CFDTechnical Levels
Intraday Session : Hot
This currency pair is expected to have a Bullish bias today. Traders can consider a Long position once the price confirms above the '2384.7'. In that case, the first target price 2395.3 may be reached, as well as the second target price 2401.4. Subsequently, the price may extend further and finally reach 2412.0 by the end of today's market session.
On the other hand, if the price breaks below '2384.7', 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 2378.6 and even test 2368.0. Lastly, a sharper decrease towards 2361.9 is also possible by the end of today's trading session.
#Intraday #XAUUSD #CFDTechnical Levels
Note: This part is being updated using Frustrader AI Integration. XAUUSD has no update for this session
CFDTechnical Levels
Intraday Session : Middle
The market sentiment for this currency pair suggests a Bearish today. Traders may consider initiating Short positions sooner the price falls below the '76.8'. This confirmation could lead to the achievement of the first target 76.2 before following the second target price 75.2. There is a possibility for the price to decline further and reach 74.6 before the end of today's market session.
Nonetheless, if the price breaks above the '76.8', 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 77.8 and potentially test 78.4. A stronger increase towards 79.4 is also possible before the end of today's trading session.
#Intraday #WTI #CFDTechnical Levels
