Forex Technical Analysis
Day Session: Tokyo
The prevailing market sentiment for this currency pair is Bearish today. Traders expecting downward movement may consider Short positions if the price falls below the '0.9611'. This breakdown could pave the way towards the first target level 0.9573 and potentially extend to 0.9554. Further downside momentum might even push the price towards 0.9516 by the end of today's trading session.
In contrast, if the price '0.9611' is surpassed, it may suggest a shift in sentiment, prompting traders to consider Long positions. In such a scenario, the price might climb towards the first resistance level 0.9630 and potentially test 0.9668. A stronger increase towards 0.9687 is also possible before the end of today's trading session.
#Daily #EURCHF #Forex Technical Analysis
Note: This part is being updated using Frustrader AI Integration. EURCHF has no update for this session
Forex Technical Analysis
Day Session: Tokyo
The prevailing market sentiment indicates a Bearish bias for this instrument today. Traders who expect downward movement may consider Short positions right after the price dives below the '1.7267'. This breakthrough could lead to the attainment of the first target level 1.7168, coupled with the second target level 1.7116. Further pull might even lead the price towards 1.7017 before the day gets over.
Oppositely, breaking upper the price '1.7267' could indicate a potential reversal, getting traders to consider Long positions. In this format, not only may the price descend towards the first resistance level 1.7319 , but it may also see 1.7418. A more substantial increase towards 1.7471 is also on the way to get the session over.
#Daily #EURAUD #Forex Technical Analysis
Note: This part is being updated using Frustrader AI Integration. EURAUD has no update for this session
Forex Technical Analysis
Day Session: Tokyo
Projections show a Bearish outlook for this currency pair in today's trading. Traders who anticipate downward movement may consider Short positions once the price falls below the '1.9032'. This downward movement could lead to the achievement of the first target 1.8940 and potentially extend to 1.8893. Further downside potential exists, with the price possibly declining towards 1.8802 before the end of today's trading session.
However, should the price rise above the '1.9032', it may indicate a shift in market sentiment, prompting traders to consider Long positions. In such a scenario, the price may advance towards the first resistance level 1.9079 and subsequently level off at 1.9171. A stronger increase towards 1.9217 is also foreseen earlier than today's closing session.
#Daily #EURNZD #Forex Technical Analysis
Note: This part is being updated using Frustrader AI Integration. EURNZD has no update for this session
Forex Technical Analysis
Day Session: Tokyo
This currency pair is expected to have a Bearish bias today. Traders can consider a Short position once the price confirms below the '1.5679'. In that case, the first target price 1.5578 may be reached, as well as the second target price 1.5521. Subsequently, the price may extend further and finally reach 1.5419 by the end of today's market session.
On the other hand, if the price breaks above '1.5679', it may indicate a shift in momentum, leading to a potential Long position. In such a scenario, the price could rise towards the first resistance level 1.5736 and even test 1.5837. Lastly, a stronger increase towards 1.5895 is also possible by the end of today's trading session.
#Daily #EURCAD #Forex Technical Analysis
Note: This part is being updated using Frustrader AI Integration. EURCAD has no update for this session
Forex Technical Analysis
Day Session: Tokyo
Projections show a Bullish outlook for this currency pair in today's trading. Traders who anticipate upward movement may consider Long positions once the price surpasses the '2.0542'. This breakthrough could lead to the achievement of the first target 2.0591 and potentially extend to 2.0677. Further upside potential exists, with the price possibly reaching 2.0726 before the end of today's trading session.
However, should the price breach below the '2.0542', it may indicate a shift in market sentiment, prompting traders to consider Short positions. In such a scenario, the price may retrace towards the first support level 2.0456 and subsequently level off at 2.0407. A sharper decline towards 2.0322 is also foreseen earlier than today's closing session.
#Daily #GBPAUD #Forex Technical Analysis
Note: This part is being updated using Frustrader AI Integration. GBPAUD has no update for this session
Forex Technical Analysis
Day Session: Tokyo
This currency pair is expected to have a Bullish bias today. Traders can consider a Long position once the price confirms above the '2.2644'. In that case, the first target price 2.2687 may be reached, as well as the second target price 2.2765. Subsequently, the price may extend further and finally reach 2.2807 by the end of today's market session.
On the other hand, if the price breaks below '2.2644', it may indicate a shift in momentum, leading to a potential Short position. In such a scenario, the price could decline towards the first support level 2.2566 and even test 2.2523. Lastly, a sharper decrease towards 2.2446 is also possible by the end of today's trading session.
#Daily #GBPNZD #Forex Technical Analysis
Note: This part is being updated using Frustrader AI Integration. GBPNZD has no update for this session
Forex Technical Analysis
Day Session: Tokyo
Projections show a Bullish outlook for this currency pair in today's trading. Traders who anticipate upward movement may consider Long positions once the price surpasses the '1.8650'. This breakthrough could lead to the achievement of the first target 1.8690 and potentially extend to 1.8758. Further upside potential exists, with the price possibly reaching 1.8798 before the end of today's trading session.
However, should the price breach below the '1.8650', it may indicate a shift in market sentiment, prompting traders to consider Short positions. In such a scenario, the price may retrace towards the first support level 1.8582 and subsequently level off at 1.8542. A sharper decline towards 1.8474 is also foreseen earlier than today's closing session.
#Daily #GBPCAD #Forex Technical Analysis
Note: This part is being updated using Frustrader AI Integration. GBPCAD has no update for this session
Forex Technical Analysis
Day Session: Tokyo
This currency pair is expected to have a Bearish bias today. Traders can consider a Short position once the price confirms below the '93.47'. In that case, the first target price 93.10 may be reached, as well as the second target price 92.58. Subsequently, the price may extend further and finally reach 92.22 by the end of today's market session.
On the other hand, if the price breaks above '93.47', it may indicate a shift in momentum, leading to a potential Long position. In such a scenario, the price could rise towards the first resistance level 93.99 and even test 94.36. Lastly, a stronger increase towards 94.87 is also possible by the end of today's trading session.
#Daily #AUDJPY #Forex Technical Analysis
Note: This part is being updated using Frustrader AI Integration. AUDJPY has no update for this session
Forex Technical Analysis
Day Session: Tokyo
The market sentiment for this currency pair suggests a Bearish today. Traders may consider initiating Short positions sooner the price falls below the '84.79'. This confirmation could lead to the achievement of the first target 84.42 before following the second target price 83.96. There is a possibility for the price to decline further and reach 83.58 before the end of today's market session.
Nonetheless, if the price breaks above the '84.79', it may indicate a potential shift in momentum, leading to a Long position. Traders should exercise caution as the price could rise towards the first resistance level 85.25 and potentially test 85.62. A stronger increase towards 86.09 is also possible before the end of today's trading session.
#Daily #NZDJPY #Forex Technical Analysis
Note: This part is being updated using Frustrader AI Integration. NZDJPY has no update for this session
Forex Technical Analysis
Day Session: Tokyo
The market sentiment for this currency pair appears to be Bearish today. Traders may consider initiating Short positions sooner the price falls below the '103.01'. The initial target level 102.39 could be initially attained, coupled with the second target level 101.67. Eventually, there is a chance for the price to advance further and reach 101.05 before the trading day concludes.
Contrarily, breaking above the price '103.01' could evidently signify a potential shift in sentiment, prompting traders to consider Long positions. In such a case, the price might rise towards the first resistance level 103.73 and potentially test 104.35. A stronger increase towards 105.07 is also possible before the end of today's trading session.
#Daily #CADJPY #Forex Technical Analysis
