USD/JPY Price Analysis and Trade Forecast: Daily Trading Signal
Daily Price Outlook
- Resistance Levels: Immediate resistance at 158.065; next at 158.742 and 159.672.
- Support Zones: Key support at 155.965; deeper levels at 155.004 and 154.152.
- Technical Indicators: RSI at 40 shows bearish momentum; price below 50 EMA at 157.404 signals continued downside pressure.
USD/JPY is trading at 156.743, down 0.36% in the last session, reflecting continued selling pressure. On the 4-hour chart, the pivot point is positioned at 157.401, serving as a critical level for directional movement.
Immediate resistance is noted at 158.065, followed by stronger hurdles at 158.742 and 159.672. On the downside, key support levels are seen at 155.965, 155.004, and 154.152, offering protection against deeper declines.
The Relative Strength Index (RSI) at 40 signals bearish momentum but suggests the pair is approaching oversold territory, which may limit further downside in the short term. The 50 EMA at 157.404 indicates that USD/JPY is trading below its short-term trend, reinforcing a bearish outlook.
A break below the immediate support at 155.965 could accelerate selling pressure toward 155.004. Conversely, a move above the pivot point at 157.401 may attract buyers, targeting resistance at 158.065.
Overall, the pair’s trajectory remains influenced by technical levels, with a cautious approach advised near the pivot. Traders should watch for decisive moves either above 157.401 for bullish momentum or below 155.965 for further declines.
USD/JPY - Trade Ideas
Entry Price – Buy Above 156
Take Profit – 157.850
Stop Loss – 155
Risk to Reward – 1: 1.8
Profit & Loss Per Standard Lot = +$1850/ -$1000
Profit & Loss Per Mini Lot = +$185/ -$100
AUD/USD Price Analysis and Trade Forecast: Daily Trading Signal
Daily Price Outlook
- Resistance Levels: Immediate resistance at $0.62755; next at $0.63058 and $0.63393.
- Support Zones: Key support at $0.61845; further levels at $0.61496 and $0.61208.
- Technical Indicators: RSI at 46 signals neutrality; price below 50 EMA at $0.62185 supports bearish momentum.
The AUD/USD pair is trading at $0.62044, up 0.24% in the last session, showing a modest recovery from recent lows. The 4-hour chart positions the pivot point at $0.62433, serving as a key level for traders.
Immediate resistance is seen at $0.62755, followed by $0.63058 and $0.63393, highlighting potential upside targets. On the downside, key support levels are positioned at $0.61845, $0.61496, and $0.61208, providing safety nets against selling pressure.
The Relative Strength Index (RSI) at 46 suggests a neutral stance, signaling room for directional moves. The 50 EMA at $0.62185 reinforces a short-term bearish bias as the price remains below this level.
A sustained move below the $0.62203 entry point may trigger additional selling, with a potential target at $0.61693. Conversely, a break above $0.62433 could open the door to a recovery, targeting the $0.62755 resistance zone.
AUD/USD - Trade Ideas
Entry Price – Sell Below 0.62203
Take Profit – 0.61693
Stop Loss – 0.62538
Risk to Reward – 1: 1.5
Profit & Loss Per Standard Lot = +$510/ -$335
Profit & Loss Per Mini Lot = +$51/ -$33
EUR/USD Price Analysis and Trade Forecast: Daily Trading Signal
Daily Price Outlook
- Resistance Levels: Immediate resistance at $1.03826; next targets at $1.04236 and $1.04581.
- Support Zones: Key support at $1.03100, with deeper levels at $1.02750 and $1.02355 offering safety.
- Momentum Indicators: RSI at 33 suggests oversold conditions; price remains below the 50 EMA at $1.04066, maintaining a bearish short-term outlook.
The EUR/USD pair is trading at $1.03549, down 0.49% as bearish sentiment dominates the short-term market outlook. On the 4-hour chart, the pivot point at $1.03441 is critical, acting as a key threshold for near-term momentum.
Immediate resistance is observed at $1.03826, with higher levels at $1.04236 and $1.04581. Conversely, support is positioned at $1.03100, with further protection at $1.02750 and $1.02355, offering potential stabilization in case of extended selling pressure.
Technical indicators highlight bearish conditions, with the RSI at 33, signaling an oversold market ripe for a potential corrective bounce. However, the pair is trading below the 50 EMA at $1.04066, reinforcing a bearish bias in the short term.
