My dear subscribers, This is my opinion on the SILVER next move: The instrument tests an important psychological level 27.890 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 28.558 About Used Indicators: On the subsequent day,...
My dear friends, USDCHF looks like it will make a good move, and here are the details: The market is trading on 0.9137 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 - 0.9117 About Used Indicators: Pivot points are a...
NASDAQ:NEO UPDATE NASDAQ:NEO is exactly on the way as predicted already in good gain upto 100%+. Now this is again getting a good volume. We can see again gain upto 30%+ here #NEO #NEOUSDT #NEOBTC #NEOBNB #BNB #BTC #CRYPTO
TRU after reaching the trendline has the possibility to go down 🔵Entry Zone 0.14100 - 0.13467 🔴SL 0.15428 🟢TP1 0.12661 🟢TP2 0.11411 🟢TP3 0.09343 Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you...
Hello Bitcoin traders! BTCUSD is forming a correction from the highs since reaching the $74,050 mark. But! At the same time, an ascending triangle is forming, which theoretically should see the price break the resistance at $72,750 and grow further. It is worth noting that the mentioned support around the $65,500 and $65,000 areas could be followed by a...
Hi Realistic Traders, let's delve into the technical analysis of BINANCE:MANTAUSDT ! On the Daily timeframe, MANTAUSDT is presenting a clear double-top pattern , a classic bearish signal indicating a potential reversal from an uptrend to a downtrend. The recent breakout of the neckline, paired with a surge in volume above the volume MA line, amplifies the...
Hello traders! Overall, the EUR correction continues as I mentioned, the previous breakout around 1.0805 could not cause the EU to turn bullish, but was quickly suppressed by sellers since reaching 1.0885 . At the same time, a broken handle cup forms. Theoretically, the price will quickly break support, and correct further. Meanwhile, the US Dollar's modest...
Hello dear friends! Let's recap the markets from last week and discuss our new plan for next week, shall we? Overall, the downtrend in GBPUSD continued last week. Strong support at 1.2575 failed to turn GU and the downtrend persisted. Currently, GU is trading around 1.2537-1.2540. It can be seen that GU is mostly sideways as the price faces strong support at...
Hello dear traders! Gold prices jumped to safety after Iran attacked Israel late Saturday. The US dollar does not benefit from geopolitical instability and higher US Treasury bond yields. Gold heads north along with the 4H RSI ahead of US Retail Sales data. All eyes are still focused on geopolitical developments in the Middle East to create new trading momentum...
Bitcoin (BTCUSD) made a sharp decline on Saturday and is now in the process of recovering. The 1W candle wick dived as low as the low of almost 30 days back (March 20), extending the 1-month consolidation since March 13 High. This is of course directly related to the fundamental aspect of BTC's Halving, which is due at the end of the week and historically exerts...
By examining the gold chart in the 30-minute time frame, we can see that the price started to grow from the demand range of $2326 to $2333 and is currently trading in the range of $2341! Pay attention that at this moment gold has entered a supply range and because of this it has faced a negative reaction, but there are a series of attractive ranges for trading...
Please, check our technical outlook for NAS100. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 18126.71. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 18304.92 level. P.S Overbought describes a...
Gold surpassed $2,four hundred an oz on Friday, however closed decrease as technical signs advised gold`s rally had overheated and traders closed positions. The present day tendencies withinside the Middle East brought about a wave of searches for secure assets, with issues approximately viable Israeli retaliation probably to assist gold withinside the close to...
Tencent Holding LTD (TCTZF) has been trading within a long-term Channel Down since the January 30 2023 High. Such +1 year consistency is hard to overlook technically, especially since the price got rejected last week not just on the Channel Down top (Lower Highs trend-line), but also on the 1D MA200 (orange trend-line). It has to be said that despite the...
Hello dear readers! EURUSD has recently undergone a significant adjustment, surpassing the 1.083 level. Currently at 1.074, it is attempting a slight recovery after breaking through the support level. Looking ahead, the relatively weak fundamental economic principles in the eurozone, coupled with the increasing likelihood of a soft landing in the US economy,...
Please, check our technical outlook for AUDCAD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 0.890. The above observations make me that the market will inevitably achieve 0.899 level. P.S We determine oversold/overbought condition with RSI...
Here is our detailed technical review for AUDUSD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 0.645. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 0.653 level. P.S We determine...
Please, check our technical outlook for EURAUD. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 1.646. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.642 level soon. P.S Please, note that an...