Forex Technical Analysis
Day 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 '1.0862'. In that case, the first target price 1.0807 may be reached, as well as the second target price 1.0760. Subsequently, the price may extend further and finally reach 1.0704 by the end of today's market session.
On the other hand, if the price breaks above '1.0862', 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 1.0909 and even test 1.0964. Lastly, a stronger increase towards 1.1012 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
Day Session: Late US
The prevailing market sentiment for this currency pair is Bullish today. Traders seeking upward opportunities may consider Long positions if the price exceeds the '148.64'. This breakthrough could pave the way towards the first target level 149.10 and potentially extend to 149.42. Further upside momentum might even push the price towards 149.88 by the end of today's trading session.
In contrast, if the price '148.64' is breached, it may suggest a shift in sentiment, prompting traders to consider Short positions. In such a scenario, the price might retrace towards the first support level 148.32 and potentially test 147.86. A sharper decline towards 147.54 is also possible before 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: Late US
The market sentiment for this currency pair suggests a Bullish outlook today. Traders may consider taking Long positions sooner the price surpasses the '1.4346'. This confirmation could lead to the achievement of the first target 1.4380 before following the second target price 1.4435. Further upside potential exists, with the price possibly aiming for 1.4468 before the end of today's market session.
Nonetheless, if the price breaks below the '1.4346', 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 1.4291 and potentially test 1.4257. A sharper decline towards 1.4202 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
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 '1.2973'. The initial target level 1.2931 could be initially attained, coupled with the second target level 1.2894. Eventually, there is a chance for the price to advance further and reach 1.2852 before the trading day concludes.
Contrarily, breaking above the price '1.2973' 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 1.3010 and potentially test 1.3052. A stronger increase towards 1.3089 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
Day Session: Late US
The market sentiment for this currency pair suggests a Bullish outlook today. Traders may consider taking Long positions sooner the price surpasses the '0.8805'. This confirmation could lead to the achievement of the first target 0.8855 before following the second target price 0.8892. Further upside potential exists, with the price possibly aiming for 0.8942 before the end of today's market session.
Nonetheless, if the price breaks below the '0.8805', 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 0.8768 and potentially test 0.8718. A sharper decline towards 0.8681 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
This currency pair is expected to have a Bullish bias today. Traders can consider a Long position once the price confirms above the '0.8368'. In that case, the first target price 0.8386 may be reached, as well as the second target price 0.8408. Subsequently, the price may extend further and finally reach 0.8425 by the end of today's market session.
On the other hand, if the price breaks below '0.8368', 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 0.8346 and even test 0.8328. Lastly, a sharper decrease towards 0.8307 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: 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 '0.6311'. This breakdown could pave the way towards the first target level 0.6259 and potentially extend to 0.6219. Further downside momentum might even push the price towards 0.6166 by the end of today's trading session.
In contrast, if the price '0.6311' 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 0.6351 and potentially test 0.6403. A stronger increase towards 0.6443 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
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 '0.5767'. This breakthrough could lead to the attainment of the first target level 0.5709, coupled with the second target level 0.5665. Further pull might even lead the price towards 0.5607 before the day gets over.
Oppositely, breaking upper the price '0.5767' 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 0.5811 , but it may also see 0.5869. A more substantial increase towards 0.5913 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 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 '161.51'. Once this level is breached, the first target 160.72 becomes attainable, followed by the second target 159.95. Furthermore, it is even possible for the price to decline towards 159.15 before the end of today's market session.
Nonetheless, a breakthrough above the '161.51' could indicate a potential reversal, leading to Long positions. In such a scenario, the price could rise towards the first resistance level 162.28 and perhaps test 163.07. A more substantial increase towards 163.85 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
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 '192.81'. This confirmation could lead to the achievement of the first target 192.06 before following the second target price 191.30. There is a possibility for the price to decline further and reach 190.56 before the end of today's market session.
Nonetheless, if the price breaks above the '192.81', 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 193.57 and potentially test 194.32. A stronger increase towards 195.07 is also possible before the end of today's trading session.
#Daily #GBPJPY #Forex Technical Analysis
