Here is our detailed technical review for SPX500USD. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 5,339.5. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 5,407.5 level. P.S Overbought...
Please, check our technical outlook for GBPJPY. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 200.139. 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...
Take a look at our analysis for EURUSD. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 1.076. Considering the today's price action, probabilities will be high to see a movement to 1.079. P.S The term oversold refers to a condition where an asset has traded...
Take a look at our analysis for GOLD. Time Frame: 8h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 2,306.082. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 2,255.530...
Here is our detailed technical review for BITCOIN. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 69,484. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 68,495 level. P.S The...
Here is our detailed technical review for NZDCAD. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 0.841. Taking into consideration the structure & trend analysis, I believe that the market will reach 0.845 level soon. P.S We determine oversold/overbought...
Please, check our technical outlook for EURAUD. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 1.641. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 1.645 level. P.S Please, note that an...
Take a look at our analysis for NZDUSD. Time Frame: 3h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 0.610. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 0.612 level. P.S We determine...
Please, check our technical outlook for EURCHF. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 0.968. The above observations make me that the market will inevitably achieve 0.965 level. P.S Overbought describes a period of time where there has been...
Take a look at our analysis for NAS100USD. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 19,001.1. Considering the today's price action, probabilities will be high to see a movement to 19,199.3. P.S Overbought describes a period of time where there has been...
Take a look at our analysis for DXY. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 104.346. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 105.651 level. 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 trading around a solid horizontal structure 105.175. The above observations make me that the market will inevitably achieve 106.475 level. P.S Overbought describes a period of time where there has been...
Please, check our technical outlook for GBPUSD. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 1.270. The above observations make me that the market will inevitably achieve 1.273 level. P.S The term oversold refers to a condition where an asset has...
The volume measures of now versus the past are at a height that is as high as when Bitcoin was at a previous all time high years ago. The main difference now versus then in case people have already forgotten is the fact that the halving means a difference in value for mining and the capacity to hold blocks, mine block, transact blocks. The current volumes are high...
Take a look at our analysis for USOIL. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 75.96. Considering the today's price action, probabilities will be high to see a movement to 74.80. P.S The term oversold refers to a condition where an asset has traded...
Here is our detailed technical review for US100. Time Frame: 8h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 19,056.1. Taking into consideration the structure & trend analysis, I believe that the market will reach 18,811.5 level soon. P.S Please, note that an...
Please, check our technical outlook for USDCHF. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 0.889. 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...
Here is our detailed technical review for AUDCAD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 0.911. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 0.919 level. P.S Overbought describes a...