Turning my analysis to NZDUSD, I've uncovered a promising LONG opportunity. The pair has demonstrated significant bullish signals, breaking above a critical resistance level and establishing a new higher low, which suggests an ongoing upward trend. This bullish momentum is supported by a robust crossover in the MACD and a sustained RSI above the 50 mark,...
Analyzing USDCHF, I’ve pinpointed a compelling SHORT opportunity. Technical indicators are showing clear signs of a bearish reversal, with the pair forming a series of lower highs and testing key resistance levels without success. This is complemented by a bearish divergence on the RSI and a downward crossing of the MACD, both signaling a potential decline. The...
Examining USDJPY, I’ve identified a robust SHORT opportunity as key technical and economic factors converge. The pair has encountered strong resistance at a critical technical level, exhibiting signs of exhaustion with the formation of a double top pattern. This bearish signal is reinforced by a descending RSI and a bearish crossover in the MACD, suggesting...
Turning my focus to GBPUSD, I see a compelling LONG opportunity. The pair has recently shown signs of a strong recovery, bouncing off significant support levels and forming a series of higher lows, which suggests an underlying bullish momentum. This is further confirmed by a bullish crossover in the MACD and an RSI that has moved firmly above the 50 threshold,...
Exploring the SP500, I've identified a clear SHORT opportunity as technical and economic indicators align. The index is currently testing critical resistance levels, with the formation of a bearish engulfing pattern and overextended RSI readings suggesting a potential reversal is imminent. This bearish outlook is reinforced by a negative divergence in the MACD,...
Examining NASDAQ, I've pinpointed a strategic SHORT opportunity as bearish signals begin to surface. The index has shown vulnerability at critical resistance levels, forming a potential double top pattern—a classic reversal indicator. Accompanied by bearish divergences in the RSI and a crossover in the MACD trending downward, the momentum appears to be...
Turning my attention to the US30, I've identified compelling signals for a SHORT opportunity. The index is showing exhaustion signs after failing to break above recent high resistance levels, with the emergence of a bearish divergence on the RSI and a potential double top pattern signaling a likely reversal. These technical indicators are complemented by an...
In the current evaluation of XAUUSD, I have identified a significant SHORT opportunity. The metal is encountering strong resistance at a crucial technical level, indicating potential exhaustion in the recent upward trend. Notable technical indicators such as the formation of a bearish engulfing pattern and an overbought RSI suggest a reversal could be imminent....
Right now, the value of the Euro (EUR) compared to the US Dollar (USD) is low (around 1.0740) as per strong Dollar (USD) considering the following factors: The European Central Bank (ECB) will likely keep interest rates the same this Thursday, but might consider lowering them in June. The US Federal Reserve (Fed) might wait longer to lower interest rates...
- It has been in a sideways channel for almost 2 years with clear support and resistance zones - It showed strength in the initial phase of this week but at the end got hung over Literally, upside down. - In the end, the price was prevented from breaking the trendline. Buyers appear trapped if the momentum changes sides. It did weaken the upside momentum for...
NVIDIA (NVDA): NASDAQ:NVDA In our last analysis of NVIDIA, we presented an alternative scenario. However, given NVIDIA's relentless momentum, we find ourselves needing to adjust this scenario once more. We are now inclined to believe that we are still within a subordinate Wave 3 of the overarching Wave (3), anticipating that the price must reach at least the...
MOEX:OZON has shown a very good results during a year. But definetely it will show much more in 4 months. Where to buy - 3350. Where to sell - 4950. Profit - 48%. Does not constitute a recommendation. #furoreggs #investing #stocks #shares #idea #forecast #trading #analysis If you want to discuss, please subscribe and challenge this point of view )
MOEX:HHRU is overheated a bit and time comes for correction. Horizon is near 2350 during 4 months. Does not constitute a recommendation. #furoreggs #investing #stocks #shares #idea #forecast #trading #analysis If you want to discuss, please subscribe and challenge this point of view )
NASDAQ:DOCU has a potential to be boosted for x2 (from 60 to 120) in a year. Does not constitute a recommendation. #furoreggs #investing #stocks #shares #idea #forecast #trading #analysis If you want to discuss, please subscribe and challenge this point of view )
Exploring XAUUSD reveals a strategic SHORT opportunity. Gold faces a critical resistance level, with bearish patterns indicating a potential reversal. Technical indicators, including a bearish divergence in the RSI and a MACD crossover to the downside, suggest weakening momentum. This is underscored by a recent failure to sustain gains above key psychological...
Eyeing the US30, I've identified a compelling LONG opportunity. The index is showing bullish signals, with a rebound from significant support levels and a pattern of higher lows suggesting an upward momentum. Technical indicators like the RSI moving above 50 and a bullish MACD crossover reinforce the strength of this trend. The broader economic indicators further...
Turning my analysis to NASDAQ, I've uncovered indicators that suggest a SHORT position is timely. The index has begun showing signs of strain under key resistance levels, with emerging bearish patterns such as a potential double top, hinting at a forthcoming reversal. This technical picture is underscored by an RSI trending towards overbought territory and a...
In the volatile landscape of cryptocurrency, my latest scrutiny of BTCUSD has highlighted a prime SHORT opportunity. The digital currency exhibits signs of a potential reversal, struggling to breach and hold above critical resistance levels, with price action forming a series of lower highs—a bearish indication. Technical indicators, including a bearish divergence...