Forex Technical Review
Monthly Session : 4th Week
The market sentiment for this currency pair suggests a Bullish outlook today. Traders may consider taking Long positions sooner the price surpasses the '1.0764'. This confirmation could lead to the achievement of the first target 1.0862 before following the second target price 1.1014. Further upside potential exists, with the price possibly aiming for 1.1112 before the end of today's market session.
Nonetheless, if the price breaks below the '1.0764', 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 1.0612 and potentially test 1.0514. A sharper decline towards 1.0362 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 : 4th Week
This currency pair is expected to have a Bearish bias today. Traders can consider a Short position once the price confirms below the '158.89'. In that case, the first target price 156.51 may be reached, as well as the second target price 152.15. Subsequently, the price may extend further and finally reach 149.76 by the end of today's market session.
On the other hand, if the price breaks above '158.89', 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 163.25 and even test 165.63. Lastly, a stronger increase towards 169.99 is also possible by the end of today's trading session.
#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 : 4th 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 '1.3690'. This breakthrough could lead to the achievement of the first target 1.3778 and potentially extend to 1.3879. Further upside potential exists, with the price possibly reaching 1.3967 before the end of today's trading session.
However, should the price breach below the '1.3690', 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 1.3589 and subsequently level off at 1.3501. A sharper decline towards 1.3400 is also foreseen earlier than today's closing 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 : 4th Week
This currency pair is expected to have a Bullish bias today. Traders can consider a Long position once the price confirms above the '1.2705'. In that case, the first target price 1.2797 may be reached, as well as the second target price 1.2952. Subsequently, the price may extend further and finally reach 1.3045 by the end of today's market session.
On the other hand, if the price breaks below '1.2705', 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 1.2550 and even test 1.2458. Lastly, a sharper decrease towards 1.2302 is also possible by the end of today's trading session.
#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 : 4th Week
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 '0.8949'. This downward movement could lead to the achievement of the first target 0.8863 and potentially extend to 0.8740. Further downside potential exists, with the price possibly declining towards 0.8654 before the end of today's trading session.
However, should the price rise above the '0.8949', 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 0.9072 and subsequently level off at 0.9158. A stronger increase towards 0.9281 is also foreseen earlier than today's closing 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 : 4th Week
This currency pair is expected to have a Bearish bias today. Traders can consider a Short position once the price confirms below the '0.8468'. In that case, the first target price 0.8401 may be reached, as well as the second target price 0.8330. Subsequently, the price may extend further and finally reach 0.8263 by the end of today's market session.
On the other hand, if the price breaks above '0.8468', 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 0.8539 and even test 0.8606. Lastly, a stronger increase towards 0.8677 is also possible by the end of today's trading 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 : 4th Week
The prevailing market sentiment for this currency pair is Bullish today. Traders seeking upward opportunities may consider Long positions if the price exceeds the '0.6649'. This breakthrough could pave the way towards the first target level 0.6723 and potentially extend to 0.6778. Further upside momentum might even push the price towards 0.6852 by the end of today's trading session.
In contrast, if the price '0.6649' 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 0.6594 and potentially test 0.6520. A sharper decline towards 0.6465 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 : 4th 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 '0.6123'. This breakthrough could lead to the attainment of the first target level 0.6024, coupled with the second target level 0.5958. Further pull might even lead the price towards 0.5860 before the day gets over.
Oppositely, breaking upper the price '0.6123' 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 0.6189 , but it may also see 0.6288. A more substantial increase towards 0.6353 is also on the way to get the session over.
#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 : 4th 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 '170.77'. This breakdown could pave the way towards the first target level 169.10 and potentially extend to 165.85. Further downside momentum might even push the price towards 164.18 by the end of today's trading session.
In contrast, if the price '170.77' 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 174.02 and potentially test 175.69. A stronger increase towards 178.94 is also possible before 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 : 4th 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 '201.38'. This breakthrough could lead to the attainment of the first target level 205.56, coupled with the second target level 207.76. Further push might even lead the price towards 211.94 before the day gets over.
Oppositely, breaking lower the price '201.38' 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 199.18 , but it may also see 195.00. A more substantial decline towards 192.80 is also on the way to get the session over.
#Monthly #GBPJPY #Forex Technical Review
