NZDJPY Potential DownsidesHey Traders, in today's trading session we are monitoring NZDJPY for a selling opportunity around 85.800 zone, NZDJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 85.800 support and resistance area.
Trade safe, Joe.
Short
Gold Potential Pullbacks To DowsidesHey Traders, in today's trading session we are monitoring XAUUSD for a selling opportunity around 3035 zone, Gold is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 3035 support and resistance area.
Trade safe, Joe.
USDJPY Potential DownsidesHey Traders, in today's trading session we are monitoring USDJPY for a selling opportunity around 149.500 zone, USDJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 149.500 support and resistance area.
Trade safe, Joe.
EURAUD: Bearish Forecast & Outlook
Looking at the chart of EURAUD right now we are seeing some interesting price action on the lower timeframes. Thus a local move down seems to be quite likely.
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HelenP. I Gold will rise a little more and then drop to $2985Hi folks today I'm prepared for you Gold analytics. After analyzing this chart, we can see that the price spent some time trading within a consolidation range before rebounding from the support zone to the upper boundary of this range. It then hovered around this area for a while before starting to decline. In a short time, the price dropped to the trend line, breaking through Support 2 and exiting the consolidation phase. Following this, the price reversed from the trend line and began to rise, soon reaching Support 2 again, breaking above it, and consolidating near this level. Later, it broke below the trend line and declined toward the support zone. After that, Gold made a strong upward impulse toward Support 1, also breaking the trend line. Shortly after, it breached Support 1 and traded within the support zone for some time before resuming its upward movement. However, I anticipate that XAUUSD will rise slightly before reversing and dropping back to the support level, breaking the trend line. Based on this scenario, my goal is set at 2985 level. If you like my analytics you may support me with your like/comment ❤️
HelenP. I Euro will decline to 1.0710, breaking support levelHi folks today I'm prepared for you Euro analytics. Euro recently tested the Support Zone, but buyers couldn't push the price higher. After a weak reaction, the price started to decline, showing that sellers are still strong. Now, it is trading near this support area, and I expect further downward movement. If sellers maintain pressure, EUR could break below the Support Zone and decline toward 1.0710 points, which coincides with the trend line. This level will be crucial—if the price bounces, we might see a local rebound, but if it breaks, a deeper drop could follow. Looking at past price action, we can see that the trend line has acted as strong support multiple times. However, each test weakens the level, increasing the chances of a breakdown. If the price reaches 1.0710 points, I will watch how it reacts. A clear breakdown could push EUR/USD lower, potentially toward 1.0425 (Support 2). For now, I anticipate a decline to 1.0710 points, where the price will decide its next move. My goal remains at 1.0710 points. If you like my analytics you may support me with your like/comment ❤️
GOLD Will Go Lower From Resistance! Sell!
Take a look at our analysis for GOLD.
Time Frame: 2h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 3,028.74.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 2,994.67 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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USDJPY Will Go Lower! Short!
Please, check our technical outlook for USDJPY.
Time Frame: 8h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 149.408.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 147.585 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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GBPJPY Will Move Lower! Sell!
Take a look at our analysis for GBPJPY.
Time Frame: 12h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is testing a major horizontal structure 193.249.
Taking into consideration the structure & trend analysis, I believe that the market will reach 191.112 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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US30 BEARISH BIAS RIGHT NOW| SHORT
US30 SIGNAL
Trade Direction: short
Entry Level: 41,902.2
Target Level: 40,698.3
Stop Loss: 42,704.8
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 9h
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 Short to $2675Looks overpriced. CMC Gap at $2675, there is high chance to go to $2000 if filling the gap won't be enough to bounce back.
I expect to close my Short between $2675 and $2300. Of course anything might change.
In my opinion we can get a Black Swan event this or next week. Most of the stocks, indices, crypto looks very dumpy short term.
I wouldn't be surprised for a capitulatory type of drop tomorrowAs we can see the trend line have held the US500/SPX/SPY price for so many times, we still couldn't break above it. In other word, it's acting as current overhead resistance ever since we broke down from this white line. We tried three times so far this week, 17th, 19th and the 20th, still couldn't manage to break above it. So if anything happens tomorrow, it would be a big red candle to tomorrow with gigantic volume since it is going to be the "Quad Witching" Day.
When will the "True Bounce" be happening? I would say, the bounce back window should starts as early as next week if we see capitulation tomorrow.
Looking for shorts on EUR/USD on pullback from previous EU seshLooking for a retrace, new liq. sweep that will make an nice order block then enter on BOS confirmation. These confluences will give a solid short position with a nice 2R with a good stop buffer and previous session highs. This draw down is result of bad EU news and the US not cutting the interest rates just yet leading to a strong dollar. These shorts will probably not take out the full move on EUR/USD but this pull back and short is highly likely to play out with the end of the week near. Comment below what you think.
GBPAUD: Bearish Continuation & Short Signal
GBPAUD
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short GBPAUD
Entry Point - 2.0619
Stop Loss - 2.0692
Take Profit - 2.0483
Our Risk - 1%
Start protection of your profits from lower levels
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USDCHF Potential DownsidesHey Traders, in today's trading session we are monitoring USDCHF for a selling opportunity around 0.88900 zone, USDCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.88900 support and resistance area.
Trade safe, Joe.
Bitcoin Potential DownsidesHey Traders, in today's trading session we are monitoring BTCUSDT for a selling opportunity around 90000 zone, Bitcoin is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 89000 support and resistance area.
Trade safe, Joe.
USDJPY My Opinion! SELL!
My dear friends,
My technical analysis for USDJPY is below:
The market is trading on 149.96 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 148.72
Recommended Stop Loss - 150.69
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
CADJPY Under Pressure! SELL!
My dear friends,
Please, find my technical outlook for CADJPY below:
The price is coiling around a solid key level - 104.65
Bias - Bearish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 103.67
Safe Stop Loss - 105.27
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
GBPAUD Will Fall! Short!
Please, check our technical outlook for GBPAUD.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 2.060.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 2.029 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 BEARS WILL DOMINATE THE MARKET|SHORT
GOLD SIGNAL
Trade Direction: short
Entry Level: 3,031.48
Target Level: 2,966.31
Stop Loss: 3,074.79
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 9h
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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