Forex Technical Analysis
Daily 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 '1.0865'. This confirmation could lead to the achievement of the first target 1.0833 before following the second target price 1.0812. There is a possibility for the price to decline further and reach 1.0780 before the end of today's market session.
Nonetheless, if the price breaks above the '1.0865', 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 1.0886 and potentially test 1.0918. A stronger increase towards 1.0939 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
Daily Session : Sydney
Anticipations indicate a Bearish bias for this currency pair today. Traders looking to benefit from this downward momentum may consider Short positions if the price falls below the '156.09'. Once this level is breached, the first target 155.08 becomes attainable, followed by the second target 154.53. Furthermore, it is even possible for the price to decline towards 153.52 before the end of today's market session.
Nonetheless, a breakthrough above the '156.09' could indicate a potential reversal, leading to Long positions. In such a scenario, the price could rise towards the first resistance level 156.64 and perhaps test 157.65. A more substantial increase towards 158.19 is also possible 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 : Sydney
This currency pair is showing signs of a Bullish trend today. Traders considering Long positions may do so if the price surpasses the '1.3773'. This ascence could pave the way towards the first target level 1.3795 and potentially extend to 1.3806. Further upside momentum might even push the price towards 1.3827 before this session ends.
In contrary, breaking below the price '1.3773' 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 1.3762 and possibly further to 1.3740. A deeper plunge towards 1.3730 is also probable before before we call it a day.
#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 : Sydney
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 '1.2909'. This breakdown could pave the way towards the first target level 1.2884 and potentially extend to 1.2863. Further downside momentum might even push the price towards 1.2837 by the end of today's trading session.
In contrast, if the price '1.2909' 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 1.2930 and potentially test 1.2955. A stronger increase towards 1.2977 is also possible before 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
Daily 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 '0.8905'. In that case, the first target price 0.8929 may be reached, as well as the second target price 0.8948. Subsequently, the price may extend further and finally reach 0.8971 by the end of today's market session.
On the other hand, if the price breaks below '0.8905', 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 0.8886 and even test 0.8862. Lastly, a sharper decrease towards 0.8844 is also possible by 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 : 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 '0.8411'. This downward movement could lead to the achievement of the first target 0.8396 and potentially extend to 0.8382. Further downside potential exists, with the price possibly declining towards 0.8367 before the end of today's trading session.
However, should the price rise above the '0.8411', 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 0.8425 and subsequently level off at 0.8440. A stronger increase towards 0.8454 is also foreseen earlier than today's closing 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
Daily Session : Sydney
The market sentiment for this currency pair appears to be Bearish today. Traders may consider initiating Short positions sooner the price falls below the '0.6624'. The initial target level 0.6603 could be initially attained, coupled with the second target level 0.6590. Eventually, there is a chance for the price to advance further and reach 0.6568 before the trading day concludes.
Contrarily, breaking above the price '0.6624' 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 0.6637 and potentially test 0.6658. A stronger increase towards 0.6671 is also possible before the end of today's trading 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
Daily 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 '0.5962'. This confirmation could lead to the achievement of the first target 0.5944 before following the second target price 0.5932. There is a possibility for the price to decline further and reach 0.5913 before the end of today's market session.
Nonetheless, if the price breaks above the '0.5962', 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 0.5974 and potentially test 0.5992. A stronger increase towards 0.6005 is also possible before 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 : Sydney
Anticipations indicate a Bearish bias for this currency pair today. Traders looking to benefit from this downward momentum may consider Short positions if the price falls below the '169.60'. Once this level is breached, the first target 168.12 becomes attainable, followed by the second target 167.32. Furthermore, it is even possible for the price to decline towards 165.84 before the end of today's market session.
Nonetheless, a breakthrough above the '169.60' could indicate a potential reversal, leading to Long positions. In such a scenario, the price could rise towards the first resistance level 170.40 and perhaps test 171.88. A more substantial increase towards 172.68 is also possible before the market closes today.
#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 : Sydney
The prevailing market sentiment indicates a Bearish bias for this instrument today. Traders who expect downward movement may consider Short positions right after the price dives below the '201.55'. This breakthrough could lead to the attainment of the first target level 199.95, coupled with the second target level 199.10. Further pull might even lead the price towards 197.49 before the day gets over.
Oppositely, breaking upper the price '201.55' could indicate a potential reversal, getting traders to consider Long positions. In this format, not only may the price descend towards the first resistance level 202.40 , but it may also see 204.00. A more substantial increase towards 204.86 is also on the way to get the session over.
#Daily #GBPJPY #Forex Technical Analysis
