Please, check our technical outlook for NAS100. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 21,543.12. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 22,044.19 level. P.S We determine...
Here is our detailed technical review for SILVER. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 30.469. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 31.385 level. P.S Overbought...
Take a look at our analysis for EURUSD. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 1.035. The above observations make me that the market will inevitably achieve 1.017 level. P.S Please, note that an oversold/overbought condition can last for a...
Please, check our technical outlook for GBPJPY. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 191.076. Taking into consideration the structure & trend analysis, I believe that the market will reach 189.587 level soon. P.S The term oversold refers to a...
Here is our detailed technical review for GBPJPY. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 190.065. Considering the today's price action, probabilities will be high to see a movement to 191.727. P.S We determine oversold/overbought condition with RSI...
Here is our detailed technical review for DXY. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 109.412. Considering the today's price action, probabilities will be high to see a movement to 110.871. P.S We determine oversold/overbought condition with RSI...
Take a look at our analysis for GOLD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 2,706.25. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 2,790.68 level. P.S Overbought describes a period of time...
Please, check our technical outlook for USDJPY. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 156.291. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 154.540...
Here is our detailed technical review for GBPNZD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 2.174. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 2.200 level. P.S The term oversold...
Take a look at our analysis for NAS100USD. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 21,454.6. The above observations make me that the market will inevitably achieve 20,638.8 level. P.S We determine oversold/overbought condition with RSI...
Please, check our technical outlook for USDCAD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 1.448. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.469 level soon. P.S Overbought describes a period of time...
Here is our detailed technical review for ETHUSD. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 3,267.2. Considering the today's price action, probabilities will be high to see a movement to 2,920.3. P.S Please, note that an oversold/overbought condition...
Take a look at our analysis for GBPUSD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 1.216. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 1.251 level. P.S The term oversold refers to a condition...
Please, check our technical outlook for EURNZD. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 1.839. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 1.826 level. P.S We...
Take a look at our analysis for BITCOIN. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 101,434.06. The above observations make me that the market will inevitably achieve 103,866.34 level. P.S Please, note that an oversold/overbought condition can...
Here is our detailed technical review for US30. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 43,233.41. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 42,564.96...
Please, check our technical outlook for AUDJPY. Time Frame: 15m Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 96.530. Taking into consideration the structure & trend analysis, I believe that the market will reach 96.725 level soon. P.S The term oversold refers to a...
Take a look at our analysis for USDCHF. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 0.916. The above observations make me that the market will inevitably achieve 0.910 level. P.S We determine oversold/overbought condition with RSI...