Hey Traders, in the coming week we are monitoring EURGBP for a selling opportunity around 0.86000 zone, EURGBP is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.86000 support and resistance area. Trade safe, Joe.
This past week I flipped to Bearish on GU. But as we came into Tuesday they decided to pull back on the price. This week I'm and surely going in Bearish. This is a premium set up for a nice swing to the down side.
We've been projecting btc to correct to at least the 200day moving average ema 12 crossed the signal line and i'm expecting EMA 26 to do the same causing btc to break through this neckline! Be Careful Bulls. We see you on the weekly and know you're there, the bears just have one last push it seems!
Hey Traders, in the coming week we are monitoring AUDUSD for a selling opportunity around 0.66500 zone, AUDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.66500 support and resistance area. Trade safe, Joe.
Hello,Friends! NZD/USD is making a bullish rebound on the 1H TF and is nearing the resistance line above while we are generally bearish biased on the pair due to our previous 1W candle analysis, thus making a trend-following short a good option for us with the target being the 0.610 level. ✅LIKE AND COMMENT MY IDEAS✅
Please, check our technical outlook for EURNZD. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 1.780. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 1.767 level. P.S We...
Please, check our technical outlook for DXY. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 103.332. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 100.205...
Hello,Traders! AUD-CAD went up to Retest the horizontal Resistance of 0.8895 So I am locally bearish Biased and I will be Expecting a local Bearish correction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
With the help of the Elliot wave theory and use of fibbonacci levels there is a potentiall downside for some years. It will potentially play out in a doubble zigzag hitting the same pricelevel. If this plays out there is a chance for the price finding support att the 0.7 fib and creating a double bottom, leading to a big reversal and increase of value for BTC/USD.
While I've Done Very Well with Longing Perp and have Longer Term Price Targets Above $20 I see a Correction on the Daily coming For Sure. We have a Huge Head and Shoulders Forming With THE MACD Calling a Sell Signal During the Formation of the Right Shoulder, These are big warning Sign Don't Let Volume Fool You This is Typical To Head and Shoulders as Sellers are...
On the Day Chart we have a Descending Triangle Forming. With the Price Target Aligning Well with the 200 Day MA At 33,000. I'd Expect This Being a Quick Correction As We've Had a Golden Cross on the Weekly Which Can take a Couple Weeks to Really Take Effect, So i'm expecting this to be the last down draw Don't be psyched out this is crypto! We also have the...
Moving Averages Have Crossed Moving Downward and are still going down with no look to be curving back up showing bears have stregnth on that note. The Macd suggested we have a bit of downward momentum coming still We have Buyers Volume Dropping out With Selling Volume Coming in Heavy
We posted a few hours ago a chart to show why we think the dxy will be bullish over the next few weeks. This can be a great opportunity to short an asset showing weakness against the dollar, such as the pound. GDP/USD in a perfect rising wedge where each higher high is increasingly marginal. The rounded top suggests lack of demand and when you couple this with...
Hello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price some time ago reached the buyer zone, which coincided with the support level, and a short time later EUR broke this level and rose a little higher. But then, the price turned around and fell to the support line, which is located inside the buyer zone. Next,...
Take a look at our analysis for US30USD. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 37679.9. Taking into consideration the structure & trend analysis, I believe that the market will reach 37164.4 level soon. P.S Please, note that an...
Please, check our technical outlook for EURGBP. Time Frame: 3h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 0.859. Considering the today's price action, probabilities will be high to see a movement to 0.857. P.S Overbought describes a period of time where there has been...
Take a look at our analysis for SILVER. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 24.591. Considering the today's price action, probabilities will be high to see a movement to 23.621. P.S The term oversold refers to a condition where an asset has...
Hi folks today I'm prepared for you Swiss Franc analytics. A few moments ago price declined to the resistance level, which coincided with the resistance zone, and at once bounced up and some time traded near. But soon, CHF started to decline and in a short time price fell until to trend line, thereby breaking 0.8695 and 0.8465 levels. After this, the price...