Daily Price Outlook

- Bearish Momentum: EUR/USD remains bearish below the 50 EMA at $1.04681 and the Pivot Point at $1.03805.

- Support Levels: Key supports at $1.03556, $1.03326, and $1.03099.

- Resistance Levels: Immediate resistance at $1.04063, followed by $1.04223 and $1.04476.

EUR/USD is trading at $1.03842, down 0.02%, reflecting a cautious market sentiment as it hovers slightly above the Pivot Point at $1.03805.

The currency pair faces immediate resistance at $1.04063, followed by stronger barriers at $1.04223 and $1.04476. These resistance levels coincide with the 50-day Exponential Moving Average (EMA) at $1.04681, suggesting continued selling pressure unless the pair breaks above this level.

On the downside, immediate support is observed at $1.03556, with further cushions at $1.03326 and $1.03099.

A break below $1.03556 could accelerate the bearish trend, pushing EUR/USD towards the lower support zones.

Conversely, a sustained move above $1.03805 could challenge the $1.04063 resistance level, potentially shifting momentum towards the bulls.

The technical setup indicates a bearish bias as long as EUR/USD trades below the 50 EMA and the Pivot Point. The 4-hour chart shows a descending trendline, reinforcing selling interest. If the price fails to reclaim the $1.03805 level, it is likely to face continued downward pressure.

For now, the recommended strategy is to Buy Above $1.03810, with a Take Profit at $1.04223 and a Stop Loss at $1.03553.

Traders should watch for price action around $1.03805, as a break above this level could invalidate the bearish outlook and trigger a short-term recovery.

EUR/USD - Trade Ideas

Entry Price – Buy Above 1.03810

Take Profit – 1.04223

Stop Loss – 1.03553

Risk to Reward – 1: 1.3

Profit & Loss Per Standard Lot = +$426/ -$257

Profit & Loss Per Mini Lot = +$42/ -$25

Daily Price Outlook

- Bearish Momentum: Gold remains bearish below the 50 EMA at $2,913.75 and the Pivot Point at $2,868.01.

- Support Levels: Key supports at $2,848.61, $2,831.24, and $2,815.11.

- Resistance Levels: Immediate resistance at $2,889.16, followed by $2,906.26 and $2,930.44.

Gold (XAU/USD) is trading at $2,864.54, showing a slight uptick of 0.04% but remains under pressure as it hovers below the Pivot Point at $2,868.01. The metal faces significant resistance at $2,889.16, followed by stronger barriers at $2,906.26 and $2,930.44.

These resistance levels align with the 50-day Exponential Moving Average (EMA) at $2,913.75, reinforcing a bearish bias unless gold breaks above this level.

On the downside, immediate support is seen at $2,848.61, with deeper cushions at $2,831.24 and $2,815.11. A break below $2,848.61 could accelerate the bearish trend, pushing prices toward the lower support zones.

Conversely, a sustained move above $2,868.01 could challenge the $2,889.16 resistance level, potentially shifting momentum toward the bulls.

The technical setup indicates a bearish bias as long as gold remains below the 50 EMA and the Pivot Point. The daily chart shows a descending trendline, further confirming selling pressure. Traders should watch for a potential breakdown below $2,848.61, which could trigger a more substantial sell-off.

For now, the recommended strategy is to Sell Below $2,867, with a Take Profit at $2,848 and a Stop Loss at $2,880. Monitoring price action near $2,868.01 will be crucial, as a break above this level could invalidate the bearish outlook.

GOLD (XAU/USD) - Trade Ideas

Entry Price – Sell Below 2867

Take Profit – 2848

Stop Loss – 2880

Risk to Reward – 1: 1.4

Profit & Loss Per Standard Lot = +$1900/ -$1300

Profit & Loss Per Mini Lot = +$190/ -$130

Daily Price Outlook

- Bullish Bias: USD/JPY remains bullish above the Pivot Point at 149.656 and the 50 EMA at 149.489.

- Support Levels: Immediate support at 149.551, with significant floors at 147.700 and 146.865.

- Resistance Levels: Upside resistance at 150.708, 151.483, and 152.318.

USD/JPY is trading at 149.343, up 0.01%, maintaining a bullish stance just below the Pivot Point at 149.656. The pair is showing resilience above the 50-day Exponential Moving Average (EMA) at 149.489, indicating that buyers are still in control.

Immediate resistance is seen at 150.708, with stronger barriers at 151.483 and 152.318. A break above 149.656 could trigger bullish momentum, targeting these resistance levels.

On the downside, support is located at 149.551, with deeper cushions at 147.700 and 146.865. A dip below 149.551 could invite selling pressure, potentially leading to a retest of the support at 147.700.

If the price continues to decline, the major support at 146.865 could serve as a crucial area for buyers to defend.

