Take a look at our analysis for SILVER. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 33.211. Taking into consideration the structure & trend analysis, I believe that the market will reach 31.952 level soon. P.S Overbought describes a period of time...
Please, check our technical outlook for USDCHF. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 0.882. Considering the today's price action, probabilities will be high to see a movement to 0.866. P.S Please, note that an oversold/overbought condition can...
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 significant support area 193.677. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 194.756 level. P.S The term oversold refers to a...
Take a look at our analysis for GBPAUD. Time Frame: 5h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 2.056. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 2.044 level. P.S We determine...
Please, check our technical outlook for EURUSD. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 1.081. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 1.068...
Here is our detailed technical review for EURJPY. Time Frame: 1h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 161.513. The above observations make me that the market will inevitably achieve 160.742 level. P.S Please, note that an oversold/overbought condition...
Take a look at our analysis for BITCOIN. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 84,125. Taking into consideration the structure & trend analysis, I believe that the market will reach 90,061 level soon. P.S The term oversold refers to a condition...
Please, check our technical outlook for GBPCHF. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 1.140. Considering the today's price action, probabilities will be high to see a movement to 1.151. P.S We determine oversold/overbought condition with RSI...
Here is our detailed technical review for GBPNZD. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 2.253. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 2.277 level. P.S Overbought describes a period of...
Take a look at our analysis for GOLD. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 3,028.74. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 2,994.67 level. P.S Please, note...
Please, check our technical outlook for USDJPY. Time Frame: 8h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 149.408. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 147.585...
Here is our detailed technical review for GBPUSD. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 1.293. The above observations make me that the market will inevitably achieve 1.297 level. P.S We determine oversold/overbought condition with RSI...
Take a look at our analysis for GBPJPY. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 193.249. Taking into consideration the structure & trend analysis, I believe that the market will reach 191.112 level soon. P.S Overbought describes a period of time...
Please, check our technical outlook for US500. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 5,657.57. Considering the today's price action, probabilities will be high to see a movement to 5,809.58. P.S Please, note that an oversold/overbought condition can...
Here is our detailed technical review for SILVER. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 3,339.6. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 3,470.7 level. P.S The term oversold refers to...
Take a look at our analysis for USDCAD. Time Frame: 10h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 1.437. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 1.446 level. P.S We determine oversold/overbought...
Please, check our technical outlook for GBPAUD. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 2.060. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 2.029...
Here is our detailed technical review for BITCOIN. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 83,533.11. The above observations make me that the market will inevitably achieve 79,022.44 level. P.S Please, note that an oversold/overbought...