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DAILY TRADE IDEA & FORECASTS

EURUSD

🕝 18 Hours 44 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 1.1371

» STOP BUY 1.1348-1.1335

» TP ZONE 1.1418-1.1438

the upside prevails as long as 1.1371 is support, our pivot point is at 1.1371 our preference: the RSI is above its 20 and 50 period moving average (respectively ate 1.1377 and 1.1380).

EURUSD Technical Outlook
GBPUSD

🕝 18 Hours 30 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 1.3356

» STOP SELL 1.3390-1.3411

» TP ZONE1.3272-1.3251

Pivot threshold in sight OUR PIVOT POINT IS AT 1.3356.OUR PREFERENCE: The downside prevails as long as 1.3556 is resistance, with 1.3272 and above 1.3356 look 1.3251 AS TARGETSALTERNATIVE SCENARIO: above 1.3356, look FOR 1.3390 AND 1.3411.COMMENT: The asset is now hovering around our pivot, representing a pivotal moment that could be among the last opportunities for a trend.

GBPUSD Technical Outlook
USDJPY

🕝 18 Hours 13 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 163.78

» STOP SELL 164.05-164.21

» TP ZONE163.15-162.99

The downside prevails as long as 163.79 is resistance, Our pivot point stands at 163.79, the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 163.74 and 163.77).

USDJPY Technical Outlook

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USDCAD

🕝 18 Hours 9 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 1.4111

» STOP SELL 1.4134-1.4148

» TP ZONE1.4052-1.4038

Decline at a crossroads OUR PIVOT POINT IS AT 1.4111. OUR PREFERENCE: As long as 1.4111 IS RESISTANCE, LOOK FOR 1.4038 ALTERNATIVE SCENARIO: ABOVE 1.4111, LOOK FOR 1.4134 AND 1.4148. COMMENT: Prices are now within reach of our first target, a level that could trigger a pullback. On the flip side, a decisive break below.

USDCAD Technical Outlook
AUDUSD

🕝 18 Hours 7 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 0.6975

» STOP BUY 0.6956-0.6945

» TP ZONE 0.7019-0.7030

Watching for a Trigger Above Resistance OUR PIVOT POINT IS AT 0.6975. OUR PREFERENCE: The upside prevails as long as 0.6975 is support, with 0.7019 and 0.7030 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.

AUDUSD Technical Outlook
NZDUSD

🕝 18 Hours 4 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 0.5772

» STOP BUY 0.5755-0.5744

» TP ZONE 0.5811-0.5821

Watching for a Trigger Above Resistance OUR PIVOT POINT IS AT 0.5772. OUR PREFERENCE: The upside prevails as long as 0.5772 is support, with 0.5811 and 0.5821 AS TARGETS ALTERNATIVE SCENARIO: below 0.5772, expect 0.5755 AND 0.5744. COMMENT: With prices now approaching our initial target, this level may prompt a throwback. That said, a decisive break above it could also act as a catalyst for further upside.

NZDUSD Technical Outlook

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USDCHF

🕝 18 Hours 8 Seconds ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 0.8167

» STOP SELL 0.8188-0.8201

» TP ZONE0.8111-0.8101

The downside prevails as long as 0.8167 is resistance, Our pivot point stands at 0.8167, the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 0.8171 and 0.8170).

USDCHF Technical Outlook
EURGBP

🕝 17 Hours 56 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 0.8521

» STOP BUY 0.8508-0.8501

» TP ZONE 0.8554-0.8562

0.8554 in sight OUR PIVOT POINT IS AT 0.8521. 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 0.8536 and 0.8541).

EURGBP Technical Outlook
EURJPY

🕝 17 Hours 54 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 186.06

» STOP BUY 185.71-185.50

» TP ZONE 186.85-187.06

Key resistance level approaches OUR PIVOT POINT IS AT 186.06. OUR PREFERENCE: As long as 186.06 IS SUPPORT, LOOK FOR 187.06 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.

EURJPY Technical Outlook

GBPCHF

🕝 17 Hours 51 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 1.0898

» STOP SELL 1.0916-1.0927

» TP ZONE1.0853-1.0842

Aim at 1.0853 OUR PIVOT POINT IS AT 1.0898. OUR PREFERENCE: The downside prevails as long as 1.0898 is resistance, with 1.0853 and 1.0842 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: 1.0927.

GBPCHF Technical Outlook
GBPJPY

🕝 17 Hours 48 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 218.92

» STOP SELL 219.45-219.77

» TP ZONE217.63-217.32

217.64 in sight OUR PIVOT POINT IS AT 218.92. OUR PREFERENCE: Target 217.32 ALTERNATIVE SCENARIO: above 218.92, look for 219.45 AND 219.77. COMMENT: The technical picture suggests holding the setup and awaiting price action. Supports and RESISTANCES:

GBPJPY Technical Outlook
XAUUSD

🕝 17 Hours 45 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 4060

» STOP BUY 4030-4012

» TP ZONE 4126-4144

Watching for a Trigger Above Resistance OUR PIVOT POINT IS AT 4,060. OUR PREFERENCE: The upside prevails as long as 4,060 is support, with 4,127 and 4,145 as TARGETS ALTERNATIVE SCENARIO: below 4,060, expect 4,030 and 4,013. 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. SUPPORTS AND RESISTANCES: 4,180.

XAUUSD Technical Outlook

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