AUD/USD SHORT FROM RESISTANCE
Hello, Friends!
AUD/USD 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 0.686 area.
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Short
USDCHF: Short Signal Explained
USDCHF
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short USDCHF
Entry Point - 0.8506
Stop Loss - 0.8526
Take Profit - 0.8470
Our Risk - 1%
Start protection of your profits from lower levels
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EURJPY Trading Opportunity! SELL!
My dear subscribers,
EURJPY looks like it will make a good move, and here are the details:
The market is trading on 162.06 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 160.79
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
TESLA Under Pressure! SELL!
My dear friends,
TESLA looks like it will make a good move, and here are the details:
The market is trading on 260.65 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 242.66
Recommended Stop Loss - 269.75
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
USDJPY What Next? SELL!
My dear friends,
Please, find my technical outlook for USDJPY below:
The price is coiling around a solid key level - 146.04
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 144.28
Safe Stop Loss - 146.97
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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WISH YOU ALL LUCK
CHFJPY My Opinion! SELL!
My dear friends,
My technical analysis for CHFJPY is below:
The market is trading on 171.73 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 170.25
Recommended Stop Loss - 172.54
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.
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WISH YOU ALL LUCK
GBPJPY Set To Fall! SELL!
My dear subscribers,
My technical analysis for GBPJPY is below:
The price is coiling around a solid key level - 193.29
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 192.20
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
GOLD Buyers In Panic! SELL!
My dear friends,
Please, find my technical outlook for GOLD below:
The price is coiling around a solid key level - 2662.8
Bias - Bearish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 2653.5
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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WISH YOU ALL LUCK
AUDCHF Will Fall! Sell!
Please, check our technical outlook for AUDCHF.
Time Frame: 4h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 0.585.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 0.581 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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GOLD BEARISH BIAS RIGHT NOW| SHORT
Hello, Friends!
Previous week’s green candle means that for us the GOLD 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 2,555.681.
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USD/CHF BEARS ARE STRONG HERE|SHORT
Hello, Friends!
USD/CHF pair is in the downtrend because previous week’s candle is red, while the price is obviously rising on the 12H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 0.839 because the pair is overbought due to its proximity to the upper BB band and a bearish correction is likely.
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USD/CAD BEARS ARE GAINING STRENGTH|SHORT
Hello, Friends!
It makes sense for us to go short on USD/CAD right now from the resistance line above with the target of 1.374 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band.
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HelenP. I Bitcoin will make retest and then continue to declineHi folks today I'm prepared for you Bitcoin analytics. If we look at the chart we can see, how the price trades inside the resistance zone, but later turned around and dropped to the support level, breaking the 64000 level. After this, the price tired to grow, but failed and in a short time declined below a support level, which coincided with the support zone and fell until the trend line. Next, BTC turned around and started to grow, and later backed up to the 57500 level, broke it, and continued to move up next. But later it made a correction to the trend line, which coincided with the support level and then rebounded up to the resistance level. Price some time traded near this level and then broke it, after which rose even higher than the resistance zone. But a not long time ago BTC turned around and dropped to the trend line, which coincided with the 64000 level and recently broke it. Now, I expect that BTCUSDT will make a retest of the trend line and then continue to decline next, therefore I set my goal at 60K points. If you like my analytics you may support me with your like/comment ❤️
AUDNZD The Target Is DOWN! SELL!
My dear subscribers,
This is my opinion on the AUDNZD next move:
The instrument tests an important psychological level 1.0936
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 - 1.0915
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
EURCAD A Fall Expected! SELL!
My dear followers,
I analysed this chart on EURCAD and concluded the following:
The market is trading on 1.5064 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.5040
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
GBPUSD Massive Short! SELL!
My dear friends,
Please, find my technical outlook for GBPUSD below:
The instrument tests an important psychological level 1.3406
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 - 1.3309
Recommended Stop Loss - 1.3454
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
US30 Is Bearish! Sell!
Please, check our technical outlook for US30.
Time Frame: 4h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is testing a major horizontal structure 42,202.3.
Taking into consideration the structure & trend analysis, I believe that the market will reach 41,924.3 level soon.
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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SILVER Is Very Bearish! Short!
Here is our detailed technical review for SILVER.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 31.349.
Considering the today's price action, probabilities will be high to see a movement to 28.906.
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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SILVER BEARS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
We are going short on the SILVER with the target of 29.507 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal.
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