Here is our detailed technical review for AUDCAD. Time Frame: 5h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 0.905. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 0.908 level. P.S We determine...
Please, check our technical outlook for GOLD. Time Frame: 3h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 2,317.874. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 2,341.697 level. P.S The term oversold refers to a...
Take a look at our analysis for SPX500USD. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 5,294.3. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 5,215.6...
I see a classic bullish pattern on EURUSD: a bullish flag. After a completion of a bullish impulse, the price started a correctional movement within. With a yesterday's bullish movement, the market managed to break and close above the resistance of the flag and set a new higher high higher close. For us, it is an important bullish signal. I think that the...
On montly we had an upmove without FVGs. The previous month showed some rejection, but stayed inside: This gives us potential for a rotation into the middle. The weekly chart is still confined in the big downwards candle and took the previous week low. The current day close is clearly below the previously mentioned weekly low. This move was carried by clear...
EURNZD is trading in a bearish trend on a daily. Currently, the price is testing a key horizontal support. Its breakout will be an important bearish signal for us. A daily candle close below 1.762 will confirm the violation. A bearish continuation will be expected at least to 1.7555 then. ❤️Please, support my work with like, thank you!❤️
Take a look at our analysis for GBPNZD. Time Frame: 10h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 2.074. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 2.082 level. P.S Overbought describes a...
Here is our detailed technical review for GBPCAD. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 1.736. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 1.744 level. P.S Please, note that an...
Please, check our technical outlook for GBPUSD. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 1.273. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 1.281 level. P.S Overbought describes a period of...
Here is our detailed technical review for USDCAD. Time Frame: 5h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 1.362. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.367 level soon. P.S The term oversold refers to a...
Take a look at our analysis for AUDUSD. Time Frame: 3h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 0.663. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 0.660 level. P.S Overbought...
Take a look at our analysis for USOIL. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 77.11. Considering the today's price action, probabilities will be high to see a movement to 79.91. P.S We determine oversold/overbought condition with RSI indicator. When...
Please, check our technical outlook for ETHUSD. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 3,770.2. The above observations make me that the market will inevitably achieve 3,568.9 level. P.S We determine oversold/overbought condition with RSI...
Take a look at our analysis for DXY. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 104.664. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 105.026 level. P.S The term oversold refers...
GBPJPY closed this week, approaching the year's high. Because the trend is strongly bullish, probabilities will be high that the market will keep going higher. Next week, wait for a bullish breakout of the underlined blue area. A daily candle close above 200.75 will confirm the violation. A bullish continuation will be expected then. ❤️Please, support my...
Hello,Traders! SILVER is going down To retest the strong Horizontal key level of 30.00$ Again and we are locally Bullish biased so we Will be expecting A bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Here is our detailed technical review for EURUSD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 1.084. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.098 level soon. P.S Overbought describes a period of...
Take a look at our analysis for CADCHF. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 0.664. Considering the today's price action, probabilities will be high to see a movement to 0.669. P.S Please, note that an oversold/overbought condition can last for a...