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DAILY TRADE IDEA & FORECASTS

EURUSD

🕝 1 Day 8 Hours ago

⇳ SENTIMENT NEUTRAL

» OUR PREFERENCE SELL

» SELL ZONE Below 1.04200

» STOP SELL 1.04950-1.04650

» TP ZONE1.03300-1.02950

under pressure, a break below 1.0330 would trigger a drop towards 1.0295.

EURUSD Technical Outlook
GBPUSD

🕝 1 Day 8 Hours ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 1.25800

» STOP SELL 1.26700-1.26200

» TP ZONE1.24400-1.23850

the downside prevails, the RSI is bearish and calls for further downside.

GBPUSD Technical Outlook
USDJPY

🕝 1 Day 8 Hours ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 156.600

» STOP BUY 156.00-155.400

» TP ZONE 159.200-158.900

the bias remains bullish, a support at 156.60 has formed and has allowed for a temporary stabilisation.

USDJPY Technical Outlook

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USDCAD

🕝 1 Day 8 Hours ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 1.43650

» STOP BUY 1.43400-1.43100

» TP ZONE 1.45000-1.44700

continuation of the rebound, the RSI calls for a rebound.

USDCAD Technical Outlook
AUDUSD

🕝 1 Day 8 Hours ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 0.62550

» STOP SELL 0.63000-0.62750

» TP ZONE0.62100-0.619010

watch 0.6210, a break below 0.6210 would trigger a drop towards 0.6190.

AUDUSD Technical Outlook
NZDUSD

🕝 1 Day 8 Hours ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 0.56050

» STOP BUY 0.55830-0.55690

» TP ZONE 0.56830-0.56690

rebound towards 0.5669, Our pivot point stands at 0.5605, the RSI is below its neutrality area at 50. The MACD is negtive and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average ( respectively at 0.5632 and 0.5639).

NZDUSD Technical Outlook

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USDCHF

🕝 1 Day 8 Hours ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 0.89550

» STOP BUY 0.89400-0.89150

» TP ZONE 0.90400-0.90200

bullish bias above 0.8955, a support base at 0.8955 has formed and has allowed for a temporarily stablisation.

USDCHF Technical Outlook
EURGBP

🕝 1 Day 8 Hours ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 0.82840

» STOP BUY 0.82670-0.82570

» TP ZONE 0.83400-0.83300

as long as 0.8284 is support look for 8330, Our pivot point is at 0.8284, the RSI is above its neutrality area at 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 0.8290 and 0.8264).

EURGBP Technical Outlook
EURJPY

🕝 1 Day 7 Hours ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 163.350

» STOP SELL 164.410-164.010

» TP ZONE161.850-161.450

below its lower Bollinger band, Our pivot point stands at 163.35, the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 163.19 and 162.82 ). Finally, the EUR/JPY is trading below its lower Bollinger band (standing at 162.70).

EURJPY Technical Outlook

GBPCHF

🕝 1 Day 7 Hours ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 1.11920

» STOP BUY 1.11680-1.11540

» TP ZONE 1.12700-1.12560

the RSI is oversold, 1.11692 is our pivot point, the RSI is trading below 30. This could mean that either the pair is in a lasting downtrend or just oversold and that therefore a rebound could (look for bullish divergence in this case). The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 1.1231 and 1.1283).

GBPCHF Technical Outlook
GBPJPY

🕝 1 Day 7 Hours ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 196.890

» STOP SELL 198.260-197.750

» TP ZONE194.970-194.460

below its lower Bollinger band, Our pivot point is at 196.89, the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 196.84 and 197.01). Finally, the GBP/JPY has penetrated its lower Bollinger band(196.08).

GBPJPY Technical Outlook
XAUUSD

🕝 1 Day 7 Hours ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 2605.00

» STOP SELL 2626.00-2615.00

» TP ZONE2584.00-2576.00

the downside prevails, the RSI is mixed with a bearish bias.

XAUUSD Technical Outlook

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