Forex Daily Analysis 27 Feb 2023

0

GBP/USD

gbpusd forcast

Pivot: 1.1990

Our suggestion :

short positions below 1.1990 with targets at 1.1920 & 1.1890 in extension.

Alternate setup:

above 1.1990 look for further upside with 1.2030 & 1.2070 as targets.

Remarks :

the RSI is mixed to bearish.

USD/JPY

Pivot: 135.80

Our suggestion :

long positions above 135.80 with targets at 136.60 & 137.00 in extension.

Alternate setup:

below 135.80 look for further downside with 135.40 & 135.00 as targets.

Remarks :

technically the RSI is above its neutrality area at 50.

EUR/USD

eurusd forcast

Pivot: 1.0580

Our suggestion :

short positions below 1.0580 with targets at 1.0530 & 1.0500 in extension.

Alternate setup:

above 1.0580 look for further upside with 1.0605 & 1.0625 as targets.

Remarks :

the RSI is mixed to bearish.

AUD/USD

Pivot: 0.6745

Our suggestion :

short positions below 0.6745 with targets at 0.6670 & 0.6650 in extension.

Alternate setup:

above 0.6745 look for further upside with 0.6780 & 0.6810 as targets.

Remarks :

the RSI is mixed to bearish.

XAU/USD

xauusd forcast

Pivot: 1815.00

Our suggestion :

short positions below 1815.00 with targets at 1805.00 & 1800.00 in extension.

Alternate setup:

above 1815.00 look for further upside with 1821.00 & 1827.00 as targets.

Remarks :

the RSI advocates for further downside.

NZD/USD

nzdusd forcast

0.6170 is our pivot point.

Our suggestion :

the downside prevails as long as 0.6170 is resistance.

Alternate setup:

above 0.6170, look for 0.6196 and 0.6212.

Remarks :

the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 0.6161 and 0.6185). Finally, the NZD/USD has penetrated its lower Bollinger band (0.6145).

GBP/JPY

gbpjpy forcast

Our pivot point is at 163.54.

Our suggestion :

target 161.24.

Alternate setup:

above 163.54, look for 164.38 and 164.88.

Remarks :

the RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (162.88) but above its 50 period moving average (162.57).

CAD/JPY

99.14 is our pivot point.

Our suggestion :

the upside prevails as long as 99.14 is support.

Alternate setup:

below 99.14, expect 98.64 and 98.34.

Remarks :

the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 99.47 and 99.50).

At Mobirao.com, you can expect to receive comprehensive and reliable forex analysis and signals to help you make informed trading decisions. Our goal is to provide you with the tools and information you need to succeed in the foreign exchange market.

Our team of experienced analysts and traders uses a combination of technical and fundamental analysis to provide daily insights into market trends and potential trading opportunities. Our signals are generated using advanced algorithms and take into account a wide range of market data, including price action, economic indicators, and news events.

In addition to analysis and signals, you will also have access to a range of educational resources, including articles, webinars, and tutorials, to help you improve your trading skills and knowledge of the market.

Whether you are a seasoned trader or just starting out, our forex analysis and signals will give you the edge you need to succeed in the market. Join us now and take the first step towards profitable forex trading.

Our Forex Forcast Analysis include eurusd forcast,xauusd forcast,usdjpy forcast,usd forcast,usdcad forcast,gbpjpy forcast,usdchf forcast

STOP LOSSES in Trading by Mobirao


Read Also

Share this to Your Social Media

Facebook
Twitter
WhatsApp
Email
LinkedIn
Pinterest

Post a Comment

0Comments

Thanks for contacting Us,
We'll be in touch with you shortly.

Post a Comment (0)

#buttons=(Accept !) #days=(20)

Our website uses cookies to enhance your experience. Learn More
Accept !