Hello,Friends! CAD/JPY pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 6H timeframe the pair is going up. 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 111.671...
Hello,Friends! Previous week’s green candle means that for us the NZD/CHF pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 0.535. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! We are now examining the NZD/JPY 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 89.913 level. ✅LIKE AND COMMENT MY IDEAS✅
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...
MOEX:VTBR is moving inside the narrow enough channel to the bottom of the triangle. Now is time to touch this bottom line. After that I expect to watch a well-done movie with an example, how to jump x2 higher the place, where you are in. Does not constitute a recommendation. #furoreggs #investing #stocks #shares #idea #forecast #trading #analysis If you want to...
S&P has been down four straight days. Also, yesterday S&P closed a gap from February which coincides with a support level. Level to watch: 5074 ---5072 Reports to watch: Existing Home Sales 10:00 am EST EIA Natural Gas Report 10:30 am EST
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,...
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:...
Hello,Traders! AUD-JPY is trading in a Rising channel and the Pair will soon retest the Rising support of the channel From where we will be expecting A bullish rebound and a move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
I'M BACK TO TRADINGVIEW AGAIN Let's Do Rock the Levels With me How Many People are Happy Now BUY ABOVE - 47560 SL - 47410 TARGETS - 47700,47840,47950 SELL BELOW - 47410 SL - 47560 TARGETS - 47300,47200,47050 NO TRADE ZONE - 47410 to 47560 Previous Day High - 47600 Previous Day Low - 47300 Based on price action major support & resistance's are here, the...
I'M BACK TO TRADINGVIEW AGAIN - Let's Do Rock the Levels With me - How Many People are Happy Now BUY ABOVE - 22210 SL - 22160 TARGETS - 22270,22320,22360 SELL BELOW - 22120 SL - 22160 TARGETS - 22080,22050,22020 NO TRADE ZONE - 22120 to 22210 Previous Day High - 22210 Previous Day Low - 22080 Based on price action major support & resistance's are here,...
#EURUSD Good day, we continue to be in a long context despite the corrective movement formed in the latter half of yesterday. I would also like to note the beginning of the order flow in the long direction, which gives us additional reason to adhere to the long context for the day. The intraday target will be the previous day's high (PDH), as well as the liquidity above.
The EUR/NZD pair remains ensconced within a bullish trajectory, exhibiting resilience even amidst the ebb and flow of market dynamics. As traders observe the pair's current consolidation phase, characterized by a potential pullback to the 38.2% Fibonacci level, anticipation builds around pivotal events that could catalyze its next bullish impulse. The EUR/NZD...
In the dynamic world of forex trading, every fluctuation in currency pairs tells a story. The EUR/USD pair, a perennial favorite among traders, often serves as a barometer for global economic sentiment. In recent sessions, its movements have captured attention, offering insights into market expectations and reactions to key events. Yesterday, during the American...
Don't expect of keeping on the upstairs moving of such upward race for BYBIT:SQTUSDT , which we are watching for during last months. Waiting for correction until 0.026 approx before time to buy comes. Idea is to multiply input for 4 times in a month. Does not constitute a recommendation. #furoreggs #investing #stocks #shares #idea #forecast #trading...
If the price of Bitcoin stabilizes at 61630.1, then the market is expected to fall to the range of 592220. But this depends on BTC.D and USD.D, which are currently at critical points. Also, for the rest of the coins, when the BTC trend line breaks, we will expect the price to drop. BINANCE:BTCUSD.P