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AUD/USD is currently forming a strong bullish trend. The pair has recently made a breakout followed by a retest, establishing a new support level that signals potential for continued upside movement. With these technical confirmations, AUD/USD is expected to extend its bullish momentum toward the Fibonacci 161.8 target level. Recommendation: *DISCLAIMER: All content in daily forex news is […]
USD/CHF remains under strong bearish pressure, as the pair has recently formed another lower high and successfully broke below minor support. With this setup, the bearish move is expected to continue toward the Fibonacci 161.8 extension target price, reinforcing the downside outlook. Recommendation: *DISCLAIMER: All content in daily forex news is informative. PT. Maxco Futures does not guarantee […]
USD/CAD is currently showing signs of weakness after breaking below a minor support level. On the M30 timeframe, the pair has also formed a Descending Broadening Wedge pattern, which signals potential continuation to the downside. With this technical setup, USD/CAD is expected to move toward the next minor support level as its target price. Recommendation: […]
USD/JPY opened with a gap up, but the price failed to create a new higher high, instead forming a lower high. This technical signal suggests short-term bearish potential, with price likely to retrace and close the gap area before making its next move. Recommendation: *DISCLAIMER: All content in daily forex news is informative. PT. Maxco Futures does not […]
EUR/USD is currently showing a movement pattern similar to GBP/USD. The pair has completed its secondary trend phase and is now likely to continue the primary bullish trend. Based on this outlook, EUR/USD is expected to rise toward the nearest resistance level as its next target price. Recommendation: *DISCLAIMER: All content in daily forex news is informative. PT. […]
GBP/USD remains in a bullish trend. After completing its secondary trend phase, the pair has formed a valid swing low, signaling strong potential for further upward movement. With this technical confirmation, GBP/USD is expected to continue its bullish momentum toward the nearest resistance area. Recommendation: *DISCLAIMER: All content in daily forex news is informative. PT. Maxco Futures does […]
Based on technical analysis, the formation of a Double Top pattern, along with a Swing High, suggests a potential downward price movement. This pattern typically indicates a trend reversal after the price reaches a peak and begins to turn downward. Trading Setup *DISCLAIMER: All content in daily forex news is informative. PT. Maxco Futures does not guarantee its […]
On the GBPJPY chart, a Double Bottom pattern followed by a bullish candlestick formation provides a strong signal that the price is likely to continue rising. Trading Setup: Current price momentum suggests potential for further upward movement. However, as always, it is recommended to conduct further analysis and ensure proper risk management before entering a […]
USDCHF is currently showing signs of strengthening, supported by the formation of a Bullish Flag pattern. However, unlike before, the price has already broken out of its sideways consolidation, indicating potential movement toward the previous resistance level, which could serve as the target price. Recommendation:Buy USDCHFBuy Entry: 0.80441Take Profit: 0.80837Stop Loss: 0.80235 *DISCLAIMER: All content in daily […]
NZDJPY currently shows potential for a decline, as the price has failed to form a higher resistance level. Instead, it has created a new lower high, indicating a rising wedge pattern. This suggests a possible move back down to the support area, which has been set as the current target price level. Recommendation:Sell NZDJPYSell Entry: […]
