Forex Technical Analysis
Day Session: Sydney
The market sentiment for this currency pair suggests a Bearish today. Traders may consider initiating Short positions sooner the price falls below the '1.0898'. This confirmation could lead to the achievement of the first target 1.0864 before following the second target price 1.0842. There is a possibility for the price to decline further and reach 1.0808 before the end of today's market session.
Nonetheless, if the price breaks above the '1.0898', 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 1.0920 and potentially test 1.0954. A stronger increase towards 1.0977 is also possible before the end of today's trading session.
#Daily #EURUSD #Forex Technical Analysis
Note: This part is being updated using Frustrader AI Integration. EURUSD has no update for this session
Forex Technical Analysis
Day Session: Sydney
This currency pair is expected to have a Bearish bias today. Traders can consider a Short position once the price confirms below the '148.37'. In that case, the first target price 147.55 may be reached, as well as the second target price 146.89. Subsequently, the price may extend further and finally reach 146.07 by the end of today's market session.
On the other hand, if the price breaks above '148.37', 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 149.03 and even test 149.85. Lastly, a stronger increase towards 150.50 is also possible by the end of today's trading session.
#Daily #USDJPY #Forex Technical Analysis
Note: This part is being updated using Frustrader AI Integration. USDJPY has no update for this session
Forex Technical Analysis
Day Session: Sydney
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 '1.4402'. This downward movement could lead to the achievement of the first target 1.4320 and potentially extend to 1.4271. Further downside potential exists, with the price possibly declining towards 1.4188 before the end of today's trading session.
However, should the price rise above the '1.4402', 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 1.4451 and subsequently level off at 1.4533. A stronger increase towards 1.4582 is also foreseen earlier than today's closing session.
#Daily #USDCAD #Forex Technical Analysis
Note: This part is being updated using Frustrader AI Integration. USDCAD has no update for this session
Forex Technical Analysis
Day Session: Sydney
This currency pair is expected to have a Bullish bias today. Traders can consider a Long position once the price confirms above the '1.2955'. In that case, the first target price 1.2997 may be reached, as well as the second target price 1.3032. Subsequently, the price may extend further and finally reach 1.3073 by the end of today's market session.
On the other hand, if the price breaks below '1.2955', 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 1.2920 and even test 1.2878. Lastly, a sharper decrease towards 1.2844 is also possible by the end of today's trading session.
#Daily #GBPUSD #Forex Technical Analysis
Note: This part is being updated using Frustrader AI Integration. GBPUSD has no update for this session
Forex Technical Analysis
Day Session: Sydney
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 '0.8822'. This downward movement could lead to the achievement of the first target 0.8792 and potentially extend to 0.8768. Further downside potential exists, with the price possibly declining towards 0.8738 before the end of today's trading session.
However, should the price rise above the '0.8822', 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 0.8846 and subsequently level off at 0.8876. A stronger increase towards 0.8900 is also foreseen earlier than today's closing session.
#Daily #USDCHF #Forex Technical Analysis
Note: This part is being updated using Frustrader AI Integration. USDCHF has no update for this session
Forex Technical Analysis
Day Session: Sydney
This currency pair is expected to have a Bearish bias today. Traders can consider a Short position once the price confirms below the '0.8410'. In that case, the first target price 0.8379 may be reached, as well as the second target price 0.8361. Subsequently, the price may extend further and finally reach 0.8329 by the end of today's market session.
On the other hand, if the price breaks above '0.8410', 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 0.8428 and even test 0.8459. Lastly, a stronger increase towards 0.8478 is also possible by the end of today's trading session.
#Daily #EURGBP #Forex Technical Analysis
Note: This part is being updated using Frustrader AI Integration. EURGBP has no update for this session
Forex Technical Analysis
Day Session: Sydney
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 '0.6306'. This breakthrough could lead to the achievement of the first target 0.6336 and potentially extend to 0.6352. Further upside potential exists, with the price possibly reaching 0.6382 before the end of today's trading session.
However, should the price breach below the '0.6306', 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 0.6290 and subsequently level off at 0.6260. A sharper decline towards 0.6243 is also foreseen earlier than today's closing session.
#Daily #AUDUSD #Forex Technical Analysis
Note: This part is being updated using Frustrader AI Integration. AUDUSD has no update for this session
Forex Technical Analysis
Day Session: Sydney
This currency pair is expected to have a Bullish bias today. Traders can consider a Long position once the price confirms above the '0.5722'. In that case, the first target price 0.5747 may be reached, as well as the second target price 0.5764. Subsequently, the price may extend further and finally reach 0.5789 by the end of today's market session.
On the other hand, if the price breaks below '0.5722', 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 0.5705 and even test 0.5680. Lastly, a sharper decrease towards 0.5663 is also possible by the end of today's trading session.
#Daily #NZDUSD #Forex Technical Analysis
Note: This part is being updated using Frustrader AI Integration. NZDUSD has no update for this session
Forex Technical Analysis
Day Session: Sydney
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 '161.63'. This downward movement could lead to the achievement of the first target 160.91 and potentially extend to 160.45. Further downside potential exists, with the price possibly declining towards 159.73 before the end of today's trading session.
However, should the price rise above the '161.63', 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 162.09 and subsequently level off at 162.81. A stronger increase towards 163.27 is also foreseen earlier than today's closing session.
#Daily #EURJPY #Forex Technical Analysis
Note: This part is being updated using Frustrader AI Integration. EURJPY has no update for this session
Forex Technical Analysis
Day Session: Sydney
This currency pair is expected to have a Bearish bias today. Traders can consider a Short position once the price confirms below the '192.12'. In that case, the first target price 191.13 may be reached, as well as the second target price 190.19. Subsequently, the price may extend further and finally reach 189.20 by the end of today's market session.
On the other hand, if the price breaks above '192.12', 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 193.06 and even test 194.05. Lastly, a stronger increase towards 194.99 is also possible by the end of today's trading session.
#Daily #GBPJPY #Forex Technical Analysis
