Here is our detailed technical review for SILVER. Time Frame: 8h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 23.957. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 23.276...
Take a look at our analysis for GBPUSD. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 1.278. The above observations make me that the market will inevitably achieve 1.289 level. P.S The term oversold refers to a condition where an asset has traded...
Please, check our technical outlook for EURGBP. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 0.855. Taking into consideration the structure & trend analysis, I believe that the market will reach 0.874 level soon. P.S We determine oversold/overbought...
EUR/USD Analysis, June 20, 2023: On the 1-hour chart, the EUR/USD pair continues to be bearish, extending a significant downtrend that started in the last few sessions.
OANDA:XAUUSD is still under bearish pressure. A false break-down of the triangle resistance makes the price prepared for a further decline to 1939. What to expect from the price today? The U.S. is having a day off today, so there will probably not be much volatility. The dollar index has been slowly strengthening since the opening session, which could cause...
NZD/JPY Short • If price impulses down, it does so in a convincing manner and a subsequent tight flag forms, then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any...
BTC has been very fun to scalp in this flag pattern over the last few weeks. But we are getting really close to a moment of make or break. I like to keep my technical analysis really simple, using basic techniques such as price action, trend-lines, and zones of support and resistance (S&R). As the analysis clearly illustrates, we can see a 50/50 scenario here. A...
Hey Traders! 👋 For Day 34/100 of our challenge, we will look at a data-backed NZDJPY long idea Technicals: - Overall bullish - Made a high at 88.50 - Expecting retracement to 87.60 - Target at 89 - If 86.80 is breached, idea is invalid Other data: ⬆️ Seasonality is still bullish expecting 90 level ⬆️ Pattern scan is also bullish expecting 90 before deeper...
Observations:: --- the stock is facing resistance in the zone 2720-2740, if price breaks the 2640 zone and gives retest to 2680 or 2660 will go for selling up to 2580 level. Keep on buy side from 2580 level, to 2660 level. Note:: If you are not able to see my Ideas in your following section, please change in language setting to English(English).
Violet line was perfectly accurate :D broken up and retested accumulation in h4 and market general sentiment is bullish.
With the weakness seen in the US DOLLAR INDEX in the recent weeks, we've seen a surge in price on foreign currencies like EURUSD 7 GBPUSD. A rally is also expected to unfold on this asset class but price insist to stay inside of a consolidation Range. I outlined a level as sell stops, that's where I believe the pool of liquidity is. price did infact...
✅USD_CAD fell down sharply But a strong support level was hit at 1.3160 Thus I am expecting a rebound And a move up towards the target of 1.3236 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
✅EUR_AUD has failed to Break the strong support Level of 1.585 so we are Seeing a rebound ongoing So I think that the pair Will go further up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
✅WHEAT keeps growing And soon the price will hit The horizontal resistance level Of 727'0 from where I will Be expecting a local correction SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! USD-CHF is trading in a Downtrend and the pair Made a nice bullish Correction but will soon Hit a resistance level Of 0.8977 from where I think the move down Will resume Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello,Traders! AUD-JPY was growing fast Recently but the upward Movement seems to have Stalled somewhat because The pair has almost reached A strong resistance level Of 98.63 from where I think We will see a move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
The ANT coin, also known as Aragon, is a decentralized platform built on the Ethereum blockchain. It allows users to create and manage decentralized autonomous organizations (DAOs), which are digital organizations that operate without a central authority. ANT has experienced significant growth since its launch in 2017, and is currently ranked among the top 200...
In addition to the weekend trade report, more news about the ECB: The European Central Bank (ECB) is likely to raise interest rates again in July to tackle high inflation. This is what ECB President Christine Lagarde said in an explanation of the new interest rate hike by the central bank. According to Lagarde, the ECB is not yet at the desired "destination" and...