GBP-CAD Swing Long Ahead! Buy!
Hello,Traders!
GBP-CAD is making a strong
Bearish correction and the pair
Is already locally oversold
So after it hits a horizontal
Support level of 1.7300
A bullish rebound is
To be expected
Buy!
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EURUSD: Detailed Support & Resistance Analysis 🇪🇺🇺🇸
Here is my latest structure analysis
and important support & resistance levels/zones on EURUSD for next week.
Support 1: 1.030 - 1.033 area
Support 2: 1.016 - 1.024 area
Support 3: 1.008 - 1.009 area
Support 4: 0.994 - 0.997 area
Support 5: 0.962 - 0.975 area
Support 6: 0.953 - 0.960 area
Resistance 1: 1.045 - 1.053 area
Resistance 2: 1.060 - 1.062 area
Resistance 3: 1.066 - 1.069 area
Resistance 4: 1.094 - 1.094 area
Resistance 5: 1.099 - 1.101 area
Resistance 6: 1.120 - 1.128 area
Consider these structures for pullback/breakout trading.
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US100 Is Bullish! Long!
Please, check our technical outlook for US100.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 20,793.1.
Taking into consideration the structure & trend analysis, I believe that the market will reach 21,500.9 level soon.
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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NZDUSD Is Very Bearish! Sell!
Here is our detailed technical review for NZDUSD.
Time Frame: 2h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 0.582.
Considering the today's price action, probabilities will be high to see a movement to 0.578.
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.
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SPY BEARS ARE STRONG HERE|SHORT
Hello, Friends!
SPY uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 581.52 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 SPY pair.
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EUR/CHF LONG FROM SUPPORT
Hello, Friends!
EUR/CHF pair is in the downtrend because previous week’s candle is red, while the price is obviously falling on the 1D timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 0.942 because the pair oversold due to its proximity to the lower BB band and a bullish correction is likely.
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EUR-USD Strong Bearish Breakout! Sell!
Hello,Traders!
EUR-USD is trading in a
Downtrend and the pair
Broke the key horizontal
Level of 1.0450 and the
Breakout is confirmed
Which reinforces our
Bearish bias and makes
Us expect a further
Bearish continuation
Sell!
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NIKE: One of the largest brands on this planet! BUY NOWNIKE: One of the largest brands on this planet! BUY NOW! 50% Upside Ahead
If you believe Nike is a dying company or will lose to HOKA, ON, and whoever else as the years roll on you clearly haven't studied Nike hard enough and seen the continued destruction of EVERY SINGLE brand to try and fight them...Adidas, Under Armor, Puma, New Balance, Asics, Brooks, etc. etc. etc. The LIST WILL INDEED continue.
This name is not a H5 Setup...YET. But, I'm adding it to my watchlist as we have a beautiful Inverse H&S, Sitting on a Volume Shelf, Wr% divergence, and a Hammer Candle which typically means a reversal of a downtrend. All on the weekly chart!
I believe that Value and Dividend names will be the hot ticket stocks in 2025 due to how beaten down they all are and so much treasury and high-interest savings money flowing into the markets, choosing this category of stocks to be on the safer side as that is the type.
Once we get the BULLISH Green BUY signal on the H5 Indicator, it's all over, and you will not see Nike at these levels, most likely EVER AGAIN! You all realize Nike has a large MOAT and is one of the most prolific brands on the planet, right?! Ok, good, I thought you forgot!
Will update once we get the flip to a BUY! Will begin adding in my LT portfolio now due to the value on this company at these levels right now though.
NFA
BRIEFING Week #47 : Caution Till 2025Here's your weekly update ! Brought to you each weekend with years of track-record history..
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