Daily Price Outlook

- Bearish Bias: Trading below the pivot point and 50-day EMA at $1.05494 reinforces downside risks.

- Support Levels: Immediate support at $1.04516, with potential declines toward $1.04300 if breached.

- Weak Momentum: RSI at 38 indicates subdued buying interest, leaning toward oversold territory.

EUR/USD is trading at $1.04841, marking a modest gain of 0.10%, as the pair consolidates near critical support levels. Immediate resistance lies at $1.05129, with higher targets at $1.05767 and $1.06083. On the downside, immediate support is set at $1.04516, followed by $1.04300 and $1.03999, signaling the potential for bearish pressure if the pair breaches key levels.

The pivot point at $1.05548 serves as a key marker for directional bias. Currently, the pair trades below the 50-day EMA at $1.05494, indicating a bearish trend in the short term. The RSI at 38 suggests weak momentum, leaning toward oversold conditions but not yet signaling a reversal.

Traders are advised to consider selling below $1.05122, targeting $1.04501 with a stop-loss at $1.05629. A break below $1.04516 could lead to further declines toward $1.04300, while a recovery above $1.05129 would challenge bearish dominance and open the path to $1.05767.

EUR/USD - Trade Ideas

Entry Price – Sell Below 1.05122

Take Profit – 1.04501

Stop Loss – 1.05629

Risk to Reward – 1: 1.2

Profit & Loss Per Standard Lot = +$621/ -$507

Profit & Loss Per Mini Lot = +$62/ -$50

Daily Price Outlook

- Pivot and Resistance: Holding above $5,987.87 targets $6,017.29 and $6,056.54 resistance levels.

- Support Levels: Immediate support at $5,926.35, with the 50-day EMA at $5,939.36 providing dynamic reinforcement.

- RSI Momentum: RSI at 57 signals room for further gains without reaching overbought territory.

The SPX index is trading at $5,948.70, up 0.53% on the day, as the market shows signs of sustained upward momentum. The immediate resistance at $6,017.29 is within reach, with additional targets at $6,056.54. On the downside, immediate support is at $5,926.35, followed by key levels at $5,838.15 and $5,808.52, forming a solid base for potential pullbacks.

The pivot point at $5,987.87 serves as a critical threshold for continued bullish momentum. A decisive move above this level could propel the index further into resistance territory, while a breach below would signal caution.

The RSI currently reads 57, suggesting neutral momentum with room for further upside without triggering overbought conditions.

The 50-day EMA, currently at $5,939.36, is providing dynamic support, reinforcing the index's underlying strength. Traders are advised to consider entry points above $5,925 with a target of $6,000 and a stop-loss at $5,882.

A breakout above $6,017.29 could drive the index toward $6,056.54, though short-term corrections remain possible if broader market sentiment shifts.

S&P 500 - Trade Ideas

Entry Price – Buy Above 5925

Take Profit – 6000

Stop Loss – 5882

Risk to Reward – 1: 1.7

Profit & Loss Per Standard Lot = +$750/ -$430

Profit & Loss Per Mini Lot = +$75/ -$43

Daily Price Outlook

- Resistance Levels: Immediate at $2,675.25; next targets at $2,691.73 and $2,711.09.

- Support Levels: Key support at $2,619.22; additional levels at $2,592.86 and $2,571.02.

- Technical Indicators: RSI at 73 signals overbought conditions, but bullish EMA crossover supports upward trend.

Gold (XAU/USD) is trading at $2,660.89, up 0.39% for the day, supported by strong bullish sentiment on the 4-hour chart. Prices remain comfortably above the pivot point at $2,646, suggesting sustained momentum.

Immediate resistance lies at $2,675.25, followed by $2,691.73 and $2,711.09, as gold continues to push toward higher levels amid global uncertainty and robust safe-haven demand.

On the downside, immediate support is at $2,619.22, with additional levels at $2,592.86 and $2,571.02 providing safety nets for potential retracements. The RSI is currently at 73, indicating overbought conditions, though the strong trend suggests this may persist in the short term.

The 50-day EMA at $2,613.76 offers solid support, reinforcing the bullish case. Traders are advised to monitor the $2,646 pivot closely, as a break below this level could reverse the trend and open the door to sharper declines toward $2,619 or lower.

A potential entry point is identified at $2,646, with a suggested stop loss at $2,630 to manage downside risks. Profit targets are set at $2,674 and above, as technical indicators align with bullish market conditions.

