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...
Please, check our technical outlook for USDCAD. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 1.348. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.351 level soon. P.S We determine oversold/overbought...
Here is our detailed technical review for EURAUD. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 1.648. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 1.643 level. P.S We...
Take a look at our analysis for GOLD. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 2018.082. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 2047.575 level. P.S Please, note that an oversold/overbought...
Here is our detailed technical review for US30. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 38518.0. Considering the today's price action, probabilities will be high to see a movement to 38348.8. P.S Overbought describes a period of time where there has...
Please, check our technical outlook for EURUSD. Time Frame: 3h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 1.076. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 1.074 level. P.S The term...
Take a look at our analysis for EURCHF. Time Frame: 3h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 0.950. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 0.953 level. P.S We determine oversold/overbought condition...
Here is our detailed technical review for USDJPY. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 149.940. Considering the today's price action, probabilities will be high to see a movement to 150.864. P.S The term oversold refers to a condition where an...
Please, check our technical outlook for SILVER. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 23.143. Taking into consideration the structure & trend analysis, I believe that the market will reach 22.367 level soon. P.S Please, note that an...
Here is our detailed technical review for GBPCHF. Time Frame: 3h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 1.110. Considering the today's price action, probabilities will be high to see a movement to 1.114. P.S Overbought describes a period of time where there has...
Here is our detailed technical review for USDCHF. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 0.880. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 0.886 level. P.S Please, note that...
Here is our detailed technical review for SILVER. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 23.162. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 24.872 level. P.S Overbought...
Please, check our technical outlook for SPX. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 5005.87. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 4842.47...
Here is our detailed technical review for GBPUSD. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 1.257. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 1.265 level. P.S We determine...
Take a look at our analysis for GOLD. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 2013.101. The above observations make me that the market will inevitably achieve 1962.505 level. P.S The term oversold refers to a condition where an asset has...