Take a look at our analysis for US500. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 4939.4. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 5100.0 level. P.S The term oversold refers to a condition...
Take a look at our analysis for GOLD. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 2033.920. The above observations make me that the market will inevitably achieve 2050.000 level. P.S We determine oversold/overbought condition with RSI...
Hello,Friends! The BB lower band is nearby so GBP-USD is in the oversold territory. Thus, despite the downtrend on the 1W timeframe I think that we will see a bullish reaction from the support line below and a move up towards the target at around 1.264. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! The BB lower band is nearby so SILVER is in the oversold territory. Thus, despite the downtrend on the 1W timeframe I think that we will see a bullish reaction from the support line below and a move up towards the target at around 23.280. ✅LIKE AND COMMENT MY IDEAS✅
Embarking on an Elliott Wave journey, MINAUSDT stands on the brink of concluding a major uptrend, gracefully navigating through the final crescendo of the 5th wave. A pivotal moment unfolds as MINA finds a sturdy support at the 61.8% Fibonacci retracement level, offering a crucial foundation for further ascent. The key lies in the daily closing price, remaining...
Gold has come to a critical support area after NFP numbers on Friday. However before we continue downwards, we will have a slight pullback up then the drop will continue. Use proper risk management.
#BTC Mirror level 44437 LONG 1. Small bar approach 2. Consolidation along the level with compression 3. Near retest 4. Accumulation
The volume here says it all where it bottomed out and buying support came rushing in We stayed bottoming on this support lined almost 2 years. We recently bounce off the support and crossed and closed above the 50-period moving average. MACD Is above the Signal Live Our Algorithm Gave the Signal Below This Morning (02/07/2024) As always do your own research! 🔎...
✅DXY is making a pullback While trading in an uptrend But a support level of 103.700 Is ahead so after the retest A move up is to be expected LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Greeting Traders! In today's trading session, we're eyeing a potential buying opportunity for USDCAD around the 1.34000 zone. Currently, USDCAD is in an uptrend but undergoing a correction phase as it nears the 1.34000 support and resistance area. Adding a fundamental layer to our analysis, Chair Powell's recent shift in stance regarding a March rate cut is...
so only because much of Tesla issues issues were all headline risk, and I believe the technicals have now taken over, it is set for aggressive impulse wave higher .
STORJ has been a fascinating case study since September 2022. The lingering battle below the psychologically significant $0.5 level lasted a whopping 400 days, creating a formidable supply zone. However, the tide turned in November 2023, witnessing a breakthrough marked not only by a breach but, significantly, under the weight of intense buying pressure. The...
Take a look at our analysis for AUDJPY. Time Frame: 3h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 96.569. The above observations make me that the market will inevitably achieve 97.144 level. P.S Please, note that an oversold/overbought condition can last for a...
Here is our detailed technical review for EURUSD. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 1.073. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 1.081 level. P.S Overbought...
✅AUD_NZD will soon retest The long-term strong rising Support so after the retest We will be expecting a Local bullish rebound LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! GBP-NZD is going down But will soon hit a Horizontal support level Of 2.0575 from where A bullish rebound It to be expected Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅EUR_NZD has retested The horizontal support Of 1.7608 from where I think we will see a Bullish rebound LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! EUR-USD has retested The horizontal support Of 1.0730 from where We are seeing a bullish Rebound and I think that The pair will go higher up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!