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DAILY TRADE IDEA & FORECASTS

EURUSD

🕝 17 Hours 54 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 1.1722

» STOP BUY 1.1660-1.1635

» TP ZONE 1.1750-1.1775

The bias remains bullish, A support base at 1.1685 has formed and has allowed for a temporary stabilisation.

EURUSD Technical Outlook
GBPUSD

🕝 17 Hours 21 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 1.3745

» STOP SELL 1.3770-1.3800

» TP ZONE1.3685-1.3660

Capped by a negtive trend line, Even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.

GBPUSD Technical Outlook
USDJPY

🕝 17 Hours 18 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 144.20

» STOP BUY 143.90-143.70

» TP ZONE 144.90-145.20

Caution, Intraday techniacal indicators are mixed and call for caution.

USDJPY Technical Outlook

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USDCAD

🕝 17 Hours 12 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 1.3665

» STOP BUY 1.3640-1.3615

» TP ZONE 1.3720-1.3740

Consolidation, A support base at 1.3665 has formed and has alowed for a temporary stabilisation.

USDCAD Technical Outlook
AUDUSD

🕝 17 Hours 9 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 0.6550

» STOP SELL 0.6515-0.6500

» TP ZONE0.6565-0.6580

Key resistance at 0.6550, As long as 0.6550 is resistance, likely decline to 0.6515.

AUDUSD Technical Outlook
NZDUSD

🕝 17 Hours 3 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 0.6036

» STOP BUY 0.6009-0.5994

» TP ZONE 0.6097-0.6112

Our next up target stands at 0.6112 our pivot point is at 0.6036, The RSI is above its neutrality area at 50. The MACD is above its singal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.6055 and 0.6061).

NZDUSD Technical Outlook

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USDCHF

🕝 17 Hours 1 Minute ago

⇳ SENTIMENT NEUTRAL

» OUR PREFERENCE SELL

» SELL ZONE Below 0.8005

» STOP SELL 0.8020-0.8040

» TP ZONE0.7955-0.7940

Under pressure, As long as 0.8005 is resistance, look for choppy price action with a bearish bias.

USDCHF Technical Outlook
EURGBP

🕝 16 Hours 57 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 0.8532

» STOP BUY 0.8516-0.8507

» TP ZONE 0.8565-0.8575

As long as 0.8532 is support look for 0.8575 our pivot point is at 0.8532 , The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.8545 and 0.8530).

EURGBP Technical Outlook
EURJPY

🕝 16 Hours 48 Minutes ago

⇳ SENTIMENT BULLISH

» WE PREFER BUY

» BUY ZONE Above 169.08

» STOP BUY 168.66-168.41

» TP ZONE 170.06-170.31

As long as 169.09 is support look for 170.31our pivot point is at 169.09, The RSI is above is neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (169.50) but above its 50 period moving average (169.24)..

EURJPY Technical Outlook

GBPCHF

🕝 16 Hours 41 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 1.1008

» STOP SELL 1.1036-1.1053

» TP ZONE1.0942-1.0925

The downside prevails as long as 1.1008 is resistance our pivot point is at 1.1008, The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Morover, the price is stands below its 20 and 50 period moving average (respectively at 1.0995 and 1.0990). Finally, the GBP/CHF is trading below its lower Bollinger band (standing at 1.0983).

GBPCHF Technical Outlook
GBPJPY

🕝 16 Hours 35 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 198.92

» STOP SELL 199.60-200.00

» TP ZONE197.44-197.03

The downside prevails as long as 198.92 is resistance our pivot point is at 198.92, 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 198.38 and 198.39).

GBPJPY Technical Outlook
XAUUSD

🕝 16 Hours 32 Minutes ago

⇳ SENTIMENT BEARISH

» OUR PREFERENCE SELL

» SELL ZONE Below 3290.00

» STOP SELL 3315.00-3335.00

» TP ZONE3245.00-3225.00

Caution, the RSI is mixed and calls for caution.

XAUUSD Technical Outlook

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