Forex 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 '0.9504'. In that case, the first target price 0.9663 may be reached, as well as the second target price 0.9794. Subsequently, the price may extend further and finally reach 0.9952 by the end of today's market session.
On the other hand, if the price breaks below '0.9504', 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 0.9373 and even test 0.9214. Lastly, a sharper decrease towards 0.9083 is also possible by the end of today's trading session.
#Weekly #EURCHF #Forex Technical Outlook
Note: This part is being updated using Frustrader AI Integration. EURCHF has no update for this session
Forex Technical Outlook
Week Session: Thursday
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 '1.7054'. This breakthrough could lead to the achievement of the first target 1.7391 and potentially extend to 1.7607. Further upside potential exists, with the price possibly reaching 1.7943 before the end of today's trading session.
However, should the price breach below the '1.7054', 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 1.6838 and subsequently level off at 1.6501. A sharper decline towards 1.6286 is also foreseen earlier than today's closing session.
#Weekly #EURAUD #Forex Technical Outlook
Note: This part is being updated using Frustrader AI Integration. EURAUD has no update for this session
Forex 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 '1.8855'. In that case, the first target price 1.9162 may be reached, as well as the second target price 1.9358. Subsequently, the price may extend further and finally reach 1.9665 by the end of today's market session.
On the other hand, if the price breaks below '1.8855', 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 1.8659 and even test 1.8352. Lastly, a sharper decrease towards 1.8156 is also possible by the end of today's trading session.
#Weekly #EURNZD #Forex Technical Outlook
Note: This part is being updated using Frustrader AI Integration. EURNZD has no update for this session
Forex Technical Outlook
Week Session: Thursday
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 '1.5410'. This breakthrough could lead to the achievement of the first target 1.5817 and potentially extend to 1.6061. Further upside potential exists, with the price possibly reaching 1.6467 before the end of today's trading session.
However, should the price breach below the '1.5410', 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 1.5166 and subsequently level off at 1.4759. A sharper decline towards 1.4516 is also foreseen earlier than today's closing session.
#Weekly #EURCAD #Forex Technical Outlook
Note: This part is being updated using Frustrader AI Integration. EURCAD has no update for this session
Forex 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 '2.0417'. In that case, the first target price 2.0606 may be reached, as well as the second target price 2.0730. Subsequently, the price may extend further and finally reach 2.0920 by the end of today's market session.
On the other hand, if the price breaks below '2.0417', 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 2.0293 and even test 2.0104. Lastly, a sharper decrease towards 1.9979 is also possible by the end of today's trading session.
#Weekly #GBPAUD #Forex Technical Outlook
Note: This part is being updated using Frustrader AI Integration. GBPAUD has no update for this session
Forex Technical Outlook
Week Session: Thursday
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 '2.2573'. This breakthrough could lead to the achievement of the first target 2.2736 and potentially extend to 2.2852. Further upside potential exists, with the price possibly reaching 2.3016 before the end of today's trading session.
However, should the price breach below the '2.2573', 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 2.2457 and subsequently level off at 2.2294. A sharper decline towards 2.2178 is also foreseen earlier than today's closing session.
#Weekly #GBPNZD #Forex Technical Outlook
Note: This part is being updated using Frustrader AI Integration. GBPNZD has no update for this session
Forex 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 '1.8454'. In that case, the first target price 1.8741 may be reached, as well as the second target price 1.8907. Subsequently, the price may extend further and finally reach 1.9194 by the end of today's market session.
On the other hand, if the price breaks below '1.8454', 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 1.8288 and even test 1.8001. Lastly, a sharper decrease towards 1.7835 is also possible by the end of today's trading session.
#Weekly #GBPCAD #Forex Technical Outlook
Note: This part is being updated using Frustrader AI Integration. GBPCAD has no update for this session
Forex Technical Outlook
Week Session: Thursday
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 '93.30'. This breakthrough could lead to the achievement of the first target 94.74 and potentially extend to 96.15. Further upside potential exists, with the price possibly reaching 97.60 before the end of today's trading session.
However, should the price breach below the '93.30', 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 91.89 and subsequently level off at 90.45. A sharper decline towards 89.03 is also foreseen earlier than today's closing session.
#Weekly #AUDJPY #Forex Technical Outlook
Note: This part is being updated using Frustrader AI Integration. AUDJPY has no update for this session
Forex 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 '84.42'. In that case, the first target price 85.69 may be reached, as well as the second target price 86.90. Subsequently, the price may extend further and finally reach 88.18 by the end of today's market session.
On the other hand, if the price breaks below '84.42', 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 83.21 and even test 81.94. Lastly, a sharper decrease towards 80.73 is also possible by the end of today's trading session.
#Weekly #NZDJPY #Forex Technical Outlook
Note: This part is being updated using Frustrader AI Integration. NZDJPY has no update for this session
Forex 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 '103.26'. This downward movement could lead to the achievement of the first target 101.55 and potentially extend to 100.20. Further downside potential exists, with the price possibly declining towards 98.50 before the end of today's trading session.
However, should the price rise above the '103.26', 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 104.61 and subsequently level off at 106.32. A stronger increase towards 107.67 is also foreseen earlier than today's closing session.
#Weekly #CADJPY #Forex Technical Outlook
