Forex Technical Review

Minor Forex Currency Pairs | Monthly : 4th Week

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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 '0.9635'. This breakthrough could pave the way towards the first target level 0.9792 and potentially extend to 0.9958. Further upside momentum might even push the price towards 1.0116 by the end of today's trading session.


In contrast, if the price '0.9635' 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 0.9469 and potentially test 0.9312. A sharper decline towards 0.9145 is also possible before the end of today's trading session.

#Monthly #EURCHF #Forex Technical Review

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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 '1.6158'. This breakthrough could lead to the attainment of the first target level 1.6319, coupled with the second target level 1.6581. Further push might even lead the price towards 1.6742 before the day gets over.


Oppositely, breaking lower the price '1.6158' 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 1.5896 , but it may also see 1.5735. A more substantial decline towards 1.5473 is also on the way to get the session over.

#Monthly #EURAUD #Forex Technical Review

Note: This part is being updated using Frustrader AI Integration. EURAUD 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 '1.7556'. This breakthrough could pave the way towards the first target level 1.7722 and potentially extend to 1.7866. Further upside momentum might even push the price towards 1.8031 by the end of today's trading session.


In contrast, if the price '1.7556' 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 1.7412 and potentially test 1.7246. A sharper decline towards 1.7103 is also possible before the end of today's trading session.

#Monthly #EURNZD #Forex Technical Review

Note: This part is being updated using Frustrader AI Integration. EURNZD 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 '1.4720'. This breakthrough could lead to the attainment of the first target level 1.4853, coupled with the second target level 1.5062. Further push might even lead the price towards 1.5195 before the day gets over.


Oppositely, breaking lower the price '1.4720' 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 1.4511 , but it may also see 1.4378. A more substantial decline towards 1.4169 is also on the way to get the session over.

#Monthly #EURCAD #Forex Technical Review

Note: This part is being updated using Frustrader AI Integration. EURCAD 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 '1.9069'. This breakthrough could pave the way towards the first target level 1.9227 and potentially extend to 1.9504. Further upside momentum might even push the price towards 1.9662 by the end of today's trading session.


In contrast, if the price '1.9069' 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 1.8792 and potentially test 1.8634. A sharper decline towards 1.8357 is also possible before the end of today's trading session.

#Monthly #GBPAUD #Forex Technical Review

Note: This part is being updated using Frustrader AI Integration. GBPAUD 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 '2.0738'. This breakthrough could lead to the attainment of the first target level 2.0870, coupled with the second target level 2.0991. Further push might even lead the price towards 2.1122 before the day gets over.


Oppositely, breaking lower the price '2.0738' 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 2.0617 , but it may also see 2.0485. A more substantial decline towards 2.0365 is also on the way to get the session over.

#Monthly #GBPNZD #Forex Technical Review

Note: This part is being updated using Frustrader AI Integration. GBPNZD has no update for this session

Forex Technical Review
Monthly Session : 4th 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 '1.7388'. Upon surpassing this level, the first target 1.7504 becomes achievable, followed by the second target 1.7721. Furthermore, It is even possible for the price to ascend towards 1.7838 before the end of today's market session.


Nevertheless, a breach below the '1.7388' could indicate a potential reversal, leading to Short positions. In such a scenario, the price could retreat towards the first support level 1.7171 and perhaps test 1.7055. A more substantial decline towards 1.6838 is also plausible before the market closes today.

#Monthly #GBPCAD #Forex Technical Review

Note: This part is being updated using Frustrader AI Integration. GBPCAD has no update for this session

Forex Technical Review
Monthly Session : 4th Week

This currency pair is showing signs of a Bearish trend today. Traders considering Short positions may do so if the price drops below the '105.78'. This breakdown could pave the way towards the first target level 104.10 and potentially extend to 100.93. Further downside momentum might even pull the price towards 99.26 before this session ends.


In contrary, breaking above the price '105.78' may indicate a shift in sentiment, convincing traders to consider Long positions. In such a scenario, the price might climb towards the first resistance level 108.95 and possibly further to 110.63. A higher rise towards 113.80 is also probable before before we call it a day.

#Monthly #AUDJPY #Forex Technical Review

Note: This part is being updated using Frustrader AI Integration. AUDJPY has no update for this session

Forex Technical Review
Monthly Session : 4th 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 '97.11'. Once this level is breached, the first target 96.08 becomes attainable, followed by the second target 94.23. Furthermore, it is even possible for the price to decline towards 93.20 before the end of today's market session.


Nonetheless, a breakthrough above the '97.11' could indicate a potential reversal, leading to Long positions. In such a scenario, the price could rise towards the first resistance level 98.96 and perhaps test 99.99. A more substantial increase towards 101.84 is also possible before the market closes today.

#Monthly #NZDJPY #Forex Technical Review

Note: This part is being updated using Frustrader AI Integration. NZDJPY has no update for this session

Forex Technical Review
Monthly Session : 4th Week

This currency pair is showing signs of a Bearish trend today. Traders considering Short positions may do so if the price drops below the '116.09'. This breakdown could pave the way towards the first target level 114.45 and potentially extend to 111.32. Further downside momentum might even pull the price towards 109.67 before this session ends.


In contrary, breaking above the price '116.09' may indicate a shift in sentiment, convincing traders to consider Long positions. In such a scenario, the price might climb towards the first resistance level 119.22 and possibly further to 120.86. A higher rise towards 124.00 is also probable before before we call it a day.

#Monthly #CADJPY #Forex Technical Review

Note: This part is being updated using Frustrader AI Integration. CADJPY has no update for this session

Caution: Navigate volatile financial markets during Economic News with care. Stay informed, manage risk, and make wise trading decisions. Monthly Forex Technical Review in this page is all generated by Frustrader AI System and does not intend to provide any Trading Signals. However, our trusted tools and expert insights can help you navigate the choppy waters of market fluctuations. Prepare for uncertainty and seize opportunities with confidence.