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PremiumPlease, check our technical outlook for GOLD. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 3,427.91. The above observations make me that the market will inevitably achieve 3,460.54 level. P.S We determine oversold/overbought condition with RSI...
Here is our detailed technical review for EURUSD. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 1.174. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.184 level soon. P.S Overbought describes a period of...
Take a look at our analysis for USDCHF. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 0.791. Considering the today's price action, probabilities will be high to see a movement to 0.787. P.S Please, note that an oversold/overbought condition can last for a...
Please, check our technical outlook for GBPCAD. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 1.841. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 1.848 level. P.S The term oversold refers to a...
Here is our detailed technical review for SILVER. Time Frame: 15m Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 3,873.5. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 3,860.4 level. P.S We...
Take a look at our analysis for USDJPY. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 147.628. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 146.784...
Please, check our technical outlook for NZDUSD. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 0.596. The above observations make me that the market will inevitably achieve 0.602 level. P.S Please, note that an oversold/overbought condition can...
Here is our detailed technical review for GBPUSD. Time Frame: 3h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 1.347. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.338 level soon. P.S The term oversold refers...
Take a look at our analysis for USOIL. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 67.303. Considering the today's price action, probabilities will be high to see a movement to 71.215. P.S We determine oversold/overbought condition with RSI...
Please, check our technical outlook for EURUSD. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 1.166. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 1.170 level. P.S Overbought describes a period of...
Here is our detailed technical review for USDCHF. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 0.799. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 0.794 level. P.S Please,...
Take a look at our analysis for GBPJPY. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 198.794. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 192.854 level. P.S The term...
Here is our detailed technical review for USDJPY. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 144.493. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 148.651 level. P.S Overbought describes a period...
Please, check our technical outlook for GBPJPY. Time Frame: 3h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 197.240. Considering the today's price action, probabilities will be high to see a movement to 198.091. P.S Please, note that an oversold/overbought condition can...
Take a look at our analysis for USDCAD. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 1.368. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.373 level soon. P.S We determine oversold/overbought condition...
Take a look at our analysis for EURNZD. Time Frame: 15m Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 1.945. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 1.943 level. P.S Overbought...
Here is our detailed technical review for USDCHF. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 0.796. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 0.804 level. P.S We determine oversold/overbought...
Please, check our technical outlook for USDJPY. Time Frame: 3h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 148.811. The above observations make me that the market will inevitably achieve 147.818 level. P.S We determine oversold/overbought condition with RSI...