ForexTradingLounge

ForexTradingLounge

DXY dollar Index is approaching to its strong Resistance level. But it also depends on USD strength and todays unemployment data

ForexTradingLounge

GOLD buy trade target 1945 & 1952. Gold is approaching to its support (1920 - 1922) if that support hold we can take a long position in gold

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AUDUSD buy trade target 0.6450 & 0.6550. Yesterday AUDUSD touch its yearly low from here we can expect to bounce back.

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We are expecting a strength in CAD and weakness in USD and this pair USDCAD is also at resistance level we can expect a short from resistance level with good risk and reward ratio. Target 1.35500 & 1.3400

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EURJPY is approaching to its resistance and we are expecting strength in JPY pairs. Target 1.5650 & 1.5500

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We are expecting a strength in CAD and this pair GBPCAD is at resistance level we can expect a short from resistance level with good risk and reward ratio. Target 1.7050 & 1.6950

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GBPJPY is approaching to its resistance and we are expecting strength in JPY pairs. Target 1.8350 & 1.8150

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Dax Possible short opportunity target 15500. Dax is currently trading at its resistance level we can expect a good short opportunity around 16000.

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I have a positive outlook on NZDUSD, suggesting a bullish opportunity with targets set at 1.6000 and 1.60500. The support level for NZDUSD is at 0.5900, which means we could consider buying from this level with the goal of reaching our set targets.

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USDCAD short opportunity Target 1.35000 & 1.34000. USDCAD approaching to its resistance level we see a good short opportunity between (1.3600 & 1.3650) also Last week USD unemployment data comes negative which suggest that dollar will be weak.

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The trend for gold is positive, and there's optimism in its performance. This sentiment is reinforced by recent unfavorable data on the US job market, indicating potential economic challenges. The optimistic target for gold is set at 1952 and 1960.

ForexTradingLounge

USDCAD short opportunity Target 1.35000 & 1.34000. USDCAD approaching to its resistance level we see a good short opportunity between (1.3600 & 1.3650) also Last week USD unemployment data comes negative which suggest that dollar will be weak.

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POSSIBLE ASCENDING CHANNEL OF GBPAUD - GBPAUD LONG TARGET 1.84000.

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WE ARE EXPECTING MORE LOWER PRICES ON EURUSD OUR TARGET 1.165000

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GBPUSD LONG DEMAND ZONE AROUND 1.35500. WE ARE EXPECTING BUYING FROM THIS LEVEL

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AUDUSD TECHNICAL ANALYSIS - VERY SOON WE ARE EXPECTING SHORT ON AUDUSD TARGET 0.7500 - RESISTANCE 0.83000

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AUDNZD - we expecting short (tripple top & trend line & horizontal resiatnce ) target 1.0700

ForexTradingLounge

EURAUD forming doubble bottom 1.5300 we expecting high prices from the double bottom. target 1.57000