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 '0.9603'. This breakthrough could lead to the attainment of the first target level 0.9557, coupled with the second target level 0.9508. Further pull might even lead the price towards 0.9463 before the day gets over.
Oppositely, breaking upper the price '0.9603' 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 0.9652 , but it may also see 0.9698. A more substantial increase towards 0.9746 is also on the way to get the session over.
#Weekly #EURCHF #Forex Technical Outlook
Note: This part is being updated using Frustrader AI Integration. EURCHF 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 '1.6622'. This confirmation could lead to the achievement of the first target 1.6902 before following the second target price 1.7047. Further upside potential exists, with the price possibly aiming for 1.7327 before the end of today's market session.
Nonetheless, if the price breaks below the '1.6622', 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 1.6477 and potentially test 1.6197. A sharper decline towards 1.6051 is also possible before the end of today's trading session.
#Weekly #EURAUD #Forex Technical Outlook
Note: This part is being updated using Frustrader AI Integration. EURAUD 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 '1.7934'. Upon surpassing this level, the first target 1.8185 becomes achievable, followed by the second target 1.8320. Furthermore, It is even possible for the price to ascend towards 1.8572 before the end of today's market session.
Nevertheless, a breach below the '1.7934' could indicate a potential reversal, leading to Short positions. In such a scenario, the price could retreat towards the first support level 1.7799 and perhaps test 1.7548. A more substantial decline towards 1.7412 is also plausible before the market closes today.
#Weekly #EURNZD #Forex Technical Outlook
Note: This part is being updated using Frustrader AI Integration. EURNZD has no update for this session
Forex Technical Outlook
Weekly Session : Monday
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 '1.4651'. This breakthrough could lead to the attainment of the first target level 1.4824, coupled with the second target level 1.4917. Further push might even lead the price towards 1.5089 before the day gets over.
Oppositely, breaking lower the price '1.4651' 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 1.4558 , but it may also see 1.4385. A more substantial decline towards 1.4293 is also on the way to get the session over.
#Weekly #EURCAD #Forex Technical Outlook
Note: This part is being updated using Frustrader AI Integration. EURCAD 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 '1.9316'. This confirmation could lead to the achievement of the first target 1.9557 before following the second target price 1.9711. Further upside potential exists, with the price possibly aiming for 1.9951 before the end of today's market session.
Nonetheless, if the price breaks below the '1.9316', 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 1.9162 and potentially test 1.8921. A sharper decline towards 1.8767 is also possible before the end of today's trading session.
#Weekly #GBPAUD #Forex Technical Outlook
Note: This part is being updated using Frustrader AI Integration. GBPAUD 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 '2.0832'. Upon surpassing this level, the first target 2.1029 becomes achievable, followed by the second target 2.1155. Furthermore, It is even possible for the price to ascend towards 2.1353 before the end of today's market session.
Nevertheless, a breach below the '2.0832' could indicate a potential reversal, leading to Short positions. In such a scenario, the price could retreat towards the first support level 2.0706 and perhaps test 2.0509. A more substantial decline towards 2.0383 is also plausible before the market closes today.
#Weekly #GBPNZD #Forex Technical Outlook
Note: This part is being updated using Frustrader AI Integration. GBPNZD 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 '1.6999'. In that case, the first target price 1.7131 may be reached, as well as the second target price 1.7203. Subsequently, the price may extend further and finally reach 1.7335 by the end of today's market session.
On the other hand, if the price breaks below '1.6999', 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 1.6927 and even test 1.6795. Lastly, a sharper decrease towards 1.6722 is also possible by the end of today's trading session.
#Weekly #GBPCAD #Forex Technical Outlook
Note: This part is being updated using Frustrader AI Integration. GBPCAD 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 '93.95'. This confirmation could lead to the achievement of the first target 94.96 before following the second target price 96.83. Further upside potential exists, with the price possibly aiming for 97.83 before the end of today's market session.
Nonetheless, if the price breaks below the '93.95', 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 92.08 and potentially test 91.07. A sharper decline towards 89.20 is also possible before the end of today's trading session.
#Weekly #AUDJPY #Forex Technical Outlook
Note: This part is being updated using Frustrader AI Integration. AUDJPY 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 '87.11'. Once this level is breached, the first target 85.64 becomes attainable, followed by the second target 84.87. Furthermore, it is even possible for the price to decline towards 83.40 before the end of today's market session.
Nonetheless, a breakthrough above the '87.11' could indicate a potential reversal, leading to Long positions. In such a scenario, the price could rise towards the first resistance level 87.88 and perhaps test 89.35. A more substantial increase towards 90.12 is also possible before the market closes today.
#Weekly #NZDJPY #Forex Technical Outlook
Note: This part is being updated using Frustrader AI Integration. NZDJPY 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 '106.62'. In that case, the first target price 107.38 may be reached, as well as the second target price 108.88. Subsequently, the price may extend further and finally reach 109.64 by the end of today's market session.
On the other hand, if the price breaks below '106.62', 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 105.12 and even test 104.36. Lastly, a sharper decrease towards 102.86 is also possible by the end of today's trading session.
#Weekly #CADJPY #Forex Technical Outlook
