Forex Daily Analysis – Daily Market Forcast
At Mobirao.com, you can expect to receive comprehensive and reliable forex daily analysis and Forex Forcast 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.
GBP/USD

Pivot: 1.1955
Our suggestion :
long positions above 1.1955 with targets at 1.2015 & 1.2045 in extension.
Alternate setup:
below 1.1955 look for further downside with 1.1920 & 1.1895 as targets.
Remarks :
the RSI shows upside momentum.
USD/JPY

Pivot: 136.75
Our suggestion :
short positions below 136.75 with targets at 136.00 & 135.70 in extension.
Alternate setup:
above 136.75 look for further upside with 137.10 & 137.30 as targets.
Remarks :
the RSI shows downside momentum.
EUR/USD

Pivot: 1.0630
Our suggestion :
short positions below 1.0630 with targets at 1.0600 & 1.0580 in extension.
Alternate setup:
above 1.0630 look for further upside with 1.0645 & 1.0660 as targets.
Remarks :
as long as the resistance at 1.0630 is not surpassed, the risk of the break below 1.0600 remains high.
AUD/USD

Pivot: 0.6720
Our suggestion :
long positions above 0.6720 with targets at 0.6770 & 0.6785 in extension.
Alternate setup:
below 0.6720 look for further downside with 0.6705 & 0.6690 as targets.
Remarks :
the RSI shows upside momentum.
XAU/USD

Pivot: 1834.00
Our suggestion :
long positions above 1834.00 with targets at 1850.00 & 1855.00 in extension.
Alternate setup:
below 1834.00 look for further downside with 1829.00 & 1823.00 as targets.
Remarks :
the RSI advocates for further upside.
GBP/JPY

162.79 is our pivot point.
Our suggestion :
rebound.
Alternate setup:
the downside breakout of 162.79 would call for 162.01 and 161.54.
Remarks :
the RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the price is trading above its 20 period moving average (163.37) but under its 50 period moving average (163.52).
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 includes eurusd forcast, xauusd forcast, usdjpy forcast, usd forcast, usdcad forcast, gbpjpy forcast, usdchf forcast
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