Short
EURGBP Massive Short! SELL!
My dear followers,
This is my opinion on the EURGBP next move:
The asset is approaching an important pivot point 0.8387
Bias - Bearish
Safe Stop Loss - 0.8403
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 0.8360
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
CADJPY Buyers In Panic! SELL!
My dear followers,
I analysed this chart on CADJPY and concluded the following:
The market is trading on 109.01 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 108.68
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
GBPCAD: Will Keep Falling! Here is Why:
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current GBPCAD chart which, if analyzed properly, clearly points in the upward direction.
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DXY Is Very Bearish! Short!
Please, check our technical outlook for DXY.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 102.931.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 101.163 level.
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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NZDCAD Will Go Lower From Resistance! Sell!
Please, check our technical outlook for NZDCAD.
Time Frame: 5h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is testing a major horizontal structure 0.835.
Taking into consideration the structure & trend analysis, I believe that the market will reach 0.828 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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EURUSD Will Move Lower! Sell!
Please, check our technical outlook for EURUSD.
Time Frame: 1h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 1.096.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 1.092 level.
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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USOIL BEST PLACE TO SELL FROM|SHORT
Hello, Friends!
The BB upper band is nearby so USOIL is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 71.85.
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USD/CHF SHORT FROM RESISTANCE
Hello, Friends!
USD/CHF is trending down which is clear from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a beautiful trend following opportunity for a short trade from the resistance line above towards the demand level of 0.851.
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EURAUD: Bearish Continuation & Short Signal
EURAUD
- Classic bearish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Sell EURAUD
Entry - 1.6278
Stop - 1.6347
Take - 1.6150
Our Risk - 1%
Start protection of your profits from lower levels
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HelenP. I Bitcoin will drop from resistance level to $59100Hi folks today I'm prepared for you Bitcoin analytics. Some days ago price entered to wedge and at once rebounded fromresistane line and started to decline. In a short time, BTC fell lower then support level, which coincided with the support zone, but then it tried to back up and failed. Next, the price dropped to the trend line, which is the support line of the wedge also, and then started to grow. BTC quickly rose to the 57500 level, broke it, and later made a retest and continued to move up. Later, the price reached the resistance level, which coincided with the resistance zone, and some time traded near this level. Then BTC broke the 63600 level and later rose to the resistance line of the wedge, after which turned around and made an impulse down, thereby exiting from the wedge and breaking the resistance level as well. After this movement, BTC little declined more and not long time ago rose back to the 63600 level. So, now I expect that BTCUSDT will rebound from the resistance level and drop. Therefore I set my goal at 59100 points. If you like my analytics you may support me with your like/comment ❤️
VIX Will Go Lower! Short!
Here is our detailed technical review for VIX.
Time Frame: 1h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 21.94.
Considering the today's price action, probabilities will be high to see a movement to 20.13.
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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GBPUSD Is Bearish! Short!
Here is our detailed technical review for GBPUSD.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 1.307.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 1.286 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.
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CAD/JPY BEARS ARE STRONG HERE|SHORT
Hello, Friends!
The BB upper band is nearby so CAD-JPY is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 102.154.
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NQ Could Potentially Purge Tuesdays's Lows?
Price looks like it's heading towards Tuesday's Low. We don't have any major news today so I'm not expecting huge movement but, from what price has shown me, it looks like the next draw on liquidity is Tuesday's low.
After price entered and respected the Weekly Imbalance, it displaced lower with energy and retraced back to the 4-hour order block that was responsible for that displacement leg. The first 4-hour order block was respected and price, again, pushed lower creating another 4-hour order block.
Now, it looks like price is drawing towards that second 4-hour order block and if it respects that level, then I would like to see price run lower and take out Tuesday's Low.
I am not a financial advisor. Trade at your own risk. I am only sharing my ideas and predictions of what price could do and I could be 100% wrong. Stay safe!
GBPNZD Under Pressure! SELL!
My dear friends,
GBPNZD looks like it will make a good move, and here are the details:
The market is trading on 2.1411 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 2.1301
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
AUDNZD Will Move Lower! Short!
Please, check our technical outlook for AUDNZD.
Time Frame: 2h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is testing a major horizontal structure 1.104.
Taking into consideration the structure & trend analysis, I believe that the market will reach 1.101 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.
Like and subscribe and comment my ideas if you enjoy them!
SILVER SHORT FROM RESISTANCE
Hello, Friends!
Previous week’s green candle means that for us the SILVER pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 27.288.
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CHF/JPY BEARS ARE GAINING STRENGTH|SHORT
Hello, Friends!
CHF/JPY pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 3H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 171.302 area.
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SPY Will Collapse! SELL!
My dear subscribers,
My technical analysis for SPY is below:
The price is coiling around a solid key level - 572.97
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 570.79
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
SILVER Set To Fall! SELL!
My dear friends,
Please, find my technical outlook for SILVER below:
The instrument tests an important psychological level 32.202
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 - 31.709
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