Forex Technical Review
Monthly Session : 2nd 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 '0.9637'. This breakdown could pave the way towards the first target level 0.9470 and potentially extend to 0.9355. Further downside momentum might even pull the price towards 0.9187 before this session ends.
In contrary, breaking above the price '0.9637' 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 0.9752 and possibly further to 0.9919. A higher rise towards 1.0035 is also probable before before we call it a day.
#Monthly #EURCHF #Forex Technical Review
Note: This part is being updated using Frustrader AI Integration. EURCHF 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 '1.6399'. This breakthrough could lead to the achievement of the first target 1.6566 and potentially extend to 1.6769. Further upside potential exists, with the price possibly reaching 1.6936 before the end of today's trading session.
However, should the price breach below the '1.6399', 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 1.6196 and subsequently level off at 1.6029. A sharper decline towards 1.5825 is also foreseen earlier than today's closing session.
#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 : 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 '1.7750'. Upon surpassing this level, the first target 1.8021 becomes achievable, followed by the second target 1.8338. Furthermore, It is even possible for the price to ascend towards 1.8610 before the end of today's market session.
Nevertheless, a breach below the '1.7750' could indicate a potential reversal, leading to Short positions. In such a scenario, the price could retreat towards the first support level 1.7433 and perhaps test 1.7162. A more substantial decline towards 1.6844 is also plausible before the market closes today.
#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 : 2nd 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 '1.4584'. This breakthrough could pave the way towards the first target level 1.4790 and potentially extend to 1.5086. Further upside momentum might even push the price towards 1.5292 by the end of today's trading session.
In contrast, if the price '1.4584' 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 1.4288 and potentially test 1.4082. A sharper decline towards 1.3786 is also possible before the end of today's trading session.
#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 : 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 '1.9114'. Upon surpassing this level, the first target 1.9378 becomes achievable, followed by the second target 1.9655. Furthermore, It is even possible for the price to ascend towards 1.9919 before the end of today's market session.
Nevertheless, a breach below the '1.9114' could indicate a potential reversal, leading to Short positions. In such a scenario, the price could retreat towards the first support level 1.8837 and perhaps test 1.8573. A more substantial decline towards 1.8296 is also plausible before the market closes today.
#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 : 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 '2.0677'. Upon surpassing this level, the first target 2.0907 becomes achievable, followed by the second target 2.1147. Furthermore, It is even possible for the price to ascend towards 2.1377 before the end of today's market session.
Nevertheless, a breach below the '2.0677' could indicate a potential reversal, leading to Short positions. In such a scenario, the price could retreat towards the first support level 2.0437 and perhaps test 2.0207. A more substantial decline towards 1.9966 is also plausible before the market closes today.
#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 : 2nd Week
The market sentiment for this currency pair appears to be Bullish today. Traders may consider initiating Long positions sooner the price surpasses the '1.7011'. The initial target level 1.7246 could be initially attained, coupled with the second target level 1.7568. Eventually, there is a chance for the price to advance further and reach 1.7802 before the trading day concludes.
Contrarily, breaking below the price '1.7011' could evidently signify a potential shift in sentiment, prompting traders to consider Short positions. In such a case, the price might retreat towards the first support level 1.6689 and potentially test 1.6454. A sharper decline towards 1.6132 is also possible before the end of today's trading session.
#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 : 2nd Week
The market sentiment for this currency pair appears to be Bearish today. Traders may consider initiating Short positions sooner the price falls below the '94.72'. The initial target level 92.62 could be initially attained, coupled with the second target level 89.68. Eventually, there is a chance for the price to advance further and reach 87.57 before the trading day concludes.
Contrarily, breaking above the price '94.72' 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 97.66 and potentially test 99.76. A stronger increase towards 102.71 is also possible before the end of today's trading session.
#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 : 2nd Week
This currency pair is expected to have a Bearish bias today. Traders can consider a Short position once the price confirms below the '87.64'. In that case, the first target price 85.59 may be reached, as well as the second target price 82.88. Subsequently, the price may extend further and finally reach 80.83 by the end of today's market session.
On the other hand, if the price breaks above '87.64', 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 90.35 and even test 92.40. Lastly, a stronger increase towards 95.11 is also possible by the end of today's trading session.
#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 : 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 '107.15'. This breakthrough could lead to the attainment of the first target level 104.92, coupled with the second target level 101.97. Further pull might even lead the price towards 99.74 before the day gets over.
Oppositely, breaking upper the price '107.15' 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 110.10 , but it may also see 112.33. A more substantial increase towards 115.27 is also on the way to get the session over.
#Monthly #CADJPY #Forex Technical Review
