Please, check our technical outlook for NAS100. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 18,411.4. Considering the today's price action, probabilities will be high to see a movement to 18,773.6. P.S We determine oversold/overbought condition with RSI...
Take a look at our analysis for BITCOIN. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 84,393.94. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the...
Take a look at our analysis for CHFJPY. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 171.221. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 169.475 level. P.S Please, note...
Please, check our technical outlook for CADJPY. Time Frame: 1h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 103.448. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 102.631...
Here is our detailed technical review for GOLD. Time Frame: 3h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 3,128.13. The above observations make me that the market will inevitably achieve 3,167.36 level. P.S We determine oversold/overbought condition with RSI...
Take a look at our analysis for EURUSD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 1.101. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.123 level soon. P.S Overbought describes a period of time where...
Please, check our technical outlook for USDJPY. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 146.824. Considering the today's price action, probabilities will be high to see a movement to 149.538. P.S Please, note that an oversold/overbought condition can...
Here is our detailed technical review 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 193.194. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 197.049 level. P.S The term oversold refers to a...
Here is our detailed technical review for USDCHF. Time Frame: 3h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 0.884. The above observations make me that the market will inevitably achieve 0.881 level. P.S Please, note that an oversold/overbought condition can...
Take a look at our analysis for DXY. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 104.207. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 102.727 level. P.S We determine...
Please, check our technical outlook for SILVER. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 3,378.2. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 3,425.6 level. P.S Overbought...
Take a look at our analysis for AUDUSD. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 0.630. Taking into consideration the structure & trend analysis, I believe that the market will reach 0.618 level soon. P.S The term oversold refers to a condition...
Here is our detailed technical review for GBPNZD. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 2.253. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 2.277 level. P.S Overbought describes a period of...
Please, check our technical outlook for USOIL. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 71.913. Considering the today's price action, probabilities will be high to see a movement to 73.911. P.S We determine oversold/overbought condition with RSI...
Here is our detailed technical review for EURUSD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 1.079. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 1.109 level. P.S Overbought describes a period of...
Take a look at our analysis for GBPJPY. Time Frame: 1h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 193.030. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 192.202 level. P.S Please, note...
Please, check our technical outlook for NZDCAD. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 0.816. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 0.813 level. P.S The...
Here is our detailed technical review for GOLD. Time Frame: 1h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 3,118.23. The above observations make me that the market will inevitably achieve 3,093.41 level. P.S We determine oversold/overbought condition with RSI...