From my point of view, NZD/CAD already reached the lowest price and now it will go back up. We can see that according to the momentum indicator, there was a bounce and also this type of green candlestick is a bullish sign. Just remember always do your own due diligence and good luck.
I am showing here only the day chart, but the conditions are very overbought in the weekly chart, in the day chart, and in the four hour chart, so it is time to short. Just remember , always do your own due diligence and good luck.
This could be a great shorting opportunity if you start seeing the price of EUR/USD go down more below the horizontal line (support line). Otherwise, if you see new green candlesticks forming on the 1 hour chart then this could be a buy sign.
If gold goes below the support line, then it is time to sell. Otherwise, if it makes a bounce to the top, then it is time to buy. If you see a couple of green candlesticks forming, then it is time to buy.
Looks like gold just hit the support line and bounced back up, keep watching the price of gold, if it goes over the exponential moving average ( 30 ) , then you could buy the gold, otherwise don't.
Watch carefully the price, if the price of EUR/USD goes above the resistance( white ) line, then you could start buying. If it hits it and you see red candles forming, then it won't keep going up, and you could short. Basically, if goes above the resistance line and breaks it, then go bullish, otherwise you can stay bearish. Just watch carefully.
Watch carefully the price, if the price of silver goes below the support ( white ) line, then you could start selling. If it hits it and you see green candles forming, then it won't keep going down, and you could go bullish. Basically, if goes below the support line and breaks it, then short, otherwise you can stay bullish. Just watch carefully. From my point of...
Time Frame is 4 hours, and the higher the time frame, the higher the impact, and here there will be a lot of sales. A lot of bears are trying to take control of the price here and they are trying to decrease it. Price reached the 994.01$ resistance zone and now went down, and we can red candlesticks forming.
Well i explained already everything in the chart in green color. The RSI and Momentum indicator clearly show that it is time to buy GBP/USD and to enjoy the ride.
From my point of view, you should buy SILVER once it breaks the resistance. Bull have control , they have momentum. If silver breaks the resistance, then be ready to go long , watch very carefully when the market opens, and it bounces back away from the resistance line and you can see red candlesticks forming, then bears would take control of the market and you...
Just read what i wrote above and you will understand what is happening, we are once again experiencing overbought conditions. Don't forget this is not a currency and not a commodity, it won't go that down.
Be ready to short, there's a big short opportunity here, just look at how the price went down after touching the resistance line. History often repeats itself and this is a perfect case. Short now, just don't forget to do your own due diligence and good luck. This is just my opinion, news can affect the market, don't forget that, but shorting would be here the...
I explained everything in the picture above, if gold goes above the resistance, then expect the gold to go higher, if gold goes bounces back down and has 2-3 red candle sticks, there's a big chance that it will start going down and bears will take control of gold. Just remember, always do your own due diligence and good luck.
Well, it seems that the EUR/USD currency is overbought right now. It is possible to understand that it is overbought because we can see overbought levels on the 4H chart. The higher the time frame, the bigger is the impact. Also, if you take a look at the history, you would be able to see that overbought conditions on the 4H chart bring the price of EUR/USD really...
It looks like there's a reversal happening. It looks like gold has reached its support level, and it is time for reversal to occur, however it might still slightly go down. According to the momentum indicator, there will be a reversal right now, and gold will go up right now. Do your own due diligence and good luck.