a bearish correction is...
Hello,Friends! We are now examining the AUD/USD 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 0.649 level. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! EUR/GBP pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 12H timeframe the pair is going up too. 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...
I will add nothing except that it will go to the aim in two possible ways during the next 6-9 months. Does not constitute a recommendation. #furoreggs #investing #currency #idea #forecast #trading #analysis If you want to discuss, please subscribe and challenge this point of view
The price of EURUSD will most likely collapse soon enough, due to the supply beginning to exceed demand which we can see by looking at the chart of the pair. ❤️ Please, support our work with like & comment! ❤️
Our strategy, polished by years of trial and error has helped us identify what seems to be a great trading opportunity and we are here to share it with you as the time is ripe for us to sell GBPUSD. ❤️ Please, support our work with like & comment! ❤️
Hello,Friends! EUR/CAD pair is in the downtrend because previous week’s candle is red, while the price is obviously rising on the 1D timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.465 because the pair is overbought due to its proximity to the upper BB band and a bearish correction...
Hello,Friends! GBP-USD uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 1.245 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the GBP/USD pair. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! The BB lower band is nearby so USOIL is in the oversold territory. Thus, despite the downtrend on the 1W timeframe I think that we will see a bullish reaction from the support line below and a move up towards the target at around 79.27. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! Previous week’s green candle means that for us the NZD/USD 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 0.583. ✅LIKE AND COMMENT MY IDEAS✅
Here is our detailed technical review for USDCAD. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 1.368. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.372 level soon. P.S The term oversold refers to a...
Please, check our technical outlook for NAS100USD. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 18154.0. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 18409.4 level. P.S Overbought describes a...
Take a look at our analysis for BITCOIN. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 60859. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 66928 level. P.S The term oversold refers to...