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DAILY TRADE IDEA & FORECASTS

EURUSD

🕝 1 Day 2 Hours ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 1.0865

» STOP SELL 1.0880-1.0895

» TP ZONE1.0825-1.0895

Key resistance at 1.0865, As long as 1.0865 is resistance look for choppy price action with a bearish bias.

EURUSD Technical Outlook
GBPUSD

🕝 1 Day 2 Hours ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 1.2885

» STOP SELL 1.2910-1.2935

» TP ZONE1.2835-1.2810

Watch 1.2835, A break below 1.2835 would trigger a drop towards 1.2810.

GBPUSD Technical Outlook
USDJPY

🕝 1 Day 2 Hours ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 152.80

» STOP BUY 152.00-151.30

» TP ZONE 154.90-155.50

Bullish bias above 152.80, The break above 152.80 is a positive singal that has opened a path to 154.90.

USDJPY Technical Outlook

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USDCAD

🕝 1 Day 2 Hours ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 1.3805

» STOP BUY 1.3790-1.3775

» TP ZONE 1.3830-1.3845

Bullish bias above 1.3805, The next registance are at 1.3830 and then at 1.3845.

USDCAD Technical Outlook
AUDUSD

🕝 1 Day 2 Hours ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 0.6560

» STOP SELL 0.6575-0.6590

» TP ZONE0.6530-0.6515

Key resistance at 0.6560, The upward potential is likely to be limited by the resistance at 06560.

AUDUSD Technical Outlook
NZDUSD

🕝 1 Day 2 Hours ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 0.5875

» STOP BUY 0.5856-0.5844

» TP ZONE 0.5916-0.5928

Rebound 0.5875 is our pivot point, The RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the price is trading above its 20 period moving average (0.5889) but under its 50 period moving average (0.5901).

NZDUSD Technical Outlook

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USDCHF

🕝 23 Hours 28 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 0.8790

» STOP BUY 0.8775-0.8760

» TP ZONE 0.8830-0.8845

The upside prevails, The RSI lacks downward momentum.

USDCHF Technical Outlook
EURGBP

🕝 23 Hours 24 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 0.8429

» STOP BUY 0.8417-0.8410

» TP ZONE 0.8456-0.8463

As long as 0.8429 is support look for 0.8463 our pivot point stands at 0.8429, The RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.8439 and 0.8428)..

EURGBP Technical Outlook
EURJPY

🕝 23 Hours 21 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 166.46

» STOP BUY 165.83-165.46

» TP ZONE 167.82-168.19

As long as 166.46 is support look for 168.19 our pivot point stands at 166.46, The RSI is above 50. The MACD is below its singal line and positive. The price is above its 20 and 50 period moving average(respectively at 166.91 and 166.35).

EURJPY Technical Outlook

GBPCHF

🕝 23 Hours 8 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 1.1371

» STOP SELL 1.1398-1.1414

» TP ZONE1.1306-1.1290

The RSI is oversold our pivot point stands at 1.1371, The RSI is below 30. Its could either mean that the pair is in a lasting downtrend or just oversold and therefore bound to retrace (look for bullish divergence in this case). The MACD is negative and below its signal line. The configaration is negative. Moreover, the price tranding under both its 20 and 50 period moving average (respectively at 1.1391 and 1.1418). Finally, the GBP/CHF has penetrated its lower Bollinger band (1.1349).

GBPCHF Technical Outlook
GBPJPY

🕝 23 Hours 3 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 197.23

» STOP BUY 196.51-196.08

» TP ZONE 198.80-199.23

As long as 197.23 is support look for 199.23 our pivot point stands at 197.23, The RSI is above 50. The MACD is below its singal line and positive. The pair could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 197.76 and 197.37).

GBPJPY Technical Outlook
XAUUSD

🕝 23 Hours 1 Minute ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 2362.00

» STOP BUY 2353.00-2340.00

» TP ZONE 2382.00-2396.00

Towards 2396.00, The RSI is mixed with a bullish bias.

XAUUSD Technical Outlook

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