Here is our detailed technical review for SPX500. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 5,976.37. Considering the today's price action, probabilities will be high to see a movement to 6,081.10. P.S Please, note that an oversold/overbought condition...
Take a look at our analysis for SILVER. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 31.579. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 33.065 level. P.S The term oversold refers to a condition...
Please, check our technical outlook for NZDJPY. Time Frame: 5h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 86.948. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 86.145 level. P.S We...
Here is our detailed technical review for AUDJPY. Time Frame: 5h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 96.297. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 95.036...
Here is our detailed technical review for GBPJPY. Time Frame: 5h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 190.722. Considering the today's price action, probabilities will be high to see a movement to 191.990. P.S We determine oversold/overbought condition with RSI...
Take a look at our analysis for NAS100USD. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 21,154.9. The above observations make me that the market will inevitably achieve 20,542.8 level. P.S Please, note that an oversold/overbought condition can...
Please, check our technical outlook 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 2,801.13. Taking into consideration the structure & trend analysis, I believe that the market will reach 2,788.28 level soon. P.S The term oversold refers to a...
Take a look at our analysis for AUDCAD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 0.901. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 0.913 level. P.S Overbought describes a period of time where...
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 on a crucial zone of demand 108.497. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 109.050 level. P.S Please, note that an...
Here is our detailed technical review for USDJPY. Time Frame: 1h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 155.154. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 154.683...
Take a look at our analysis for ETHUSD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 3,242.43. The above observations make me that the market will inevitably achieve 3,718.98 level. P.S We determine oversold/overbought condition with RSI...
Please, check our technical outlook 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 1.239. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.242 level soon. P.S Overbought describes a period of time...
Here is our detailed technical review for EURAUD. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 1.667. Considering the today's price action, probabilities will be high to see a movement to 1.672. P.S Please, note that an oversold/overbought condition can...
Here is our detailed technical review for USDCAD. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 1.438. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 1.450 level. P.S The term oversold...
Take a look at our analysis for US30. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 45,015.5. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 46,667.3 level. P.S The term oversold refers to a condition...
Please, check our technical outlook for USOIL. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 72.49. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 74.21 level. P.S We determine...
Here is our detailed technical review for GBPJPY. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 191.954. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 192.882 level. P.S Overbought...
Take a look at our analysis for GBPAUD. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 1.994. The above observations make me that the market will inevitably achieve 1.958 level. P.S Please, note that an oversold/overbought condition can last for a...