Forex Technical Analysis
Daily Session : Late US
This currency pair is expected to have a Bearish bias today. Traders can consider a Short position once the price confirms below the '1.0728'. In that case, the first target price 1.0698 may be reached, as well as the second target price 1.0671. Subsequently, the price may extend further and finally reach 1.0641 by the end of today's market session.
On the other hand, if the price breaks above '1.0728', 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 1.0755 and even test 1.0785. Lastly, a stronger increase towards 1.0812 is also possible by 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
Daily Session : Late US
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 '140.27'. Upon surpassing this level, the first target 141.05 becomes achievable, followed by the second target 141.50. Furthermore, It is even possible for the price to ascend towards 142.28 before the end of today's market session.
Nevertheless, a breach below the '140.27' could indicate a potential reversal, leading to Short positions. In such a scenario, the price could retreat towards the first support level 139.82 and perhaps test 139.04. A more substantial decline towards 138.59 is also plausible before the market closes today.
#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
Daily Session : Late US
The prevailing market sentiment for this currency pair is Bearish today. Traders expecting downward movement may consider Short positions if the price falls below the '1.3624'. This breakdown could pave the way towards the first target level 1.3594 and potentially extend to 1.3570. Further downside momentum might even push the price towards 1.3540 by the end of today's trading session.
In contrast, if the price '1.3624' is surpassed, it may suggest a shift in sentiment, prompting traders to consider Long positions. In such a scenario, the price might climb towards the first resistance level 1.3648 and potentially test 1.3678. A stronger increase towards 1.3702 is also possible before the end of today's trading 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
Daily Session : Late US
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 '1.2352'. This downward movement could lead to the achievement of the first target 1.2309 and potentially extend to 1.2268. Further downside potential exists, with the price possibly declining towards 1.2225 before the end of today's trading session.
However, should the price rise above the '1.2352', 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 1.2393 and subsequently level off at 1.2436. A stronger increase towards 1.2478 is also foreseen earlier than today's closing 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
Daily Session : Late US
The market sentiment for this currency pair suggests a Bearish today. Traders may consider initiating Short positions sooner the price falls below the '0.9047'. This confirmation could lead to the achievement of the first target 0.9020 before following the second target price 0.8991. There is a possibility for the price to decline further and reach 0.8964 before the end of today's market session.
Nonetheless, if the price breaks above the '0.9047', 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 0.9076 and potentially test 0.9103. A stronger increase towards 0.9131 is also possible before the end of today's trading 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
Daily Session : Late US
This currency pair is showing signs of a Bearish trend today. Traders considering Short positions may do so if the price drops below the '0.8690'. This breakdown could pave the way towards the first target level 0.8671 and potentially extend to 0.8657. Further downside momentum might even pull the price towards 0.8638 before this session ends.
In contrary, breaking above the price '0.8690' may indicate a shift in sentiment, convincing traders to consider Long positions. In such a scenario, the price might climb towards the first resistance level 0.8704 and possibly further to 0.8723. A higher rise towards 0.8737 is also probable before before we call it a day.
#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
Daily Session : Late US
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 '0.6517'. This breakthrough could lead to the attainment of the first target level 0.6544, coupled with the second target level 0.6571. Further push might even lead the price towards 0.6598 before the day gets over.
Oppositely, breaking lower the price '0.6517' 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 0.6490 , but it may also see 0.6463. A more substantial decline towards 0.6436 is also on the way to get the session over.
#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
Daily Session : Late US
This currency pair is expected to have a Bearish bias today. Traders can consider a Short position once the price confirms below the '0.6058'. In that case, the first target price 0.6020 may be reached, as well as the second target price 0.5995. Subsequently, the price may extend further and finally reach 0.5956 by the end of today's market session.
On the other hand, if the price breaks above '0.6058', 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 0.6083 and even test 0.6121. Lastly, a stronger increase towards 0.6147 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
Daily Session : Late US
The market sentiment for this currency pair appears to be Bearish today. Traders may consider initiating Short positions sooner the price falls below the '150.50'. The initial target level 150.07 could be initially attained, coupled with the second target level 149.36. Eventually, there is a chance for the price to advance further and reach 148.93 before the trading day concludes.
Contrarily, breaking above the price '150.50' could evidently signify a potential shift in sentiment, prompting traders to consider Long positions. In such a case, the price might rise towards the first resistance level 151.21 and potentially test 151.64. A stronger increase towards 152.35 is also possible before the end of today's trading 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
Daily Session : Late US
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 '173.18'. Upon surpassing this level, the first target 174.16 becomes achievable, followed by the second target 174.71. Furthermore, It is even possible for the price to ascend towards 175.69 before the end of today's market session.
Nevertheless, a breach below the '173.18' could indicate a potential reversal, leading to Short positions. In such a scenario, the price could retreat towards the first support level 172.63 and perhaps test 171.65. A more substantial decline towards 171.10 is also plausible before the market closes today.
#Daily #GBPJPY #Forex Technical Analysis
