the pair is likely to move lower in the short term, as it is trading below a solid key level of 1.0729 and has a bearish bias. The technical indicators also support the downward trend, as the pivot points high anticipates a potential price reversal, and the super trend shows a clear sell signal
the pair is likely to move higher in the short term, as it is trading above a solid key level of 0.8671 and has a bullish bias. The technical indicators also support the upward trend, as the pivot points low anticipates a potential price reversal, and the super trend shows a clear buy signal
some technical indicators suggest that the pair is overbought and may face a correction or consolidation soon
The H4 chart shows that the S&P 500 is in a strong uptrend, supported by a rising trend line and an ascending channel.
The technical analysis of the NASDAQ US 100 CFD shows that it is currently in a neutral zone, as it is trading above its long-term moving averages (200-day and 100-day), but below its short-term moving averages (50-day and 20-day)2. The oscillators, such as RSI, Stochastic, MACD, and ADX, are also indicating a lack of clear direction and momentum in the market
the pair is oversold in the short-term and may bounce back from the lower bound of the rising channel in orange2. However, the overall outlook remains bearish as long as the pair stays below the 1.6793 resistance level
AUDCHF is currently trading in a downtrend on both daily and weekly charts. The pair is below all its moving averages, which act as dynamic resistance levels. The RSI is in the selling zone, indicating bearish pressure. The MACD is below zero and has crossed below its signal line, confirming the downward momentum. trade carefully
If Bitcoin can break above the descending trend line and the MA200, it could signal a reversal of the downtrend and a start of a new uptrend. The next resistance levels to watch are $35,000 and $40,000.
The technical indicators suggest that the pair is oversold and may be due for a correction or a reversal in the near term. Some of the indicators are
looking for a break above 1925 to signal reversal of downtrend and to test 1950
Bitcoin has infamously rejected the 25k zone and looks to be making a comeback!!
The area at 31964.5 was previously a very strong support and then price broke through and price is now testing the area as resistance but it does not seem like it hold back the bullish momentum
price has respected 183.333 resistance once again and it is heading down
usdjpy failed to breach resistance at 143.970 and is now heading down, got stopped out yesterday with a very tight stop loss but now im putting the stop loss above 143.970
usdjpy failed to breach resistance at 143.970 and is now heading down
Meta share price could not go beyond 326.50 and is now heading down
Price has failed to breach the resistance at 83.335 and now heading back towards 79.455
strong bullish sentiment, prices had reached resistance and was going down but has turned around and will break the resistance