USDJPY Will Move Higher! Buy!
Please, check our technical outlook for USDJPY.
Time Frame: 15m
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 153.579.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 153.895 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.
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Buy
GBPCAD Is Bullish! Long!
Here is our detailed technical review for GBPCAD.
Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 1.796.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 1.800 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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XAUUSD 15/12/24Coming into this week, we are observing a clear shift in market bias that occurred at the end of last week, transitioning from bearish to bullish. After running the highs and selling off, we are now looking to run the lows and then buy back into the same highs. This setup could shape up to be a strong week for longs in gold, potentially leading to a clean bull run as Christmas approaches and the market slows down.
Based on the content shown on our charts, we can see there was "money out" within our supply zone, which triggered the previous downward shift. Now, we are looking for "money in" within our entry timeframe, which is the 15-minute chart. Watch for a clear entry around the lows. Additionally, there is liquidity above the current highs, which could fuel the next upside move.
Trade safely and stick to your plan.
EURUSD 15/12/24Starting this week the same way we always do—with our markup on EU. Following last week’s chart, we still maintain our bearish bias. This week, we’re focusing on the highs once again as a potential sell entry zone. As you can see on our chart, all key points are clearly marked, highlighting areas to aim for and areas to sell from.
Last week, we identified a money-out area, and price reacted perfectly to this zone, aligning with our bias as it has consistently for over a month now!
Don’t expect the market to shift its bias unless it provides a very clear reason to do so. For now, we remain patient and wait for potential entry opportunities.
Stick to your plan and always follow your risk management.
Razor's Edge GalaHello guys
This coin is in a range of almost 300%.
Due to its sharp movement to the ceiling of the range, we saw a small correction.
Now, if it can break its suffering from this point, it can be validly bought in case of failure, but according to the market conditions and the conditions of this currency, we expect it to make further corrections and we can buy a step.
The first step is the half-fibonacci point and the second step is the drawn support.
If you like this analysis, I will be happy to give us energy with your support.
Good profit is coming!!!Hello friends
This coin has been in a large trading range for a long time.
Now that it is almost the floor of the trading range and the upward movement can be started, you can buy up to the goals we specified for you.
Note that this coin has been suffering for a long time and has not grown much even in the rise of the crypto market, and this can be a positive point...
We will be happy if you give us energy with likes and comments.
Smart Shoppinghello guys
This coin belongs to PSG club.
After its long-term downward trend and after several attempts to break the resistance in front of it, this coin has now been able to break the resistance and give us signs of the trend turning.
Note that this coin has a lot of potential and considering its price, it makes sense to buy it.
We will be happy if you give us energy with likes and comments.
Price Floor!!!hello friends
This coin belongs to Lazio club.
Now it is at its lowest point and has moved away from its support floor, which it has hit twice before, and it can be expected that it will continue to grow even now, according to the chart, until the goals we specified.
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GBPCHF Potential UpsidesHey Traders, in tomorrow's trading session we are monitoring GBPCHF for a buying opportunity around 1.12200 zone, GBPCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.12200 support and resistance area.
Trade safe, Joe.
Gold Is Approaching An Important SupportHey Traders, in today's trading session we are monitoring XAUUSD for a buying opportunity around 2635 zone, Gold is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 2635 support and resistance area.
Trade safe, Joe.
VINU Vita Inu - New Meme Coin with real world utilityVINU Vita Inu is a groundbreaking memecoin setting new standards with zero fees and smart contracts.
Unlike its counterparts, VINU combines real-world utility with exceptional efficiency. With instant settlement and the highest energy efficiency in the market, VINU operates without the burden of transaction fees.
Remarkably, VINU's entire coin supply is already in circulation, ensuring no further dilution. This streamlined approach supports a market capitalization of just $14.5 million, positioning VINU as a nimble and potentially high-growth opportunity in the evolving crypto landscape.
Is DXY Heading Above Previous High?Hey Traders, in today's trading session we are monitoring DXY for a buying opportunity around 106.800 zone, DXY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 106.800 support and resistance area.
Trade safe, Joe.
USDCHF Is Nearing An Important Support With CHF WeaknessHey Traders, in today's trading session we are monitoring USDCHF for a buying opportunity around 0.88650 zone, USDCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.88650 support and resistance area.
Trade safe, Jie.
Gold is nearing the retrace area.Hey Traders, In today's session we’re closely monitoring Gold for a potential buying opportunity around the 2655 zone. The price has broken through the 2655 resistance and is now in a corrective phase, approaching a key retracement area.
Stay vigilant and trade wisely!
– Joe
USDJPY BUY | Idea Trading AnalysisUSDJPY is falling towards a support level which is a pullback support and could bounce from this level to our take profit.
We expect a decline in the channel after testing the current level which suggests that the price will continue to rise
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great BUY opportunity USDJPY
I still did my best and this is the most likely count for me at the moment.
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