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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 […]
WTI observed strengthening after touching the target level at 61.44.Global traders are now monitoring the sell-interest area around 64.Medium-term price projection remains bearish. Global Oil PricesOn Monday (September 8), global oil prices rose more than 1%, rebounding from last week’s sharp decline. Market sentiment was driven by the potential for new sanctions on Russian oil […]
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 […]
XAUUSD remains in a bullish outlook, with price likely to move toward the predetermined target price. This upward momentum is supported by a breakout above minor resistance, signaling a continuation of the bullish trend. As long as price holds above the stop loss level, gold retains strong potential for further gains. Recommendation: *DISCLAIMER: All content in daily […]
