Get started

Forecast

SPX500USD Will Move Lower! Sell! Here is our detailed technical review for SPX500USD. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 5,735.3. Considering the today's price action, probabilities will be high to see a movement to 5,643.6. 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. Like and subscribe and comment my ideas if you enjoy them!
OANDA:SPX500USDShort
by SignalProvider
2
EURCAD Is Very Bullish! Long! Please, check our technical outlook for EURCAD. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 1.512. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 1.516 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!
Long
by SignalProvider
1
CHFJPY Will Go Higher! Buy! Take a look at our analysis for CHFJPY. Time Frame: 3h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 175.805. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 176.531 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. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
1
US30USD Will Fall! Sell! Take a look at our analysis for US30USD. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 42,066.9. The above observations make me that the market will inevitably achieve 41,539.1 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. Like and subscribe and comment my ideas if you enjoy them!
OANDA:US30USDShort
by SignalProvider
1
GOLD Will Go Higher From Support! Long! Please, check our technical outlook for GOLD. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 2,740.91. Taking into consideration the structure & trend analysis, I believe that the market will reach 2,791.34 level soon. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!
FXOPEN:XAUUSDLong
by SignalProvider
1
USDJPY Will Go Down From Resistance! Short! Here is our detailed technical review for USDJPY. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 151.684. Considering the today's price action, probabilities will be high to see a movement to 147.149. 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!
Short
by SignalProvider
1
What to do the week America votes?The dollar and the Euro depending on the future president of the USA. The most important week, both for the United States and the rest of the world, and also for the currency markets. The choice between Donald Trump and Kamala Harris is key for the future of the United States, as well as for the development of economies around the world. On November 5, 2024, Tuesday is the election in the USA. The election of Kamala will definitely not affect the dollar well, while the election of Trump would have a positive effect. But there is one very big BUT. In both elections, unrest is very likely to follow, which would adversely affect the United States. Thus, the "elections 2024" drama will not end with the final decision of the voters. Betting on Gold is much safer in these absolutely uncertain times. Even more so with the news that more and more millionaires are trying to leave the United States. After the employment data, this week, fundamentals will generally be left for later trading when the passions surrounding the election die down. Our advice is to choose gold instead of the dollar or euro. You can't go wrong with gold for medium to long term trading. This week, trading will start neutral in anticipation of the news surrounding the elections, but it is possible that individual players will be quite aggressive in the markets. The probability of very large trade turnovers is very high. In addition to the US election, on Tuesday you can watch the ECB's President Lagarde speech, as well as data on the ISM Services PMI (Oct). On Thursday after the election, pay attention to the Fed Interest Rate Decision, where a 25 basis point cut is expected. If everything around the election goes smoothly (although it is unlikely), then the expected lowering of interest rates in the United States will be the main driving event for the week.
by World-Signals