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DAILY TRADE IDEA & FORECASTS

EURUSD

🕝 8 Hours 56 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 1.1670

» STOP SELL 1.1690-1.1710

» TP ZONE1.1630-1.1610

Watch 1.1630, A break below 1.1630 would trigger a drop towards 1.1610.

EURUSD Technical Outlook
GBPUSD

🕝 8 Hours 55 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 1.3460

» STOP SELL 1.3480-1.3500

» TP ZONE1.3415-1.3395

consolidation in place, the RSI lacks momentum.

GBPUSD Technical Outlook
USDJPY

🕝 8 Hours 53 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 147.30

» STOP BUY 147.00-146.70

» TP ZONE 148.00-148.30

Bullish bias above 147.30, Even though a continuation of the consolidation cannot be ruled out, its extend should be limited.

USDJPY Technical Outlook

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USDCAD

🕝 8 Hours 52 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 1.3730

» STOP BUY 1.3710-1.3690

» TP ZONE 1.3770-1.3790

Further upside, The RSI calls for a new upleg.

USDCAD Technical Outlook
AUDUSD

🕝 8 Hours 51 Minutes ago

⇳ SENTIMENT NEUTRAL

» OUR PREFERENCE SELL

» SELL ZONE Below 0.6540

» STOP SELL 0.6555-0.6570

» TP ZONE0.6500-0.6485

Under pressure, the RSI calls for a drop.

AUDUSD Technical Outlook
NZDUSD

🕝 8 Hours 49 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 0.5967

» STOP SELL 0.5985-0.5996

» TP ZONE0.5929-0.5918

The downside prevails as long as 0.5967 is resistance 0.5967 is our pivot point, The RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its both its 20 and 50 period moving average (respectively at 0.5954 and 0.5957).

NZDUSD Technical Outlook

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USDCHF

🕝 8 Hours 47 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 0.8060

» STOP BUY 0.8040-0.8025

» TP ZONE 0.8090-0.8110

Bullish bias above 0.8060, A support base at 0.8060 has formed and has allowed for a temporary stabilisation.

USDCHF Technical Outlook
EURGBP

🕝 8 Hours 41 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 0.8645

» STOP BUY 0.8624-0.8612

» TP ZONE 0.8689-0.8701

Rebound towards 0.8645 our pivot point stands at 0.8624, The RSI is below 50. The MACD is negative and above its singal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 0.8689 and 0.8701)

EURGBP Technical Outlook
EURJPY

🕝 8 Hours 36 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 171.64

» STOP BUY 171.12-170.82

» TP ZONE 172.71-173.09

As long as 171.65 is support look for 173.02 our pivot point is at 171.65, 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 171.92 and 171.90).

EURJPY Technical Outlook

GBPCHF

🕝 8 Hours 32 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 1.0831

» STOP BUY 1.0804-1.0788

» TP ZONE 1.0894-0.9090

The RSI is oversold our pivot point is at 1.0831, The RSI is trading below 30. This could mean that either the pair in in a lasting downtrend or just oversold and that 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 is stands below its 20 and 50 period moving average (respectively at 1.0843 and 1.0833).

GBPCHF Technical Outlook
GBPJPY

🕝 8 Hours 27 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 198.18

» STOP BUY 197.66-197.35

» TP ZONE 199.30-199.61

As long as 198.19 is support look for 199.62 our pivot point is at 198.19, 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 198.65 and 198.31).

GBPJPY Technical Outlook
XAUUSD

🕝 8 Hours 26 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 3392.00

» STOP SELL 3358.00-3350.00

» TP ZONE3408.00-3420.00

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

XAUUSD Technical Outlook

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