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DAILY TRADE IDEA & FORECASTS

EURUSD

🕝 17 Hours 21 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 1.1638

» STOP BUY 1.1619–1.1607

» TP ZONE 1.1696–1.1708

First target, continuation or consolidation? With prices now approaching our initial target, this level may prompt a throwback. That said, a decisive break above it could also act as a catalyst for FURTHER UPSIDE.

EURUSD Technical Outlook
GBPUSD

🕝 17 Hours 20 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 1.3572

» STOP BUY 1.3540–1.3521

» TP ZONE 1.3660–1.3679

1.3660 expected. the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price is above its 20 and 50 period moving average (respectively at 1.3604 and 1.3579).

GBPUSD Technical Outlook
USDJPY

🕝 17 Hours 19 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 159.29

» STOP SELL 159.62–159.82

» TP ZONE157.81–157.61

Aim at 157.81. The MACD is above its signal line and negative. The price stands above its 20 period moving average (158.30) but below its 50 period moving AVERAGE (158.75).

USDJPY Technical Outlook

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USDCAD

🕝 17 Hours 12 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 1.3842

» STOP SELL 1.3864–1.3876

» TP ZONE1.3782–1.3769

Watching for a Trigger Below Support. Prices are now edging toward our first target. Should this level be reached, a pullback is likely to surface; yet a convincing break below it could open THE DOOR TO FURTHER LOSSES.

USDCAD Technical Outlook
AUDUSD

🕝 17 Hours 11 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 0.7102

» STOP SELL 0.7144–0.7154

» TP ZONE0.7086–0.7076

0.7144 in sight. The MACD is below its signal line and positive. The price is below its 20 period moving average (0.7122) but above its 50 period moving average (0.7100).

AUDUSD Technical Outlook
NZDUSD

🕝 17 Hours 10 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 0.5914

» STOP BUY 0.5897–0.5886

» TP ZONE 0.5959–0.5969

Throwback or further upside? As prices near our first target, a throwback could occur, though a clean break above could fuel FURTHER GAINS.

NZDUSD Technical Outlook

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USDCHF

🕝 17 Hours 9 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 0.8035

» STOP SELL 0.8057–0.8071

» TP ZONE0.7959–0.7945

Aim at 0.7959. the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The price stands above its 20 period moving average (0.7983) but below its 50 period moving average (0.8047).

USDCHF Technical Outlook
EURGBP

🕝 17 Hours 7 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 0.8572

» STOP BUY 0.8563–0.8558

» TP ZONE 0.8591–0.8596

Target 0.8591. the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price is above its 20 and 50 period moving average (respectively at 0.8581 and 0.8568).

EURGBP Technical Outlook
EURJPY

🕝 17 Hours 6 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 184.71

» STOP BUY 184.40–184.22

» TP ZONE 184.83–185.66

The upside prevails as long as 184.71 is support. The RSI is above 70, which could mean either that the price is in a lasting uptrend or just overbought and therefore bound to correct (look for bearish divergence in this case). The MACD is above its signal line and positive, and the configuration is positive. The price is above its 20 and 50 period moving averages (respectively at 184.79 and 184.69), and the pair is trading above its upper Bollinger band.

EURJPY Technical Outlook

GBPCHF

🕝 16 Hours 59 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 1.1003

» STOP SELL 1.021–1.1033

» TP ZONE1.0947–1.0958

The RSI is below 50, the price remains below the 20-period (1.0987) and 50-period (1.0991) moving averages, and the MACD is above its signal line while remaining negative.

GBPCHF Technical Outlook
GBPJPY

🕝 16 Hours 58 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 215.87

» STOP SELL 216.38–216.68

» TP ZONE214.65–214.35

On the edge of pivot level. The asset price is approaching our pivot level, which represents one of the last opportunities for the asset to reverse its recent trend.

GBPJPY Technical Outlook
XAUUSD

🕝 16 Hours 53 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 4428

» STOP BUY 4391–4370

» TP ZONE 4531–4553

Expect 4531. The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price is below its 20 period moving average (4506) but above its 50 period moving average (4432).

XAUUSD Technical Outlook

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