Take a look at our analysis for GBPCAD. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 1.711. Considering the today's price action, probabilities will be high to see a movement to 1.716. P.S We determine oversold/overbought condition with RSI...
Take a look at our analysis for USDCHF. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 0.908. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 0.895 level. P.S The term...
Take a look at our analysis for US100. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 17330.1. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 16972.3...
We're setting up a swing entry for $BINANCE:ENAUSDT. There are several reasons for this decision, including the fact that we've captured all the buy-side liquidity we had previously marked and reclaimed these demand zones. Recently, we observed a Stop Fishing Point (SFP) during the second dip and now anticipate rising at least to the supply levels between $1.26...
Take a look at our analysis for DXY. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 106.278. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 107.464 level. P.S Overbought describes a...
Take a look at our analysis for GOLD. Time Frame: 5h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 2381.676. Considering the today's price action, probabilities will be high to see a movement to 2431.527. P.S Please, note that an oversold/overbought condition can last for...
NZDJPY formed a huge bullish flag pattern on a 4H time frame. Its resistance was successfully broken yesterday and we see a positive, bullish reaction after a retest. The market may keep growing. Goals: 91.9 / 92.2 ❤️Please, support my work with like, thank you!❤️
Looking on BINANCE:GALUSDT , we are currently witnessing an interesting scenario. Following a prolonged accumulation phase within a specific trading range, there was a significant sell-off that led to a breakout downwards, entering what is often referred to as the "Manipulation Area" and specifically into Wave (4), just below the 50% retracement level. The most...
Please, check our technical outlook for DXY. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 105.823. 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 SPX500. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 5062.0. Taking into consideration the structure & trend analysis, I believe that the market will reach 4928.9 level soon. P.S Overbought describes a period...
Please, check our technical outlook for AUDUSD. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 0.644. The above observations make me that the market will inevitably achieve 0.650 level. P.S We determine oversold/overbought condition with RSI...
Take a look at our analysis for EURUSD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 1.063. Considering the today's price action, probabilities will be high to see a movement to 1.072. P.S Please, note that an oversold/overbought condition can last for a...
Please, check our technical outlook for EURUSD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 1.062. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 1.075 level. P.S The term oversold refers to a...
Please, check our technical outlook for EURUSD. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 1.065. The above observations make me that the market will inevitably achieve 1.059 level. P.S Please, note that an oversold/overbought condition can...
Here is our detailed technical review for EURCHF. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 0.968. Taking into consideration the structure & trend analysis, I believe that the market will reach 0.975 level soon. P.S The term oversold refers to a...
Here is our detailed technical review for NZDCHF. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 0.538. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 0.534 level. P.S We...
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Here is our detailed technical review for USOIL. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 81.78. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 79.47 level. P.S Please,...