A break below the pivot point of $1.03441 could accelerate selling, targeting the $1.03100 support level. On the upside, reclaiming $1.03826 resistance may encourage buyers, potentially driving the price toward $1.04236.
Market participants should closely monitor the $1.03441 pivot point, as sustained trading above it could signal a reversal of the bearish trend.
EUR/USD - Trade Ideas
Entry Price – Buy Above 1.03440
Take Profit – 1.04055
Stop Loss – 1.03085
Risk to Reward – 1: 1.7
Profit & Loss Per Standard Lot = +$615/ -$355
Profit & Loss Per Mini Lot = +$61/ -$35
GBP/USD Price Analysis and Trade Forecast: Daily Trading Signal
Daily Price Outlook
- Resistance Levels: Immediate resistance at $1.26068; higher targets at $1.26586 and $1.27292.
- Support Zones: Key support lies at $1.24776, with deeper levels at $1.24302 and $1.23889.
- Momentum Indicators: RSI at 38 highlights mildly oversold conditions; price remains below the 50 EMA at $1.25438, maintaining a bearish outlook.
GBP/USD is trading at $1.25048, down 0.30% as bearish momentum persists in the market. On the 4-hour chart, the pivot point at $1.25431 serves as a critical threshold for price action, with immediate resistance at $1.26068.
Further resistance levels are observed at $1.26586 and $1.27292, marking potential upside targets if sentiment shifts. On the downside, support is located at $1.24776, with additional levels at $1.24302 and $1.23889 providing safety nets against extended declines.
Technical indicators reflect bearish sentiment. The RSI stands at 38, signaling mildly oversold conditions that could prompt a corrective rebound. However, the pair is trading below its 50 EMA at $1.25438, reinforcing a bearish bias in the short term.
A decisive break below the $1.24776 support level could pave the way for deeper losses, potentially targeting $1.24302. Conversely, reclaiming the pivot point and breaking above $1.26068 resistance may reignite bullish momentum.
Traders should monitor the $1.25431 pivot point closely, as sustained trading below this level suggests continued downward pressure.
GBP/USD - Trade Ideas
Entry Price – Sell Below 1.25424
Take Profit – 1.24776
Stop Loss – 1.25891
Risk to Reward – 1: 1.3
Profit & Loss Per Standard Lot = +$648/ -$467
Profit & Loss Per Mini Lot = +$64/ -$46
GOLD Price Analysis and Trade Forecast: Daily Trading Signal
Daily Price Outlook
- Resistance Levels: Immediate resistance at $2,638.91; higher barriers at $2,651.73 and $2,665.31.
- Support Zones: Key support at $2,593.70, with deeper levels at $2,577.23 and $2,561.89 offering stability.
- Momentum Indicators: RSI at 58 shows moderate bullishness; price holds above the 50 EMA at $2,620.66, signaling near-term strength.
Gold (XAU/USD) is trading at $2,624.26, marking a modest 0.71% gain, as cautious optimism prevails in the precious metals market.
On the 4-hour chart, the pivot point at $2,626.95 is pivotal for defining short-term momentum. Immediate resistance stands at $2,638.91, followed by $2,651.73 and $2,665.31.
On the downside, immediate support lies at $2,593.70, with deeper levels at $2,577.23 and $2,561.89, providing crucial stability if bearish sentiment intensifies.
Gold's technical indicators offer mixed signals. The RSI is at 58, indicating moderate bullish momentum, while the price holds above the 50 EMA at $2,620.66, suggesting near-term strength.
However, the market faces resistance near $2,638.91, making this a critical threshold for further upward movement.
A sustained break above this level could open the path toward higher resistance zones, while failure to breach may reinforce a consolidation or bearish retracement.
Traders should monitor the $2,626.95 pivot point closely, as a decisive move below this level could trigger bearish sentiment, with potential targets at $2,605 and $2,593.70.
Conversely, a break above $2,638.91 would likely attract buyers, setting the stage for further gains.
GOLD (XAU/USD) - Trade Ideas
Entry Price – Sell Below 2626
Take Profit – 2605
Stop Loss – 2639
Risk to Reward – 1: 1.6
Profit & Loss Per Standard Lot = +$2100/ -$1300
Profit & Loss Per Mini Lot = +$210/ -$130
USD/CAD Price Analysis and Trade Forecast: Daily Trading Signal
Daily Price Outlook
- Resistance Levels: Immediate resistance at $1.44365, with key targets at $1.44970 and $1.45508 for bullish continuation.