Overall, gold’s technical landscape remains favorable above $2,646, bolstered by geopolitical risks and investor appetite for safe-haven assets. Traders should watch resistance at $2,691.73 for confirmation of further upside momentum.

GOLD (XAU/USD) - Trade Ideas

Entry Price – Buy Above 2646

Take Profit – 2674

Stop Loss – 2630

Risk to Reward – 1: 1.7

Profit & Loss Per Standard Lot = +$2800/ -$1600

Profit & Loss Per Mini Lot = +$280/ -$160

Daily Price Outlook

- Resistance Levels: Immediate at 156.56; next targets at 157.31.

- Support Levels: Immediate support at 154.11; additional levels at 153.29 and 152.62.

- Technical Indicators: RSI at 48 and 50 EMA at 154.87 indicate neutral momentum with a potential breakout on either side.

USD/JPY is trading at 155.08, down 0.22%, reflecting a modest pullback from recent highs. The pivot point at 155.86 is a critical level for bulls to reclaim in order to regain upward momentum. Immediate resistance stands at 156.56, followed by 157.31, while on the downside, support is seen at 154.11, with additional levels at 153.29 and 152.62 offering a cushion against deeper declines.

The 50-day EMA, currently at 154.87, aligns closely with the pair’s immediate support, reinforcing the importance of the 154.11 level. The RSI at 48 indicates neutral momentum, leaving room for either consolidation or a potential directional breakout based on upcoming market catalysts.

A break above the pivot point of 155.86 would signal bullish momentum, targeting resistance at 156.56 and 157.31. Conversely, a drop below immediate support at 154.11 could increase bearish pressure toward 153.29. Traders may consider an entry above 154.86, with a stop loss at 154.28 to mitigate downside risks. Profit targets can be set at 155.87 for a balanced risk-reward scenario.

In summary, USD/JPY is navigating a critical range, with near-term direction hinging on its ability to break above 155.86. Traders should monitor technical levels and market conditions closely for further cues.

USD/JPY - Trade Ideas

Entry Price – Buy Above 154.860

Take Profit – 155.877

Stop Loss – 154.278

Risk to Reward – 1: 1.7

Profit & Loss Per Standard Lot = +$1017/ -$582

Profit & Loss Per Mini Lot = +$101/ -$58

Daily Price Outlook

- Resistance Levels: Immediate at $0.65918, followed by $0.66399.

- Support Levels: Key support at $0.64497, with additional levels at $0.64154 and $0.63763.

- Technical Indicators: RSI at 54 and 50 EMA at $0.64945 suggest balanced momentum with potential for further upside.

The AUD/USD is trading at $0.65119, up 0.10% in the 4-hour timeframe, as the pair shows signs of recovery from earlier lows.

The pivot point at $0.65456 serves as a key level to watch, with a bullish breakout above this potentially opening the door to immediate resistance at $0.65918.

Further upside targets include $0.66399, aligning with improving market sentiment for the Australian dollar amid recent positive economic data.

On the downside, immediate support is located at $0.64497, followed by $0.64154 and $0.63763, where buyers may step in if the pair experiences any pullbacks. The 50-day EMA at $0.64945 is acting as a critical support level, reinforcing the bullish outlook while keeping short-term risks contained.

The RSI at 54 reflects neutral momentum, indicating room for both upside or downside movements depending on broader market catalysts.

Traders should monitor any break above $0.65456 for confirmation of further gains, while a drop below $0.64896 could negate the current upward bias and bring the $0.64497 support level into play.

For a strategic approach, an entry above $0.64895 is recommended, with a stop loss at $0.64503 to minimize downside risks. Profit targets are set at $0.65463 and potentially higher levels if resistance is breached.

GOLD (XAU/USD) - Trade Ideas

Entry Price – Buy Above 0.64895

Take Profit – 0.65463

Stop Loss – 0.64503

Risk to Reward – 1: 1.4

Profit & Loss Per Standard Lot = +$568/ -$392

Profit & Loss Per Mini Lot = +$56/ -$39

Daily Price Outlook

- Resistance Levels: Immediate resistance at $1.27565, with higher barriers at $1.27926 and $1.28300 as potential targets.

- Support Levels: Immediate support at $1.26714, followed by $1.26272 and $1.25630 for downside risk.

