LONG
Euro can fall to support level and then start to move upHello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price fell to the seller zone, which coincided with the resistance level and at once rebounded up. Price in a short time rose to 1.1210 points and then turned around and started to decline inside the downward channel. In the channel, the price soon broke the 1.1085 level and then fell almost the support line of the channel, after which EUR bounced and continued to decline. Later Euro fell to the support level, which coincided with the support line of the downward channel with the buyer zone. After this, the price continued to decline and soon, broke the 1.0810 level and entered to buyer zone, after which turned around, and some time traded between support level. Last time, the price fell to the buyer zone and then rebounded up, thereby breaking the 1.0810 level again, and then exited from the channel too. At the moment, I think that Euro can correct to a support level and then start to grow. For this case, I set my TP at 1.0980 points. Please share this idea with your friends and click Boost 🚀
USDCAD Technical Analysis! BUY!
My dear subscribers,
This is my opinion on the USDCAD next move:
The instrument tests an important psychological level 1.3905
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 - 1.3914
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
AUDJPY Massive Long! BUY!
My dear friends,
AUDJPY looks like it will make a good move, and here are the details:
The market is trading on 99.857 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 100.37
Recommended Stop Loss - 99.563
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
HelenP. I Euro will make small correction and continue move upHi folks today I'm prepared for you Euro analytics.A few days ago price entered to consolidation, where it at once reached the top part and then dropped to the 1.1040 level, which coincided with the bottom part of the flat with the resistance zone. Then EUR tried to grow, but failed and fell to the resistance zone, after which turned around and in a short time backed up to range. Later price rose to the top part of the consolidation again, where then it reached the trend line and then started to decline. Euro exited from consolidation, breaking the 1.1040 level, and continued to decline. In a short time later, the price fell to the support level, which coincided with the support zone. Soon, the price broke this level and some time traded between, after which rebounded up, breaking the 1.0810 level with the trend line. To this day, the price continues to grow, so, I expect that EURUSD will make the small correction and then continue to grow next. So, that's why I set my goal at 1.0975 points. If you like my analytics you may support me with your like/comment ❤️
NZDJPY Will Explode! BUY!
My dear friends,
Please, find my technical outlook for NZDJPY below:
The instrument tests an important psychological level 91.135
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 - 91.469
Recommended Stop Loss - 90.960
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
BITCOIN Will Go Higher From Support! Buy!
Please, check our technical outlook for BITCOIN.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 70,210.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 74,252 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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CADJPY The Target Is UP! BUY!
My dear subscribers,
My technical analysis for CADJPY is below:
The price is coiling around a solid key level - 109.29
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 109.91
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
SILVER Sellers In Panic! BUY!
My dear followers,
I analysed this chart on SILVER and concluded the following:
The market is trading on 32.966 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 33.538
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
UPTOBER ENDS Bitcoins monthly close is behind us and it's an interesting one...
For most of the last day of the month BTC was above the previous monthly close high of $71,413.40. However, Bitcoin failed to close above that level coming up 1.67% short.
Despite this the monthly candle is very strong, historically October is a good performer hence the "UPTOBER" nickname and this time around was no exception with an +11% move. I said in a previous post that a retest of the '21 ATH @ $69,000 is possible and likely, in the last 8 months BTC has routinely rejected off this level with no acceptance above, just SFPs galore. This is the chance to retest and accept as new support. that would set up a move for ATH and above.
Q4 so far has been positive, we know that this month will be a strange one as the US election is in a few days and can sway markets so volatility can be expected. In the end I think the trajectory is new highs by the end of the year.
CAD/JPY BULLISH BIAS RIGHT NOW| LONG
Hello, Friends!
CAD/JPY pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 1H timeframe the pair is going down too. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 109.909 area.
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USDCAD Potential UpsidesHey Traders, in today's trading session we are monitoring USDCAD for a buying opportunity around USDCAD for a buying opportunity around 1.39200 zone, USDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.39200 support and resistance area.
Trade safe, Joe.
NASDAQ is Approaching An Important SupportHey Traders, in today's trading session we are monitoring NAS100 for a buying opportunity around 19600 zone, NASDAQ is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 19600 support and resistance area.
Trade safe, Joe.
ATOM | ALTCOINS to BUY | Good Coin, GREAT UPSIDE PotentialATOM is as of today NR 51 by market cap, meaning it's more likely to move independently from BTC. The higher coins by market cap, especially the top10, move more in correlation. I've done an extensive post on this HERE 👇:
Other Altcoins I have high hopes for in the NEAR term can be found here:
NOW is the ideal time to buy alts that are NOT trading in correlation with BTC, as they will be trading fairly low and can be bought at good entry prices. The worst thing is to try and catch a moving train , in other words trying to jump in at the top. Rather plan your trades and plan your entries - this way, you will minimize risk and maximize potential returns.
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COINBASE:ATOMUSD BINANCE:ATOMUSDT
EURUSD Trading Opportunity! BUY!
My dear followers,
This is my opinion on the EURUSD next move:
The asset is approaching an important pivot point 1.0777
Bias -Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 1.0797
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
GOLD - Price can little correct and then bounce up to $2825Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊
Not long ago, price bounced from $2665 support level and fell below it, after which it started to grow inside rising channel.
In channel, Gold broke $2665 level one more time and later rose to resistance line of channel, after which made little move down.
Then Gold rose to $2755 level, after which bounced down to support line of channel and then continued to grow.
Later price made a gap, after which fell back to support line and then bounced up, breaking $2755 level.
Price a little rose, after which it started to decline, so, in my opinion, Gold can little decline.
After this movement, price can turn around one more time and then start to grow to $2825 resistance line of channel.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
GOLD BULLS ARE GAINING STRENGTH|LONG
Hello, Friends!
GOLD is trending up which is obvious 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 classical trend following opportunity for a long trade from the support line below towards the supply level of 2,790.303.
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