Hello,Friends! The BB lower band is nearby so EUR-CHF is in the oversold territory. Thus, despite the downtrend on the 1W timeframe I think that we will see a bullish reaction from the support line below and a move up towards the target at around 0.983. ✅LIKE AND COMMENT MY IDEAS✅
Market Analysis PT1/2 (18th April 2024) GBPJPY Analysis On the 4 Hour timeframe, price action has created a WCR. This is a vaild WCR as it meets all 3 criterias of: - Range on the 1hr/4hr/Daily timeframe - Range is at least 100-150 Pips wide - More than 2 taps on Each Support/Resistance. Looking at the 1 hour timeframe, price action has created a 1...
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...
MOEX:TCSG turned 180 degrees. and looking to the moon. My expectation, that shot will be a very sharp within just some months. In addition. in my view. this will show the first step only in the sequence of the next step-up. Potential is more than 7000 for the long-term (year or more). MOEX:TCSG ::2723->3600->4300::59%::Jul-Aug 2023 Does not constitute a...
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...
My dear friends, Please, find my technical outlook for GOLD below: The price is coiling around a solid key level - 2389.8 Bias - Bearish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 2357.2 About Used Indicators: The pivot point itself is...
My dear subscribers, My technical analysis for GBPAUD is below: The price is coiling around a solid key level - 1.9396 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 1.9314 My Stop Loss - 1.9447 About Used Indicators: By the very...
My dear friends, Please, find my technical outlook for NZDUSD below: The instrument tests an important psychological level 0.5900 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 - 0.5964 Recommended Stop Loss - 0.5865 About Used...
I've just faced an unpublished idea about SP:SPX . Will publish it in the mid on the road. ) Does not constitute a recommendation. #furoreggs #investing #stocks #shares #idea #forecast #trading #analysis If you want to discuss, please subscribe and challenge this point of view.
bullion is turning to all-time highs again, however this time buyers are fleeing gold miners` shares in droves. Even gold exchange-traded funds, which use buyers` cash to collect bodily stockpiles of bullion, are contracting as gold costs rise, that's exactly the alternative of what many analysts expected. The disconnect ties right into a broader fashion...
World gold prices went down as the market increasingly lowered expectations that the US would cut interest rates. On the other hand, the need to safely hide capital in precious metals has also gradually decreased as the Iran-Israel conflict has calmed down. Any major stable addresses continue to support gold and any escalation would take prices up to $2,500 an...
Hello,Friends! We are now examining the GOLD pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 2306.899 level. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! GBP/AUD pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 1D timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.926 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
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...
DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Ideas For 18 April 2024 Trade Idea 1 SELL LIMIT Order: $2375.19 Stop Loss: $2395.89 Take Profit 1: $2354.73 Take Profit 2: $2343.60 Trade Idea 2 SELL LIMIT Order: $2380.01 Stop Loss: $2395.89 Take Profit 1:...
✅GBP_NZD is going down And the pair broke the key Horizontal level of 2.1030 So we are bearish biased And we will be expecting A further move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