- Support Levels: Immediate support at $1.43044, with additional layers at $1.42583 and $1.42108 to cap declines.
- Momentum Indicators: RSI at 43 shows mild bearish momentum; a move above the pivot at $1.44133 is critical for bulls.
The USD/CAD pair is trading at $1.43622, up 0.05%, as it navigates a cautious upward trajectory. The pivot point at $1.44133 serves as a critical marker for directional momentum.
Immediate resistance is positioned at $1.44365, with higher targets at $1.44970 and $1.45508, representing potential barriers for sustained bullish momentum. On the downside, support levels lie at $1.43044, followed by $1.42583 and $1.42108, essential for preventing a deeper pullback.
The pair's price action remains underpinned by its proximity to the 50 EMA at $1.43874, which signals near-term consolidation.
The Relative Strength Index (RSI) at 43 reflects mildly bearish conditions, indicating that the pair is neither oversold nor poised for immediate upside strength.
A break above the pivot point at $1.44133 could validate bullish sentiment, targeting the next resistance at $1.44365. Conversely, slipping below the immediate support at $1.43044 may lead to a decline toward $1.42583.
Economic sentiment surrounding oil prices continues to influence the Canadian dollar, adding volatility to the pair.
Thin year-end liquidity and trader caution could magnify short-term movements. Watch for a decisive break above or below the pivot point to determine the pair's next directional move.
USD/CAD - Trade Ideas
Entry Price – Buy Above 1.43403
Take Profit – 1.44133
Stop Loss – 1.43044
Risk to Reward – 1: 2
Profit & Loss Per Standard Lot = +$730/ -$359
Profit & Loss Per Mini Lot = +$73/ -$35
GOLD Price Analysis and Trade Forecast: Daily Trading Signal
Daily Price Outlook
- Critical Pivot: Gold remains below the pivot point at $2,620.16, reinforcing short-term bearish bias.
- Resistance Levels: Immediate resistance lies at $2,638.91, with potential upside targets at $2,651.73 and $2,665.31.
- Bearish Signals: RSI at 43 and a price below the 50 EMA suggest weak momentum in the current session.
Gold (XAU/USD) is trading at $2,608.34, up 0.10%, as cautious optimism dominates amid low-volume, year-end trading. The pivot point at $2,620.16 remains critical, with prices struggling to sustain upward momentum.
Immediate resistance lies at $2,638.91, with further barriers at $2,651.73 and $2,665.31. On the downside, support is found at $2,593.70, followed by $2,577.23 and $2,561.89, key levels for maintaining bearish momentum.
The 4-hour chart reveals gold trading just below its 50 EMA at $2,620.02, signaling near-term weakness. The Relative Strength Index (RSI) stands at 43, reflecting mild bearish sentiment without indicating oversold conditions.
A break above $2,620.16 could shift momentum upward, targeting resistance at $2,638.91. Conversely, failure to hold above the pivot point may lead to declines, testing support at $2,593.70.
Gold’s price action is being shaped by broader market sentiment, with traders balancing geopolitical risks and expectations of the Federal Reserve’s 2025 rate policy.
A breakout above $2,638.91 would suggest renewed buying interest, while a decisive drop below $2,593.70 could accelerate selling pressure.
GOLD (XAU/USD) - Trade Ideas
Entry Price – Sell Below 2612
Take Profit – 2594
Stop Loss – 2624
Risk to Reward – 1: 1.5
Profit & Loss Per Standard Lot = +$1800/ -$569
Profit & Loss Per Mini Lot = +$180/ -$120
AUD/USD Price Analysis and Trade Forecast: Daily Trading Signal
Daily Price Outlook
- Pivot Importance: AUD/USD below $0.62433 reinforces a bearish outlook; reclaiming this level is key for recovery.
- Support Levels: Immediate support at $0.62004, with critical levels at $0.61576 and $0.61208.
- Momentum Signals: RSI at 45 and price below 50 EMA indicate limited bullish momentum in the short term.
The AUD/USD pair is trading at $0.62160, down 0.07%, reflecting continued bearish sentiment. The pivot point at $0.62433 acts as a critical juncture, with the pair struggling to regain upward momentum.
Immediate resistance lies at $0.62755, followed by $0.63058 and $0.63439, marking key levels for a potential bullish recovery. On the downside, support levels are seen at $0.62004, with deeper protection at $0.61576 and $0.61208.
