EUR/AUD SHORT FROM RESISTANCE
Hello, Friends!
EUR/AUD pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 8H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.723 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.
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Short
EURJPY: Expecting Bearish Movement! Here is Why:
The analysis of the EURJPY chart clearly shows us that the pair is finally about to tank due to the rising pressure from the sellers.
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EUR/CAD SHORT FROM RESISTANCE
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 8H 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 1.569 area.
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GOLD: Short Trading Opportunity
GOLD
- Classic bearish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Sell GOLD
Entry - 3330.6
Stop - 3337.3
Take - 3316.6
Our Risk - 1%
Start protection of your profits from lower levels
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GBPCHF A Fall Expected! SELL!
My dear friends,
My technical analysis for GBPCHF is below:
The market is trading on 1.1148 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.1114
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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WISH YOU ALL LUCK
USOIL A Fall Expected! SELL!
My dear followers,
This is my opinion on the USOIL next move:
The asset is approaching an important pivot point 61.87
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 - 61.38
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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WISH YOU ALL LUCK
EURUSD Set To Fall! SELL!
My dear subscribers,
My technical analysis for EURUSD is below:
The price is coiling around a solid key level - 1.1332
Bias - Bearish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 1.1242
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
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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WISH YOU ALL LUCK
GBPJPY What Next? SELL!
My dear friends,
Please, find my technical outlook for GBPJPY below:
The instrument tests an important psychological level 193.17
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 - 192.71
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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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WISH YOU ALL LUCK
Bitcoin may break support level and fall to support lineHello traders, I want share with you my opinion about Bitcoin. In this chart, we can see how the price a few moments ago declined, but then turned around and started to grow inside an upward wedge. Price at once rebounded from the support line of the wedge and made an upward impulse to the support level, which coincided with the buyer zone, after which it broke it and made a retest. Then BTC rose to the resistance line, after which it corrected to the 100900 support level and then started to slowly grow in the wedge. Some time later, Bitcoin rose to the current support level, which coincided with the support area and even climbed a little higher to the resistance line of the wedge, but soon dropped to the support line. Next, price turned around and made an upward impulse from this line, breaking the 105800 level, and at once made a retest. After this movement, BTC continued to grow and reached the resistance line of the wedge, but recently it rolled down, so now I expect that the price can rise a little. After this movement, in my opinion, BTC can drop to the support line of the wedge, breaking the current support level. Therefore, I set my TP at this line - 104200 points. Please share this idea with your friends and click Boost 🚀
USOIL Will Fall! Short!
Take a look at our analysis for USOIL.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is testing a major horizontal structure 60.503.
Taking into consideration the structure & trend analysis, I believe that the market will reach 55.493 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.
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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EURUSD Will Go Lower From Resistance! Sell!
Please, check our technical outlook for EURUSD.
Time Frame: 7h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 1.130.
Considering the today's price action, probabilities will be high to see a movement to 1.121.
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.
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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AUDUSD Will Go Down From Resistance! Short!
Here is our detailed technical review for AUDUSD.
Time Frame: 2h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 0.642.
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 0.638 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.
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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USDCHF Will Go Lower From Resistance! Short!
Here is our detailed technical review for USDCHF.
Time Frame: 7h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 0.842.
The above observations make me that the market will inevitably achieve 0.830 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.
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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EUR/CAD SENDS CLEAR BEARISH SIGNALS|SHORT
EUR/CAD SIGNAL
Trade Direction: short
Entry Level: 1.567
Target Level: 1.549
Stop Loss: 1.579
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 12h
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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GOLD BEST PLACE TO SELL FROM|SHORT
GOLD SIGNAL
Trade Direction: short
Entry Level: 3,458.82
Target Level: 3,187.96
Stop Loss: 3,639.42
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 4h
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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SPY Trading Opportunity! SELL!
My dear subscribers,
My technical analysis for SPY is below:
The price is coiling around a solid key level - 594.29
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 563.56
My Stop Loss - 611.99
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
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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WISH YOU ALL LUCK
GOLD - Price can rise a little and then fall to support areaHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊
Some days ago price grew in a rising channel, where it broke $2975 level and then rose to $3160 level, but next it corrected.
Price exited from channel and entered to triangle, where it made a strong impulse up.
Gold broke $3160 and $3345 levels, reached resistance line, and then made a correction movement, also making a first gap.
Next, price some time traded below $3345 level, and later it at the last time rose to resistance line and then drop.
After this, Gold made a second gap and then exited from triangle, after which it bounced from support level and started to grow.
Possibly, price can bounce from support line of triangle and then fall to $3125 support area.
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Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
EURNZD: Free Trading Signal
EURNZD
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short EURNZD
Entry Point - 1.9062
Stop Loss - 1.9116
Take Profit - 1.8970
Our Risk - 1%
Start protection of your profits from lower levels
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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GBPUSD My Opinion! SELL!
My dear followers,
I analysed this chart on GBPUSD and concluded the following:
The market is trading on 1.3427 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.3356
Safe Stop Loss - 1.3467
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.
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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WISH YOU ALL LUCK
EURGBP: Bearish Forecast & Bearish Scenario
Looking at the chart of EURGBP right now we are seeing some interesting price action on the lower timeframes. Thus a local move down seems to be quite likely.
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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SHORT AUD CHF Investment OpportunityDear traders, I am Andrea Russo, a Forex expert and market analyst. Today I want to share with you a short opportunity on the AUDCHF pair, based on solid technical analysis and current market dynamics.
📌 Entry level: 0.5374 🎯 Take Profit (TP): 0.5173 🛑 Stop Loss (SL): 0.5440
The AUDCHF has shown signs of weakness after a consolidation phase. The bearish pressure, fueled by the strength of the Swiss franc and a climate of risk aversion, could favor a decline towards the indicated target levels.
Technical indicators confirm the strategy: 🔹 Key resistance near 0.5440, invalidation level of the position. 🔹 Bearish momentum with decreasing volumes on bullish pressures. 🔹 Short-term moving average suggesting a possible continuation of the decline.
📊 We will monitor the market to confirm the movement. Always remember to apply proper risk management!