Take a look at our analysis for NAS100USD. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 18038.0. The above observations make me that the market will inevitably achieve 17367.7 level. P.S Overbought describes a period of time where there has been...
Please, check our technical outlook for USDCAD. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 1.358. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 1.351 level. P.S The term...
Here is our detailed technical review for GOLD. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 2176.117. Considering the today's price action, probabilities will be high to see a movement to 2157.430. P.S Overbought describes a period of time where there...
Take a look at our analysis for USDCHF. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 0.875. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way...
Please, check our technical outlook for CADJPY. Time Frame: 5h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 111.143. Taking into consideration the structure & trend analysis, I believe that the market will reach 110.599 level soon. P.S Please, note that an...
Here is our detailed technical review for AUDJPY. Time Frame: 5h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 96.632. Considering the today's price action, probabilities will be high to see a movement to 96.007. P.S The term oversold refers to a condition where an...
Please, check our technical outlook for GOLD. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 2037.204. Taking into consideration the structure & trend analysis, I believe that the market will reach 2024.871 level soon. P.S Overbought describes a period...
Here is our detailed technical review for AUDCHF. Time Frame: 7h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 0.571. The above observations make me that the market will inevitably achieve 0.568 level. P.S Overbought describes a period of time where there has...
Here is our detailed technical review for EURAUD. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 1.649. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all...
Here is our detailed technical review for DXY. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 102.020. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all...
Take a look at our analysis for SILVER. Time Frame: 10h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 24.471. Taking into consideration the structure & trend analysis, I believe that the market will reach 23.550 level soon. P.S We determine oversold/overbought...
Take a look at our analysis for NG1!. Time Frame: 3h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 2.468. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 2.366 level. P.S Overbought...
Please, check our technical outlook for EURUSD. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 1.073. The above observations make me that the market will inevitably achieve 1.069 level. P.S The term oversold refers to a condition where an asset has...
Hello,Traders! GBP-USD has made a Bearish breakout of the Key horizontal level of 1.2642 And the breakout is confirmed So we are likely to see a Further move down after Some initial correction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅GBP_CAD is trading in an Uptrend but the pair will soon Hit a massive horizontal resistance Of 1.7358 from where I think We will see a bearish correction SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Starting off our Sunday as always with GJ, we came out of last week with 2 clean entries using our ASE system, overall we have a very obvious trendline liquidity zone within our bullish swing range, also known as internal liquidity. this gives price a clear area of liquidity to sweep out before carrying over our order flow. We are looking for our SWH as our...
Here is our detailed technical review for AUDJPY. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 94.649. Considering the today's price action, probabilities will be high to see a movement to 94.004. P.S Overbought describes a period of time where there has...
Hello,Friends! US30 pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 12H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 33114...