- Technical Indicators: RSI at 61 supports bullish momentum; 50-day EMA at $1.26601 offers key support for trend validation.

GBP/USD is trading at $1.27004, up 0.18%, showing modest bullish momentum as it hovers near the pivot point at $1.27205. Immediate resistance lies at $1.27565, followed by $1.27926, marking key levels for potential upward continuation.

The 50-day EMA at $1.26601 acts as a critical support zone, closely aligned with the immediate support level at $1.26714. Further downside support levels to watch are $1.26272 and $1.25630.

The Relative Strength Index (RSI) stands at 61, suggesting that bullish momentum is gaining traction but remains below overbought conditions. The pair is trading above the 50-day EMA, reinforcing the short-term bullish bias. However, failure to sustain above $1.27205 could push prices back toward support zones, risking a shift in sentiment.

Traders are advised to consider buying above $1.26814, targeting $1.27281 with a stop loss at $1.26592. A sustained break above $1.27565 could confirm further gains, while a move below $1.26714 would test the pair’s resilience.

GBP/USD maintains a bullish bias above $1.27205, targeting $1.27565. A break above resistance could signal further gains, while failure to hold above $1.26714 may shift the trend to bearish.

GBP/USD - Trade Ideas

Entry Price – Buy Above 1.26814

Take Profit – 1.27281

Stop Loss – 1.26592

Risk to Reward – 1: 2

Profit & Loss Per Standard Lot = +$467/ -$222

Profit & Loss Per Mini Lot = +$46/ -$22

Daily Price Outlook

- Resistance Levels: Key resistances are at $2,663.57, $2,684.85, and $2,707.65, requiring a breakout to reverse bearish sentiment.

- Support Levels: Immediate support lies at $2,612.40, with deeper levels at $2,590.11 and $2,561.23.

- Technical Indicators: RSI at 59 indicates neutral momentum; 50-day EMA at $2,593.63 reinforces bearish pressure below the pivot.

Gold prices (XAU/USD) are trading at $2,629.60, down 0.09% as bearish momentum emerges below the pivot point at $2,640.77. Immediate resistance is positioned at $2,663.57, with higher barriers at $2,684.85 and $2,707.65, forming a challenging upward path.

The 50-day EMA at $2,593.63 aligns with the immediate support level of $2,612.40, providing key downside protection. Additional support levels include $2,590.11 and $2,561.23.

The Relative Strength Index (RSI) at 59 suggests neutral momentum, leaving room for further selling pressure if prices fail to reclaim $2,640.77. A break below $2,612.40 would likely intensify the downward trajectory, targeting $2,590.11.

Conversely, a sustained push above $2,663.57 could signal renewed bullish interest, but near-term sentiment leans bearish.

Traders are advised to consider selling below $2,641, targeting $2,598 with a stop loss at $2,664. With the strong US dollar and rising Treasury yields weighing on gold, the path of least resistance appears downward.

Gold is bearish below $2,641, with selling opportunities targeting $2,598. A break below $2,612.40 could accelerate losses, while resistance at $2,663.57 holds the key to any bullish recovery.

GOLD (XAU/USD) - Trade Ideas

Entry Price – Sell Below 2641

Take Profit – 2598

Stop Loss – 2664

Risk to Reward – 1: 1.8

Profit & Loss Per Standard Lot = +$4300/ -$2300

Profit & Loss Per Mini Lot = +$430/ -$230

Daily Price Outlook

- Resistance Levels: Key resistance at $1.06083, $1.06367, and $1.06620. A breakout above these levels is needed for bullish momentum.

- Support Levels: Immediate support lies at $1.05472, with further levels at $1.05176 and $1.04867 to watch for deeper downside risks.

- Technical Indicators: RSI at 52 signals neutral momentum, while the 50-day EMA at $1.05623 acts as a dynamic support zone.

EUR/USD is trading at $1.05874, down 0.06%, with bearish sentiment as the pair holds below the pivot point at $1.06083. Immediate resistance is positioned at $1.06367, with further resistance levels at $1.06620 and $1.06874, marking potential reversal zones for a bullish recovery.

The 50-day EMA at $1.05623 aligns closely with immediate support at $1.05472, forming a key short-term floor. Deeper support levels include $1.05176 and $1.04867, providing targets for sellers if the bearish trend persists.

