Forex Technical Analysis
Day Session: Late US
The market sentiment for this currency pair appears to be Bullish today. Traders may consider initiating Long positions sooner the price surpasses the '1.1370'. The initial target level 1.1404 could be initially attained, coupled with the second target level 1.1443. Eventually, there is a chance for the price to advance further and reach 1.1478 before the trading day concludes.
Contrarily, breaking below the price '1.1370' could evidently signify a potential shift in sentiment, prompting traders to consider Short positions. In such a case, the price might retreat towards the first support level 1.1331 and potentially test 1.1297. A sharper decline towards 1.1257 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: 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 '142.39'. This downward movement could lead to the achievement of the first target 141.69 and potentially extend to 140.91. Further downside potential exists, with the price possibly declining towards 140.22 before the end of today's trading session.
However, should the price rise above the '142.39', 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 143.17 and subsequently level off at 143.87. A stronger increase towards 144.65 is also foreseen earlier than today's closing 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: Late US
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 '1.3856'. This breakthrough could lead to the attainment of the first target level 1.3806, coupled with the second target level 1.3778. Further pull might even lead the price towards 1.3728 before the day gets over.
Oppositely, breaking upper the price '1.3856' 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 1.3884 , but it may also see 1.3934. A more substantial increase towards 1.3962 is also on the way to get the session over.
#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: 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 '1.3247'. Upon surpassing this level, the first target 1.3292 becomes achievable, followed by the second target 1.3318. Furthermore, It is even possible for the price to ascend towards 1.3362 before the end of today's market session.
Nevertheless, a breach below the '1.3247' could indicate a potential reversal, leading to Short positions. In such a scenario, the price could retreat towards the first support level 1.3221 and perhaps test 1.3176. A more substantial decline towards 1.3150 is also plausible before the market closes today.
#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: 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 '0.8181'. This confirmation could lead to the achievement of the first target 0.8131 before following the second target price 0.8071. There is a possibility for the price to decline further and reach 0.8021 before the end of today's market session.
Nonetheless, if the price breaks above the '0.8181', 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 0.8241 and potentially test 0.8291. A stronger increase towards 0.8351 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
Day 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 '0.8579'. The initial target level 0.8542 could be initially attained, coupled with the second target level 0.8518. Eventually, there is a chance for the price to advance further and reach 0.8481 before the trading day concludes.
Contrarily, breaking above the price '0.8579' 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 0.8603 and potentially test 0.8640. A stronger increase towards 0.8663 is also possible before 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: Late US
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 '0.6372'. This breakthrough could lead to the achievement of the first target 0.6411 and potentially extend to 0.6433. Further upside potential exists, with the price possibly reaching 0.6472 before the end of today's trading session.
However, should the price breach below the '0.6372', 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 0.6350 and subsequently level off at 0.6311. A sharper decline towards 0.6290 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: Late US
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 '0.5949'. This breakthrough could lead to the attainment of the first target level 0.5920, coupled with the second target level 0.5871. Further pull might even lead the price towards 0.5842 before the day gets over.
Oppositely, breaking upper the price '0.5949' 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 0.5998 , but it may also see 0.6027. A more substantial increase towards 0.6076 is also on the way to get the session over.
#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: 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 '161.92'. Upon surpassing this level, the first target 162.60 becomes achievable, followed by the second target 163.31. Furthermore, It is even possible for the price to ascend towards 163.99 before the end of today's market session.
Nevertheless, a breach below the '161.92' could indicate a potential reversal, leading to Short positions. In such a scenario, the price could retreat towards the first support level 161.21 and perhaps test 160.53. A more substantial decline towards 159.82 is also plausible 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
Day Session: Late US
This currency pair is showing signs of a Bullish trend today. Traders considering Long positions may do so if the price surpasses the '188.57'. This ascence could pave the way towards the first target level 189.72 and potentially extend to 190.51. Further upside momentum might even push the price towards 191.65 before this session ends.
In contrary, breaking below the price '188.57' 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 187.78 and possibly further to 186.63. A deeper plunge towards 185.85 is also probable before before we call it a day.
#Daily #GBPJPY #Forex Technical Analysis
