Forex 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 '0.9504'. This ascence could pave the way towards the first target level 0.9663 and potentially extend to 0.9794. Further upside momentum might even push the price towards 0.9952 before this session ends.
In contrary, breaking below the price '0.9504' 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 0.9373 and possibly further to 0.9214. A deeper plunge towards 0.9083 is also probable before before we call it a day.
#Weekly #EURCHF #Forex Technical Outlook
Note: This part is being updated using Frustrader AI Integration. EURCHF has no update for this session
Forex Technical Outlook
Week Session: Thursday
Anticipations indicate a Bullish bias for this currency pair today. Traders looking to capitalize on this momentum may consider Long positions if the price exceeds the '1.7054'. Upon surpassing this level, the first target 1.7391 becomes achievable, followed by the second target 1.7607. Furthermore, It is even possible for the price to ascend towards 1.7943 before the end of today's market session.
Nevertheless, a breach below the '1.7054' could indicate a potential reversal, leading to Short positions. In such a scenario, the price could retreat towards the first support level 1.6838 and perhaps test 1.6501. A more substantial decline towards 1.6286 is also plausible before the market closes today.
#Weekly #EURAUD #Forex Technical Outlook
Note: This part is being updated using Frustrader AI Integration. EURAUD has no update for this session
Forex 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 '1.8855'. This ascence could pave the way towards the first target level 1.9162 and potentially extend to 1.9358. Further upside momentum might even push the price towards 1.9665 before this session ends.
In contrary, breaking below the price '1.8855' 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 1.8659 and possibly further to 1.8352. A deeper plunge towards 1.8156 is also probable before before we call it a day.
#Weekly #EURNZD #Forex Technical Outlook
Note: This part is being updated using Frustrader AI Integration. EURNZD has no update for this session
Forex Technical Outlook
Week Session: Thursday
Anticipations indicate a Bullish bias for this currency pair today. Traders looking to capitalize on this momentum may consider Long positions if the price exceeds the '1.5410'. Upon surpassing this level, the first target 1.5817 becomes achievable, followed by the second target 1.6061. Furthermore, It is even possible for the price to ascend towards 1.6467 before the end of today's market session.
Nevertheless, a breach below the '1.5410' could indicate a potential reversal, leading to Short positions. In such a scenario, the price could retreat towards the first support level 1.5166 and perhaps test 1.4759. A more substantial decline towards 1.4516 is also plausible before the market closes today.
#Weekly #EURCAD #Forex Technical Outlook
Note: This part is being updated using Frustrader AI Integration. EURCAD has no update for this session
Forex Technical Outlook
Week Session: Thursday
The prevailing market sentiment indicates a Bullish bias for this instrument today. Traders who expect upward movement may consider Long positions right after the price jumps above the '2.0417'. This breakthrough could lead to the attainment of the first target level 2.0606, coupled with the second target level 2.0730. Further push might even lead the price towards 2.0920 before the day gets over.
Oppositely, breaking lower the price '2.0417' could indicate a potential reversal, getting traders to consider Short positions. In this format, not only may the price fly towards the first support level 2.0293 , but it may also see 2.0104. A more substantial decline towards 1.9979 is also on the way to get the session over.
#Weekly #GBPAUD #Forex Technical Outlook
Note: This part is being updated using Frustrader AI Integration. GBPAUD has no update for this session
Forex Technical Outlook
Week Session: Thursday
The prevailing market sentiment for this currency pair is Bullish today. Traders seeking upward opportunities may consider Long positions if the price exceeds the '2.2573'. This breakthrough could pave the way towards the first target level 2.2736 and potentially extend to 2.2852. Further upside momentum might even push the price towards 2.3016 by the end of today's trading session.
In contrast, if the price '2.2573' is breached, it may suggest a shift in sentiment, prompting traders to consider Short positions. In such a scenario, the price might retrace towards the first support level 2.2457 and potentially test 2.2294. A sharper decline towards 2.2178 is also possible before the end of today's trading session.
#Weekly #GBPNZD #Forex Technical Outlook
Note: This part is being updated using Frustrader AI Integration. GBPNZD has no update for this session
Forex Technical Outlook
Week Session: Thursday
This currency pair is expected to have a Bullish bias today. Traders can consider a Long position once the price confirms above the '1.8454'. In that case, the first target price 1.8741 may be reached, as well as the second target price 1.8907. Subsequently, the price may extend further and finally reach 1.9194 by the end of today's market session.
On the other hand, if the price breaks below '1.8454', 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 1.8288 and even test 1.8001. Lastly, a sharper decrease towards 1.7835 is also possible by the end of today's trading session.
#Weekly #GBPCAD #Forex Technical Outlook
Note: This part is being updated using Frustrader AI Integration. GBPCAD has no update for this session
Forex 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 '93.30'. This downward movement could lead to the achievement of the first target 91.89 and potentially extend to 90.45. Further downside potential exists, with the price possibly declining towards 89.03 before the end of today's trading session.
However, should the price rise above the '93.30', 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 94.74 and subsequently level off at 96.15. A stronger increase towards 97.60 is also foreseen earlier than today's closing session.
#Weekly #AUDJPY #Forex Technical Outlook
Note: This part is being updated using Frustrader AI Integration. AUDJPY has no update for this session
Forex Technical Outlook
Week Session: Thursday
This currency pair is expected to have a Bullish bias today. Traders can consider a Long position once the price confirms above the '84.42'. In that case, the first target price 85.69 may be reached, as well as the second target price 86.90. Subsequently, the price may extend further and finally reach 88.18 by the end of today's market session.
On the other hand, if the price breaks below '84.42', 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 83.21 and even test 81.94. Lastly, a sharper decrease towards 80.73 is also possible by the end of today's trading session.
#Weekly #NZDJPY #Forex Technical Outlook
Note: This part is being updated using Frustrader AI Integration. NZDJPY 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 '103.26'. This confirmation could lead to the achievement of the first target 101.55 before following the second target price 100.20. There is a possibility for the price to decline further and reach 98.50 before the end of today's market session.
Nonetheless, if the price breaks above the '103.26', 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 104.61 and potentially test 106.32. A stronger increase towards 107.67 is also possible before the end of today's trading session.
#Weekly #CADJPY #Forex Technical Outlook
