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DAILY TRADE IDEA & FORECASTS

EURUSD

🕝 12 Hours 19 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 1.1440

» STOP SELL 1.1455-1.1475

» TP ZONE1.1410-1.1390

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

EURUSD Technical Outlook
GBPUSD

🕝 12 Hours 16 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 1.3460

» STOP SELL 1.3480-1.3500

» TP ZONE1.3425-1.3400

1.3400 in sight, as long as the resistance at 1.3460 is not surpassed, the risk of the break below 1.3425 remains high.

GBPUSD Technical Outlook
USDJPY

🕝 12 Hours 14 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 162.30

» STOP BUY 162.15-162.00

» TP ZONE 162.70-162.85

Bullish bias above 162.30, the RSI advocates for further advance.

USDJPY Technical Outlook

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USDCAD

🕝 12 Hours 12 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 1.4040

» STOP SELL 1.4055-1.4070

» TP ZONE1.4005-1.3990

aim @ 1.3990, a break below 1.4005 would trigger a drop towards 1.3990.

USDCAD Technical Outlook
AUDUSD

🕝 12 Hours 11 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 0.6990

» STOP SELL 0.7005-0.7020

» TP ZONE0.6965-0.6950

Watch 0.6950, As long as the resistance at 0.6990 is not surpassed, the risk of the break below 0.6965 remains high.

AUDUSD Technical Outlook
NZDUSD

🕝 12 Hours 8 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 0.5825

» STOP BUY 0.5805-0.5794

» TP ZONE 0.5867-0.5878

the upside prevails as long as 0.5825 is support, our pivot point is at 0.5825 our preference: the RSI is above its 20 and 50 period moving average (respectively ate 0.5841 and 0.5838).

NZDUSD Technical Outlook

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USDCHF

🕝 12 Hours 7 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 0.8070

» STOP BUY 0.8055-0.8035

» TP ZONE 0.8095-0.8110

Further upside, the RSI shows upside momentum.

USDCHF Technical Outlook
EURGBP

🕝 12 Hours 5 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 0.8510

» STOP SELL 0.8521-0.8527

» TP ZONE0.8487-0.8480

The downside prevails as long as 0.8510 is resistance, Our pivot point stands at 0.8510, 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 0.8500 and 0.8502).

EURGBP Technical Outlook
EURJPY

🕝 12 Hours 3 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 185.96

» STOP SELL 186.33-186.54

» TP ZONE185.17-184.95

The downside prevails as long as 185.97 is resistance, Our pivot point stands at 185.97, 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 185.74 and 185.74).

EURJPY Technical Outlook

GBPCHF

🕝 12 Hours 37 Seconds ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 1.0879

» STOP SELL 1.0898-1.0908

» TP ZONE1.0832-1.0821

the RSI is oversold, the RSI is below 30. It could either mean that the price is in a lasting downtrend or just oversold and therefore bound to retrace ( look for bullish divergence in this case). 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 1.0888 and 1.0896). Finally, the GBP/CHF is trading below its lower Bollinger band.

GBPCHF Technical Outlook
GBPJPY

🕝 11 Hours 58 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 218.82

» STOP SELL 219.31-219.60

» TP ZONE217.78-217.49

The downside prevails as long as 218.83 is resistance, Our pivot point stands at 218.83, 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 218.50 and 218.47).

GBPJPY Technical Outlook
XAUUSD

🕝 11 Hours 57 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 3980

» STOP BUY 3965-3942

» TP ZONE 4040-4071

Up turn, The RSI calls for a bounce.

XAUUSD Technical Outlook

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