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DAILY TRADE IDEA & FORECASTS

EURUSD

🕝 8 Hours 59 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 1.16900

» STOP BUY 1.16700-1.16500

» TP ZONE 1.17900-1.17700

the update prevails, the next resistance are at 1.1750 and then at 1.1770.

EURUSD Technical Outlook
GBPUSD

🕝 8 Hours 57 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 1.35350

» STOP BUY 1.34950-1.34600

» TP ZONE 1.37000-1.36750

towards 1.3640, the break above 1.3535 a positive signal that has opened a path to 1.3640.

GBPUSD Technical Outlook
USDJPY

🕝 8 Hours 55 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 158.000

» STOP SELL 159.200-158.600

» TP ZONE156.200-155.550

key resistance at 158.00, as long as the resistance at 158.00 is not surpassed, the risk of the break below 156.20 remains high.

USDJPY Technical Outlook

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USDCAD

🕝 8 Hours 54 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 1.36350

» STOP SELL 1.36900-1.36650

» TP ZONE1.35450-1.35150

the downside prevails, the break below 1.3635 a negative signal that has opened a path to 1.3545.

USDCAD Technical Outlook
AUDUSD

🕝 8 Hours 52 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 0.71600

» STOP BUY 0.71350-0.71100

» TP ZONE 0.72700-0.72450

target 0.7220, the break above 0.7160 is a positive signal that has opened a path to 0.7220.

AUDUSD Technical Outlook
NZDUSD

🕝 8 Hours 48 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 0.58840

» STOP BUY 0.58580-0.58430

» TP ZONE 0.59690-0.59380

the RSI is overbought our pivot point is at 0.5884 our preference as long as, the RSI is above 70. It 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 below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average ( respectively at 0.5896 and 0.5863).

NZDUSD Technical Outlook

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USDCHF

🕝 8 Hours 46 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 0.78550

» STOP SELL 0.79000-0.78750

» TP ZONE0.77900-0.77650

watch 0.7790, a break below 0.7790 would trigger a drop towards 0.7765.

USDCHF Technical Outlook
EURGBP

🕝 8 Hours 43 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 0.86100

» STOP BUY 0.86640-0.86550

» TP ZONE 0.85930-0.85840

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 retrance (look for bullish divergence in this case). The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average ( respectively at 0.8632 and 0.8649).

EURGBP Technical Outlook
EURJPY

🕝 8 Hours 30 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 183.510

» STOP BUY 184.760-184.542

» TP ZONE 183.141-182.922

rebound towards 184.54, our pivot point is at 183.51 our preferences, the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average 183.64 but below its 50. period moving average.

EURJPY Technical Outlook

GBPCHF

🕝 8 Hours 25 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 1.06790

» STOP SELL 1.07130-1.07000

» TP ZONE1.06210-1.06080

the downside prevails as long as 1.0679 is resistance our pivot point is at 1.0679 our preference, the RSI is below its neutrality area at 50. The MACD is below its signal line and nagative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average ( respectively at 1.0663 and 1.0662). Finally, the average ( respectively at 1.0663 and 1.0662). Finally, the GBP/CHF is trading below its lower Bollinger band (standing at 1.0657).

GBPCHF Technical Outlook
GBPJPY

🕝 8 Hours 22 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 212.784

» STOP BUY 212.371-212.125

» TP ZONE 214.212-213.966

rebound towards 213.97 our pivot point is at 212.78 our preference, the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 50 period moving average (214.25).

GBPJPY Technical Outlook
XAUUSD

🕝 8 Hours 18 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 4595.50

» STOP BUY 4572.00-4557.56

» TP ZONE 4678.00-4663.50

as long as 4596 is support look for 4664, Our pivot point stands at 4596, the RSI is above its neutrality area at 50. The MACQ is below its signal line and positive. The price could retrace. Gold is above its 20 and 50 period moving average ( respectively at 4620 and 4607).

XAUUSD Technical Outlook

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