The Relative Strength Index (RSI) is at 52, reflecting neutral momentum with no clear overbought or oversold signals. The pair is trading above the 50-day EMA, suggesting slight underlying bullish strength, but failure to break above $1.06083 could trigger a retreat.

Traders should watch the $1.05793 pivot closely—staying above this level favors bullish strategies, while a sustained break below $1.05472 would open the door for deeper corrections.

For now, a buy position above $1.05793 is recommended, targeting $1.06254 with a stop loss at $1.05565. However, sustained resistance at $1.06083 could limit gains, keeping the pair in a tight trading range.

EUR/USD remains range-bound below $1.06083, with opportunities for buying above $1.05793. However, failure to clear resistance levels could prompt further selling toward $1.05176.

EUR/USD - Trade Ideas

Entry Price – Buy Above 1.05793

Take Profit – 1.06254

Stop Loss – 1.05565

Risk to Reward – 1: 2

Profit & Loss Per Standard Lot = +$461/ -$228

Profit & Loss Per Mini Lot = +$46/ -$22

Daily Price Outlook

- Pivot Level: Below $1.40263 favors bearish momentum; above it, buyers could regain control.

- Resistance Zones: Watch $1.40489 and $1.40711 for potential rebound caps.

- Support Levels: Key levels to watch are $1.39888 and $1.39599 for downside extensions.

USD/CAD is trading at $1.40166, down 0.02%, as bearish momentum takes hold on the 4-hour chart. The pair is currently below the pivot point at $1.40263, signaling potential downward pressure.

Immediate resistance stands at $1.40489, followed by $1.40711 and $1.41016, which could act as hurdles for any rebound attempts. On the downside, immediate support lies at $1.39888, with further levels at $1.39599 and $1.39303 providing key zones for bearish targets.

The 50-day EMA at $1.40329 adds to the resistance, reflecting near-term selling bias. Meanwhile, the RSI at 39 highlights bearish momentum but suggests the pair is nearing oversold conditions, which could trigger short-term consolidation. If USD/CAD breaks below $1.39888, it could test $1.39599, but a reversal above $1.40263 would shift the focus back to resistance at $1.40489.

For traders, short positions below $1.40260 align with the bearish outlook. A take-profit at $1.39882 offers a reasonable target, while a stop-loss at $1.40490 helps manage risk.

Selling below $1.40260 with a take-profit at $1.39882 and a stop-loss at $1.40490 aligns with the bearish trend while offering balanced risk management.

USD/CAD – Technical Analysis

Entry Price – Sell Below 1.40260

Take Profit – 1.39882

Stop Loss – 1.40490

Risk to Reward – 1: 1.6

Profit & Loss Per Standard Lot = +$378/ -$230

Profit & Loss Per Mini Lot = +$37/ -$23

Daily Price Outlook

- Pivot Level: Gold remains below $2,627.63, critical for near-term direction.

- Resistance Zones: Breakout above $2,627.63 could target $2,654.35 and $2,678.91.

- Support Levels: Immediate support is at $2,591.93, with the 50-day EMA reinforcing bullish bias.

Gold (XAU/USD) is trading at $2,620.82, up 0.34%, supported by strong bullish sentiment on the 4-hour chart. The metal remains below the pivot point at $2,627.63, which serves as a key decision level.

A break above this pivot could drive prices toward immediate resistance at $2,654.35, with further targets at $2,678.91 and $2,707.57, indicating the potential for a sustained rally.

On the downside, immediate support lies at $2,591.93, with additional levels at $2,561.74 and $2,537.16 offering key protection zones for bulls. The 50-day EMA at $2,583.72 reinforces upward momentum, aligning with the broader bullish trend.

However, the RSI at 67 signals the approach of overbought territory, which could trigger a pullback if resistance near the pivot holds.

For traders, maintaining a cautious approach is advisable. A failure to clear $2,627.63 may prompt selling pressure, with prices likely testing $2,591.93 in the short term.

Conversely, a confirmed breakout above $2,627.63 could pave the way for a challenge of the $2,654.35 level. Setting tight stop losses and monitoring volume near key levels will be critical to managing risk effectively.

GOLD (XAU/USD) - Trade Ideas

Entry Price – Sell Limit 2627

Take Profit – 2592

Stop Loss – 2653

Risk to Reward – 1: 1.3

Profit & Loss Per Standard Lot = +$3500/ -$2600

Profit & Loss Per Mini Lot = +$350/ -$260