Here is our detailed technical review for GOLD. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 1926.808. 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...
Take a look at our analysis for AUDNZD. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 1.089. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 1.091 level. P.S Please, note that an...
Please, check our technical outlook for CADCHF. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 0.664. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 0.666 level. P.S The term oversold...
Take a look at CADCHF. The pair broke and closed above a key daily resistance last week. The price is currently consolidating with a narrow horizontal range, retesting the broken structure. Your intraday bullish confirmation to buy will be a bullish breakout of the resistance of the range. 4H candle close above 0.6643 will confirm the violation. A bullish...
UJ giving us the reverse of GJ which is a bullish swing range with an unmitigated POI at its base, as a whole iam seeing a clear bis and entry for this setup, now of course we might not het this tap in, if we clash with red folder news we might get a shift out lower so just keep in mind! As we start this week iam looking for a test of our swing high to take the...
Starting things off as we do a lot of the time with GJ We are sitting in a clear swing low range so we aim to see the low of this range taken out coming into next week but we do have a few highs above our current price, which tells us that we may have a shift higher into some of this liquid, as a whole iam not holding either our low or our high as a certainty...
Here is our detailed technical review for DXY. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 105.331. The above observations make me that the market will inevitably achieve 104.267 level. P.S We determine oversold/overbought condition with RSI...
Take a look at our analysis for USDCHF. Time Frame: 3h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 0.897. Taking into consideration the structure & trend analysis, I believe that the market will reach 0.894 level soon. P.S Overbought describes a period of time where...
Please, check our technical outlook for ETHUSD. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 1636.1. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 1691.4 level. P.S Please, note that an...
Here is our detailed technical review for GBPAUD. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 1.924. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 1.945 level. P.S The term oversold...
Take a look at our analysis for NZDCHF. Time Frame: 8h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 0.529. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 0.525 level. P.S We determine...
Please, check our technical outlook for VIX. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 12.81. The above observations make me that the market will inevitably achieve 13.44 level. P.S Overbought describes a period of time where there has been a...
Here is our detailed technical review for GOLD. Time Frame: 1h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 1916.659. Taking into consideration the structure & trend analysis, I believe that the market will reach 1911.047 level soon. P.S Please, note that an...
Take a look at our analysis for USDJPY. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 147.899. Considering the today's price action, probabilities will be high to see a movement to 151.002. P.S The term oversold refers to a condition where an asset has...
Please, check our technical outlook for CADJPY. Time Frame: 8h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 109.307. 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...
Dollar Index broke and closed above a key daily resistance. Such a violation will most likely trigger a further growth, because the market is trading in a bullish trend. I believe that the market will reach 105.3 level soon. ❤️Please, support my work with like, thank you!❤️
Hello,Traders! GBP-AUD was trading in an Uptrend along the rising Support line but then a Bearish breakout happened So I am bearish biased now And I think that we will see A move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Here is our detailed technical review for DXY. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 104.728. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 105.621 level. P.S Overbought describes a...