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DAILY TRADE IDEA & FORECASTS

EURUSD

🕝 6 Hours 47 Minutes ago

⇳ SENTIMENT NEUTRAL

» OUR PREFERENCE SELL

» SELL ZONE Below 1.1660

» STOP SELL 1.1675-1.1695

» TP ZONE1.1620-1.1600

Under pressure, The RSI is bearish and calls for further downside.

EURUSD Technical Outlook
GBPUSD

🕝 6 Hours 41 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 1.3460

» STOP SELL 1.3485-1.3505

» TP ZONE1.3415-1.3390

Towards 1.3390, a break below 1.3415 would trigger a drop towards 1.3390.

GBPUSD Technical Outlook
USDJPY

🕝 6 Hours 39 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 158.05

» STOP BUY 157.80-157.50

» TP ZONE 158.60-158.90

Intraday support around 158.05, the RSI calls for a rebound.

USDJPY Technical Outlook

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USDCAD

🕝 6 Hours 37 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 1.3865

» STOP BUY 1.3850-1.3835

» TP ZONE 1.3900-1.3920

the bias remains bullish, the RSI calls for a bounce.

USDCAD Technical Outlook
AUDUSD

🕝 6 Hours 32 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 0.6695

» STOP SELL 0.6710-0.6725

» TP ZONE0.6665-0.6650

the downside prevails, the RSI calls for a new downleg.

AUDUSD Technical Outlook
NZDUSD

🕝 6 Hours 30 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 0.5730

» STOP BUY 0.5717-0.5709

» TP ZONE 0.5768-0.5776

As long as 0.5730 is support look for 0.5776 our pivot point stands at 0.5730, The RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 0.5747 and 0.5744).

NZDUSD Technical Outlook

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USDCHF

🕝 6 Hours 29 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 0.7980

» STOP BUY 0.7965-0.7950

» TP ZONE 0.8010-0.8025

Bullish bias above 0.7980, Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

USDCHF Technical Outlook
EURGBP

🕝 6 Hours 24 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 0.8678

» STOP SELL 0.8690-0.8698

» TP ZONE0.8645-0.8637

As long as 0.8678 is support look for 0.8637 our pivot point stands at 0.8678, The RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 0.8666 and 0.8666).

EURGBP Technical Outlook
EURJPY

🕝 6 Hours 22 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 184.02

» STOP BUY 183.71-183.53

» TP ZONE 184.90-185.08

Rebound towards 185.08 our pivot point stands at 184.02, The RSI is below 50. The MACD is above its singal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average(respectively at 184.49 and 184.94).

EURJPY Technical Outlook

GBPCHF

🕝 6 Hours 19 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 1.0773

» STOP BUY 1.0756-1.0746

» TP ZONE 1.0819-1.0829

The RSI is overbought 1.0773 is our pivot point, The RSI is above 70, It could mean either that the pair is in a lasting uptrend or just overbought and therefore bound to correct (look for bearish divergence in this case). The MACD is positive and below its signal line. The pair could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 1.0768 and 1.0760).

GBPCHF Technical Outlook
GBPJPY

🕝 6 Hours 18 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 212.39

» STOP BUY 212.02-211.79

» TP ZONE 213.48-213.70

Rebound towards 213.71 our pivot point stands at 212.40, The RSI is below 50. The MACD is above its singal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average(respectively at 212.88 and 213.42).

GBPJPY Technical Outlook
XAUUSD

🕝 6 Hours 16 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 4640.00

» STOP SELL 4655.00-4675.00

» TP ZONE4575.00-4545.00

Target 4545.00, as long as the resistance at 4640.00 is not surpassed, the risk of the break below 4575.00 remains high.

XAUUSD Technical Outlook

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