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DAILY TRADE IDEA & FORECASTS

EURUSD

🕝 1 Hour 56 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 1.1470

» STOP SELL 1.1490-1.1510

» TP ZONE1.1400-1.1370

key resistance at 1.1470, the upward potential is likely to be limited by the resistance at 1.1470.

EURUSD Technical Outlook
GBPUSD

🕝 1 Hour 55 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 1.3280

» STOP SELL 1.3310-1.3340

» TP ZONE1.3210-1.3180

key resistance at 1.3280 , the upward potential is likely to be limited by the resistance at 1.3280.

GBPUSD Technical Outlook
USDJPY

🕝 1 Hour 53 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 159.75

» STOP SELL 160.00-160.30

» TP ZONE159.05-158.80

Turning down, as long as 159.75 is resistance, likely decline to 159.05.

USDJPY Technical Outlook

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USDCAD

🕝 1 Hour 51 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 1.3680

» STOP BUY 1.3655-1.3630

» TP ZONE 1.3740-1.3760

Bullish bias above 1.3680, Even though a continuation of the consolidation cannot be ruled out, its extend should be limited.

USDCAD Technical Outlook
AUDUSD

🕝 1 Hour 49 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 0.7040

» STOP SELL 0.7060-0.7080

» TP ZONE0.6975-0.6950

0.6975 expected, as long as the resistance at 0.7040 is not surpassed, the risk of the break blow 0.6975 remains high.

AUDUSD Technical Outlook
NZDUSD

🕝 1 Hour 47 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 0.5761

» STOP BUY 0.5737-0.5722

» TP ZONE 0.5821-0.5836

rebound towards 0.5836, 0.5761 is our pivot point, the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 0.5799 and 0.5820).

NZDUSD Technical Outlook

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USDCHF

🕝 1 Hour 45 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 0.7875

» STOP BUY 0.786-0.7845

» TP ZONE 0.7920-0.7935

The bias remains bullish, A support base at 0.7875 has formed and has allowed for a temporary stabilisation.

USDCHF Technical Outlook
EURGBP

🕝 1 Hour 42 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 0.8647

» STOP SELL 0.8662-0.8671

» TP ZONE0.8614-0.8605

The downside prevails as long as 0.8647 is resistance, Our pivot point stands at 0.8647, the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 0.8639 and 0.8634).

EURGBP Technical Outlook
EURJPY

🕝 1 Hour 40 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 181.92

» STOP BUY 181.40-181.10

» TP ZONE 183.02-183.32

rebound towards 183.33, 181.92 is our pivot point, the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 182.51 and 182.87).

EURJPY Technical Outlook

GBPCHF

🕝 1 Hour 36 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 1.0482

» STOP SELL 1.0508-1.0523

» TP ZONE1.0423-1.0408

The RSI is oversold, 1.0482 is our pivot point, the RSI is below 30. It could either mean that the pair is in a lasting downtrend or just oversold and therefor, bound to retrace (look for bullish divergence in this case). The MACD is negative and below its signal line.The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1.0486 and 1.0478).

GBPCHF Technical Outlook
GBPJPY

🕝 1 Hour 34 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 210.57

» STOP BUY 209.80-209.34

» TP ZONE 212.21-212.67

rebound towards 212.67, 210.57 is our pivot point, the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 211.28 and 211.80).

GBPJPY Technical Outlook
XAUUSD

🕝 1 Hour 33 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 5055

» STOP SELL 5090-5125

» TP ZONE4965-4945

Key resistance at 5055, the index currently faces a challenging resistance area at 5055.

XAUUSD Technical Outlook

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