LONG
AUDUSD What Next? BUY!
My dear followers,
I analysed this chart on AUDUSD and concluded the following:
The market is trading on 0.6361 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 0.6376
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
DXY Will Go Up From Support! Long!
Please, check our technical outlook for DXY.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 106.618.
Considering the today's price action, probabilities will be high to see a movement to 107.382.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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ETHUSD Will Go Higher! Buy!
Here is our detailed technical review for ETHUSD.
Time Frame: 6h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 2,680.76.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 2,828.54 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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AUDJPY Will Go Up! Long!
Take a look at our analysis for AUDJPY.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 95.281.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 97.336 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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AUDCAD Will Move Higher! Buy!
Please, check our technical outlook for AUDCAD.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 0.904.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 0.913 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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GBPUSD Is Very Bullish! Buy!
Take a look at our analysis for GBPUSD.
Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 1.263.
Taking into consideration the structure & trend analysis, I believe that the market will reach 1.267 level soon.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Like and subscribe and comment my ideas if you enjoy them!
USOIL LONG FROM SUPPORT
Hello, Friends!
The BB lower band is nearby so USOIL is in the oversold territory. Thus, despite the downtrend on the 1W timeframe I think that we will see a bullish reaction from the support line below and a move up towards the target at around 73.00.
✅LIKE AND COMMENT MY IDEAS✅
CAD/JPY SENDS CLEAR BULLISH SIGNALS|LONG
Hello, Friends!
CAD-JPY downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 108.562 area still presents a good opportunity for us to buy the pair because the support line is nearby and the BB lower band is close which indicates the oversold state of the CAD/JPY pair.
✅LIKE AND COMMENT MY IDEAS✅
AUD/JPY BULLS ARE GAINING STRENGTH|LONG
Hello, Friends!
AUD/JPY pair is in the downtrend because previous week’s candle is red, while the price is obviously falling on the 9H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 97.092 because the pair oversold due to its proximity to the lower BB band and a bullish correction is likely.
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Price Action Analysis: Key Levels and Future ScenariosAfter analyzing multiple timeframes, we can see that the price managed to rise to 150.738 on Friday, 21st of February. However, after encountering resistance, it reversed and broke the support level at 149.568.
Additionally, the price has been trading within a channel since Monday, 23rd of December 2024, consistently respecting the lower boundary of the channel four times in the past. The previous support at 149.568 has now turned into a resistance level.
Given the price’s historical respect for the channel, we expect it to follow the same pattern. If the price breaks above the fresh resistance at 149.568, the next target will be 152.000. On the other hand, if the price fails to break this resistance, the next support level lies at 147.208.
For the long run, ensure you follow proper risk management strategies. Happy trading!
SPY: Market of Buyers
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the SPY pair price action which suggests a high likelihood of a coming move up.
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BTCUSD Will Explode! BUY!
My dear friends,
BTCUSD looks like it will make a good move, and here are the details:
The market is trading on 95647 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 96896
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
US100 Is Bullish! Long!
Here is our detailed technical review for US100.
Time Frame: 12h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 21,588.3.
The above observations make me that the market will inevitably achieve 22,205.6 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
Like and subscribe and comment my ideas if you enjoy them!
NZD/JPY BULLISH BIAS RIGHT NOW| LONG
Hello, Friends!
We are going long on the NZD/JPY with the target of 88.496 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✅
TESLA Expected Growth! BUY!
My dear followers,
I analysed this chart on TESLA and concluded the following:
The market is trading on 337.50 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 382.40
Safe Stop Loss - 313.62
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
SPY On The Rise! BUY!
My dear friends,
My technical analysis for SPY is below:
The market is trading on 599.97 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 605.39
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK