HelenP. I Gold may continue to fall to support levelHi folks today I'm prepared for you Gold analytics. The trend line on this price chart has been acting as a clear descending dynamic resistance. Every attempt to break above it resulted in a rejection, which confirmed the sellers' dominance in this area. After several touches and a breakout through the trend line, the price managed to climb higher but failed to hold above the key resistance zone around 3360 - 3375 points. A visible price gap formed during this rise, followed by another gap closer to the resistance zone, which could now act as magnets for retracement. Currently, the market is pulling back after reaching that resistance area, and the short-term structure still shows signs of weakness. The price is forming lower highs, and bullish attempts are being met with selling pressure. Given the historical respect for the trend line and the reaction near the resistance zone, I expect a short-lived rise, followed by a continuation of the downward move. My goal is the 3205 support level, which aligns with the lower boundary of the current price structure and fills the imbalance left behind by previous gaps. That’s why I remain bearish and set my goal at this level. If you like my analytics you may support me with your like/comment ❤️
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Short
EURUSD Under Pressure! SELL!
My dear friends,
Please, find my technical outlook for EURUSD below:
The instrument tests an important psychological level 1.1348
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.1313
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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GBP/AUD SENDS CLEAR BEARISH SIGNALS|SHORT
Hello, Friends!
Previous week’s green candle means that for us the GBP/AUD 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 2.041.
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AUDJPY Trading Opportunity! SELL!
My dear subscribers,
This is my opinion on the AUDJPY next move:
The instrument tests an important psychological level 93.501
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 92.966
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.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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GBPJPY Technical Analysis! SELL!
My dear subscribers,
This is my opinion on the GBPJPY next move:
The instrument tests an important psychological level 195.61
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 193.94
My Stop Loss - 196.32
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.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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NZDJPY A Fall Expected! SELL!
My dear friends,
Please, find my technical outlook for NZDJPY below:
The price is coiling around a solid key level - 86.642
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 85.925
Safe Stop Loss - 87.013
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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GBPAUD: Short Trading Opportunity
GBPAUD
- Classic bearish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Sell GBPAUD
Entry - 2.1007
Stop - 2.1088
Take - 2.0850
Our Risk - 1%
Start protection of your profits from lower levels
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EURUSD Will Move Lower! Sell!
Please, check our technical outlook for EURUSD.
Time Frame: 4h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 1.133.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 1.124 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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GBPUSD Is Bearish! Short!
Here is our detailed technical review for GBPUSD.
Time Frame: 12h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 1.347.
The above observations make me that the market will inevitably achieve 1.325 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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GOLD - Price can exit from triangle and continue to fall nextHi guys, this is my overview for GOLD, feel free to check it and write your feedback in comments👊
Some days ago price traded inside a triangle, where it made a strong upward impulse from support line to resistance line.
Price broke $3185 and $3345 levels, after which it started to decline from resistance line, making gaps.
In a short time, Gold broke $3345 level again and fell to support line triangle, after which it exited from this pattern.
Next, price started to trade inside another triangle, which it broke the $3345 level two times and then dropped to the support area.
Later, Gold turned around and, in a short time, rose to the resistance area, but recently made a correction.
In my mind, Gold can exit from this triangle pattern and then continue to fall to $3220
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BITCOIN Will Fall! Short!
Here is our detailed technical review for BITCOIN.
Time Frame: 4h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 108,507.32.
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 105,553.71 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.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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AUDJPY Will Go Lower! Short!
Please, check our technical outlook for AUDJPY.
Time Frame: 2h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 93.565.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 92.996 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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USOIL SELLERS WILL DOMINATE THE MARKET|SHORT
USOIL SIGNAL
Trade Direction: short
Entry Level: 61.25
Target Level: 56.17
Stop Loss: 64.55
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 1D
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EUR/CAD BEARS ARE STRONG HERE|SHORT
Hello, Friends!
EUR/CAD pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 6H 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 1.554 area.
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GBPNZD Set To Fall! SELL!
My dear followers,
This is my opinion on the GBPNZD next move:
The asset is approaching an important pivot point 2.2732
Bias - Bearish
Safe Stop Loss - 2.2905
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 2.2594
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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GBPCHF My Opinion! SELL!
My dear friends,
My technical analysis for GBPCHF is below:
The market is trading on 1.1144 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.1126
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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EURO - Price can make movement up and then drop to $1.1100 levelHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
Some time ago price declined inside a falling channel, where it fell to $1.0735 points and then made an upward impulse.
Price exited from channel and reached $1.1100 level, which it soon broke it and continued to move up.
Later Euro rose to $1.1425 points, and then made a correction, after which, in a short time, price rose higher this level.
After this movement, price turned around and started to decline, breaking $1.1425 level again and entered to flat.
In flat, Euro bounced from $1.1100 level and started to grow inside a flat, and later rose to resistance level.
Recently price started to decline, so I expect that Euro can rise a little and then continue to decline to $1.1100 level.
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Euro may grow to resistance level and then drop to 1.1275 pointsHello traders, I want share with you my opinion about Euro. After forming a strong upward move from the buyer zone (1.11850–1.1210), the price rose sharply, broke the mid-range resistance, and entered the seller zone between 1.1380 and 1.1400. Once it reached the upper boundary of the broadening wedge, the price bounced down from resistance at 1.1380. Now the price is trading inside a broadening wedge, showing signs of a potential reversal. After failing to hold above resistance, the Euro started to decline from the seller zone, confirming selling pressure. The current movement points to a correction within the wedge structure. I expect the Euro will continue falling toward 1.1275, my TP 1, where the support line of the wedge coincides with the upper boundary of the previous buyer zone. This zone has already shown strong reactions before and could act as a short-term reversal area. Given the recent rejection from resistance, the broadening wedge formation, and return from the seller zone, I remain bearish and anticipate further decline. Please share this idea with your friends and click Boost 🚀
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US500 Is Going Down! Sell!
Please, check our technical outlook for US500.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 5,960.96.
Considering the today's price action, probabilities will be high to see a movement to 5,538.99.
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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USDJPY Will Go Lower From Resistance! Sell!
Take a look at our analysis for USDJPY.
Time Frame: 12h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 145.162.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 142.359 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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CHFJPY: Short Trade Explained
CHFJPY
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short CHFJPY
Entry Point - 175.08
Stop Loss - 175.56
Take Profit - 174.16
Our Risk - 1%
Start protection of your profits from lower levels
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NZDCHF: Weak Market & Bearish Forecast
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current NZDCHF chart which, if analyzed properly, clearly points in the downward direction.
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