Hey Traders, in today's trading session we are monitoring XAUUSD for a selling opportunity around 2016 zone. XAUUSD was trading in an uptrend and successfully managed to break it out. Currently, it is in a correction phase, approaching the retrace area at 2016 support and resistance zone. Now, let's dive into the fundamental analysis. The latest Consumer Price...
Hey Traders, in the coming week we are monitoring GBPUSD for a selling opportunity around 1.26300 zone. GBPUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.26300 support and resistance area. Recent CPI data from the US revealed a core CPI of 0.4% in February, surpassing expectations of 0.3% and...
Hello,Friends! The BB upper band is nearby so EUR-JPY 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 160.556. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! Previous week’s green candle means that for us the EUR/GBP pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 0.852. ✅LIKE AND COMMENT MY IDEAS✅
Hello everyone, how do you think gold price today will move? Opening for the new week, gold traded at about 2019 USD and increased by $ 6.5 in Asia's first trading hours. The gold market forecast may be quiet this week when there is little important data published. In addition to the weekly unemployment benefits and Fed officials, the market will wait for the...
Price made a double top at 0.88168. it rejected the high zone with a bearish engulfing on the 15m and also formed a head and shoulder. we can use price action on lower tf for a entry at the retracement of the right shoulder and .618-.786
#WAVES/USDT Analysis Description --------------------------------------------------------------- + After gradual crash over the month, we are seeing a decent bounce back in the price + If this bounce back is really a next leg of the long trend then we are looking the price to reach next major resistance + If the bull trend we have multiple minor resistances and...
Hello,Traders! NZD-CAD is already making A bearish pullback from the Horizontal resistance level Of 0.8283 and I think that We will see a further Move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello,Traders! CRUDE OIL keeps growing And will soon hit a horizontal Resistance level of 79.79$ From where I think we will See a local bearish correction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hey Traders, in tomorrow's trading session we are monitoring US30 for a selling opportunity around 38570 zone, US30 is trading in an uptrend and currently seems to be attempting to break it out. If we get dips below the 38570 support we will be looking for a potential retrace of the trend towards more lows. The recent release of CPI data showing a...
Hey Traders, in today's trading session we are monitoring EURGBP for a selling opportunity around 0.85400 zone, EURGBP was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.85400 support and resistance area. Trade safe, Joe.
✅EUR_USD price went up sharply But a strong resistance level was hit at 1.0802 Thus, as a pullback is already happening And a move down towards the target at 1.0761 shall follow SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Friends! We are going short on the EUR/CHF with the target of 0.937 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! NQ1! is making a bullish rebound on the 2H TF and is nearing the resistance line above while we are generally bearish biased on the pair due to our previous 1W candle analysis, thus making a trend-following short a good option for us with the target being the 17861.25 level. ✅LIKE AND COMMENT MY IDEAS✅
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...
If you haven`t sold MATIC when Robinhood delisted it: With the stock market reaching record highs, there is growing optimism that the positive momentum could spill over into the crypto market. Historically, we've seen a correlation between bullish sentiments in traditional markets and increased interest and investment in cryptocurrencies. As traditional...
If you haven`t bought ADA at the beginning of the altcoin season: With the stock market reaching record highs, there is growing optimism that the positive momentum could spill over into the crypto market. Historically, we've seen a correlation between bullish sentiments in traditional markets and increased interest and investment in cryptocurrencies. As...
If you haven`t bough the Double Bottom on DOT: With the stock market reaching record highs, there is growing optimism that the positive momentum could spill over into the crypto market. Historically, we've seen a correlation between bullish sentiments in traditional markets and increased interest and investment in cryptocurrencies. As traditional investors seek...