Please, check our technical outlook for CADJPY. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 111.409. Taking into consideration the structure & trend analysis, I believe that the market will reach 110.837 level soon. P.S We determine...
Please, check our technical outlook for EURAUD. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 1.648. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 1.652 level. P.S Overbought describes a...
Take a look at our analysis for US100. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 17906.7. 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 the way...
Price has been pushing higher and higher and climbed thousands and thousands of PIPs since 2021. But with the increased interest rates (42.5%), will this be enough to prevent price from higher? Potentially. There needs to be more confidence in the Lira, which could be happening. Pimco and Vanguard (US Investment Companies), are investing in Turkey, which could...
Here is our detailed technical review for BITCOIN. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 51088. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 53009 level. P.S Please, note that...
Take a look at our analysis for NZDUSD. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 0.619. The above observations make me that the market will inevitably achieve 0.625 level. P.S The term oversold refers to a condition where an asset has traded...
Here is our detailed technical review for AUDNZD. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 1.059. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 1.055 level. P.S We...
Please, check our technical outlook for AUDUSD. Time Frame: 3h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 0.655. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 0.658 level. P.S The term oversold refers...
Take a look at our analysis for NAS100. Time Frame: 3h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 17827.71. The above observations make me that the market will inevitably achieve 17965.80 level. P.S Overbought describes a period of time where there has been a...
Please, check our technical outlook for GOLD. Time Frame: 5h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 2029.738. Taking into consideration the structure & trend analysis, I believe that the market will reach 2017.553 level soon. P.S Please, note that an...
Here is our detailed technical review for NAS100USD. Time Frame: 8h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 17724.5. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 17470.1...
Take a look at our analysis for GBPCAD. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 1.705. 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 the way...
Take a look at our analysis for DXY. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 103.782. The above observations make me that the market will inevitably achieve 102.868 level. P.S Overbought describes a period of time where there has been a...
Please, check our technical outlook for GBPAUD. Time Frame: 5h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 1.922. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.935 level soon. P.S We determine oversold/overbought...
Take a look at our analysis for EURCHF. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 0.952. The above observations make me that the market will inevitably achieve 0.950 level. P.S The term oversold refers to a condition where an asset has traded...
Hello friends! We are considering a buy deal for the EURUSD currency pair. As confirmation of these arguments and a signal to buy, there will be an upward breakdown of the 1.0890 level. Take profit 1.12 Stop loss 1.07 Time horizon of a trading idea 2-4 weeks
Please, check our technical outlook for DXY. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 103.987. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 106.438 level. P.S Overbought describes a...
Here is our detailed technical review for USOIL. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 77.31. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 72.90...