Forex Technical Outlook
Weekly Session : Wednesday
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 '0.9695'. Once this level is breached, the first target 0.9617 becomes attainable, followed by the second target 0.9564. Furthermore, it is even possible for the price to decline towards 0.9486 before the end of today's market session.
Nonetheless, a breakthrough above the '0.9695' could indicate a potential reversal, leading to Long positions. In such a scenario, the price could rise towards the first resistance level 0.9748 and perhaps test 0.9826. A more substantial increase towards 0.9879 is also possible before the market closes today.
#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 : Wednesday
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 '1.6205'. This breakthrough could lead to the attainment of the first target level 1.6354, coupled with the second target level 1.6436. Further push might even lead the price towards 1.6585 before the day gets over.
Oppositely, breaking lower the price '1.6205' 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 1.6123 , but it may also see 1.5974. A more substantial decline towards 1.5893 is also on the way to get the session over.
#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 : Wednesday
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 '1.8008'. This breakthrough could lead to the achievement of the first target 1.8212 and potentially extend to 1.8321. Further upside potential exists, with the price possibly reaching 1.8525 before the end of today's trading session.
However, should the price breach below the '1.8008', 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 1.7899 and subsequently level off at 1.7695. A sharper decline towards 1.7585 is also foreseen earlier than today's closing session.
#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 : Wednesday
This currency pair is expected to have a Bullish bias today. Traders can consider a Long position once the price confirms above the '1.4914'. In that case, the first target price 1.4996 may be reached, as well as the second target price 1.5056. Subsequently, the price may extend further and finally reach 1.5138 by the end of today's market session.
On the other hand, if the price breaks below '1.4914', 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 1.4854 and even test 1.4772. Lastly, a sharper decrease towards 1.4712 is also possible by the end of today's trading session.
#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 : Wednesday
The market sentiment for this currency pair suggests a Bullish outlook today. Traders may consider taking Long positions sooner the price surpasses the '1.9265'. This confirmation could lead to the achievement of the first target 1.9403 before following the second target price 1.9497. Further upside potential exists, with the price possibly aiming for 1.9634 before the end of today's market session.
Nonetheless, if the price breaks below the '1.9265', 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 1.9171 and potentially test 1.9033. A sharper decline towards 1.8940 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 : Wednesday
The market sentiment for this currency pair appears to be Bullish today. Traders may consider initiating Long positions sooner the price surpasses the '2.1395'. The initial target level 2.1577 could be initially attained, coupled with the second target level 2.1676. Eventually, there is a chance for the price to advance further and reach 2.1859 before the trading day concludes.
Contrarily, breaking below the price '2.1395' 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 2.1296 and potentially test 2.1114. A sharper decline towards 2.1014 is also possible before the end of today's trading session.
#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 : Wednesday
This currency pair is showing signs of a Bullish trend today. Traders considering Long positions may do so if the price surpasses the '1.7743'. This ascence could pave the way towards the first target level 1.7808 and potentially extend to 1.7891. Further upside momentum might even push the price towards 1.7956 before this session ends.
In contrary, breaking below the price '1.7743' may indicate a shift in sentiment, convincing traders to consider Short position. In such a scenario, the price may dive towards the first support level 1.7660 and possibly further to 1.7595. A deeper plunge towards 1.7511 is also probable before before we call it a day.
#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 : Wednesday
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 '105.67'. Once this level is breached, the first target 104.12 becomes attainable, followed by the second target 102.97. Furthermore, it is even possible for the price to decline towards 101.41 before the end of today's market session.
Nonetheless, a breakthrough above the '105.67' could indicate a potential reversal, leading to Long positions. In such a scenario, the price could rise towards the first resistance level 106.82 and perhaps test 108.37. A more substantial increase towards 109.52 is also possible before the market closes today.
#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 : Wednesday
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 '95.21'. This breakthrough could lead to the attainment of the first target level 93.80, coupled with the second target level 93.02. Further pull might even lead the price towards 91.61 before the day gets over.
Oppositely, breaking upper the price '95.21' 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 95.99 , but it may also see 97.40. A more substantial increase towards 98.18 is also on the way to get the session over.
#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 : Wednesday
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 '114.75'. This downward movement could lead to the achievement of the first target 113.45 and potentially extend to 112.27. Further downside potential exists, with the price possibly declining towards 110.98 before the end of today's trading session.
However, should the price rise above the '114.75', 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 115.93 and subsequently level off at 117.23. A stronger increase towards 118.40 is also foreseen earlier than today's closing session.
#Weekly #CADJPY #Forex Technical Outlook
