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DAILY TRADE IDEA & FORECASTS

EURUSD

🕝 2 Hours 5 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 1.1685

» STOP SELL 1.1707-1.1720

» TP ZONE1.1634-1.1621

intraday : 1.1634 expected OUR PIVOT POINT IS AT 1.1685. OUR PREFERENCE: The downside prevails as long as 1.1685 is resistance, with 1.1634 and 1.1621 AS TARGETS. ALTERNATIVE SCENARIO: above 1.1685, look FOR 1.1707 AND 1.1720. 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 1.1664 and 1.1669).

EURUSD Technical Outlook
GBPUSD

🕝 2 Hours 4 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 1.3657

» STOP SELL 1.3690-1.3709

» TP ZONE1.3580-1.3561

Target 1.3580 OUR PIVOT POINT IS AT 1.3657. OUR PREFERENCE: The downside prevails as long as 1.3657 is resistance, with 1.3580 and 1.3561 AS TARGETS. ALTERNATIVE SCENARIO: above 1.3657, look FOR 1.3690 AND 1.3709. 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 1.3633 and 1.3637).

GBPUSD Technical Outlook
USDJPY

🕝 2 Hours 3 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 158.66

» STOP BUY 158.34-158.14

» TP ZONE 159.42-159.62

Gains at stake near target OUR PIVOT POINT IS AT 158.67. OUR PREFERENCE: The upside prevails as long as 158.67 is support, with 159.43 and 159.62 AS TARGETS. ALTERNATIVE SCENARIO: below 158.67, expect 158.34 AND 158.15. COMMENT: Prices are now closing in on our first target. Should this level hold, a throwback is likely to emerge; however, a convincing break above it could open the DOOR TO ADDITIONAL UPSIDE.

USDJPY Technical Outlook

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USDCAD

🕝 2 Hours 1 Minute ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 1.3799

» STOP BUY 1.3775-1.3761

» TP ZONE 1.3860-1.3874

Key resistance level approaches OUR PIVOT POINT IS AT 1.3799. OUR PREFERENCE: The upside prevails as long as 1.3799 is support, with 1.3860 and 1.3874 AS TARGETS. ALTERNATIVE SCENARIO: below 1.3799, expect 1.3775 AND 1.3761. COMMENT: The approach toward our first target is a key moment to watch, it may trigger a throwback, yet a firm close above this threshold could provide the momentum needed TO PUSH THE ASSET PRICE HIGHER.

USDCAD Technical Outlook
AUDUSD

🕝 2 Hours 29 Seconds ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 0.7134

» STOP BUY 0.7116-0.7105

» TP ZONE 0.7173-0.7183

Expect 0.7173 OUR PIVOT POINT IS AT 0.7134. OUR PREFERENCE: Rebound TOWARDS 0.7183. ALTERNATIVE SCENARIO: below 0.7134, expect 0.7116 AND 0.7105. COMMENT: The price stands above its 20 period moving average (0.7150) but below its 50 period moving AVERAGE (0.7158).

AUDUSD Technical Outlook
NZDUSD

🕝 1 Hour 58 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 0.5948

» STOP BUY 0.5931-0.5920

» TP ZONE 0.5989-0.5999

Pivot threshold in sight OUR PIVOT POINT IS AT 0.5948. OUR PREFERENCE: The upside prevails as long as 0.5948 is support, with 0.5989 and 0.5999 AS TARGETS. ALTERNATIVE SCENARIO: below 0.5948, expect 0.5931 AND 0.5920. 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.

NZDUSD Technical Outlook

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USDCHF

🕝 1 Hour 57 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 0.8004

» STOP BUY 0.7982-0.7968

» TP ZONE 0.8055-0.8068

Towards 0.8055 OUR PIVOT POINT IS AT 0.8004. OUR PREFERENCE: The upside prevails as long as 0.8004 is support, with 0.8055 and 0.8068 AS TARGETS. ALTERNATIVE SCENARIO: below 0.8004, expect 0.7982 AND 0.7968. COMMENT: 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 0.8025 and 0.8019). The USD/CHF is trading above its upper Bollinger band (standing at 0.8030).

USDCHF Technical Outlook
EURGBP

🕝 1 Hour 55 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 0.8566

» STOP SELL 0.8574-0.8579

» TP ZONE0.8547-0.8542

Expect 0.8547 OUR PIVOT POINT IS AT 0.8566. OUR PREFERENCE: The downside prevails as long as 0.8566 is resistance, with 0.8547 and 0.8542 AS TARGETS. ALTERNATIVE SCENARIO: above 0.8566, look FOR 0.8574 AND 0.8579. 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 0.8556 and 0.8557).

EURGBP Technical Outlook
EURJPY

🕝 1 Hour 54 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 185.81

» STOP SELL 186.10-186.28

» TP ZONE185.13-184.96

Pivot threshold in sight OUR PIVOT POINT IS AT 185.82. OUR PREFERENCE: The downside prevails as long as 185.82 is resistance, with 185.13 and 184.96 AS TARGETS. ALTERNATIVE SCENARIO: above 185.82, look FOR 186.11 AND 186.28. COMMENT: Price is close to our pivot level; this could be the last opportunity for a REVERSAL.

EURJPY Technical Outlook

GBPCHF

🕝 1 Hour 52 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 1.0915

» STOP BUY 1.0896-1.0885

» TP ZONE 1.0962-1.0974

Aim at 1.0962 OUR PIVOT POINT IS AT 1.0915. OUR PREFERENCE: The upside prevails as long as 1.0915 is support, with 1.0962 and 1.0974 AS TARGETS. ALTERNATIVE SCENARIO: below 1.0915, expect 1.0896 AND 1.0885. 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 1.0927 AND 1.0926).

GBPCHF Technical Outlook
GBPJPY

🕝 1 Hour 49 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 216.45

» STOP BUY 215.94-215.64

» TP ZONE 217.50-217.80

Towards 217.50 OUR PIVOT POINT IS AT 216.45. OUR PREFERENCE: The upside prevails as long as 216.45 is support, with 217.50 and 217.81 AS TARGETS. ALTERNATIVE SCENARIO: below 216.45, expect 215.94 AND 215.64. 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 216.96 and 216.94). The GBP/JPY is trading above its upper Bollinger band (standing at 217.11).

GBPJPY Technical Outlook
XAUUSD

🕝 1 Hour 47 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 4624

» STOP BUY 4572-4540

» TP ZONE 4741-4772

Trend at a crossroads OUR PIVOT POINT IS AT 4,625. OUR PREFERENCE: The upside prevails as long as 4,625 is support, with 4,741 and 4,773 as TARGETS. ALTERNATIVE SCENARIO: below 4,625, expect 4,572 AND 4,541. COMMENT: The asset price is approaching our pivot level, which represents one of the last opportunities for the ASSET TO REVERSE ITS RECENT TREND.

XAUUSD Technical Outlook

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