Please, check our technical outlook for DXY. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 107.566. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 108.420 level. P.S Please, note that...
Here is our detailed technical review for USDCAD. Time Frame: 3h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 1.445. The above observations make me that the market will inevitably achieve 1.435 level. P.S The term oversold refers to a condition where an asset...
Take a look at our analysis for ETHUSD. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 2,224.8. Taking into consideration the structure & trend analysis, I believe that the market will reach 2,506.1 level soon. P.S We determine oversold/overbought...
Please, check our technical outlook for NZDUSD. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 0.559. Considering the today's price action, probabilities will be high to see a movement to 0.566. P.S Overbought describes a period of time where there has been...
Here is our detailed technical review for GBPUSD. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 1.257. 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...
Take a look at our analysis for US30. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 43,381.39. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 43,680.64 level. P.S The term oversold refers to...
Please, check our technical outlook for GOLD. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 2,863.303. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 2,902.672 level. P.S We determine...
Here is our detailed technical review for EURCAD. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 1.501. The above observations make me that the market will inevitably achieve 1.509 level. P.S Overbought describes a period of time where there has...
Take a look at our analysis for GBPJPY. Time Frame: 3h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 189.489. Taking into consideration the structure & trend analysis, I believe that the market will reach 188.370 level soon. P.S Please, note that an...
Please, check our technical outlook for DXY. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 106.184. Considering the today's price action, probabilities will be high to see a movement to 107.245. P.S The term oversold refers to a condition where an asset has...
Here is our detailed technical review for USOIL. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 69.17. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 75.12 level. P.S We determine oversold/overbought...
Take a look at our analysis for USDJPY. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 149.879. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 153.459 level. P.S Overbought describes a period...
Please, check our technical outlook for GBPUSD. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 1.267. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 1.272 level. P.S Please, note that...
Here is our detailed technical review for SPX500USD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 5,987.7. The above observations make me that the market will inevitably achieve 6,125.2 level. P.S The term oversold refers to a condition where an...
Take a look at our analysis for GOLD. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 2,912.567. Taking into consideration the structure & trend analysis, I believe that the market will reach 2,929.572 level soon. P.S We determine oversold/overbought...
Please, check our technical outlook for AUDUSD. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 0.632. Considering the today's price action, probabilities will be high to see a movement to 0.640. P.S Overbought describes a period of time where there has been...
Here is our detailed technical review for GBPNZD. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 2.217. 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...
Here is our detailed technical review for USDCHF. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 0.896. The above observations make me that the market will inevitably achieve 0.891 level. P.S Overbought describes a period of time where there has...