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DAILY TRADE IDEA & FORECASTS

EURUSD

🕝 13 Minutes 27 Secs ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE 1.1586

» STOP BUY 1.1563 - 1.1550

» TP ZONE 1.1641 - 1.1655

Key resistance level approaches. The chart structure suggests the instrument is coiling ahead of a potentially significant move.

EURUSD Technical Outlook
GBPUSD

🕝 11 Minutes 27 Secs ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE 1.34980

» STOP BUY 1.34720 - 1.34570

» TP ZONE 1.35720 - 1.35870

Watch 1.3572. 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 1.3530 AND 1.3515).

GBPUSD Technical Outlook
USDJPY

🕝 9 Minutes 27 Secs ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE 155.726

» STOP BUY 155.415 - 155.229

» TP ZONE 156.532 - 156.718

Expect 156.53. the RSI is above its neutrality area at 50. The price stands above its 20 period moving average (155.82) but below its 50 period moving average (156.21).

USDJPY Technical Outlook

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USDCAD

🕝 1 Day 17 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 1.3871

» STOP SELL 1.3810-1.3796

» TP ZONE1.3896-1.3911

Watch 0.8102 OUR PIVOT POINT IS AT 0.8147.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 0.8128 and 0.8133). The USD/CHF is trading below its lower Bollinger BAND (STANDING AT 0.8121).

USDCAD Technical Outlook
AUDUSD

🕝 6 Minutes 27 Secs ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE 0.71800

» STOP BUY 0.71630 - 0.71530

» TP ZONE 0.72180 - 0.72270

Target level as a potential turning point. As prices near our first target, a throwback could occur, though a clean break above could fuel FURTHER GAINS.

AUDUSD Technical Outlook
NZDUSD

🕝 27 Seconds ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE 0.58690

» STOP BUY 0.58510 - 0.58410

» TP ZONE 0.59090 - 0.59190

Watching for a Trigger Above Resistance. 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.

NZDUSD Technical Outlook

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USDCHF

🕝 1 Day 23 Minutes ago

⇳ SENTIMENT NEUTRAL

» OUR PREFERENCE SELL

» SELL ZONE Below 0.8147

» STOP SELL 0.8166-0.8166

» TP ZONE0.8102-0.8090

Watch 0.8102 OUR PIVOT POINT IS AT 0.8147.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 0.8128 and 0.8133). The USD/CHF is trading below its lower Bollinger BAND (STANDING AT 0.8121).

USDCHF Technical Outlook
EURGBP

🕝 1 Day 14 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 0.8586

» STOP BUY 0.8577-0.8572

» TP ZONE 0.8606-0.8611

Target 0.8606 OUR PIVOT POINT IS AT 0.8586.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 0.8593 and 0.8585)

EURGBP Technical Outlook
EURJPY

🕝 1 Day 8 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 183.338

» STOP SELL 182.602-182.476

» TP ZONE183.550-183.667

the RSI is oversold OUR PIVOT POINT IS AT 183.34. 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 183.84 and 184.39). The EUR/JPY is trading below its lower Bollinger band (standing at 183.15).

EURJPY Technical Outlook

GBPCHF

🕝 1 Day 4 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 1.0981

» STOP SELL 1.0946-1.0975

» TP ZONE1.1023-1.1033

On the edge of pivot level OUR PIVOT POINT IS AT 1.0981. The price is dangerously moving towards our pivot, one of the final opportunities for a REVERSAL.

GBPCHF Technical Outlook
GBPJPY

🕝 23 Hours 54 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 213.374

» STOP SELL 213.640-213.798

» TP ZONE212.484-212.326

the RSI is oversold OUR PIVOT POINT IS AT 213.37.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 213.95 and 214.78). The GBP/JPY is trading below its lower Bollinger band (standing at 213.13).

GBPJPY Technical Outlook
XAUUSD

🕝 23 Hours 51 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 4326.81

» STOP BUY 4277.22-4247.70

» TP ZONE 4439.65-4469.27

Throwback or further upside? OUR PIVOT POINT IS AT 4,327.Price is consolidating just below a key resistance level, setting the stage for an upside ATTEMPT.

XAUUSD Technical Outlook

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