Forex Technical Outlook
Week Session: Thursday
The market sentiment for this currency pair suggests a Bullish outlook today. Traders may consider taking Long positions sooner the price surpasses the '1.0704'. This confirmation could lead to the achievement of the first target 1.1020 before following the second target price 1.1205. Further upside potential exists, with the price possibly aiming for 1.1520 before the end of today's market session.
Nonetheless, if the price breaks below the '1.0704', it may indicate a potential shift in momentum, leading to a Short position. Traders should remain cautious as the price could decline towards the first support level 1.0519 and potentially test 1.0203. A sharper decline towards 1.0019 is also possible before the end of today's trading session.
#Weekly #EURUSD #Forex Technical Outlook
Note: This part is being updated using Frustrader AI Integration. EURUSD has no update for this session
Forex 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 '148.75'. In that case, the first target price 146.20 may be reached, as well as the second target price 144.39. Subsequently, the price may extend further and finally reach 141.84 by the end of today's market session.
On the other hand, if the price breaks above '148.75', 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 150.56 and even test 153.11. Lastly, a stronger increase towards 154.92 is also possible by the end of today's trading session.
#Weekly #USDJPY #Forex Technical Outlook
Note: This part is being updated using Frustrader AI Integration. USDJPY has no update for this session
Forex Technical Outlook
Week Session: Thursday
The market sentiment for this currency pair suggests a Bullish outlook today. Traders may consider taking Long positions sooner the price surpasses the '1.4386'. This confirmation could lead to the achievement of the first target 1.4533 before following the second target price 1.4690. Further upside potential exists, with the price possibly aiming for 1.4836 before the end of today's market session.
Nonetheless, if the price breaks below the '1.4386', it may indicate a potential shift in momentum, leading to a Short position. Traders should remain cautious as the price could decline towards the first support level 1.4229 and potentially test 1.4082. A sharper decline towards 1.3926 is also possible before the end of today's trading session.
#Weekly #USDCAD #Forex Technical Outlook
Note: This part is being updated using Frustrader AI Integration. USDCAD has no update for this session
Forex 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 '1.2815'. The initial target level 1.3051 could be initially attained, coupled with the second target level 1.3181. Eventually, there is a chance for the price to advance further and reach 1.3416 before the trading day concludes.
Contrarily, breaking below the price '1.2815' 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 1.2685 and potentially test 1.2449. A sharper decline towards 1.2320 is also possible before the end of today's trading session.
#Weekly #GBPUSD #Forex Technical Outlook
Note: This part is being updated using Frustrader AI Integration. GBPUSD has no update for this session
Forex 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 '0.8865'. This confirmation could lead to the achievement of the first target 0.8699 before following the second target price 0.8601. There is a possibility for the price to decline further and reach 0.8435 before the end of today's market session.
Nonetheless, if the price breaks above the '0.8865', 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 0.8963 and potentially test 0.9129. A stronger increase towards 0.9227 is also possible before the end of today's trading session.
#Weekly #USDCHF #Forex Technical Outlook
Note: This part is being updated using Frustrader AI Integration. USDCHF has no update for this session
Forex 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 '0.8349'. The initial target level 0.8451 could be initially attained, coupled with the second target level 0.8519. Eventually, there is a chance for the price to advance further and reach 0.8620 before the trading day concludes.
Contrarily, breaking below the price '0.8349' 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 0.8281 and potentially test 0.8179. A sharper decline towards 0.8111 is also possible before the end of today's trading session.
#Weekly #EURGBP #Forex Technical Outlook
Note: This part is being updated using Frustrader AI Integration. EURGBP has no update for this session
Forex Technical Outlook
Week Session: Thursday
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 '0.6286'. This breakthrough could lead to the achievement of the first target 0.6385 and potentially extend to 0.6463. Further upside potential exists, with the price possibly reaching 0.6562 before the end of today's trading session.
However, should the price breach below the '0.6286', 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 0.6208 and subsequently level off at 0.6109. A sharper decline towards 0.6031 is also foreseen earlier than today's closing session.
#Weekly #AUDUSD #Forex Technical Outlook
Note: This part is being updated using Frustrader AI Integration. AUDUSD has no update for this session
Forex 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 '0.5687'. The initial target level 0.5781 could be initially attained, coupled with the second target level 0.5853. Eventually, there is a chance for the price to advance further and reach 0.5947 before the trading day concludes.
Contrarily, breaking below the price '0.5687' 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 0.5615 and potentially test 0.5521. A sharper decline towards 0.5448 is also possible before the end of today's trading session.
#Weekly #NZDUSD #Forex Technical Outlook
Note: This part is being updated using Frustrader AI Integration. NZDUSD has no update for this session
Forex Technical Outlook
Week Session: Thursday
The market sentiment for this currency pair suggests a Bullish outlook today. Traders may consider taking Long positions sooner the price surpasses the '159.08'. This confirmation could lead to the achievement of the first target 162.57 before following the second target price 164.76. Further upside potential exists, with the price possibly aiming for 168.24 before the end of today's market session.
Nonetheless, if the price breaks below the '159.08', it may indicate a potential shift in momentum, leading to a Short position. Traders should remain cautious as the price could decline towards the first support level 156.89 and potentially test 153.40. A sharper decline towards 151.21 is also possible before the end of today's trading session.
#Weekly #EURJPY #Forex Technical Outlook
Note: This part is being updated using Frustrader AI Integration. EURJPY has no update for this session
Forex 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 '190.68'. The initial target level 193.11 could be initially attained, coupled with the second target level 194.97. Eventually, there is a chance for the price to advance further and reach 197.39 before the trading day concludes.
Contrarily, breaking below the price '190.68' 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 188.82 and potentially test 186.39. A sharper decline towards 184.54 is also possible before the end of today's trading session.
#Weekly #GBPJPY #Forex Technical Outlook
