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Tecnhicalanalysis

CAD/JPY BULLS WILL DOMINATE THE MARKET|LONG Hello, Friends! We are now examining the CAD/JPY pair and we can see that the pair is going down locally while also being in a downtrend on the 1W TF. But there is also a powerful signal from the BB lower band being nearby indicating that the pair is oversold so we can go long from the support line below and a target at 111.487 level. ✅LIKE AND COMMENT MY IDEAS✅

Long

by EliteTradingSignals

NZD/JPY SENDS CLEAR BULLISH SIGNALS|LONG Hello, Friends! The BB lower band is nearby so NZD-JPY is in the oversold territory. Thus, despite the downtrend on the 1W timeframe I think that we will see a bullish reaction from the support line below and a move up towards the target at around 91.996. ✅LIKE AND COMMENT MY IDEAS✅

Long

by EliteTradingSignals

CHF/JPY BULLS ARE GAINING STRENGTH|LONG Hello, Friends! Previous week’s red candle means that for us the CHF/JPY pair is in the downtrend. And the current movement leg was also down but the support line will be hit soon and lower BB band proximity will signal an oversold condition so we will go for a counter-trend long trade with the target being at 176.198. ✅LIKE AND COMMENT MY IDEAS✅

Long

by EliteTradingSignals

GOLD BUYERS WILL DOMINATE THE MARKET|LONG Hello, Friends! GOLD downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 2,674.971 area still presents a good opportunity for us to buy the pair because the support line is nearby and the BB lower band is close which indicates the oversold state of the GOLD pair. ✅LIKE AND COMMENT MY IDEAS✅

Long

by EliteTradingSignals

GBP/CAD BULLISH BIAS RIGHT NOW| LONG Hello, Friends! GBP/CAD pair is in the downtrend because previous week’s candle is red, while the price is clearly falling on the 1D timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 1.806 because the pair oversold due to its proximity to the lower BB band and a bullish correction is likely. ✅LIKE AND COMMENT MY IDEAS✅

Long

by EliteTradingSignals

GBP/AUD BEST PLACE TO BUY FROM|LONG Hello, Friends! GBP/AUD pair is trading in a local uptrend which know by looking at the previous 1W candle which is green. On the 2H timeframe the pair is going down. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 1.957 area. ✅LIKE AND COMMENT MY IDEAS✅

Long

by EliteTradingSignals

NG1! SHORT FROM RESISTANCE Hello, Friends! We are now examining the NG1! pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 2.135 level. ✅LIKE AND COMMENT MY IDEAS✅

Short

by EliteTradingSignals

GBP/JPY BULLS WILL DOMINATE THE MARKET|LONG Hello, Friends! The BB lower band is nearby so GBP-JPY is in the oversold territory. Thus, despite the downtrend on the 1W timeframe I think that we will see a bullish reaction from the support line below and a move up towards the target at around 198.888. ✅LIKE AND COMMENT MY IDEAS✅

Long

by EliteTradingSignals

USOIL Will Go Lower From Resistance! Short! Please, check our technical outlook for USOIL. Time Frame: 15m Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 66.952. Taking into consideration the structure & trend analysis, I believe that the market will reach 66.542 level soon. 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!

Short

by SignalProvider

GBP/CHF SENDS CLEAR BULLISH SIGNALS|LONG Hello, Friends! Previous week’s red candle means that for us the GBP/CHF pair is in the downtrend. And the current movement leg was also down but the support line will be hit soon and lower BB band proximity will signal an oversold condition so we will go for a counter-trend long trade with the target being at 1.133. ✅LIKE AND COMMENT MY IDEAS✅

Long

by EliteTradingSignals

EUR/NZD BEARS ARE GAINING STRENGTH|SHORT Hello, Friends! EUR-NZD uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 1.782 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the EUR/NZD pair. ✅LIKE AND COMMENT MY IDEAS✅

Short

by EliteTradingSignals

EUR/AUD BUYERS WILL DOMINATE THE MARKET|LONG Hello, Friends! EUR/AUD pair is in the uptrend because previous week’s candle is green, while the price is obviously falling on the 1H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 1.633 because the pair is oversold due to its proximity to the lower BB band and a bullish correction is likely. ✅LIKE AND COMMENT MY IDEAS✅

Long

by EliteTradingSignals

EUR/JPY BEST PLACE TO SELL FROM|SHORT Hello, Friends! We are going short on the EUR/JPY with the target of 163.437 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅

Short

by EliteTradingSignals

Updated

USOIL BULLISH BIAS RIGHT NOW| LONG Hello, Friends! USOIL pair is trading in a local uptrend which know by looking at the previous 1W candle which is green. On the 1H timeframe the pair is going down. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 68.98 area. ✅LIKE AND COMMENT MY IDEAS✅

Long

by EliteTradingSignals

EUR/CAD BEARS ARE STRONG HERE|SHORT Hello, Friends! We are now examining the EUR/CAD pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 1.472 level. ✅LIKE AND COMMENT MY IDEAS✅

Short

by EliteTradingSignals

USD/CHF SHORT FROM RESISTANCE Hello, Friends! The BB upper band is nearby so USD-CHF is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 0.876. ✅LIKE AND COMMENT MY IDEAS✅

Short

by EliteTradingSignals

AUD/USD SENDS CLEAR BULLISH SIGNALS|LONG Hello, Friends! AUD-USD downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 0.653 area still presents a good opportunity for us to buy the pair because the support line is nearby and the BB lower band is close which indicates the oversold state of the AUD/USD pair. ✅LIKE AND COMMENT MY IDEAS✅

Long

by EliteTradingSignals

NZD/USD BULLS ARE GAINING STRENGTH|LONG Hello, Friends! NZD/USD pair is in the downtrend because previous week’s candle is red, while the price is evidently falling on the 4H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 0.592 because the pair oversold due to its proximity to the lower BB band and a bullish correction is likely. ✅LIKE AND COMMENT MY IDEAS✅

Long

by EliteTradingSignals

USD/CAD SELLERS WILL DOMINATE THE MARKET|SHORT Hello, Friends! USD/CAD pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 2H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 1.396 area. ✅LIKE AND COMMENT MY IDEAS✅

Short

by EliteTradingSignals

GOLD BULLISH BIAS RIGHT NOW| LONG Hello, Friends! We are going long on the GOLD with the target of 2,783.207 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. ✅LIKE AND COMMENT MY IDEAS✅

Long

by EliteTradingSignals

GBP/USD BEST PLACE TO BUY FROM|LONG Hello, Friends! We are now examining the GBP/USD pair and we can see that the pair is going down locally while also being in a downtrend on the 1W TF. But there is also a powerful signal from the BB lower band being nearby indicating that the pair is oversold so we can go long from the support line below and a target at 1.287 level. ✅LIKE AND COMMENT MY IDEAS✅

Long

by EliteTradingSignals

USD/JPY BEARS ARE STRONG HERE|SHORT Hello, Friends! The BB upper band is nearby so USD-JPY is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 152.850. ✅LIKE AND COMMENT MY IDEAS✅

Short

by EliteTradingSignals

EUR/USD LONG FROM SUPPORT Hello, Friends! Previous week’s red candle means that for us the EUR/USD pair is in the downtrend. And the current movement leg was also down but the support line will be hit soon and lower BB band proximity will signal an oversold condition so we will go for a counter-trend long trade with the target being at 1.078. ✅LIKE AND COMMENT MY IDEAS✅

Long

by EliteTradingSignals

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