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DAILY TRADE IDEA & FORECASTS

EURUSD

🕝 8 Hours 6 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 1.15860

» STOP BUY 1.15630 -1.15500

» TP ZONE 1.16410 - 1.16550

Key resistance level approaches. Prices are now within reach of our first target, a level that could invite the price to consolidate. On the flip side, a clear break above it may WELL SUSTAIN THE UPWARD MOVE.

EURUSD Technical Outlook
GBPUSD

🕝 8 Hours 3 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 1.34980

» STOP BUY 1.34720 - 1.34570

» TP ZONE 1.35720 - 1.35870

Look for 1.3572. The RSI is above its neutrality area at 50. The price is below its 20 period moving average (1.3542) but above its 50 period moving average (1.3540).

GBPUSD Technical Outlook
USDJPY

🕝 8 Hours 1 Minute ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 153.182

» STOP BUY 152.483 - 152.066

» TP ZONE 154.793 - 155.210

On the edge of pivot level. The asset's price is approaching our pivot level at a critical juncture, leaving little room for the asset to reverse its current trajectory.

USDJPY Technical Outlook

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USDCAD

🕝 8 Hours 49 Seconds ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 1.38010

» STOP SELL 1.38450 - 1.38280

» TP ZONE1.37210 - 1.37050

Target 1.3737. The RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The price stands below its 20 and 50 period moving average (respectively at 1.3783 and 1.3794).

USDCAD Technical Outlook
AUDUSD

🕝 7 Hours 59 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 0.71990

» STOP BUY 0.71830 - 0.71730

» TP ZONE 0.72390 - 0.72490

Aim at 0.7239. 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 0.7220 AND 0.7217).

AUDUSD Technical Outlook
NZDUSD

🕝 7 Hours 56 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 0.58760

» STOP SELL 0.58940 - 0.59050

» TP ZONE0.58220 - 0.58110

Towards 0.5833. The price stands above its 20 period moving average (0.5856) but below its 50 period moving average (0.5857).

NZDUSD Technical Outlook

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USDCHF

🕝 7 Hours 55 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 0.81060

» STOP SELL 0.81260 - 0.81390

» TP ZONE0.80440 - 0.80320

0.8057 expected. the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The price stands below its 20 and 50 period moving average (respectively at 0.8092 and 0.8097).

USDCHF Technical Outlook
EURGBP

🕝 7 Hours 54 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 0.85960

» STOP SELL 0.86050 - 0.86100

» TP ZONE0.85750 - 0.85700

0.8575 in sight. The market continues to navigate between key technical levels.

EURGBP Technical Outlook
EURJPY

🕝 7 Hours 52 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 179.916

» STOP SELL 180.604 - 181.013

» TP ZONE177.726 - 177.319

177.73 in sight. the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The price stands below its 20 and 50 period moving average (respectively at 179.03 and 178.82).

EURJPY Technical Outlook

GBPCHF

🕝 7 Hours 44 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 1.09550

» STOP BUY 1.09380 - 1.09280

» TP ZONE 1.09960 - 1.10060

Throwback or further upside? The chart structure suggests the instrument is coiling ahead of a potentially significant MOVE.

GBPCHF Technical Outlook
GBPJPY

🕝 7 Hours 49 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 208.735

» STOP SELL 209.563 - 210.056

» TP ZONE206.786 - 206.294

Expect 206.79. the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The price stands below its 20 and 50 period moving average (respectively at 208.54 and 208.32).

GBPJPY Technical Outlook
XAUUSD

🕝 7 Hours 47 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Below 4398.03

» STOP BUY 4449.51 - 4462.35

» TP ZONE 4260.15 - 4229.54

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. The price stands below its 20 and 50 period moving average (respectively at 4,377 AND 4,399).

XAUUSD Technical Outlook

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