NZDCAD Sellers In Panic! BUY!
My dear friends,
NZDCAD looks like it will make a good move, and here are the details:
The market is trading on 0.8205 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 0.8215
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
Trading
$MRNA can’t find a bottomThis name has been on my watch the last 6 months. I continued to wait for a possible bottom for a position but every time it pops it just goes down some more. Another delisting here on the $NASDAQ. I expect this to reach newer lows below $36. NASDAQ:SMCI in the same boat. This chart actually looks prime for more downside with these candles. Short it.
WALLSTREETLOSER
EURUSD Set To Fall! SELL!
My dear friends,
Please, find my technical outlook for EURUSD below:
The instrument tests an important psychological level 1.0498
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 - 1.0482
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
AUDCHF The Target Is DOWN! SELL!
My dear friends,
Please, find my technical outlook for AUDCHF below:
The price is coiling around a solid key level - 0.5674
Bias - Bearish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 0.5637
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
GBPCHF Trading Opportunity! SELL!
My dear subscribers,
This is my opinion on the GBPCHF next move:
The instrument tests an important psychological level 1.1361
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 - 1.1313
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK
XAU/USD Expected Last Long Swing trade of year 2024 in Spot Considering the completion of the corrective downside move in gold, we can expect two swing-long trades this month.
Make sure you follow your risk-reward ratio during placing these trades.
Trade no. 1 - Entry - 2636
SL - 2694
TP - 2790
Trade no. 2 - Entry - 2605
SL - 2694
TP - 2790
DXY Is Going Up! Long!
Please, check our technical outlook for DXY.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 106.958.
Taking into consideration the structure & trend analysis, I believe that the market will reach 109.013 level soon.
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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GOLD Will Grow! Buy!
Here is our detailed technical review for GOLD.
Time Frame: 45m
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 2,643.843.
Considering the today's price action, probabilities will be high to see a movement to 2,651.719.
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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EURJPY Will Go Lower From Resistance! Short!
Take a look at our analysis for EURJPY.
Time Frame: 8h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 161.281.
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 159.582 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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US30 Will Go Lower! Sell!
Here is our detailed technical review for US30.
Time Frame: 1h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 43,616.98.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 43,408.72 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.
Like and subscribe and comment my ideas if you enjoy them!
USOIL SHORT FROM RESISTANCE
Hello, Friends!
We are now examining the USOIL 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 66.51 level.
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