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GBPAUD is currently expected to move higher. This bullish outlook is supported by the formation of a swing low along with an upward trendline, both of which confirm continued bullish momentum. With this technical setup, GBPAUD has strong potential to rise further toward the nearest resistance level. Recommendation: *DISCLAIMER: All content in daily forex news is informative. PT. […]
EUR/JPY is currently expected to extend its bullish movement. This outlook is supported by the fact that support levels are forming higher than before, creating a swing low that reinforces bullish sentiment. Additionally, the presence of Higher Low (HL) momentum further confirms strong potential for continued upside, with price likely heading toward the nearest resistance. […]
GBP/JPY is currently expected to extend its bullish movement. This outlook is supported by the uptrend line that remains intact, along with the formation of a Higher Low (HL) momentum, which often indicates a healthy continuation of the bullish trend. With these technical signals, GBP/JPY has strong potential to push higher toward the nearest resistance […]
NZD/JPY is currently expected to extend its bullish movement. This outlook is supported by the formation of a swing low and candlestick confirmation, both of which strengthen the case for upward momentum based on technical analysis. With these signals, NZD/JPY is likely to continue moving toward the nearest resistance level. Recommendation: *DISCLAIMER: All content in daily forex […]
AUD/JPY is currently expected to continue its upward move. This bullish outlook is supported by the formation of a Double Bottom chart pattern, which often signals a reversal to the upside. In addition, the presence of a swing low strengthens the bullish momentum, suggesting that AUD/JPY has room to climb further toward the nearest resistance […]
CHF/JPY is currently signaling bearish potential with the formation of a Double Top pattern, a classic indicator of a possible reversal. Additionally, the pair experienced a gap up, but the bullish move lacked sufficient volume to sustain upward momentum. This setup increases the likelihood of CHF/JPY moving lower toward the next support area, while also […]
EUR/JPY opened with a gap up, but price failed to sustain any significant bullish momentum. Instead, it formed a new lower high and broke below a minor support level, reinforcing the bearish outlook. Given this setup, EUR/JPY is expected to extend its decline toward the next minor support area, while also aiming to close the […]
AUD/NZD is currently showing signs of further downside potential. This outlook is supported by the formation of a bearish Double Top pattern, signaling a possible reversal. In addition, price has completed a break and retest, which reinforces the bearish setup. With these confirmations, AUD/NZD is expected to decline toward the major support area as its […]
NZD/USD is currently showing potential for significant upside movement. Price action suggests the formation of a reversal pattern into a bullish trend, signaling further buying momentum. With this technical setup, NZD/USD is expected to rise toward the nearest resistance area as its target price. Recommendation: *DISCLAIMER: All content in daily forex news is informative. PT. Maxco Futures does […]
AUD/JPY is currently showing short-term bearish potential after forming a Bearish Flag pattern. Price has broken out of the flag’s consolidation area, signaling the possibility of further downside movement. If the next candle closes as a bearish marubozu, it would strengthen the bearish outlook, with price likely to head toward the nearest support level as […]
