Forex Technical Review
Monthly Session : 2nd Week
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 '1.1035'. This breakdown could pave the way towards the first target level 1.0795 and potentially extend to 1.0593. Further downside momentum might even push the price towards 1.0352 by the end of today's trading session.
In contrast, if the price '1.1035' 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 1.1237 and potentially test 1.1477. A stronger increase towards 1.1679 is also possible before the end of today's trading session.
#Monthly #EURUSD #Forex Technical Review
Note: This part is being updated using Frustrader AI Integration. EURUSD has no update for this session
Forex Technical Review
Monthly Session : 2nd Week
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 '141.47'. Upon surpassing this level, the first target 145.71 becomes achievable, followed by the second target 149.15. Furthermore, It is even possible for the price to ascend towards 153.38 before the end of today's market session.
Nevertheless, a breach below the '141.47' could indicate a potential reversal, leading to Short positions. In such a scenario, the price could retreat towards the first support level 138.03 and perhaps test 133.79. A more substantial decline towards 130.36 is also plausible before the market closes today.
#Monthly #USDJPY #Forex Technical Review
Note: This part is being updated using Frustrader AI Integration. USDJPY has no update for this session
Forex Technical Review
Monthly Session : 2nd Week
This currency pair is expected to have a Bullish bias today. Traders can consider a Long position once the price confirms above the '1.3222'. In that case, the first target price 1.3352 may be reached, as well as the second target price 1.3517. Subsequently, the price may extend further and finally reach 1.3647 by the end of today's market session.
On the other hand, if the price breaks below '1.3222', 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 1.3057 and even test 1.2927. Lastly, a sharper decrease towards 1.2762 is also possible by the end of today's trading session.
#Monthly #USDCAD #Forex Technical Review
Note: This part is being updated using Frustrader AI Integration. USDCAD has no update for this session
Forex Technical Review
Monthly Session : 2nd Week
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 '1.2878'. This breakthrough could lead to the attainment of the first target level 1.2614, coupled with the second target level 1.2394. Further pull might even lead the price towards 1.2130 before the day gets over.
Oppositely, breaking upper the price '1.2878' 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 1.3098 , but it may also see 1.3362. A more substantial increase towards 1.3582 is also on the way to get the session over.
#Monthly #GBPUSD #Forex Technical Review
Note: This part is being updated using Frustrader AI Integration. GBPUSD has no update for this session
Forex Technical Review
Monthly Session : 2nd Week
The market sentiment for this currency pair suggests a Bearish today. Traders may consider initiating Short positions sooner the price falls below the '0.8757'. This confirmation could lead to the achievement of the first target 0.8510 before following the second target price 0.8305. There is a possibility for the price to decline further and reach 0.8059 before the end of today's market session.
Nonetheless, if the price breaks above the '0.8757', 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 0.8962 and potentially test 0.9209. A stronger increase towards 0.9413 is also possible before the end of today's trading session.
#Monthly #USDCHF #Forex Technical Review
Note: This part is being updated using Frustrader AI Integration. USDCHF has no update for this session
Forex Technical Review
Monthly Session : 2nd Week
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 '0.8590'. This breakthrough could lead to the achievement of the first target 0.8677 and potentially extend to 0.8788. Further upside potential exists, with the price possibly reaching 0.8874 before the end of today's trading session.
However, should the price breach below the '0.8590', 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 0.8479 and subsequently level off at 0.8392. A sharper decline towards 0.8282 is also foreseen earlier than today's closing session.
#Monthly #EURGBP #Forex Technical Review
Note: This part is being updated using Frustrader AI Integration. EURGBP has no update for this session
Forex Technical Review
Monthly Session : 2nd Week
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 '0.6737'. This breakdown could pave the way towards the first target level 0.6579 and potentially extend to 0.6441. Further downside momentum might even push the price towards 0.6284 by the end of today's trading session.
In contrast, if the price '0.6737' 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 0.6875 and potentially test 0.7033. A stronger increase towards 0.7171 is also possible before the end of today's trading session.
#Monthly #AUDUSD #Forex Technical Review
Note: This part is being updated using Frustrader AI Integration. AUDUSD has no update for this session
Forex Technical Review
Monthly Session : 2nd Week
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 '0.6247'. Once this level is breached, the first target 0.6083 becomes attainable, followed by the second target 0.5956. Furthermore, it is even possible for the price to decline towards 0.5791 before the end of today's market session.
Nonetheless, a breakthrough above the '0.6247' could indicate a potential reversal, leading to Long positions. In such a scenario, the price could rise towards the first resistance level 0.6374 and perhaps test 0.6538. A more substantial increase towards 0.6665 is also possible before the market closes today.
#Monthly #NZDUSD #Forex Technical Review
Note: This part is being updated using Frustrader AI Integration. NZDUSD has no update for this session
Forex Technical Review
Monthly Session : 2nd Week
This currency pair is expected to have a Bullish bias today. Traders can consider a Long position once the price confirms above the '155.30'. In that case, the first target price 159.20 may be reached, as well as the second target price 161.94. Subsequently, the price may extend further and finally reach 165.85 by the end of today's market session.
On the other hand, if the price breaks below '155.30', 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 152.56 and even test 148.66. Lastly, a sharper decrease towards 145.91 is also possible by the end of today's trading session.
#Monthly #EURJPY #Forex Technical Review
Note: This part is being updated using Frustrader AI Integration. EURJPY has no update for this session
Forex Technical Review
Monthly Session : 2nd Week
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 '180.96'. This breakthrough could lead to the attainment of the first target level 185.63, coupled with the second target level 188.68. Further push might even lead the price towards 193.36 before the day gets over.
Oppositely, breaking lower the price '180.96' 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 177.91 , but it may also see 173.24. A more substantial decline towards 170.19 is also on the way to get the session over.
#Monthly #GBPJPY #Forex Technical Review
