US100 Is Bearish! Short!
Take a look at our analysis for US100.
Time Frame: 12h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 21,473.9.
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 the way down to 21,049.7 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.
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SELL
GBPUSD Is Very Bearish! Sell!
Please, check our technical outlook for GBPUSD.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 1.239.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 1.210 level.
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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NQ1! BEARS ARE STRONG HERE|SHORT
Hello, Friends!
NQ1! pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 1D timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 20,623.50 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.
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CAD/CHF SHORT FROM RESISTANCE
Hello, Friends!
CAD/CHF pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 6H timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 0.628 area.
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EURNZD Will Go Down From Resistance! Short!
Please, check our technical outlook for EURNZD.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is testing a major horizontal structure 1.824.
Taking into consideration the structure & trend analysis, I believe that the market will reach 1.804 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.
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EURUSD Will Move Lower! Short!
Please, check our technical outlook for EURUSD.
Time Frame: 1h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 1.038.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 1.035 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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AUD/CHF BEARS ARE GAINING STRENGTH|SHORT
Hello, Friends!
The BB upper band is nearby so AUD/CHF is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 0.564.
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AUDCAD Breakout And Potential RetraceHey Traders, in today's trading session we are monitoring AUDCAD for a selling opportunity around 0.90000 zone, AUDCAD was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.90000 support and resistance area.
Trade safe, Joe.
NZDCAD Breakout And Potential RetraceHey Traders, in today's trading session we are monitoring NZDCAD for a selling opportunity around 0.81250 zone, NZDCAD was trading in an uptrend and currently is in a correction phase in which it is approaching the retrace area at 0.81250 support and resistance area.
Trade safe, Joe.
CHFJPY: Bearish CHF and Potential DownsidesHey Traders, in today's trading session we are monitoring CHFJPY for a selling opportunity around 167.500 zone, CHFJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 167.500 support and resistance area.
Trade safe, Joe.
SILVER SELLERS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
Previous week’s green candle means that for us the SILVER pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 30.919.
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NZD/CHF BEARISH BIAS RIGHT NOW| SHORT
Hello, Friends!
NZD/CHF uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 0.511 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the NZD/CHF pair.
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GBP/AUD BEARS ARE STRONG HERE|SHORT
Hello, Friends!
GBP/AUD pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 1H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 1.973 area.
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EUR/NZD BEARS ARE GAINING STRENGTH|SHORT
Hello, Friends!
Bearish trend on EUR/NZD, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 1.831.
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GBP/NZD BEARS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
We are now examining the GBP/NZD pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 2.193 level.
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DXY Will Go Lower! Sell!
Here is our detailed technical review for DXY.
Time Frame: 12h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 107.703.
Considering the today's price action, probabilities will be high to see a movement to 106.459.
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.
Like and subscribe and comment my ideas if you enjoy them!
USDCAD Is Bearish! Sell!
Here is our detailed technical review for USDCAD.
Time Frame: 12h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 1.431.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 1.413 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.
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EURUSD Will Go Lower! Sell!
Take a look at our analysis for EURUSD.
Time Frame: 15m
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 1.041.
The above observations make me that the market will inevitably achieve 1.038 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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AFRM Affirm Holdings Options Ahead of EarningsIf you haven`t sold AFRM before the previous earnings:
Now analyzing the options chain and the chart patterns of AFRM Affirm Holdings prior to the earnings report this week,
I would consider purchasing the 75usd strike price Calls with
an expiration date of 2025-4-17,
for a premium of approximately $3.70.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
AMZN Amazon Options Ahead of EarningsIf you haven`t bought AMZN before the previos earnings:
Now analyzing the options chain and the chart patterns of AMZN Amazon prior to the earnings report this week,
I would consider purchasing the 240usd strike price Calls with
an expiration date of 2025-2-7,
for a premium of approximately $6.40.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Oh no! SHORT TERM BEARISH- BACK TO 116 AT LEAST. $NVDA SELL NOW!A dead cat bounce refers to a temporary, short-lived recovery in the price of a falling stock. The term comes from the notion that even a dead cat will bounce if it falls from a great height. It is also commonly used to describe any situation where something experiences a brief comeback during or after a significant decline. This phenomenon is sometimes called a "sucker rally."
- Breakdown of the rising wedge pattern.
- SMA 20 & 50 are coming down
- Tariff wars with China and other countries
- Deepseek Shock/ Tech Shocks aka Al Black Monday on
- High inflation (Fed NOT "in a hurry" to push more rate cuts)
- Volume is decresing while price is increasing too fast.
- NASDAQ:SOXX shows weakness
Hopefully, NVDA holds at $116. Otherwise, it might gap down to fill at $95.
Advise selling now and purchasing again at a lower price.