The technical setup favors a bullish trend as long as USD/JPY stays above the 50 EMA at 149.489. The 4-hour chart reveals a pattern of higher lows, reflecting upward momentum.

The Pivot Point at 149.656 is a key level to watch; a break above this could solidify the bullish outlook, pushing the pair toward 150.708. Conversely, a decline below 149.551 would challenge the bullish bias, targeting 147.700.

For traders, the strategy is to Buy Above 149.893 with a Take Profit at 150.961 and a Stop Loss at 148.921.

USD/JPY - Trade Ideas

Entry Price – Buy Above 149.893

Take Profit – 150.961

Stop Loss – 148.921

Risk to Reward – 1: 1.1

Profit & Loss Per Standard Lot = +$690/ -$972

Profit & Loss Per Mini Lot = +$106/ -$97

Daily Price Outlook

- Bearish Bias: Gold is bearish below the Pivot Point at $2,905.78 and the 50 EMA at $2,925.55.

- Key Support Levels: Immediate support at $2,877.24, with significant floors at $2,853.42 and $2,834.62.

- Resistance Levels: Upside resistance at $2,924.64, $2,955.49, and $2,980.42.

Gold (XAU/USD) is currently trading at $2,896.48, down 0.03%, as it continues to struggle below the Pivot Point at $2,905.78. The yellow metal is facing selling pressure as it remains under the 50-day Exponential Moving Average (EMA) at $2,925.55, indicating a bearish bias in the short term.

The price action shows resistance at $2,924.64, with stronger barriers at $2,955.49 and $2,980.42. If gold manages to break above $2,905.78, it could trigger a short-term rally towards these resistance levels.

On the downside, immediate support is found at $2,877.24, with more substantial floors at $2,853.42 and $2,834.62. A break below $2,877.24 would reinforce the bearish outlook, likely leading to a test of the next support at $2,853.42.

Should prices continue to fall, the major support at $2,834.62 could act as a crucial level to watch for potential buyers stepping in.

The technical setup suggests a bearish trend as long as gold remains below the 50 EMA at $2,925.55. The 4-hour chart reveals lower highs and lower lows, reinforcing the downward momentum.

The Pivot Point at $2,905.78 is a critical level; a break above this could invalidate the bearish scenario, leading to a potential reversal towards $2,924.64. Conversely, a break below $2,877.24 would solidify the bearish trend, aiming for $2,853.42.

For traders, the strategy remains to Sell Below $2,905 with a Take Profit at $2,877 and a Stop Loss at $2,924. Gold's short-term outlook remains bearish, but traders should be cautious around key levels for any breakout or reversal signals.

GOLD (XAU/USD) - Trade Ideas

Entry Price – Sell Below 2905

Take Profit – 2877

Stop Loss – 2924

Risk to Reward – 1: 1.4

Profit & Loss Per Standard Lot = +$2800/ -$1900

Profit & Loss Per Mini Lot = +$2800/ -$190

Daily Price Outlook

- Bearish Bias: AUD/USD remains bearish below the Pivot Point at $0.62854 and the 50 EMA at $0.63443.

- Support Levels: Immediate support at $0.62544, with significant floors at $0.62163 and $0.61848.

- Resistance Levels: Upside resistance at $0.63271, $0.63560, and $0.63921.

AUD/USD is trading at $0.62940, down 0.01%, showing some hesitation below the Pivot Point at $0.62854. The pair is struggling to gain momentum as it remains under the 50-day Exponential Moving Average (EMA) at $0.63443, suggesting a bearish bias in the short term.

Immediate resistance is seen at $0.63271, with stronger hurdles at $0.63560 and $0.63921. A break above $0.62854 could trigger buying interest, pushing the pair towards these resistance levels.

On the downside, support is located at $0.62544, followed by more substantial floors at $0.62163 and $0.61848. A break below $0.62544 would reinforce the bearish outlook, likely leading to a test of the next support at $0.62163.

Should prices continue to fall, the key support at $0.61848 could act as a crucial area for potential buyers to step in.

The technical setup favors a bearish trend as long as AUD/USD trades below the 50 EMA at $0.63443. The 4-hour chart shows a pattern of lower highs and lower lows, highlighting the downward momentum.

The Pivot Point at $0.62854 is a critical level to watch; a break above this could invalidate the bearish bias, leading to a potential recovery towards $0.63271. Conversely, a drop below $0.62544 would confirm the bearish trend, targeting $0.62163.

For traders, the strategy remains to Buy Above $0.62851 with a Take Profit at $0.63277 and a Stop Loss at $0.62540.

AUD/USD - Trade Ideas

Entry Price – Buy Above 0.62851

Take Profit – 0.63277

Stop Loss – 0.62540

Risk to Reward – 1: 1.3

Profit & Loss Per Standard Lot = +$426/ -$311

Profit & Loss Per Mini Lot = +$42/ -$31

Daily Price Outlook

- Bearish Below $2,925.36: Holding below the pivot targets $2,888.73 and $2,864.18, signaling continued downward momentum.

