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DAILY TRADE IDEA & FORECASTS

EURUSD

🕝 20 Hours 4 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 1.1668

» STOP BUY 1.1649-1.1638

» TP ZONE 1.1711-1.1723

Pivot threshold in sight OUR PIVOT POINT IS AT 1.1668. OUR PREFERENCE: The upside prevails as long as 1.1668 is support, with 1.1711 and 1.1723 AS TARGETS ALTERNATIVE SCENARIO: below 1.1668, expect 1.1649 AND 1.1638. COMMENT: The asset's price is approaching our pivot level at a critical juncture, leaving little room for the asset to reverse its current trajectory. Supports and RESISTANCES:

EURUSD Technical Outlook
GBPUSD

🕝 20 Hours 2 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 1.3657

» STOP SELL 1.3690-1.3709

» TP ZONE1.3580-1.3561

Trend at a crossroads 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: Price is almost testing our pivot level; this may be the last chance for a REVERSAL. SUPPORTS AND RESISTANCES:

GBPUSD Technical Outlook
USDJPY

🕝 19 Hours 56 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 158.66

» STOP BUY 158.34-158.14

» TP ZONE 159.42-159.62

Look for 159.43 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: 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 158.96 AND 158.89). SUPPORTS AND RESISTANCES: 158.01

USDJPY Technical Outlook

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USDCAD

🕝 19 Hours 53 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 1.3774

» STOP BUY 1.3751-1.3737

» TP ZONE 1.3822-1.3836

The upside prevails as long as 1.3774 is support OUR PIVOT POINT IS AT 1.3774. OUR PREFERENCE: The upside prevails as long as 1.3774 is support, with 1.3822 and 1.3836 AS TARGETS. ALTERNATIVE SCENARIO: below 1.3774, expect 1.3751 AND 1.3737. COMMENT: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. The price is above its 20 and 50 period moving average (respectively at 1.3773 and 1.3766).

USDCAD Technical Outlook
AUDUSD

🕝 19 Hours 50 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 0.7146

» STOP BUY 0.7129-0.7119

» TP ZONE 0.7187-0.7196

intraday : 0.7187 in sight OUR PIVOT POINT IS AT 0.7146. OUR PREFERENCE: The upside prevails as long as 0.7146 is support, with 0.7187 and 0.7196 AS TARGETS. ALTERNATIVE SCENARIO: below 0.7146, expect 0.7129 AND 0.7119. COMMENT: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price is below its 20 period moving average (0.7172) but above its 50 PERIOD MOVING AVERAGE (0.7160).

AUDUSD Technical Outlook
NZDUSD

🕝 19 Hours 48 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 0.5948

» STOP BUY 0.5931-0.5920

» TP ZONE 0.5989-0.5999

Look for 0.5989 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 MACD is below its signal line and POSITIVE.

NZDUSD Technical Outlook

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USDCHF

🕝 19 Hours 42 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 0.7970

» STOP BUY 0.7948-0.7935

» TP ZONE 0.8026-0.8039

intraday : Watch 0.8026 OUR PIVOT POINT IS AT 0.7970. OUR PREFERENCE: Our next up TARGET STANDS AT 0.8039. ALTERNATIVE SCENARIO: below 0.7970, EXPECT 0.7948 AND 0.7935. COMMENT: The MACD is below its signal line and positive. The price is below its 20 period moving average (0.8009) but above its 50 period moving AVERAGE (0.8002).

USDCHF Technical Outlook
EURGBP

🕝 19 Hours 39 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 0.8566

» STOP SELL 0.8574-0.8679

» TP ZONE0.8547-0.8542

intraday : Towards 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 0.8560 and 0.8565).

EURGBP Technical Outlook
EURJPY

🕝 19 Hours 38 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 185.81

» STOP SELL 186.10-186.19

» TP ZONE185.13-184.96

The downside prevails as long as 185.82 is resistance 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: the RSI is below its neutrality area at 50. 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 185.65 AND 185.70).

EURJPY Technical Outlook

GBPCHF

🕝 19 Hours 33 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 1.0894

» STOP BUY 1.0876-1.0865

» TP ZONE 1.0936-1.0947

Pivotal moment OUR PIVOT POINT IS AT 1.0894. OUR PREFERENCE: As long as 1.0894 IS SUPPORT, LOOK FOR 1.0947. ALTERNATIVE SCENARIO: BELOW 1.0894, EXPECT 1.0876 AND 1.0865. COMMENT: The price is dangerously moving towards our pivot, one of the final OPPORTUNITIES FOR A REVERSAL.

GBPCHF Technical Outlook
GBPJPY

🕝 19 Hours 29 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 1.0894

» STOP BUY 1.0876-1.0865

» TP ZONE 1.0936-1.0947

Pivotal moment OUR PIVOT POINT IS AT 1.0894. OUR PREFERENCE: As long as 1.0894 IS SUPPORT, LOOK FOR 1.0947. ALTERNATIVE SCENARIO: BELOW 1.0894, EXPECT 1.0876 AND 1.0865. COMMENT: The price is dangerously moving towards our pivot, one of the final OPPORTUNITIES FOR A REVERSAL.

GBPJPY Technical Outlook
XAUUSD

🕝 19 Hours 28 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 4570

» STOP BUY 4533-4511

» TP ZONE 4659-4682

Aim at 4,660 OUR PIVOT POINT IS AT 4,571. OUR PREFERENCE: The upside prevails as long as 4,571 is support, with 4,660 and 4,682 as TARGETS. ALTERNATIVE SCENARIO: below 4,571, expect 4,533 and 4,511. 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 4,615 AND 4,582).

XAUUSD Technical Outlook

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