USDCAD Is Approaching The Weekly SupportHey Traders, in the coming week we are monitoring USDCAD for a buying opportunity around 1.34000 zone, USDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.34000 support and resistance area.
Trade safe, Joe.
LONG
NAS100 Will Go Up From Support! Buy!
Here is our detailed technical review for NAS100.
Time Frame: 6h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 19,686.22.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 20,203.91 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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USDCHF Will Go Higher! Long!
Take a look at our analysis for USDCHF.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 0.846.
The above observations make me that the market will inevitably achieve 0.859 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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EUR/JPY BEST PLACE TO BUY FROM|LONG
Hello, Friends!
EUR/JPY is making a bearish pullback on the 1H TF and is nearing the support line below while we are generally bullish biased on the pair due to our previous 1W candle analysis, thus making a trend-following long a good option for us with the target being the 161.980 level.
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Gold Breakout And Potential RetraceHey Traders, in today's trading session we are monitoring XAUUSD for a buying opportunity around 2500 zone, Gold was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 2500 support and resistance area.
Trade safe, Joe.
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AUDCAD Bullish Stocks And Potential UpsidesHey Traders, in the coming week we are monitoring AUDCAD for a buying opportunity around 0.91100 zone, AUDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.91100 support and resistance area.
We would also like to consider the positive correlation between stocks and AUDCAD, due to the bullish bias on indices AUDCAD has a decent tendency to rise.
Trade safe, Joe.
GOLD Sellers In Panic! BUY!
My dear subscribers,
GOLD looks like it will make a good move, and here are the details:
The market is trading on 2493.0 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 2503.9
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
NATGAS: Bullish Continuation is Highly Probable! Here is Why:
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the NATGAS pair which is likely to be pushed up by the bulls so we will buy!
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Looking bullish immediately on OXY.🔉Sound on!🔉
Thank you as always for watching my videos. I hope that you learned something very educational! Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose. Trading is very risky but it can change your life!
BITCOIN Will Go Up! Buy!
Please, check our technical outlook for BITCOIN.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 64,226.
Taking into consideration the structure & trend analysis, I believe that the market will reach 68,582 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.
Like and subscribe and comment my ideas if you enjoy them!
USDCAD Will Move Higher! Long!
Here is our detailed technical review for USDCAD.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 1.350.
Considering the today's price action, probabilities will be high to see a movement to 1.366.
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.
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EURCHF Is Bullish! Buy!
Take a look at our analysis for EURCHF.
Time Frame: 3h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 0.947.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 0.951 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.
Like and subscribe and comment my ideas if you enjoy them!
EUR/GBP BULLS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
EUR/GBP is trending up which is clear from the green colour of the previous weekly candle. However, the price has locally plunged into the oversold territory. Which can be told from its proximity to the BB lower band. Which presents a great trend following opportunity for a long trade from the support line below towards the supply level of 0.850.
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USDCHF My Opinion! BUY!
My dear subscribers,
My technical analysis for USDCHF is below:
The price is coiling around a solid key level - 0.8496
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 0.8597
My Stop Loss - 0.8437
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
USDCAD: Long Signal Explained
USDCAD
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long USDCAD
Entry Point - 1.3535
Stop Loss - 1.3474
Take Profit - 1.3660
Our Risk - 1%
Start protection of your profits from lower levels
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EURNZD: Bullish Continuation & Long Trad
EURNZD
- Classic bullish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Buy EURNZD
Entry - 1.8001
Stop - 1.7931
Take - 1.8140
Our Risk - 1%
Start protection of your profits from lower levels
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AUDNZD Set To Grow! BUY!
My dear subscribers,
This is my opinion on the AUDNZD next move:
The instrument tests an important psychological level 1.0921
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.0969
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK
EURCHF: Swing Trading & Technical Analysis
Balance of buyers and sellers on the EURCHF pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the buyers, therefore is it only natural that we go long on the pair.
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US100 Is Very Bullish! Long!
Please, check our technical outlook for US100.
Time Frame: 8h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 19,643.0.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 20,206.7 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.
Like and subscribe and comment my ideas if you enjoy them!
USOIL Is Going Up! Buy!
Here is our detailed technical review for USOIL.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 73.74.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 79.53 level.
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.
Like and subscribe and comment my ideas if you enjoy them!