My dear friends, Please, find my technical outlook for NZDCHF below: The instrument tests an important psychological level 0.5394 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 - 0.5411 About Used Indicators: Super-trend indicator...
Hello,Friends! EUR/GBP pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 6H 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...
Hello,Friends! The BB upper band is nearby so NZD-CHF is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 0.533. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! CAD/CHF pair is in the uptrend because previous week’s candle is green, while the price is evidently rising on the 3H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 0.662 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
My dear followers, I analysed this chart on NZDCHF and concluded the following: The market is trading on 0.5426 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 0.5407 Safe Stop Loss - 0.5434 About Used Indicators: A super-trend indicator is plotted on either above or...
Hello traders what do you think about GBPUSD) 📉📈📊 GBPUSD√ wedge pattern test supply zone pullback Berish testing diamond zone Gbpusd Long 1.26347 TP 1/ 1.27330 Short Berish.127330 TP 1.25847 Follow risk management Safe trade don't forget like this analysis 💝
Please, check our technical outlook for US100. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 18298.8. Taking into consideration the structure & trend analysis, I believe that the market will reach 18603.7 level soon. P.S We determine oversold/overbought...
Here is our detailed technical review for DXY. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 104.230. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 104.968 level. P.S We determine...
Take a look at our analysis for USOIL. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 80.65. The above observations make me that the market will inevitably achieve 81.34 level. P.S Overbought describes a period of time where there has been a...
Take a look at our analysis for AUDNZD. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 1.087. The above observations make me that the market will inevitably achieve 1.092 level. P.S The term oversold refers to a condition where an asset has traded...
Gold may continue its growth amid huge buying interest. Central banks of major powers continue to actively buy the metal. Against the backdrop of the expected reduction of interest rates in the U.S., the potential for gold is also growing. From a technical point of view, for further growth the market-maker needs to liquidate orders below 2150 in order to gather...
GBPUSD is preparing to test the support. The price has been forming consolidation since the opening of the session. Most likely, local resistance may be tested with the aim of liquidating sellers with further decline to the potential target of 1.28. Reasons for further decline: 1) Dollar rises on news, this is negative for GBP 2) False breakdown of 1.28 forms a...
GBP/USD Analysis: Support Channel Breaks as Dollar Strengthens, Retest of Demand Zone Imminent The GBP/USD pair has experienced a significant shift in momentum as the support channel, marked by the crucial level of 1.28063, has been breached. This breach comes amidst a notable surge in the value of the US dollar, which has exerted downward pressure on the GBP...
BTC - trading plan Price broke value best area for LOng at $67 - $68k best area fro short at ATH
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) Signal For 26 Mar 2024 Trade Idea 1 SELL LIMIT Order: $2183.90 Stop Loss: $2200.43 Take Profit 1: $2167.63 Take Profit 2: $2158.77 Trade Idea 2 SELL LIMIT Order: $2187.74 Stop Loss: $2200.43 Take Profit 1:...
Gold is under pressure as the USD bounces up, waiting for the US core PCE report Gold sweeps two-way as the market awaits the core PCE report, the Fed's favorite inflation gauge, tomorrow. During the March 27 session, gold climbed above $2,193 before falling to $2,183 when the USD rebounded and then recovered and ended the day at $2,192 when US government bond...
During the March 26 session, gold prices rose back to $2,195, but as soon as data on the number of US durable goods orders was announced, gold adjusted back down. Price support is currently located around the old peak at $2,144.5 There won't be much major news coming out in the near term, so all eyes will be on the US PCE data, released on Friday as traders look...
Technically, rising April gold futures have a solid overall near-term technical advantage. A 5-week uptrend has been formed. According to senior market analyst Jim Wyckoff, gold's next upside price objective is to produce a close above solid resistance at the record high of $2,225.30. First resistance is seen at the $2,182.50 high and then at $2,188.00, solid...