Hello,Friends! The BB upper band is nearby so AUD-USD is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 0.652. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! We are now examining the USD/CHF pair and we can see that the pair is going down locally while also being in a downtrend on the 1W TF. But there is also a powerful signal from the BB lower band being nearby indicating that the pair is oversold so we can go long from the support line below and a target at 0.916 level. ✅LIKE AND COMMENT MY IDEAS✅
USD Tether, or USDT, came into existence as a digital version of the U.S. dollar, and it succeeded. USDT is pegged to the U.S. dollar and is the top and most used stable coin in the crypto market. USDT is also being used for transferring money or other means of payment, although mostly in the crypto market. Many others tried to capture a piece of this huge market:...
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the EURAUD pair which is likely to be pushed up by the bulls so we will buy! ❤️ Please, support our work with like & comment! ❤️
Balance of buyers and sellers on the GOLD pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the sellers, therefore is it only natural that we go short on the pair. ❤️ Please, support our work with like & comment! ❤️
Please, check our technical outlook for DXY. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 105.078. The above observations make me that the market will inevitably achieve 104.521 level. P.S Please, note that an oversold/overbought condition can...
Take a look at our analysis for GBPUSD. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 1.256. Considering the today's price action, probabilities will be high to see a movement to 1.271. P.S We determine oversold/overbought condition with RSI...
Take a look at our analysis for GBPJPY. Time Frame: 30m Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 191.946. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 192.595 level. P.S The term oversold...
Please, check our technical outlook for ETHUSD. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 3103.5. The above observations make me that the market will inevitably achieve 2721.1 level. P.S We determine oversold/overbought condition with RSI...
Here is our detailed technical review for AUDCAD. Time Frame: 30m Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 0.904. Taking into consideration the structure & trend analysis, I believe that the market will reach 0.902 level soon. P.S Overbought describes a period...
Hello,Friends! Bullish trend on CAD/JPY, defined by the green colour of the last week candle combined with the fact the pair is oversold based on the BB lower band proximity, makes me expect a bullish rebound from the support line below and a retest of the local target above at 113.303. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! We are now examining the EUR/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 1.071 level. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! We are targeting the 154.942 level area with our long trade on USD/JPY which is based on the fact that the pair is oversold on the BB band scale and is also approaching a support line below thus going us a good entry option. ✅LIKE AND COMMENT MY IDEAS✅
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the QQQ pair price action which suggests a high likelihood of a coming move down. ❤️ Please, support our work with like & comment! ❤️
The price of NATGAS 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!❤️
Hello,Friends! NQ1! is trending down which is evident from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a great trend following opportunity for a short trade from the resistance line above towards the demand level of...
Hello,Friends! GBP/USD pair is in the downtrend because previous week’s candle is red, while the price is clearly rising on the 12H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.231 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 USD/CHF 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 0.895 level. ✅LIKE AND COMMENT MY IDEAS✅