BUY EURUSDIn this coming week, we anticipate the weekly low to form on Monday, setting up a bullish move. Entry at 1.03270, targeting 1.04485 and 1.05701, with a stop loss at 1.02579. CPI and PPI data this week could drive volatility, but the current structure supports further upside.
Use proper risk management.
Best of luck to you all.
Buy
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ETHUSD Is Going Up! Long!
Here is our detailed technical review for ETHUSD.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 2,621.94.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 3,230.06 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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EURCAD Will Grow! Buy!
Take a look at our analysis for EURCAD.
Time Frame: 1h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 1.476.
The above observations make me that the market will inevitably achieve 1.480 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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USOIL BULLS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
We are going long on the USOIL with the target of 75.15 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band. However, we should use low risk here because the 1W TF is red and gives us a counter-signal.
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CHF/JPY SENDS CLEAR BULLISH SIGNALS|LONG
Hello, Friends!
CHF/JPY is making a bearish pullback on the 9H TF and is nearing the support line below while we are generally bullish biased on the pair due to our previous 1W candle analysis, thus making a trend-following long a good option for us with the target being the 169.146 level.
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WRB RotationTesting a few technical indicators during a cyclical rotation here:
- Volume Profile
-- 50 day lookback "Quarterly PoC" | Price is at PoC
-- 100 day lookback "Power PoC" | Price is at PoC
-- PoC Price | Blue = Long
- 200 Day Moving Average
- provides baseline for Long/Short basis | Price > MA = Longs
- Volatility Radar
-- highlighted background indicates:
--- compressed volatility | Entry Allowed
--- trend intensity is showing a "weakening" bearish trend | Mixed on Direction
- 50 Day Moving Average
-- used as the ultimate exit after price goes above it
Good Luck!
BITCOIN Will Go Up! Long!
Take a look at our analysis for BITCOIN.
Time Frame: 12h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 97,355.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 102,137 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.
Like and subscribe and comment my ideas if you enjoy them!
USDJPY Is Nearing The Uptrend Combined With The Daily Support!Hey Traders, in today's trading session we are monitoring USDJPY for a buying opportunity around 151.500 zone, USDJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 151.500 support and resistance area.
Trade safe, Joe.
AFRM Affirm Holdings Options Ahead of EarningsIf you haven`t sold AFRM before the previous earnings:
Now analyzing the options chain and the chart patterns of AFRM Affirm Holdings prior to the earnings report this week,
I would consider purchasing the 75usd strike price Calls with
an expiration date of 2025-4-17,
for a premium of approximately $3.70.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
AMZN Amazon Options Ahead of EarningsIf you haven`t bought AMZN before the previos earnings:
Now analyzing the options chain and the chart patterns of AMZN Amazon prior to the earnings report this week,
I would consider purchasing the 240usd strike price Calls with
an expiration date of 2025-2-7,
for a premium of approximately $6.40.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
USOIL Is Going Up! Buy!
Please, check our technical outlook for USOIL.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 72.211.
Taking into consideration the structure & trend analysis, I believe that the market will reach 74.793 level soon.
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.
Like and subscribe and comment my ideas if you enjoy them!
EURJPY Will Grow! Long!
Here is our detailed technical review for EURJPY.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 158.366.
Considering the today's price action, probabilities will be high to see a movement to 161.846.
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.
Like and subscribe and comment my ideas if you enjoy them!
GBPJPY Will Go Higher From Support! Buy!
Take a look at our analysis for GBPJPY.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 190.245.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 193.925 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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USOIL LONG FROM SUPPORT
Hello, Friends!
We are going long on the USOIL with the target of 75.80 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band. However, we should use low risk here because the 1W TF is red and gives us a counter-signal.
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GBP/JPY SENDS CLEAR BULLISH SIGNALS|LONG
Hello, Friends!
It makes sense for us to go long on GBP/JPY right now from the support line below with the target of 193.736 because of the confluence of the two strong factors which are the general uptrend on the previous 1W candle and the oversold situation on the lower TF determined by it’s proximity to the lower BB band.
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