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DAILY TRADE IDEA & FORECASTS

EURUSD

🕝 17 Hours 50 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 1.1390

» STOP BUY 1.1368-1.1354

» TP ZONE 1.1479-1.1493

Key resistance level approaches OUR PIVOT POINT IS AT 1.1390. OUR PREFERENCE: As long as 1.1479 IS SUPPORT, LOOK FOR 1.1493 ALTERNATIVE SCENARIO: BELOW 186.06, EXPECT 185.71 AND 185.50. COMMENT: Prices are now within reach of our first target, a level that could invite the price to consolidate. On the flip side, a clear break above it may well sustain the upward move. Supports AND RESISTANCES.

EURUSD Technical Outlook
GBPUSD

🕝 17 Hours 47 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 1.3285

» STOP BUY 1.3150-1.3229

» TP ZONE 1.3407-1.3428

watch 1.3407 as long as 1.3285 is resistance, expect a return to 1.3345.

GBPUSD Technical Outlook
USDJPY

🕝 17 Hours 45 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 163.85

» STOP SELL 164.13-164.29

» TP ZONE162.99-162.83

Aim at 162.99 OUR PIVOT POINT IS AT 163.86. OUR PREFERENCE: The downside prevails as long as 162.99 is resistance, with 163.66 and 162.83 AS TARGETS ALTERNATIVE SCENARIO: above 1.0898, look FOR 1.0916 AND 1.0927. COMMENT: The MACD is above its signal LINE AND NEGATIVE. SUPPORTS AND RESISTANCES: 163.60.

USDJPY Technical Outlook

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USDCAD

🕝 17 Hours 44 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 1.4093

» STOP SELL 1.4116-1.4130

» TP ZONE1.4013-1.4000

1.4013 in sight, As long as 1.4093 is resistance, likely decline to 1.4056.

USDCAD Technical Outlook
AUDUSD

🕝 17 Hours 42 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 0.6927

» STOP BUY 0.6909-0.6897

» TP ZONE 0.7007-0.7018

Watch 0.7007, A break below 0.6927 would trigger a drop towards 0.6992.

AUDUSD Technical Outlook
NZDUSD

🕝 17 Hours 40 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 0.5770

» STOP BUY 0.5753-0.5743

» TP ZONE 0.5841-0.5851

Target 0.5841 our pivot point stands at 0.5770 The RSI is below 50. The MACD is below its signal line to expect further downside. Moreover, the pair is trading under its 20 period moving average (0.5794) but above its 50 period moving average (0.5786).

NZDUSD Technical Outlook

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USDCHF

🕝 17 Hours 39 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 0.8203

» STOP SELL 0.8224-0.8236

» TP ZONE0.8125-0.8113

Watching for a Trigger Above Resistance OUR PIVOT POINT IS AT 0.8203. OUR PREFERENCE: The upside prevails as long as 0.8224 is support, with 0.8224 and 0.8224 AS TARGETS ALTERNATIVE SCENARIO: below 0.6975, expect 0.6956 AND 0.6945. COMMENT: Price is consolidating just below a key resistance level, setting the stage for an upside.

USDCHF Technical Outlook
EURGBP

🕝 17 Hours 37 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 0.5661

» STOP BUY 0.8547-0.8539

» TP ZONE 0.8590-0.8598

0.8590 in sight OUR PIVOT POINT IS AT 0.8561. OUR PREFERENCE: Look for a DROP TOWARDS 0.8521 BEFORE A BOUNCE ALTERNATIVE SCENARIO: BELOW 0.8521, EXPECT 0.8508 AND 0.8501. 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 0.8575 and 0.8571).

EURGBP Technical Outlook
EURJPY

🕝 17 Hours 33 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 0.8561

» STOP BUY 0.8347-0.8539

» TP ZONE 0.8590-0.8598

0.8590 in sight OUR PIVOT POINT IS AT 0.8561. OUR PREFERENCE: Look for a DROP TOWARDS 0.8521 BEFORE A BOUNCE ALTERNATIVE SCENARIO: BELOW 0.8521, EXPECT 0.8508 AND 0.8501. 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 0.8575 and 0.8571).

EURJPY Technical Outlook

GBPCHF

🕝 17 Hours 32 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 1.0873

» STOP BUY 1

» TP ZONE 1.0855-1.0845

Watch 1.0918 , A break below 1.0873 would trigger a drop towards 1.0918.

GBPCHF Technical Outlook
GBPJPY

🕝 17 Hours 30 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 217.80

» STOP BUY 217.28-216.97

» TP ZONE 219.18-219.49

219.18 in sight OUR PIVOT POINT IS AT 217.81 . OUR PREFERENCE: Target 217.81 ALTERNATIVE SCENARIO: above 217.81 , look for 217.81 AND 217.81 . COMMENT: The technical picture suggests holding the setup and awaiting price action. Supports and RESISTANCES:

GBPJPY Technical Outlook
XAUUSD

🕝 17 Hours 28 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 4052.38

» STOP BUY 4015.65-3993.00

» TP ZONE 4160.38-4182.43

Look for a drop towards 0.4160 before a bounce our pivot point is at 0.4052, The RSI is above its neutrality area at 50. The MACD is below its singal line and negative. The penetration of 50 on the RSI should trigger further losses. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.4067 and 0.4043).

XAUUSD Technical Outlook

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