CLSK - struggling to stay above the 14.00 area. Same area was hard resistance (red arrow on the left) after the stock succeed to break that 14.00 area, she keeps her momentum till the 24.50-25.00 area and from that point the stock dive to 14.00 area again, and now the same zone is intended to be a support zone (green arrow on the right) On top of it the same area...
Please, check our technical outlook for GBPCAD. Time Frame: 1h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 1.701. 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...
Please, check our technical outlook for DXY. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 105.841. The above observations make me that the market will inevitably achieve 107.241 level. P.S We determine oversold/overbought condition with RSI...
The stock, after a strong move from the 1.20 to 5.00 zone, has since materialized in a healthy way, and found support on the 0.78 Fibonacci level. The stock closed an open gap at 3.50 and is having difficulties through this area. Currently producing a cup&handle pattern (orange). in addition there are currently about 18% short interest on the stock, which can...
Here is our detailed technical review for NAS100USD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 17264.3. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 17748.6 level. P.S We determine...
Here is our detailed technical review for EURUSD. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 1.063. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 1.065 level. P.S Please, note that an...
Please, check our technical outlook for SPX. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 4966.93. The above observations make me that the market will inevitably achieve 5113.40 level. P.S We determine oversold/overbought condition with RSI...
Take a look at our analysis for USOIL. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 82.08. Considering the today's price action, probabilities will be high to see a movement to 83.80. P.S Please, note that an oversold/overbought condition can last for a...
Take a look at our analysis for SILVER. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 26.827. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 24.820 level. P.S Overbought...
Please, check our technical outlook for AUDUSD. Time Frame: 1h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 0.645. The above observations make me that the market will inevitably achieve 0.642 level. P.S Please, note that an oversold/overbought condition can...
This Analysis was requested by @anerishah269 The chart should tell you everything you need to know about NSE:DEEPAKNTR : However, Below are some 'good to know' pointers: - The Price action is completely sideways in nature with clearly marked support and resistance zones - The price has been consolidating for over 18 months now - Owing to the sideways nature,...
AUDCHF broke and closed above a key daily horizontal resistance. The broken structure turned into support now. The market may keep growing. Next resistance - 0.5909 ❤️Please, support my work with like, thank you!❤️
Take a look at our analysis for DXY. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 105.968. Considering the today's price action, probabilities will be high to see a movement to 103.741. P.S We determine oversold/overbought condition with RSI...
The chart is pretty self-explanatory as always. Also, as usual, below are some good-to-know pointers: - The stock has been range-bound for 2.5+ Years with clear support and resistance - The 2000 mark holds a strong resistance - The stock has a death cross on its daily chart - The PE has slightly improved - Now to the breaking news: - Mr. Uday Kotak has resigned...
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Please, check our technical outlook for GOLD. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 2340.10. 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...
This weekend, I shared a very bearish forecast for GBPUSD, following a confirmed violation of a key daily horizontal support. As I predicted, the pair started to fall sharply today. The closest support that I see on a daily time frame is 1.222. The underlined blue area will most likely be the next goal for the sellers. ❤️Please, support my work with like,...
Take a look at our analysis for EURCHF. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 0.969. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 0.965 level. P.S The term...