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DAILY TRADE IDEA & FORECASTS

EURUSD

🕝 17 Hours 4 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 1.1785

» STOP BUY 1.1770–1.1755

» TP ZONE 1.1820–1.1835

further advance. The RSI calls for a bounce.

EURUSD Technical Outlook
GBPUSD

🕝 17 Hours 38 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 1.3540

» STOP BUY 1.3520–1.3500

» TP ZONE 1.3590–1.3610

the bias remains bullish. the next resistances are at 1.3590 and then at 1.3610.

GBPUSD Technical Outlook
USDJPY

🕝 17 Hours 28 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 159.150

» STOP SELL 159.30–159.45

» TP ZONE158.60–158.45

As long as 159.15 is resistance, look for choppy price action with a bearish bias.

USDJPY Technical Outlook

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USDCAD

🕝 17 Hours 26 Minutes ago

⇳ SENTIMENT NEUTRAL

» OUR PREFERENCE SELL

» SELL ZONE Below 1.3765

» STOP SELL 1.3785–1.3805

» TP ZONE1.3710–1.3690

under pressure. The RSI is bearish and calls for further decline.

USDCAD Technical Outlook
AUDUSD

🕝 17 Hours 22 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 0.7145

» STOP BUY 0.7130–0.7115

» TP ZONE 0.7190–0.7210

the upside prevails. The RSI calls for a new upleg.

AUDUSD Technical Outlook
NZDUSD

🕝 17 Hours 21 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 0.5889

» STOP BUY 0.5861–0.5843

» TP ZONE 0.5951–0.596

as long as 0.5889 is support look for 0.5968. 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 0.5911 and 0.5905).

NZDUSD Technical Outlook

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USDCHF

🕝 17 Hours 19 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 0.7830

» STOP SELL 0.7845–0.7860

» TP ZONE0.7790–0.7775

key resistance at 0.7830. The RSI lacks upward momentum.

USDCHF Technical Outlook
EURGBP

🕝 17 Hours 18 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 0.8684

» STOP BUY 0.8666–0.8655

» TP ZONE 0.8725–0.8736

the upside prevails as long as 0.8684 is support. 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 0.8696 and 0.8693).

EURGBP Technical Outlook
EURJPY

🕝 17 Hours 15 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 187.902

» STOP SELL 188.361–188.634

» TP ZONE186.934–186.660

target 186.66. 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 is below its 20 period moving average (187.56) but above its 50 period moving average (187.43).

EURJPY Technical Outlook

GBPCHF

🕝 17 Hours 9 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 1.0609

» STOP SELL 1.0631–1.0644

» TP ZONE1.0552–1.0539

the downside prevails as long as 1.0609 is resistance. 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 1.0598 and 1.0593). Finally, the GBP/CHF is trading below its lower Bollinger BAND (STANDING AT 1.0587).

GBPCHF Technical Outlook
GBPJPY

🕝 17 Hours 7 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 215.962

» STOP SELL 216.46–216.76

» TP ZONE214.91–214.61

the downside prevails as long as 215.96 is resistance. The RSI is below its neutrality area at 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 215.69 and 215.61).

GBPJPY Technical Outlook
XAUUSD

🕝 17 Hours 6 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 4785.00

» STOP BUY 4755.00–4735.00

» TP ZONE 4850.00–4870.00

expect 4870. The RSI calls for a bounce.

XAUUSD Technical Outlook

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