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DAILY TRADE IDEA & FORECASTS

EURUSD

🕝 19 Hours 5 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 1.1358

» STOP BUY 1.1335-1.1322

» TP ZONE 1.1414-1.1427

Look for 1.1414 OUR PIVOT POINT IS AT 1.1358. OUR PREFERENCE: The upside prevails as long as 1.1358 is support, with 1.1414 and 1.1427 AS TARGETS. ALTERNATIVE SCENARIO: below 1.1358, expect 1.1335 AND 1.1322. COMMENT: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price is below its 20 period moving average (1.1389) but above its 50 PERIOD MOVING AVERAGE (1.1377). SUPPORTS AND RESISTANCES:

EURUSD Technical Outlook
GBPUSD

🕝 19 Hours 4 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 1.3276

» STOP BUY 1.3241-1.3220

» TP ZONE 1.3353-1.3373

Risk escalating OUR PIVOT POINT IS AT 1.3276. OUR PREFERENCE: The upside prevails as long as 1.3276 is support, with 1.3353 and 1.3373 AS TARGETS. ALTERNATIVE SCENARIO: below 1.3276, expect 1.3241 AND 1.3220. COMMENT: The asset price is approaching our pivot level, which represents one of the last opportunities for the asset to reverse its recent trend. Supports and RESISTANCES:

GBPUSD Technical Outlook
USDJPY

🕝 19 Hours 1 Minute ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 163.48

» STOP BUY 163.21-163.05

» TP ZONE 164.12-164.28

164.12 expected OUR PIVOT POINT IS AT 163.49. OUR PREFERENCE: The upside prevails as long as 163.49 is support, with 164.12 and 164.28 AS TARGETS. ALTERNATIVE SCENARIO: below 163.49, expect 163.21 AND 163.05. COMMENT: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The price is above its 20 and 50 period moving average (respectively at 163.81 AND 163.80). SUPPORTS AND RESISTANCES:

USDJPY Technical Outlook

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USDCAD

🕝 19 Hours 26 Seconds ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 1.4125

» STOP SELL 1.4148-1.4162

» TP ZONE1.4069-1.4056

1.4069 expected OUR PIVOT POINT IS AT 1.4125. OUR PREFERENCE: The downside prevails as long as 1.4125 is resistance, with 1.4069 and 1.4056 AS TARGETS. ALTERNATIVE SCENARIO: above 1.4125, look FOR 1.4148 AND 1.4162. COMMENT: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The price stands above its 20 period moving average (1.4102) but below its 50 period moving average (1.4111). SUPPORTS AND RESISTANCES:

USDCAD Technical Outlook
AUDUSD

🕝 18 Hours 59 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 0.6990

» STOP SELL 0.7009-0.7020

» TP ZONE0.6947-0.6936

Target 0.6947 OUR PIVOT POINT IS AT 0.6990. OUR PREFERENCE: The downside prevails as long as 0.6990 is resistance, with 0.6947 and 0.6936 AS TARGETS. ALTERNATIVE SCENARIO: above 0.6990, look FOR 0.7009 AND 0.7020. COMMENT: The MACD is below its signal line and negative. The price stands above its 20 period moving average (0.6976) but below its 50 period moving AVERAGE (0.6976). SUPPORTS AND RESISTANCES:

AUDUSD Technical Outlook
NZDUSD

🕝 18 Hours 57 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 0.5757

» STOP BUY 0.5739-0.5729

» TP ZONE 0.5794-0.5804

Watching for a Trigger Above Resistance OUR PIVOT POINT IS AT 0.5757. OUR PREFERENCE: Rebound TOWARDS 0.5804. ALTERNATIVE SCENARIO: below 0.5757, expect 0.5739 AND 0.5729. COMMENT: With prices now approaching our initial target, this level may prompt a throwback. That said, a decisive break above it could also act as a catalyst for FURTHER UPSIDE. SUPPORTS AND RESISTANCES:

NZDUSD Technical Outlook

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USDCHF

🕝 18 Hours 55 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 0.8203

» STOP SELL 0.8224-0.8236

» TP ZONE0.8145-0.8133

Pivot threshold in sight OUR PIVOT POINT IS AT 0.8203. OUR PREFERENCE: The downside prevails as long as 0.8203 is resistance, with 0.8145 and 0.8133 AS TARGETS. ALTERNATIVE SCENARIO: above 0.8203, look FOR 0.8224 AND 0.8236. COMMENT: The asset is now hovering dangerously close to our pivot, representing a pivotal moment that could be among the last opportunities for a trend REVERSAL. SUPPORTS AND RESISTANCES:

USDCHF Technical Outlook
EURGBP

🕝 18 Hours 32 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 0.8561

» STOP BUY 0.8547-0.8639

» TP ZONE 0.8590-0.8598

as long as 0.8561 is support look for 0.8598 Our pivot point stands at 0.8561. the RSI is above 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.8570 and 0.8560).

EURGBP Technical Outlook
EURJPY

🕝 18 Hours 30 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 186.06

» STOP BUY 185.71-185.50

» TP ZONE 186.85-18706

Target 186.85 OUR PIVOT POINT IS AT 186.06. OUR PREFERENCE: As long as 186.06 IS SUPPORT, LOOK FOR 187.06. ALTERNATIVE SCENARIO: BELOW 186.06, EXPECT 185.71 AND 185.50. COMMENT: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price is below its 20 period moving average (186.57) but above its 50 period moving average (186.39). SUPPORTS AND RESISTANCES:

EURJPY Technical Outlook

GBPCHF

🕝 18 Hours 29 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 1.0873

» STOP BUY 1.0855-1.0845

» TP ZONE 1.0913-1.0924

Towards 1.0913 OUR PIVOT POINT IS AT 1.0873. OUR PREFERENCE: The upside prevails as long as 1.0873 is support, with 1.0913 and 1.0924 AS TARGETS. ALTERNATIVE SCENARIO: below 1.0873, expect 1.0855 AND 1.0845. COMMENT: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price is below its 20 period moving average (1.0892) but above its 50 PERIOD MOVING AVERAGE (1.0886). SUPPORTS AND RESISTANCES:

GBPCHF Technical Outlook
GBPJPY

🕝 18 Hours 27 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 218.08

» STOP SELL 218.60-218.91

» TP ZONE216.99-216.68

Target 217.00 OUR PIVOT POINT IS AT 218.08. OUR PREFERENCE: The downside prevails as long as 218.08 is resistance, with 217.00 and 216.69 AS TARGETS. ALTERNATIVE SCENARIO: above 218.08, look FOR 218.61 AND 218.92. COMMENT: 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 217.71 and 217.74). The GBP/JPY is trading below its lower Bollinger band (standing at 217.57).

GBPJPY Technical Outlook
XAUUSD

🕝 18 Hours 25 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 4051

» STOP SELL 4081-4098

» TP ZONE3982-3964

Towards 3,982 OUR PIVOT POINT IS AT 4,052. OUR PREFERENCE: The downside prevails as long as 4,052 is resistance, with 3,982 and 3,965 AS TARGETS. ALTERNATIVE SCENARIO: above 4,052, look for 4,081 AND 4,099. COMMENT: 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 4,027 AND 4,034). SUPPORTS AND RESISTANCES:

XAUUSD Technical Outlook

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