Please, check our technical outlook for GOLD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 2232.998. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 2344.553 level. P.S Overbought describes a...
Please, check our technical outlook for EURUSD. Time Frame: 3h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 1.074. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 1.078 level. P.S Overbought describes a...
General explanation: - I have shorted the NASDAQ:AAPL yesterday - Textbook perfect short, stage 3 topping - It is forming a ledge and rolling over Beware: - AAPL can easily come back and be supported by institutions (e.g. move to the 200D SMA and still be shortable) Some nuances: - On the week of the 18MAR it couldnt even come to the 10WK MA and rolled...
Here is our detailed technical review for NAS100. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 18217.2. Considering the today's price action, probabilities will be high to see a movement to 18560.5. P.S The term oversold refers to a condition where an...
Take a look at our analysis for USOIL. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 84.99. 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...
Here is our detailed technical review for NZDCAD. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 0.807. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 0.804...
Please, check our technical outlook for US30. Time Frame: 8h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 39768.0. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 39375.1 level. P.S The...
Here is our detailed technical review for EURCHF. Time Frame: 5h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 0.972. Considering the today's price action, probabilities will be high to see a movement to 0.976. P.S Overbought describes a period of time where there has...
Take a look at our analysis 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 104.519. The above observations make me that the market will inevitably achieve 105.518 level. P.S The term oversold refers to a condition where an asset has traded...
AUDNZD broke one more horizontal resistance last week. I think that the next goal for the buyers will be 1.0935 level - the next historical structure. I will expect a bullish continuation to the underlined yellow area. ❤️Please, support my work with like, thank you!❤️
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 2250.313. Taking into consideration the structure & trend analysis, I believe that the market will reach 2222.660 level soon. P.S We determine...
Take a look at our analysis for GBPNZD. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 2.109. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 2.115 level. P.S Please, note that an oversold/overbought...
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 GBPCHF. Time Frame: 3h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 1.137. Considering the today's price action, probabilities will be high to see a movement to 1.141. P.S The term oversold refers to a condition where an asset...
Take a look at our analysis for USOIL. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 83.06. The above observations make me that the market will inevitably achieve 80.08 level. P.S Overbought describes a period of time where there has been a...
NZDCAD broke and closed below a key daily horizontal support. The broken structure turned into a resistance and we see a strong bearish reaction after its retest. The pair may keep falling. Next support will be 0.8045 ❤️Please, support my work with like, thank you!❤️
Here is our detailed technical review for USDCAD. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 1.355. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 1.346...
Take a look at our analysis for EURUSD. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 1.079. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 1.084 level. P.S Please, note that an oversold/overbought...