Hey Traders, in today’s trading session we are monitoring USDCAD for a buying opportunity around 1.34100 zone, USDCAD is trading in an uptrend and currently is in a correction phase in which t is approaching the trend at 1.34100 support and resistance area. Trade safe, Joe.
Hello,Friends! Bullish trend on EUR/USD, defined by the green colour of the last week candle combined with the fact the pair is oversold based on the BB lower band proximity, makes me expect a bullish rebound from the support line below and a retest of the local target above at 1.094. ✅LIKE AND COMMENT MY IDEAS✅
Please, check our technical outlook for CADJPY. Time Frame: 3h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 109.006. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 109.549 level. P.S Overbought describes...
Here is our detailed technical review for GBPUSD. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 1.276. Considering the today's price action, probabilities will be high to see a movement to 1.286. P.S Overbought describes a period of time where there has...
Here is our detailed technical review for SPX500USD. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 5149.7. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 5195.3 level. P.S Please, note...
Hello traders, let's dive into the gold market, XAUUSD, today! Gold is presently oscillating around the $2160 mark in the early trading hours of Wednesday. The metal faced a considerable downturn last night as news releases bolstered the US Dollar, thereby curbing XAUUSD's ascent. Chart analysis suggests a modest recovery for gold, finding support at $2153. Yet,...
Gold prices are hovering near record highs, reaching close to $2,200 USD/oz last Friday. The precious metal's momentum is pausing as investors await a pivotal US economic data release. The US Department of Labor is set to unveil the February CPI report on Tuesday (3/12). Economists surveyed by Dow Jones anticipate a 0.4% month-over-month increase in CPI for...
NEAR USDT TO $12 Long accumulation phase on daily timeframe that finally broke out. A move like this could have potentially a lot of upside. We saw the same with AVAX a few months ago, albeit on the weekly timeframe. And we played AVAX when it was under $10 to catch that megapump upwards of $40. NEAR could go a lot higher, with $12 just being the first...
✅EUR_USD went down to retest a horizontal support 1.276 Which makes me locally bullish biased And I think that a move up From the level is to be expected Towards the target above at 1.2825 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! AUD-JPY is trading along The rising support from Where we are already seeing A bullish rebound and I think That the pair will go further up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
BINANCE:XRPUSDT (1W CHART) Technical Analysis Update XRP is currently trading at $0.6642 and showing overall bullish sentiment after holding the support strong for more than an year. Price is respecting it's well established support zone and currently we can see price breaking out from the triangle pattern. This is a clear confirmation that xrp is finally...
Hey Traders, in today's trading session we are monitoring AUDCHF for a buying opportunity around 0.57850 zone, AUDCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.57850 support and resistance area. Trade safe, Joe.
Hello,Friends! We are going long on the NZD/JPY with the target of 91.889 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band.However, we should use low risk here because the 1W TF is red and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! AUD/JPY pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 6H timeframe the pair is going down too. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 97.574...
Hello,Friends! CAD/JPY pair is in the downtrend because previous week’s candle is red, while the price is obviously falling on the 8H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 110.076 because the pair oversold due to its proximity to the lower BB band and a bullish correction is...
Take a look at our analysis for DXY. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 102.682. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 103.938 level. P.S Please, note that an oversold/overbought...
BINANCE:SPELLUSDT next TP: $0.0026 ENTRY: ~$0.0017 This is part of a batched set of target posts. The objective is to provide entries and exits, so the writeup will be standardized. Suggested implementation strategy: Set a stop-limit order above the price if you're looking for a better entry so that if it runs unexpectedly, you'll not miss out.. Then...
Hello, dear friends. Today, USDJPY continues its unabated downtrend, currently positioned at 146.68, shedding 0.25% for the day. Expectations are mounting that the Fed may ease its tight policy stance in June, which has put pressure on the US Dollar, bringing the US Dollar Index down to 102.70 against a basket of six major currencies. Additionally, increasing...