Please, check our technical outlook for EURGBP. Time Frame: 3h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 0.859. Considering the today's price action, probabilities will be high to see a movement to 0.857. P.S Overbought describes a period of time where there has been...
Take a look at our analysis for SILVER. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 24.591. Considering the today's price action, probabilities will be high to see a movement to 23.621. P.S The term oversold refers to a condition where an asset has...
Hi folks today I'm prepared for you Swiss Franc analytics. A few moments ago price declined to the resistance level, which coincided with the resistance zone, and at once bounced up and some time traded near. But soon, CHF started to decline and in a short time price fell until to trend line, thereby breaking 0.8695 and 0.8465 levels. After this, the price...
Hello,Friends! The BB upper band is nearby so CHF-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 166.712. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! EUR/USD pair is in the downtrend because previous week’s candle is red, while the price is obviously rising on the 2H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.084 because the pair is overbought due to its proximity to the upper BB band and a bearish correction...
Bitcoin is still dropping and showing further weakness here, even on today's daily candle. Yesterday we had a massive rejection, which led to a price close to $40,000 (which is the last support zone). We see the surge in lower zones to be reached, so we are very close to seeing that good drop happen (for which we have been waiting and getting ready for some time...
We had some major grabs here last week of $45K and $48K. As we already mentioned in our early TA's, we are looking for some liquidity movement of "short squeeze" to happen towards those zones where we got. Upon the "major news" that all people waited for, prices dumped back to as low as FWB:42K , where the weekly candle had almost no bearish wick on the lower...
Hello,Traders! GBP-NZD keeps growing And the pair looks locally Overbought so I think That after the pair Retests the horizontal Resistance of 2.0600 I will be expecting a Local bearish correction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
GU has been building up for this drop all week! Closely monitoring price for London open as we have GBP news just before open and USD news just before NY open. I'm thinking we should get a nice swing move to break the low that was created this week.
Hey Traders. in today's trading session we are monitoring AUDCAD for a selling opportunity around 0.89300 zone, AUDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.89300 support and resistance area. Trade safe, Joe.
Hello,Traders! AUD-CHF is going up Now and will soon hit A horizontal resistance Level of 0.5719 from Where I believe We will see a bearish Move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello,Traders! EUR-USD broke the key Horizontal level of 1.0898 From were we are seeing A bearish move down So I think that the pair Will go further down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 When price entered to rising channel, it first declined to support line and then at once bounced up to $1.0725 level. Then EUR broke it, but at once made correction below, after which broke this level again and continued to move up. Next, price reached resistance...
Hi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊 Recently price entered to falling channel, where it reached $0.5935 resistance level, which coincided with resistance zone. Then price bounced and in a short time declined lower than $0.5600 support level, and later it declined to support line. Ripple bounced...
In today's trading session, our focus is on XAUUSD, where we are monitoring a potential selling opportunity around the 2020 zone. Gold, currently in a downtrend, is experiencing a correction phase as it approaches the trend at the 2020 support and resistance area. Adding a fundamental layer to our analysis, let's delve into the recent Consumer Price Index (CPI)...
My dear friends, AUDUSD looks like it will make a good move, and here are the details: The market is trading on 0.6834 pivot level. Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 0.6761 Recommended Stop Loss - 0.6873 About Used...
So were currently sitting at a important zone for gold. I adviced to go long in the buy zone 2020-2016. WE need to pay attention to the 2028-2030 zone, because if this zone confirms a rejection. Then it is mostlikely gold wil fall posible with target 2006. If 2030 get broken with confirmation gold will push bullish with targets as 2045 and 2055. Second important...
Hello traders, I want share with you my opinion about Bitcoin. By observing the chart, we can see that the price traded in a triangle, where it rebounded from the resistance line and made a downward impulse to the support line, breaking the 42300 support level, which coincided with the buyer zone. After this, BTC at once rebounded from the support line and in a...