- Bullish Above $2,925.36: A breakout above $2,955.49 could push prices towards $2,980.42 and $3,005.91.

- Technical Setup: 50 EMA at $2,925.93 acts as dynamic resistance, reinforcing short-term bearish sentiment.

Gold (XAU/USD) is trading at $2,911.71, down 0.01%, reflecting cautious sentiment as it hovers below the pivot point at $2,925.36. The price is also trading under the 50 EMA at $2,925.93, reinforcing short-term bearish momentum.

If the price remains below this pivot, the next target is immediate support at $2,888.73, with a deeper decline towards $2,864.18. A further drop could test $2,834.62, signaling a continuation of the bearish trend.

On the upside, a break above the pivot at $2,925.36 would shift sentiment to bullish, targeting immediate resistance at $2,955.49.

A stronger breakout could push prices towards $2,980.42, with an extended rally reaching $3,005.91 if buying momentum sustains. However, given the current bearish bias and downward pressure from the 50 EMA, the path of least resistance remains to the downside.

The technical outlook suggests a cautious sell below the pivot of $2,925, with an entry targeting $2,888 and a stop loss at $2,947. This setup offers a favorable risk-reward ratio, aligning with the short-term bearish sentiment.

Traders should watch for volume confirmation and price action around the pivot point to validate the bearish momentum before committing to short positions.

Conversely, if the price breaks above $2,925.36 with significant buying volume, it would invalidate the bearish setup and open the path for a potential bullish reversal.

GOLD (XAU/USD) - Trade Ideas

Entry Price – Sell Below 2925

Take Profit – 2888

Stop Loss – 2947

Risk to Reward – 1: 1.6

Profit & Loss Per Standard Lot = +$3700/ -$2200

Profit & Loss Per Mini Lot = +$370/ -$220

Daily Price Outlook

- Bullish Above $1.26211: Holding above the pivot targets $1.26896 and $1.27569, indicating continued upward momentum.

- Bearish Below $1.26211: A breakdown could see declines towards $1.25660 and $1.25087, signaling a potential bearish reversal.

- Technical Setup: 50 EMA at $1.26219 acts as dynamic support, reinforcing short-term bullish sentiment.

GBP/USD is trading at $1.26528, down 0.01%, reflecting a cautious sentiment as it hovers above the pivot point at $1.26211. The pair is trading slightly above the 50 EMA at $1.26219, signaling short-term bullish momentum.

If the price maintains its position above the pivot, the next target is immediate resistance at $1.26896. A break above this level could push prices towards $1.27569, with a further move towards $1.28233 if bullish momentum continues.

On the downside, if GBP/USD breaks below the pivot at $1.26211, it would shift sentiment to bearish, targeting immediate support at $1.25660.

A deeper decline could see the pair testing $1.25087, with a more substantial floor at $1.24528 if selling pressure intensifies. The 50 EMA at $1.26219 acts as dynamic support, and a break below this level would confirm a bearish reversal.

The technical outlook suggests a cautious buy above the pivot at $1.26218, targeting $1.27126 with a stop loss at $1.25869.

This setup aligns with the short-term bullish bias while maintaining a favorable risk-reward ratio. Traders should watch for volume confirmation and price action around the $1.26896 resistance to validate the bullish momentum.

Conversely, a break below $1.26211 would invalidate the bullish setup and shift sentiment to bearish, likely driving prices towards $1.25660 and beyond.

GBP/USD - Trade Ideas

Entry Price – Buy Above 1.26218

Take Profit – 1.27126

Stop Loss – 1.25869

Risk to Reward – 1: 2.6

Profit & Loss Per Standard Lot = +$908/ -$349

Profit & Loss Per Mini Lot = +$90/ -$34

Daily Price Outlook

- Bullish Above $1.04780: Holding above the pivot targets $1.05290 and $1.05673, signaling continued upward momentum.

- Bearish Below $1.04780: A breakdown could see declines towards $1.04505 and $1.04075, signaling a potential bearish reversal.

- Technical Setup: 50 EMA at $1.04709 acts as dynamic support, reinforcing short-term bullish sentiment.

EUR/USD is trading at $1.04972, down 0.01%, reflecting cautious sentiment as it hovers just above the pivot point at $1.04780. The pair is trading above the 50 EMA at $1.04709, signaling short-term bullish momentum.

If the price holds above this pivot, the next target is immediate resistance at $1.05290. A break above this level could push prices towards $1.05673, with a more ambitious move towards $1.06076 if buying pressure continues.

On the downside, if EUR/USD breaks below the pivot at $1.04780, it would shift sentiment to bearish, targeting immediate support at $1.04505.

