CFD 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 '2900.4'. In that case, the first target price 2942.0 may be reached, as well as the second target price 2972.0. Subsequently, the price may extend further and finally reach 3013.7 by the end of today's market session.
On the other hand, if the price breaks below '2900.4', 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 2870.4 and even test 2828.8. Lastly, a sharper decrease towards 2798.8 is also possible by 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
Note: This part is being updated using Frustrader AI Integration. WTI 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 '104.94'. In that case, the first target price 102.47 may be reached, as well as the second target price 101.02. Subsequently, the price may extend further and finally reach 98.55 by the end of today's market session.
On the other hand, if the price breaks above '104.94', 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 106.39 and even test 108.86. Lastly, a stronger increase towards 110.31 is also possible by 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
The market sentiment for this currency pair suggests a Bullish outlook today. Traders may consider taking Long positions sooner the price surpasses the '13160'. This confirmation could lead to the achievement of the first target 13385 before following the second target price 13555. Further upside potential exists, with the price possibly aiming for 13780 before the end of today's market session.
Nonetheless, if the price breaks below the '13160', 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 12990 and potentially test 12765. A sharper decline towards 12595 is also possible before the end of today's trading session.
#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
This currency pair is expected to have a Bearish bias today. Traders can consider a Short position once the price confirms below the '20338'. In that case, the first target price 19590 may be reached, as well as the second target price 18999. Subsequently, the price may extend further and finally reach 18251 by the end of today's market session.
On the other hand, if the price breaks above '20338', 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 20929 and even test 21677. Lastly, a stronger increase towards 22269 is also possible by the end of today's trading session.
#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
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 '5811'. This downward movement could lead to the achievement of the first target 5627 and potentially extend to 5486. Further downside potential exists, with the price possibly declining towards 5302 before the end of today's trading session.
However, should the price rise above the '5811', 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 5952 and subsequently level off at 6136. A stronger increase towards 6277 is also foreseen earlier than today's closing session.
#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
This currency pair is expected to have a Bearish bias today. Traders can consider a Short position once the price confirms below the '5494'. In that case, the first target price 5410 may be reached, as well as the second target price 5295. Subsequently, the price may extend further and finally reach 5211 by the end of today's market session.
On the other hand, if the price breaks above '5494', 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 5609 and even test 5693. Lastly, a stronger increase towards 5808 is also possible by the end of today's trading 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
The market sentiment for this currency pair suggests a Bearish today. Traders may consider initiating Short positions sooner the price falls below the '23001'. This confirmation could lead to the achievement of the first target 22512 before following the second target price 21838. There is a possibility for the price to decline further and reach 21349 before the end of today's market session.
Nonetheless, if the price breaks above the '23001', 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 23675 and potentially test 24164. A stronger increase towards 24838 is also possible before the end of today's trading session.
#Weekly #GER40 #CFD Technical Outlook
