CFD Technical Outlook
Week Session: Thursday
The market sentiment for this currency pair appears to be Bullish today. Traders may consider initiating Long positions sooner the price surpasses the '2900.4'. The initial target level 2942.0 could be initially attained, coupled with the second target level 2972.0. Eventually, there is a chance for the price to advance further and reach 3013.7 before the trading day concludes.
Contrarily, breaking below the price '2900.4' could evidently signify a potential shift in sentiment, prompting traders to consider Short positions. In such a case, the price might retreat towards the first support level 2870.4 and potentially test 2828.8. A sharper decline towards 2798.8 is also possible before the end of today's trading session.
#Weekly #XAUUSD #CFD Technical Outlook
Note: This part is being updated using Frustrader AI Integration. XAUUSD has no update for this session
CFD Technical Outlook
Week Session: Thursday
The market sentiment for this currency pair suggests a Bearish today. Traders may consider initiating Short positions sooner the price falls below the '67.4'. This confirmation could lead to the achievement of the first target 64.5 before following the second target price 62.1. There is a possibility for the price to decline further and reach 59.1 before the end of today's market session.
Nonetheless, if the price breaks above the '67.4', 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 69.8 and potentially test 72.7. A stronger increase towards 75.2 is also possible before the end of today's trading session.
#Weekly #WTI #CFD Technical Outlook
Note: This part is being updated using Frustrader AI Integration. WTI has no update for this session
CFD Technical Outlook
Week Session: Thursday
The market sentiment for this currency pair appears to be Bearish today. Traders may consider initiating Short positions sooner the price falls below the '104.94'. The initial target level 102.47 could be initially attained, coupled with the second target level 101.02. Eventually, there is a chance for the price to advance further and reach 98.55 before the trading day concludes.
Contrarily, breaking above the price '104.94' 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 106.39 and potentially test 108.86. A stronger increase towards 110.31 is also possible before the end of today's trading session.
#Weekly #USDInd #CFD Technical Outlook
Note: This part is being updated using Frustrader AI Integration. USDInd has no update for this session
CFD Technical Outlook
Week Session: Thursday
This currency pair is showing signs of a Bullish trend today. Traders considering Long positions may do so if the price surpasses the '13160'. This ascence could pave the way towards the first target level 13385 and potentially extend to 13555. Further upside momentum might even push the price towards 13780 before this session ends.
In contrary, breaking below the price '13160' may indicate a shift in sentiment, convincing traders to consider Short position. In such a scenario, the price may dive towards the first support level 12990 and possibly further to 12765. A deeper plunge towards 12595 is also probable before before we call it a day.
#Weekly #CN50 #CFD Technical Outlook
Note: This part is being updated using Frustrader AI Integration. CN50 has no update for this session
CFD Technical Outlook
Week Session: Thursday
Anticipations indicate a Bearish bias for this currency pair today. Traders looking to benefit from this downward momentum may consider Short positions if the price falls below the '20338'. Once this level is breached, the first target 19590 becomes attainable, followed by the second target 18999. Furthermore, it is even possible for the price to decline towards 18251 before the end of today's market session.
Nonetheless, a breakthrough above the '20338' could indicate a potential reversal, leading to Long positions. In such a scenario, the price could rise towards the first resistance level 20929 and perhaps test 21677. A more substantial increase towards 22269 is also possible before the market closes today.
#Weekly #NAS100 #CFD Technical Outlook
Note: This part is being updated using Frustrader AI Integration. NAS100 has no update for this session
CFD Technical Outlook
Week Session: Thursday
This currency pair is showing signs of a Bearish trend today. Traders considering Short positions may do so if the price drops below the '5811'. This breakdown could pave the way towards the first target level 5627 and potentially extend to 5486. Further downside momentum might even pull the price towards 5302 before this session ends.
In contrary, breaking above the price '5811' may indicate a shift in sentiment, convincing traders to consider Long positions. In such a scenario, the price might climb towards the first resistance level 5952 and possibly further to 6136. A higher rise towards 6277 is also probable before before we call it a day.
#Weekly #US500 #CFD Technical Outlook
Note: This part is being updated using Frustrader AI Integration. US500 has no update for this session
CFD Technical Outlook
Week Session: Thursday
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 '5494'. This downward movement could lead to the achievement of the first target 5410 and potentially extend to 5295. Further downside potential exists, with the price possibly declining towards 5211 before the end of today's trading session.
However, should the price rise above the '5494', 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 5609 and subsequently level off at 5693. A stronger increase towards 5808 is also foreseen earlier than today's closing session.
#Weekly #EU50 #CFD Technical Outlook
Note: This part is being updated using Frustrader AI Integration. EU50 has no update for this session
CFD Technical Outlook
Week Session: Thursday
This currency pair is expected to have a Bearish bias today. Traders can consider a Short position once the price confirms below the '23001'. In that case, the first target price 22512 may be reached, as well as the second target price 21838. Subsequently, the price may extend further and finally reach 21349 by the end of today's market session.
On the other hand, if the price breaks above '23001', 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 23675 and even test 24164. Lastly, a stronger increase towards 24838 is also possible by the end of today's trading session.
#Weekly #GER40 #CFD Technical Outlook
