USDCHF is currently in a bullish trend. Price is forming a bullish flag pattern, indicating a potential continuation of the uptrend. The pair is finding support at the 50% Fibonacci retracement level, adding confluence to the bullish bias. What you guys think of this idea ?
Hey Traders, in today's trading session we are monitoring USDCHF for a buying opportunity around the 0.88000 zone. USDCHF is currently in an uptrend and approaching the critical 0.88000 support and resistance area. Now, let's dive into the fundamental analysis shaping this trade. On one hand, recent CPI data in the US has shown signs of strength, suggesting...
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...
#STORJ/USDT Analysis Description --------------------------------------------------------------- + As evident from the chart above, Storj has recently broken out from its resistance but faced rejection at a weaker resistance level. + Consequently, the price retreated to its support zone and is currently attempting to rebound from this support. + I anticipate the...
Observing the market over a two-year span reveals a compelling metamorphosis from supply to demand zones, reflecting a captivating evolution in SSVUSDT dynamics. The consistent respect for the demand zone serves as a testament to the robustness of the trend, showcasing an overall acceleration in the SSVUSDT uptrend. Anticipating the future trajectory, my outlook...
Lithium stocks in extreme oversold spots right now, these stocks like "LAC" in my opinion is very good long-term hold with at least 400% - 560% gains in upcoming year or two. You rarely see anything as cheap as this, possible we will never see these lows again in our life times. When stocks like TSLA and other Electronics will rise Lithium stocks will skyrocket....
BYBIT:MULTIUSDT.P Today I've hit multi purely for the fact that it is reacting off the $1 mark and the volume is starting to sky rocket... I could probably get more than a 1:5 but I'm being honest with myself and letting my consistency take over here.
Hello,Traders! DXY is trading along the Rising support line And the index will soon Retest is so after the Retest we will be expecting A further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
BINANCE:XLMUSDT (4H CHART) Technical Analysis Update XLM is currently trading at $0.117 and the price is currently trading at its strong resistance zone which got rejected multiple time. We are looking for a LONG trade opportunity if the price successfully breakouts from the resistance zone. Successful breakout will push the price to next minor resistance...
Price seems to be forming a Head and Shoulders pattern on the 15m tf. price recently made a supply zone (.61500-525) and a choch. price retested the neckline of the "H&S" and went up to retest resistance at .61475 and after forming the choch. we can make a entry on a lower tf when price makes a choch. we can take profit at the next demand at .61250
✅EUR_NZD will soon retest a key support level of 1.7568 So I think that the pair will make a rebound And go up to retest the supply level above of 1.7500 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
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. Additionally, the recent release of robust CPI data in the United States has contributed to the bullish...
Hey Traders, in today's trading session we are monitoring USDCAD for a buying opportunity around 1.34630 zone, USDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.34630 support and resistance area. Adding a fundamental layer, The recent CPI data in the US has shown signs of inflationary pressure, with...
Arkm/Usdt Long Setup wait to enter the point, then buy entre - 1.0673 SL - 0.9904 TP - 1.2663
Hello traders, I want share with you my opinion about Swiss Franc. Observing the chart, we can see that the price a few days ago rebounded from the current support level and started to decline to the next level, which coincided with the buyer zone. But soon, CHF declined lower than 0.8485 level and declined until to 0.8330 points, after which Swiss Franc turned...
Hello,Friends! We are now examining the EUR/AUD 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 1.655 level. ✅LIKE AND COMMENT MY IDEAS✅
Similiar to the NZDUSD, the AUDUSD has broken above the bearish trendline. However, price is currently at the 23.60% fib retracement level. Currently in consolidation, look for the AUDUSD to push to the upside, buying beyond 0.6555 to the next resistance level of 0.6618 (38.2% fib retracement level) Watch out for the Aussie-related news, RBA monetary policy...