NZD/USD BULLS ARE GAINING STRENGTH|LONG
Hello, Friends!
NZD/USD pair is in the downtrend because previous week’s candle is red, while the price is evidently falling on the 4H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 0.592 because the pair oversold due to its proximity to the lower BB band and a bullish correction is likely.
✅LIKE AND COMMENT MY IDEAS✅
Tecnhicalanalysis
USD/CAD SELLERS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
USD/CAD pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 2H 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 1.396 area.
✅LIKE AND COMMENT MY IDEAS✅
GOLD BULLISH BIAS RIGHT NOW| LONG
Hello, Friends!
We are going long on the GOLD with the target of 2,783.207 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band. However, we should use low risk here because the 1W TF is red and gives us a counter-signal.
✅LIKE AND COMMENT MY IDEAS✅
GBP/USD BEST PLACE TO BUY FROM|LONG
Hello, Friends!
We are now examining the GBP/USD pair and we can see that the pair is going down locally while also being in a downtrend on the 1W TF. But there is also a powerful signal from the BB lower band being nearby indicating that the pair is oversold so we can go long from the support line below and a target at 1.287 level.
✅LIKE AND COMMENT MY IDEAS✅
USD/JPY BEARS ARE STRONG HERE|SHORT
Hello, Friends!
The BB upper band is nearby so USD-JPY 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 152.850.
✅LIKE AND COMMENT MY IDEAS✅
EUR/USD LONG FROM SUPPORT
Hello, Friends!
Previous week’s red candle means that for us the EUR/USD pair is in the downtrend. And the current movement leg was also down but the support line will be hit soon and lower BB band proximity will signal an oversold condition so we will go for a counter-trend long trade with the target being at 1.078.
✅LIKE AND COMMENT MY IDEAS✅
SILVER BULLS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
SILVER downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 32.262 area still presents a good opportunity for us to buy the pair because the support line is nearby and the BB lower band is close which indicates the oversold state of the SILVER pair.
✅LIKE AND COMMENT MY IDEAS✅
CAD/JPY SENDS CLEAR BEARISH SIGNALS|SHORT
Hello, Friends!
CAD/JPY pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 17H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 108.755 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.
✅LIKE AND COMMENT MY IDEAS✅
NZD/JPY BEARS ARE GAINING STRENGTH|SHORT
Hello, Friends!
NZD/JPY pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 1D 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 90.022 area.
✅LIKE AND COMMENT MY IDEAS✅
CAD/CHF SELLERS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
We are going short on the CAD/CHF with the target of 0.623 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.
✅LIKE AND COMMENT MY IDEAS✅
GOLD BULLISH BIAS RIGHT NOW| LONG
Hello, Friends!
We are now examining the GOLD pair and we can see that the pair is going down locally while also being in a downtrend on the 1W TF. But there is also a powerful signal from the BB lower band being nearby indicating that the pair is oversold so we can go long from the support line below and a target at 2,789.654 level.
✅LIKE AND COMMENT MY IDEAS✅
AUD/CHF BEST PLACE TO SELL FROM|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 0.571.
✅LIKE AND COMMENT MY IDEAS✅
NZD/CHF BEARS ARE STRONG HERE|SHORT
Hello, Friends!
Previous week’s green candle means that for us the NZD/CHF 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 0.513.
✅LIKE AND COMMENT MY IDEAS✅
GBP/AUD SHORT FROM RESISTANCE
Hello, Friends!
GBP-AUD uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 1.925 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 GBP/AUD pair.
✅LIKE AND COMMENT MY IDEAS✅
GBP/JPY BUYERS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
GBP/JPY is making a bearish pullback on the 2H TF and is nearing the support line below while we are generally bullish biased on the pair due to our previous 1W candle analysis, thus making a trend-following long a good option for us with the target being the 198.124 level.
✅LIKE AND COMMENT MY IDEAS✅
USOIL BULLS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
USOIL pair is in the uptrend because previous week’s candle is green, while the price is clearly falling on the 3H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 72.46 because the pair is oversold due to its proximity to the lower BB band and a bullish correction is likely.
✅LIKE AND COMMENT MY IDEAS✅
GBP/CHF SENDS CLEAR BEARISH SIGNALS|SHORT
Hello, Friends!
GBP/CHF pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 12H 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 1.121 area.
✅LIKE AND COMMENT MY IDEAS✅
BITCOIN BEARS ARE GAINING STRENGTH|SHORT
Hello, Friends!
We are targeting the 71,032 level area with our short trade on BITCOIN which is based on the fact that the pair is overbought on the BB band scale and is also approaching a resistance line above thus going us a good entry option.
✅LIKE AND COMMENT MY IDEAS✅
EUR/CHF BULLISH BIAS RIGHT NOW| LONG
Hello, Friends!
The BB lower band is nearby so EUR-CHF is in the oversold territory. Thus, despite the downtrend on the 1W timeframe I think that we will see a bullish reaction from the support line below and a move up towards the target at around 0.939.
✅LIKE AND COMMENT MY IDEAS✅
USD/JPY BEARS ARE STRONG HERE|SHORT
Hello, Friends!
USD/JPY pair is in the downtrend because previous week’s candle is red, while the price is obviously rising on the 1H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 152.396 because the pair is overbought due to its proximity to the upper BB band and a bearish correction is likely.
✅LIKE AND COMMENT MY IDEAS✅
GOLD BEST PLACE TO BUY FROM|LONG
Hello, Friends!
Bullish trend on GOLD, defined by the green colour of the last week candle combined with the fact the pair is oversold based on the BB lower band proximity, makes me expect a bullish rebound from the support line below and a retest of the local target above at 2,788.663.
✅LIKE AND COMMENT MY IDEAS✅
EUR/AUD BULLS ARE STRONG HERE|LONG
Hello, Friends!
EUR/AUD is trending up which is evident from the green colour of the previous weekly candle. However, the price has locally plunged into the oversold territory. Which can be told from its proximity to the BB lower band. Which presents a beautiful trend following opportunity for a long trade from the support line below towards the supply level of 1.639.
✅LIKE AND COMMENT MY IDEAS✅
EUR/JPY LONG FROM SUPPORT
Hello, Friends!
EUR/JPY pair is in the uptrend because previous week’s candle is green, while the price is obviously falling on the 9H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 166.084 because the pair is oversold due to its proximity to the lower BB band and a bullish correction is likely.
✅LIKE AND COMMENT MY IDEAS✅