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GBPUSD Will Move Higher! Long! Here is our detailed technical review for GBPUSD. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 1.271. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 1.277 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
GBPCAD Will Go Lower From Resistance! Sell! Please, check our technical outlook for GBPCAD. Time Frame: 45m Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 1.783. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 1.780 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!
Short
by SignalProvider
1
GBPJPY Will Grow! Long! Take a look at our analysis for GBPJPY. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 190.691. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 191.152 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
DXY Is Bullish! Buy! Take a look at our analysis for DXY. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 105.777. The above observations make me that the market will inevitably achieve 108.336 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!
TVC:DXYLong
by SignalProvider
1
AUDNZD Is Very Bullish! Long! Please, check our technical outlook for AUDNZD. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 1.100. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.104 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!
Long
by SignalProvider
1
USOIL Is Going Up! Buy! Here is our detailed technical review for USOIL. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 68.12. Considering the today's price action, probabilities will be high to see a movement to 71.74. 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!
TVC:USOILLong
by SignalProvider
3
Bitcoin price Must surpass $100KBitcoin's price is seeing increased volatility around GETTEX:97K , and some crypto experts believe it’s on track to surpass $101K in the near term. Renowned analyst *PlanB* recently highlighted that Bitcoin’s current trajectory aligns with historical post-halving trends, suggesting significant upside potential. Similarly, a prominent advocate for Bitcoin, emphasized that growing institutional interest and adoption could fuel BTC’s rise past $101K. Our forecast anticipates Bitcoin reaching $100K by the end of 2024, driven by strong market sentiment following the halving event, with a potential to touch $270,593 by 2030 as institutional investments gain momentum.
WHITEBIT:BTCUSD
by IPatrice