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EURCHF Will Move Higher! Buy! Please, check our technical outlook for EURCHF. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 0.936. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 0.941 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!
Long
by SignalProvider
2
CHFJPY Is Bullish! Long! Here is our detailed technical review for CHFJPY. Time Frame: 5h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 169.713. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 170.855 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. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
1
NAS100 Is Very Bullish! Buy! Take a look at our analysis for NAS100. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 18,831.98. The above observations make me that the market will inevitably achieve 19,527.54 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. Like and subscribe and comment my ideas if you enjoy them!
FX:NAS100Long
by SignalProvider
1
USOIL Is Going Up! Long! Please, check our technical outlook for USOIL. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 69.81. Taking into consideration the structure & trend analysis, I believe that the market will reach 72.72 level soon. 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. Like and subscribe and comment my ideas if you enjoy them!
TVC:USOILLong
by SignalProvider
1
GBPJPY Will Go Higher From Support! Buy! Take a look at our analysis for GBPJPY. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 188.555. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 193.544 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. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
2