Please, check our technical outlook for GBPNZD. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 2.161. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 2.180 level. P.S We determine...
Here is our detailed technical review for AUDCAD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 0.919. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 0.937 level. P.S We determine...
Take a look at our analysis for SILVER. Time Frame: 8h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 32.634. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way...
Please, check our technical outlook for SPX500USD. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 5,779.8. Taking into consideration the structure & trend analysis, I believe that the market will reach 5,887.5 level soon. P.S Please, note that an...
Here is our detailed technical review for SPX500USD. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 5,735.3. Considering the today's price action, probabilities will be high to see a movement to 5,643.6. P.S Overbought describes a period of time where...
Please, check our technical outlook for EURCAD. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 1.512. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 1.516 level. P.S The term oversold refers...
Take a look at our analysis for CHFJPY. Time Frame: 3h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 175.805. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 176.531 level. P.S We determine oversold/overbought...
Take a look at our analysis for US30USD. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 42,066.9. The above observations make me that the market will inevitably achieve 41,539.1 level. P.S Overbought describes a period of time where there has been...
Please, check our technical outlook for GOLD. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 2,740.91. Taking into consideration the structure & trend analysis, I believe that the market will reach 2,791.34 level soon. P.S Please, note that an...
Here is our detailed technical review for USDJPY. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 151.684. Considering the today's price action, probabilities will be high to see a movement to 147.149. P.S The term oversold refers to a condition where an...
Please, check our technical outlook for SPX500USD. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 5,736.0. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 5,643.6 level. ...
Here is our detailed technical review for EURUSD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 1.083. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 1.099 level. P.S Please, note that...
Take a look at our analysis for ETHUSD. Time Frame: 17h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 2,518.27. The above observations make me that the market will inevitably achieve 2,238.74 level. P.S The term oversold refers to a condition where an asset has...
Please, check our technical outlook for GBPUSD. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 1.291. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.287 level soon. P.S We determine oversold/overbought...
Here is our detailed technical review for GBPJPY. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 197.624. Considering the today's price action, probabilities will be high to see a movement to 191.203. P.S Overbought describes a period of time where there...
Take a look at our analysis for DXY. Time Frame: 3h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 103.924. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way...
Here is our detailed technical review for EURCAD. Time Frame: 1h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 1.513. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 1.509 level. P.S We...
Take a look at our analysis for NZDCAD. Time Frame: 1h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 0.833. The above observations make me that the market will inevitably achieve 0.830 level. P.S Overbought describes a period of time where there has been a...