CHFJPY have been on an uptrend for a long while, after breaking the resistance zone, price is expected to retest to the support zone and continue it's upward trend, also notice our 50EMA situated at that point ready for retest.
The BINANCE:DYDXUSDT pair is exhibiting a notable resurgence from its support zone, indicating a prevailing bullish sentiment. While a minor correction remains a possibility, its likelihood appears diminished. Nevertheless, it's prudent to maintain a Dollar-Cost Averaging (DCA) strategy, with a focus on a threshold of 2.0 in the event of a price...
Weekly: Bearish, Rejection from major weekly resistance 198.550, Failed retest of Head and shoulders pattern price closed above the right shoulder, recently mitigated ob 1.98550, Made a Double bottom pattern at daily supply zone 1.86550, Unmitigated ob at 1.87625, Bearish rejection candle at daily resistance 1.94750, Bullish choch Daily: Consolidation, Inverse...
Hello,Traders! NZD-USD is going down Now but will soon hit a Horizontal support level Of 0.615 from where I will be expecting a Bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello,Friends! SILVER pair is in the downtrend because previous week’s candle is red, while the price is evidently falling on the 4H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 23.138 because the pair oversold due to its proximity to the lower BB band and a bullish correction is likely....
Here is our detailed technical review for EURNZD. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 1.749. Considering the today's price action, probabilities will be high to see a movement to 1.761. P.S The term oversold refers to a condition where an asset...
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 significant support area 1.082. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 1.091 level. P.S Please, note that an oversold/overbought...
Making a break for it. BNT always a fan favorite. well at least back in November before Christmas. this could be pushing all the way up around $1.5 again along with BTC push upwards... always keep in mind that you should be fearful when others are greedy, however we've waited many years for this crypto bull market to happen and were defiantly showing signs that...
Hey Traders, in today's trading session we are monitoring USDJPY for a buying opportunity around 149.800 zone, USDJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 149.800 support and resistance area. Trade safe, Joe.
The EURUSD continues to maintain its position above the recent high, experiencing a significant rise at the start of the week on Monday. Currently, the price of this currency pair remains well supported above the psychological level of 1.080, and the outlook for further appreciation remains positive as the established trendline shows no signs of breaking....
Dear friends, yesterday's gold trading session was quite calm, with no significant fluctuations occurring. As of now, the price remains steady around $2033, firmly above the support level of $2025. Looking into the short and medium term, the upward momentum of gold is still viewed positively. Based on today's chart, the two main targets for buyers are...
The EUR/USD pair is trading with a calmer trend as the US dollar (USD) sees a modest recovery in the early Asian trading session on Monday. Attention this week will be drawn to the US's January PCE inflation data, which could introduce volatility into the market. At the time of writing, EUR/USD is trading at 1.0819, marking a slight decrease of 0.03% for the day,...
The GBP/USD pair made an effort to hold the 1.2650 level in early Monday trading in Europe, despite a rebound in the US Dollar driven by risk-averse market sentiment. Traders are now looking forward to a speech by BoE's Chief Economist Huw Pill and US housing data for fresh momentum. From a technical standpoint: The convergence of the 34 and 89 EMA around the...
The price is displaying a robust bullish pattern, transitioning from a descending channel to an ascending one. Further confirming the uptrend, previous supply zones are now functioning as demand areas. Anticipate a swift upward surge in a shorter timeframe.
--------------------------------------------------------------- Description --------------------------------------------------------------- + THETA is breaking out from the falling wedge. + this clear breakout gives a us good opportunity for a long trade. + We can expect a minor correction, however our stoploss is good enough not to get...
--------------------------------------------------------------- Description --------------------------------------------------------------- + CRV broke-out the descending triangle and headed towards the next resistance + This is a good opportunity to enter the trade. + We can expect the price to reach upto 0.6469...
#OXT/USDT Analysis Description --------------------------------------------------------------- + As you can see in the 1 Day chart, OXT is showing clear confirmation of breakout from the resistance and currently trade around the resistance zone. + i'm seeing this as a good chance to enter a long trade with a nice profit chance. + i'm keeping the stoploss around...
#ORDI/USDT Analysis Description --------------------------------------------------------------- + ORDI is clearly around the support zone, i see two support zone for the ORDI to bounce back from + 1st Support is around 59.794 and second one is around 56.266 I'm expecting the ORDI to bounce back between these two support zones + If the this support range breaks...