The indicators are giving strong buy signals and we're also oversold according to the RSI. Bearish momentum on the MACD is also slowing down which indicates that a reversal is coming.
Expect a move up, we've retraced already so get ready for the next push.
We've reached a resistance area and we're massively oversold on the RSI. Overall trend is still bearish so expect a correction to take place.
We're at a support level, and we're oversold on the RSI. Same principle as on the EURNZD pair. Expect a push up.
We're in a clear downtrend and we've hit the trendline, I expect it to drop back to the previous low.
EURNZD hitting support. We're massively oversold on RSI. I expect us to push all the way up.
We hit a good resistance and we're overbought according to the RSI.
Good scalping opportunity, we broke through the support and we're headed to the next support area.
EURAUD has reached a crticial area which has seen strong support in the past. I expect this support to be respected again. The RSI is also indicating that we're oversold and the VWAP indicates that the price is not reflecting the average volume based price. I expect to move up to the next fibonacci level. If we however do not respect the support and continue to go...
We've hit a strong resistance area, so far it seems to hold but with the recent market bulls pushing it to the upside it's possible for it to break the resistance. I've market where the price is going to go if the resistance area holds and vice versa. In my opinion I think we're going to drop considering how bad the economy is going to get and it's a strong resistance.
We broke resistance and pushed back and turned it into support. Next level is the previous highs which is near a fib level. Good short term long.
Resistance area hit and we're overbought on the RSI, clear sell. I have 2 tp's.
We're in a clear downtrend however the RSI is showing close oversold levels. Just wait for the retest and short at 10800.
The pound has not been strong lately, seeing that we're also under the 200 EMA and that support has been broken suggests a downtrend.
We're still in a downtrend, EMA's are confirming that and so is the MACD. RSI is not showing oversold and we're at a critical area. As they say, never trade against the trend.