Hello traders, I want share with you my opinion about Gold. Looking at the chart, we can see how the price some time ago exited from the buyer zone, broke the 1945 support level, and continued to rise. But soon, XAU turned around and started to decline to the buyer zone back. In a short time price fell to the support line, which is located in this zone, and at...
Hello traders, I want share with you my opinion about Ethereum. Observing the chart, we can see that the price some days ago started to trades inside the range, where it first made a correction to the 2185 support level, which coincided with the buyer zone. After this movement, ETH bounced from this level and rose to the top part of the range, which coincided with...
They got us good with that GBP new flipping to bullish for the session. Now looking for a break of the Monthly High before price could go bearish.
Here is our detailed technical review for NZDJPY. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 90.081. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 90.560 level. P.S We determine...
Take a look at our analysis for GOLD. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 2024.741. Taking into consideration the structure & trend analysis, I believe that the market will reach 2030.540 level soon. P.S Please, note that an oversold/overbought...
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 Some days ago price entered to rising channel, where it first declined to $40500 support level, which is located in support area. BTC some time traded near this area, after which it bounced and continued to rise to $45500 resistance level. A short time later...
Hello,Friends! CAD/CHF is trending up which is obvious from the green colour of the previous weekly candle. However, the price has locally plunged into the oversold territory. Which can be told from its proximity to the BB lower band. Which presents a classical trend following opportunity for a long trade from the support line below towards the supply level of...
SEI is a project that I have a lot of interest in this bullrun. It boasts the fasted blockchain in the industry and a focus on trading. A v2 upgrade is also on the way, SEI v2 will become the first parallelized EVM blockchain. Staking incentives too with possible airdrops on the network. SEI's price has increased 250% in the last month and the chart suggests a...
RLPUSDT discovered solid support at the 78.6% Fibonacci retracement level, marking a precise bounce. The breakout from the wedge pattern signals strong bullish intent. The current pullback could offer an excellent buying opportunity, boasting a promising risk/reward setup. A target at the 261.8% Fibonacci resistance level suggests the potential for a remarkable...
Hello Traders! I see a confirmation of the market structure changes on M15 AUDJY. I Will execute a short trade as I expect a bearish move until the BOSS. Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective. ____________________________________ Follow, like, and...
AMEX:XBI is giving long term buy signals as the chart displays. Super trend signals a buy, also MACD and KST crossovers confirm trend direction. XBI is a somewhat volatile bio-tech ETF. This ETF is also great for selling options on when volatility is high, as the premium you receive is often much higher than employing the strategy on SPY. Here...
In today's trading session, our attention is on AUDNZD, with a keen interest in a buying opportunity around the 1.07900 zone. Having broken out of a downtrend, the pair is currently in a correction phase, edging closer to the retrace area at 1.07800 support and resistance. A potential target could be the monthly resistance at 1.08700. Now, delving into the...
In today's trading session, our focus is on GBPNZD, where we are eyeing a buying opportunity around the 2.08000 zone. GBPNZD is currently traversing an ascending channel and is in a correction phase, approaching the channel support at 2.08000. Adding a fundamental layer to our analysis, recent Consumer Price Index (CPI) data indicates a trend of softening...
Hello traders, I want share with you my opinion about Euro. By observing the chart, we can see that the EUR a few days ago rising inside the upward channel, where it even made a fake breakout, but after this price turned around and made an impulse up to the 1.0785 support level. After this, the Euro broke this level, thereby exiting from the channel and started to...
Hello traders, I want share with you my opinion about Ripple. Looking at the chart, we can see how the price a not long time ago traded near the 0.5800 resistance level, which coincided with the seller zone, and soon reached this level and later broke it too. After this, Ripple rose to 0.6240 points and then started to decline inside the downward channel, where it...
Please, check our technical outlook for SILVER. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 22.011. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 22.844 level. P.S Please, note that...
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