Forex Technical Outlook
Weekly Session : Monday
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 '1.0989'. Once this level is breached, the first target 1.0933 becomes attainable, followed by the second target 1.0856. Furthermore, it is even possible for the price to decline towards 1.0799 before the end of today's market session.
Nonetheless, a breakthrough above the '1.0989' could indicate a potential reversal, leading to Long positions. In such a scenario, the price could rise towards the first resistance level 1.1066 and perhaps test 1.1122. A more substantial increase towards 1.1200 is also possible before the market closes today.
#Weekly #EURUSD #Forex Technical Outlook
Note: This part is being updated using Frustrader AI Integration. EURUSD has no update for this session
Forex Technical Outlook
Weekly Session : Monday
This currency pair is expected to have a Bullish bias today. Traders can consider a Long position once the price confirms above the '142.11'. In that case, the first target price 143.54 may be reached, as well as the second target price 145.32. Subsequently, the price may extend further and finally reach 146.74 by the end of today's market session.
On the other hand, if the price breaks below '142.11', 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 140.33 and even test 138.90. Lastly, a sharper decrease towards 137.13 is also possible by the end of today's trading session.
#Weekly #USDJPY #Forex Technical Outlook
Note: This part is being updated using Frustrader AI Integration. USDJPY has no update for this session
Forex Technical Outlook
Weekly Session : Monday
The market sentiment for this currency pair suggests a Bullish outlook today. Traders may consider taking Long positions sooner the price surpasses the '1.3308'. This confirmation could lead to the achievement of the first target 1.3466 before following the second target price 1.3551. Further upside potential exists, with the price possibly aiming for 1.3709 before the end of today's market session.
Nonetheless, if the price breaks below the '1.3308', 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 1.3223 and potentially test 1.3065. A sharper decline towards 1.2979 is also possible before the end of today's trading session.
#Weekly #USDCAD #Forex Technical Outlook
Note: This part is being updated using Frustrader AI Integration. USDCAD has no update for this session
Forex Technical Outlook
Weekly Session : Monday
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 '1.2747'. Once this level is breached, the first target 1.2622 becomes attainable, followed by the second target 1.2495. Furthermore, it is even possible for the price to decline towards 1.2370 before the end of today's market session.
Nonetheless, a breakthrough above the '1.2747' could indicate a potential reversal, leading to Long positions. In such a scenario, the price could rise towards the first resistance level 1.2874 and perhaps test 1.2999. A more substantial increase towards 1.3127 is also possible before the market closes today.
#Weekly #GBPUSD #Forex Technical Outlook
Note: This part is being updated using Frustrader AI Integration. GBPUSD has no update for this session
Forex Technical Outlook
Weekly Session : Monday
This currency pair is expected to have a Bullish bias today. Traders can consider a Long position once the price confirms above the '0.8732'. In that case, the first target price 0.8799 may be reached, as well as the second target price 0.8872. Subsequently, the price may extend further and finally reach 0.8940 by the end of today's market session.
On the other hand, if the price breaks below '0.8732', 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 0.8659 and even test 0.8592. Lastly, a sharper decrease towards 0.8518 is also possible by the end of today's trading session.
#Weekly #USDCHF #Forex Technical Outlook
Note: This part is being updated using Frustrader AI Integration. USDCHF has no update for this session
Forex Technical Outlook
Weekly Session : Monday
The market sentiment for this currency pair suggests a Bullish outlook today. Traders may consider taking Long positions sooner the price surpasses the '0.8613'. This confirmation could lead to the achievement of the first target 0.8676 before following the second target price 0.8718. Further upside potential exists, with the price possibly aiming for 0.8781 before the end of today's market session.
Nonetheless, if the price breaks below the '0.8613', 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 0.8571 and potentially test 0.8508. A sharper decline towards 0.8466 is also possible before the end of today's trading session.
#Weekly #EURGBP #Forex Technical Outlook
Note: This part is being updated using Frustrader AI Integration. EURGBP has no update for this session
Forex Technical Outlook
Weekly Session : Monday
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 '0.6607'. Once this level is breached, the first target 0.6475 becomes attainable, followed by the second target 0.6382. Furthermore, it is even possible for the price to decline towards 0.6250 before the end of today's market session.
Nonetheless, a breakthrough above the '0.6607' could indicate a potential reversal, leading to Long positions. In such a scenario, the price could rise towards the first resistance level 0.6700 and perhaps test 0.6832. A more substantial increase towards 0.6926 is also possible before the market closes today.
#Weekly #AUDUSD #Forex Technical Outlook
Note: This part is being updated using Frustrader AI Integration. AUDUSD has no update for this session
Forex Technical Outlook
Weekly Session : Monday
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 '0.6127'. This breakthrough could lead to the attainment of the first target level 0.6029, coupled with the second target level 0.5962. Further pull might even lead the price towards 0.5863 before the day gets over.
Oppositely, breaking upper the price '0.6127' 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 0.6194 , but it may also see 0.6292. A more substantial increase towards 0.6360 is also on the way to get the session over.
#Weekly #NZDUSD #Forex Technical Outlook
Note: This part is being updated using Frustrader AI Integration. NZDUSD has no update for this session
Forex Technical Outlook
Weekly Session : Monday
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 '156.23'. This breakthrough could lead to the achievement of the first target 157.36 and potentially extend to 158.62. Further upside potential exists, with the price possibly reaching 159.75 before the end of today's trading session.
However, should the price breach below the '156.23', 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 154.97 and subsequently level off at 153.84. A sharper decline towards 152.58 is also foreseen earlier than today's closing session.
#Weekly #EURJPY #Forex Technical Outlook
Note: This part is being updated using Frustrader AI Integration. EURJPY has no update for this session
Forex Technical Outlook
Weekly Session : Monday
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 '181.43'. Upon surpassing this level, the first target 182.51 becomes achievable, followed by the second target 184.32. Furthermore, It is even possible for the price to ascend towards 185.40 before the end of today's market session.
Nevertheless, a breach below the '181.43' could indicate a potential reversal, leading to Short positions. In such a scenario, the price could retreat towards the first support level 179.62 and perhaps test 178.54. A more substantial decline towards 176.73 is also plausible before the market closes today.
#Weekly #GBPJPY #Forex Technical Outlook
