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DAILY TRADE IDEA & FORECASTS

EURUSD

🕝 5 Hours 56 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 1.1400

» STOP BUY 1.`375-1.1360

» TP ZONE 1.1440-1.1460

Bullish bias above 1.1400, Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

EURUSD Technical Outlook
GBPUSD

🕝 5 Hours 54 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 1.3360

» STOP BUY 1.3340-1.3320

» TP ZONE 1.3420-1.3440

The bias remains bullish, The RSI is above its neutrality area at 50%.

GBPUSD Technical Outlook
USDJPY

🕝 5 Hours 52 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 162.30

» STOP SELL 162.50-162.70

» TP ZONE162.00-161.80

Key resistance at 162.30, As long as 162.30 is resistance, look for choppy price action with a bearish bias.

USDJPY Technical Outlook

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USDCAD

🕝 5 Hours 49 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 1.4095

» STOP SELL 1.4115-1.4135

» TP ZONE1.4020-1.4000

14000 in sight, The RSI is bearish and calls for further downside.

USDCAD Technical Outlook
AUDUSD

🕝 5 Hours 48 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 0.6945

» STOP BUY 0.6925-0.6910

» TP ZONE 0.6990-0.7010

The upside prevails, The RSI calls for a bounce.

AUDUSD Technical Outlook
NZDUSD

🕝 5 Hours 45 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 0.5803

» STOP BUY 0.5784-0.5773

» TP ZONE 0.5848-0.5859

The upside prevails as long as 0.5803 is support our pivot point is at 0.5803, The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.5813 and 0.5805). Finally, the NZD/USD is trading above its upper Bollinger band (standing at 0.5823).

NZDUSD Technical Outlook

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USDCHF

🕝 5 Hours 43 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 0.8115

» STOP SELL 0.8130-0.8150

» TP ZONE0.8075-0.8060

The downside prevails, Th RSI lacks upwards momentum.

USDCHF Technical Outlook
EURGBP

🕝 5 Hours 39 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 0.8523

» STOP BUY 0.8512-0.8506

» TP ZONE 0.8546-0.8553

Look for a drop towards 0.8523 before a bounce our pivot point is at 0.8523, The RSI is above its neutrality area at 50. The MACD is below its signal line and negative. The penetration of 50 on the RSI should trigger further losses. Moreover, the price is below its 20 period moving average (0.8533) but above its 50 period moving average (0.8533)..

EURGBP Technical Outlook
EURJPY

🕝 5 Hours 34 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 185.03

» STOP BUY 184.66-184.44

» TP ZONE 185.80-186.02

As long as 185.03 is support look for 186.03 our pivot point stands at 185.03, The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 185.30 and 185.14).

EURJPY Technical Outlook

GBPCHF

🕝 5 Hours 29 Minutes ago

⇳ SENTIMENT NEUTRAL

» OUR PREFERENCE SELL

» SELL ZONE Below 1.0884

» STOP SELL 1.0903-1.0914

» TP ZONE1.0835-1.0824

Under pressure below 1.0884 our pivot point is at 1.0884, The RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1.0873 and 1.0864). Finally, the GBP/CHF is trading below its lower Bollinger band (standing at 1.0864).

GBPCHF Technical Outlook
GBPJPY

🕝 5 Hours 26 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 216.80

» STOP BUY 216.31-216.03

» TP ZONE 217.84-218.13

As long as 216.80 is support look for 218.13 our pivot point is at 216.80, The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 217.17 and 217.04)

GBPJPY Technical Outlook
XAUUSD

🕝 5 Hours 24 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 4030.00

» STOP BUY 4013.00-3990.00

» TP ZONE 4075.00-4100.00

Towards 4100, The RSI is mixed with a bullish bias.

XAUUSD Technical Outlook

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