EURUSD: Support & Resistance Analysis For Next Week 🇪🇺🇺🇸
Here is my latest structure analysis
and important supports and resistances for EURUSD
for next week.
Consider these structures for pullback/breakout trading.
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Trading
AUD_CHF ELEGANT SHORT|
✅AUD_CHF went up to retest
A horizontal resistance level of 0.5358
Which makes me locally bearish biased
And I think that a move down
From the level is to be expected
Towards the target below at 0.5330
SHORT🔥
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CHF-JPY Correction Ahead! Sell!
Hello,Traders!
CHF-JPY will soon hit a
Horizontal resistance
Of 176.500 and as the
Pair is overbought we
Will be expecting a bearish
Correction next week
Sell!
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Check out other forecasts below too!
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AUD_JPY BULLISH BREAKOUT|LONG|
✅AUD_JPY is trading in a
Local uptrend and the pair
Broke the key horizontal level
Of 93.866 and the breakout is
Confirmed so we will be
Expecting a further
Bullish move up on Monday
LONG🚀
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NZD-JPY Will Go Down! Sell!
Hello,Traders!
NZD-JPY keeps growing
But will soon hit a horizontal
Resistance of 87.730 and as
The pair is locally overbought
So after the retest we will
Be expecting a local
Bearish correction
Sell!
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CAD_JPY SHORT FROM RESISTANCE|
✅CAD_JPY has been growing recently
And the pair seems locally overbought
So as the pair is approaching a horizontal resistance of 106.269
Price decline is to be expected
SHORT🔥
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GBP-AUD Local Long! Buy!
Hello,Traders!
GBP-AUD will soon hit
A horizontal support
Of 2.0780 and as it is
A strong level we will
Be expecting a bullish
Rebound and a move up
Buy!
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Check out other forecasts below too!
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USOIL: Strong Bullish Sentiment! Long!
My dear friends,
Today we will analyse USOIL together☺️
The recent price action suggests a shift in mid-term momentum. A break above the current local range around 64.706 will confirm the new direction upwards with the target being the next key level of 65.295. and a reconvened placement of a stop-loss beyond the range.
❤️Sending you lots of Love and Hugs❤️
NG1!: Bears Are Winning! Short!
My dear friends,
Today we will analyse NG1! together☺️
The in-trend continuation seems likely as the current long-term trend appears to be strong, and price is holding below a key level of 3.775 So a bearish continuation seems plausible, targeting the next low. We should enter on confirmation, and place a stop-loss beyond the recent swing level.
❤️Sending you lots of Love and Hugs❤️
NI225: Next Move Is Up! Long!
My dear friends,
Today we will analyse NI225 together☺️
The market is at an inflection zone and price has now reached an area around 37,698.86 where previous reversals or breakouts have occurred.And a price reaction that we are seeing on multiple timeframes here could signal the next move up so we can enter on confirmation, and target the next key level of 37,589.11.Stop-loss is recommended beyond the inflection zone.
❤️Sending you lots of Love and Hugs❤️
SILVER Set To Fall! SELL!
My dear friends,
Please, find my technical outlook for SILVER below:
The price is coiling around a solid key level - 35.598
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 34.911
Safe Stop Loss - 36.515
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
QQQ Will Collapse! SELL!
My dear friends,
QQQ looks like it will make a good move, and here are the details:
The market is trading on 529.85 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 521.53
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
NZDCHF Technical Analysis! SELL!
My dear followers,
This is my opinion on the NZDCHF next move:
The asset is approaching an important pivot point 0.4957
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 0.4947
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
USDCAD Will Explode! BUY!
My dear followers,
This is my opinion on the USDCAD next move:
The asset is approaching an important pivot point 1.3654
Bias - Bullish
Safe Stop Loss - 1.3603
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 1.3751
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
TESLA Massive Short! SELL!
My dear friends,
Please, find my technical outlook for TESLA below:
The instrument tests an important psychological level 345.78
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 308.21
Recommended Stop Loss - 364.73
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
USOIL Will Go Up! Long!
Here is our detailed technical review for USOIL.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 61.359.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 64.395 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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USDJPY: Bullish Outlook For Next Week Explained 🇺🇸🇯🇵
USDJPY completed a consolidation, violating
a resistance line of a horizontal range on a 4H time frame.
I believe that it provides a strong bullish confirmation signal.
The price will most likely go up and reach 146.0 level next week.
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I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
AUDCHF Will Go Higher! Buy!
Here is our detailed technical review for AUDCHF.
Time Frame: 3h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 0.529.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 0.532 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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USOIL Will Go Higher From Support! Buy!
Take a look at our analysis 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 60.773.
Taking into consideration the structure & trend analysis, I believe that the market will reach 64.119 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.
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ETHUSD Is Going Down! Sell!
Here is our detailed technical review for ETHUSD.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 2,485.23.
The above observations make me that the market will inevitably achieve 2,013.51 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.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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AUDUSD Will Fall! Short!
Take a look at our analysis for AUDUSD.
Time Frame: 5h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is testing a major horizontal structure 0.649.
Taking into consideration the structure & trend analysis, I believe that the market will reach 0.645 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.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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CHFJPY Will Go Lower From Resistance! Sell!
Please, check our technical outlook for CHFJPY.
Time Frame: 3h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 176.079.
Considering the today's price action, probabilities will be high to see a movement to 175.442.
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.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!