A further decline could see the pair testing $1.04075, with a deeper drop towards $1.03556 if selling intensifies. The 50 EMA at $1.04709 acts as dynamic support, and a break below this level would confirm a bearish reversal.

The technical outlook suggests a cautious buy above the pivot at $1.04785, targeting $1.05475 with a stop loss at $1.04402.

This setup aligns with the short-term bullish bias while maintaining a favorable risk-reward ratio. Traders should watch for volume confirmation and price action around the $1.05290 resistance to validate the bullish momentum.

Conversely, a break below $1.04780 would invalidate the bullish setup and shift sentiment to bearish, likely driving prices towards $1.04505 and beyond.

EUR/USD - Trade Ideas

Entry Price – Buy Above 1.04785

Take Profit – 1.05475

Stop Loss – 1.04402

Risk to Reward – 1: 1.8

Profit & Loss Per Standard Lot = +$690/ -$383

Profit & Loss Per Mini Lot = +$69/ -$38

Daily Price Outlook

- Bearish Below $1.42817: Holding below the pivot targets $1.42084 and $1.41515, signaling further downside potential.

- Bullish Above $1.42817: A breakout above $1.43425 could push prices towards $1.43805 and $1.44416.

- Technical Setup: 50 EMA at $1.42076 acts as dynamic support. Watch for volume confirmation to gauge the next directional move.

USD/CAD is trading at $1.42491, showing no significant change for the session as traders remain cautious ahead of key economic data.

The pair is currently hovering below the pivotal level of $1.42817, which serves as a critical threshold for short-term market sentiment.

A sustained move below this pivot keeps the bearish outlook intact, with immediate support at $1.42084. If bearish momentum strengthens, the next support is at $1.41515, followed by a deeper safety net at $1.40999.

On the upside, immediate resistance is seen at $1.43425. A break above this level could trigger a rally towards $1.43805, with the next target at $1.44416 if bullish momentum accelerates.

The 50 EMA is positioned at $1.42076, acting as dynamic support. The pair’s ability to stay above this moving average indicates underlying bullish pressure despite short-term hesitation.

The technical outlook suggests a cautious sell below the pivot point of $1.42820, with an entry at this level targeting $1.42085 and a stop loss at $1.43354.

This setup offers a favorable risk-reward ratio, aligning with the current bearish bias. However, traders should look for volume confirmation to validate the downward momentum before committing to short positions.

Conversely, a break above $1.42817 would flip the sentiment to bullish, potentially driving prices towards $1.43425 and beyond.

Given the market's sensitivity to economic indicators and geopolitical tensions, volatility is likely to persist. Traders should remain vigilant for any macroeconomic surprises that could impact USD/CAD’s trajectory.

USD/CAD - Trade Ideas

Entry Price – Sell Below 1.42820

Take Profit – 1.42085

Stop Loss – 1.43354

Risk to Reward – 1: 1.3

Profit & Loss Per Standard Lot = +$735/ -$493

Profit & Loss Per Mini Lot = +$73/ -$53

Daily Price Outlook

- Bullish Above $2,934.63: Holding above the pivot keeps bullish momentum intact, targeting $2,955.49 and $2,970.91.

- Bearish Below $2,934.63: A break below the pivot may trigger declines toward $2,921.42 and $2,907.22.

- Technical Setup: 50 EMA at $2,938.23 indicates short-term indecision; watch for volume spikes to confirm breakout direction.

Gold prices are showing cautious sentiment, trading at $2,939.55, down 0.02% for the session. The precious metal is currently hovering just above the pivotal level of $2,934.63, a critical threshold that could determine its next move.

Holding above this pivot keeps bullish hopes alive, with immediate resistance at $2,955.49. A break above this level could push prices towards $2,970.91, with the next target at $2,985.30 if bullish momentum sustains.

On the downside, immediate support is at $2,921.42, followed by a more substantial floor at $2,907.22. If bearish pressure intensifies, the next key support level lies at $2,892.63. The 50 EMA sits at $2,938.23, acting as a dynamic support, indicating short-term indecision amidst a broader bullish trend.

The technical outlook suggests a cautious buy above the pivot of $2,934. An entry at this level with a target of $2,955 and a stop loss at $2,925 offers a favorable risk-reward ratio. Traders should watch for volume confirmation and any potential breakout above the resistance to gauge momentum strength.

However, a break below the pivot would shift the sentiment to bearish, likely triggering a move towards the immediate support at $2,921.42.

GOLD (XAU/USD) - Trade Ideas

Entry Price – Buy Above 2934

Take Profit – 2955

Stop Loss – 2925

Risk to Reward – 1: 2.3

Profit & Loss Per Standard Lot = +$2100/ -$900

Profit & Loss Per Mini Lot = +$210/ -$90