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DAILY TRADE IDEA & FORECASTS

EURUSD

🕝 12 Hours 28 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 1.17960

» STOP SELL 1.18400-1.18250

» TP ZONE1.17750-1.17600

expect 1.1775, a break below 1.1775 would trigger a drop towards 1.1760.

EURUSD Technical Outlook
GBPUSD

🕝 12 Hours 24 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below -1.36600

» STOP SELL 1.37100-1.36850

» TP ZONE1.35900-1.35500

towards 1.3590, the RSI lacks upward mementum.

GBPUSD Technical Outlook
USDJPY

🕝 12 Hours 22 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 156.600

» STOP BUY 156.400-156.100

» TP ZONE 157.700-157.400

157.10 in sight, the RSI calls for a new upleg.

USDJPY Technical Outlook

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USDCAD

🕝 12 Hours 21 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above -1.36550

» STOP BUY 1.36400-1.369250

» TP ZONE 1.37400-1.37000

look for 1.3700, the RSI lacks downward momentum.

USDCAD Technical Outlook
AUDUSD

🕝 12 Hours 19 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 0.70100

» STOP SELL 0.70500-0.70300

» TP ZONE0.69350-0.68900

key resistance at 0.7010, as long as the resistance at 0.7010 is not surpassed, the risk of the break below 0.6935 remains high.

AUDUSD Technical Outlook
NZDUSD

🕝 11 Hours 41 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 0.60040

» STOP SELL 0.60370-0.60250

» TP ZONE0.59570-0.59450

the downside prevails as long as 0.6004 is resistnace, our pivot point is at 0.6004 our preference, the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 0.5990 and 0.6003).

NZDUSD Technical Outlook

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USDCHF

🕝 11 Hours 40 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 0.77650

» STOP BUY 0.77500-0.77350

» TP ZONE 0.78150-0.7800

further upside, the RSI is bullish and calls for further upside.

USDCHF Technical Outlook
EURGBP

🕝 11 Hours 32 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 0.86640

» STOP BUY 0.86520-0.86440

» TP ZONE 0.87160-0.87080

the RSI is overbought, the RSI is above 70. It could mean either that the price is in a lasting uptrend or just overbought and therefore bound to correct (look for bearish divergence in this case). The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average ( respectively at 0.8656 and 0.8642). Finally, the EUR/GBP is trading above its upper Bollinger band.

EURGBP Technical Outlook
EURJPY

🕝 11 Hours 36 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 184.896

» STOP BUY 184.427-184.148

» TP ZONE 186.552-186.273

the upside prevails as long as 184.90 is support, our pivot point is at 184.90 our preference, the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 185.10 and 185.08).

EURJPY Technical Outlook

GBPCHF

🕝 11 Hours 28 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 1.05880

» STOP SELL 1.06220-1.06090

» TP ZONE1.05310-1.05180

the RSI is oversold, 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 configuration is negative. Moreover, the price stands below its 20 and 50 period moving average ( respectively at 1.0597 and 1.0612). Finally, the GBP/CHF is trading below its lower Bollinger.

GBPCHF Technical Outlook
GBPJPY

🕝 11 Hours 26 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 213.516

» STOP SELL 214.739-214.460

» TP ZONE212.789-212.510

the downside prevails as long as 213.99 is resistance our pivot point is at 213.99 our preference, the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average ( respectively at 213.84 and 214.16). Supports and Resistances.

GBPJPY Technical Outlook
XAUUSD

🕝 11 Hours 24 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 5020.00

» STOP SELL 5170.00-5090.00

» TP ZONE4820.00-4745.00

key resistance at 5020 is resistance, look for choppy price action with a bearish bias.

XAUUSD Technical Outlook

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