The 4-hour chart shows the pair trading below its 50 EMA at $0.62257, signaling near-term weakness in the broader downtrend. The Relative Strength Index (RSI) is at 45, reflecting neutral-to-bearish conditions without signaling oversold levels.
A decisive break below the support at $0.62004 could intensify selling pressure, targeting the next critical level at $0.61576. Conversely, a move above $0.62433 would invalidate the bearish setup and may pave the way for a recovery toward $0.62755.
Market sentiment remains cautious as traders weigh concerns over global growth prospects and subdued commodity demand, which often weighs on the Australian dollar.
With thin year-end liquidity, the pair's movement will depend heavily on holding critical support levels while breaking resistance at $0.62433 for bullish momentum to emerge.
AUD/USD - Trade Ideas
Entry Price – Sell Below 0.62299
Take Profit – 0.61789
Stop Loss – 0.62634
Risk to Reward – 1: 1.5
Profit & Loss Per Standard Lot = +$510/ -$335
Profit & Loss Per Mini Lot = +$51/ -$33
GOLD Price Analysis and Trade Forecast: Daily Trading Signal
Daily Price Outlook
- Pivot Point: $2,627.06 is the critical threshold; bearish below this level.
- Support Levels: Key supports at $2,607.94, $2,593.70, and $2,577.23.
- Resistance Levels: Barriers at $2,638.91, $2,651.73, and $2,665.31 limit upside potential.
Gold (XAU/USD) is trading at $2,619.77, down 0.09% in the last session, as bearish momentum dominates short-term price action.
The pivot point at $2,627.06 remains a key level to monitor. Prices staying below this threshold signal a continuation of the bearish bias, with immediate support at $2,607.94. Further declines could test secondary support levels at $2,593.70 and $2,577.23.
Resistance levels on the upside are clustered at $2,638.91, $2,651.73, and $2,665.31, presenting significant barriers to bullish recovery.
The Relative Strength Index (RSI) at 44 reflects moderately bearish momentum, with no immediate signs of oversold conditions. The 50 EMA, positioned at $2,622.68, reinforces the bearish trend, as gold continues to trade below this level.
A symmetrical triangle pattern on the 4-hour chart indicates potential for a breakout. However, the formation of a bearish engulfing candle suggests downward pressure remains dominant.
A short-term sell strategy below $2,627 with a target of $2,608 and a stop loss at $2,643 aligns with the current technical landscape.
GOLD (XAU/USD) - Trade Ideas
Entry Price – Sell Below 2627
Take Profit – 2608
Stop Loss – 2643
Risk to Reward – 1: 1.5
Profit & Loss Per Standard Lot = +$1900/ -$1600
Profit & Loss Per Mini Lot = +$190/ -$160
GBP/USD Price Analysis and Trade Forecast: Daily Trading Signal
Daily Price Outlook
- Pivot Point: $1.25900 is crucial; bearish below, bullish above.
- Support Levels: Immediate support at $1.24776, followed by $1.24302 and $1.23771.
- Resistance Levels: Key resistance at $1.26586, $1.27292, and $1.27819 caps upward movement.
GBP/USD is trading at $1.25782, up 0.02% on the session, showing cautious optimism as it approaches the pivot point at $1.25900.
The pair has maintained a modestly bullish tone, supported by its position above the 50 EMA, currently at $1.25441.
However, the pivot point remains a critical level; a failure to break higher could shift momentum to the downside.
Immediate resistance is at $1.26586, with further levels at $1.27292 and $1.27819, forming a significant ceiling for any bullish breakout.
On the downside, support is seen at $1.24776, with secondary levels at $1.24302 and $1.23771, marking key areas of interest for sellers.
The RSI at 57 indicates moderately bullish momentum, suggesting room for further gains without entering overbought territory.
The 4-hour chart reflects consolidation near the pivot, highlighting indecision as traders await a directional move.
A short-term sell strategy below $1.25890 with a target of $1.24989 and a stop loss at $1.26459 aligns with the technical setup.
Alternatively, a sustained break above $1.25900 could set the stage for a test of $1.26586. Traders should monitor market sentiment closely as this level acts as a pivotal barrier for the next trend.
GBP/USD - Trade Ideas
Entry Price – Sell Below 1.25890
Take Profit – 1.24989
Stop Loss – 1.26459
Risk to Reward – 1: 1.5
Profit & Loss Per Standard Lot = +$901/ -$569
Profit & Loss Per Mini Lot = +$90/ -$56