EUR/CHF SELLERS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
The BB upper band is nearby so EUR-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 0.942.
✅LIKE AND COMMENT MY IDEAS✅
Tecnhicalanalysis
EUR/AUD BEARISH BIAS RIGHT NOW| SHORT
Hello, Friends!
Bearish trend on EUR/AUD, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 1.648.
✅LIKE AND COMMENT MY IDEAS✅
EUR/JPY BEST PLACE TO SELL FROM|SHORT
Hello, Friends!
EUR/JPY is trending down which is obvious from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a beautiful trend following opportunity for a short trade from the resistance line above towards the demand level of 159.900.
✅LIKE AND COMMENT MY IDEAS✅
CAD/JPY SENDS CLEAR BEARISH SIGNALS|SHORT
Hello, Friends!
The BB upper band is nearby so CAD/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 106.752.
✅LIKE AND COMMENT MY IDEAS✅
USOIL BULLS ARE STRONG HERE|LONG
Hello, Friends!
USOIL 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 76.57 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✅
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 1D 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 1.465 area.
✅LIKE AND COMMENT MY IDEAS✅
EUR/GBP BULLS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
We are targeting the 0.846 level area with our long trade on EUR/GBP which is based on the fact that the pair is oversold on the BB band scale and is also approaching a support line below thus going us a good entry option.
✅LIKE AND COMMENT MY IDEAS✅
USD/CHF SENDS CLEAR BEARISH SIGNALS|SHORT
Hello, Friends!
We are now examining the USD/CHF pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 0.902 level.
✅LIKE AND COMMENT MY IDEAS✅
GOLD BEARS ARE GAINING STRENGTH|SHORT
Hello, Friends!
The BB upper band is nearby so GOLD 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 2,669.716.
✅LIKE AND COMMENT MY IDEAS✅
AUD/USD BUYERS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
Bullish trend on AUD/USD, 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 0.625.
✅LIKE AND COMMENT MY IDEAS✅
NZD/USD BULLISH BIAS RIGHT NOW| LONG
Hello, Friends!
NZD/USD is trending up which is obvious 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 great trend following opportunity for a long trade from the support line below towards the supply level of 0.566.
✅LIKE AND COMMENT MY IDEAS✅
USD/CAD BEST PLACE TO SELL FROM|SHORT
Hello, Friends!
USD/CAD pair is in the uptrend because previous week’s candle is green, while the price is evidently 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 1.435 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.
✅LIKE AND COMMENT MY IDEAS✅
SILVER BULLS ARE STRONG HERE|LONGwww.tradingview.com
Hello, Friends!
SILVER pair is trading in a local uptrend which know by looking at the previous 1W candle which is green. On the 2H timeframe the pair is going down. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 30.831 area.
✅LIKE AND COMMENT MY IDEAS✅
GBP/USD SHORT FROM RESISTANCE
Hello, Friends!
We are going short on the GBP/USD with the target of 1.233 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✅
EUR/USD BEARS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
We are now examining the EUR/USD pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 1.017 level.
✅LIKE AND COMMENT MY IDEAS✅
GOLD BULLS ARE GAINING STRENGTH|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 2,784.077.
✅LIKE AND COMMENT MY IDEAS✅
AUD/JPY BUYERS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
AUD/JPY 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 98.447.
✅LIKE AND COMMENT MY IDEAS✅
NZD/JPY BEARISH BIAS RIGHT NOW| SHORT
Hello, Friends!
NZD/JPY pair is in the uptrend because previous week’s candle is green, 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 86.633 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.
✅LIKE AND COMMENT MY IDEAS✅
SILVER SELLERS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
SILVER pair is in the uptrend because previous week’s candle is green, 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 30.468 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.
✅LIKE AND COMMENT MY IDEAS✅
DXY Will Go Up! Buy!
Here is our detailed technical review for DXY.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 107.464.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 109.437 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.
Like and subscribe and comment my ideas if you enjoy them!
BITCOIN BEARS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
It makes sense for us to go short on BITCOIN right now from the resistance line above with the target of 96,962 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.
✅LIKE AND COMMENT MY IDEAS✅
AUD/CHF SENDS CLEAR BEARISH SIGNALS|SHORT
Hello, Friends!
Previous week’s green candle means that for us the AUD/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 0.566.
✅LIKE AND COMMENT MY IDEAS✅