Forex market Fresh Forecast for today

Weekly analytics- Definição do potencial da tendência - #HSI is bearish towards 14598.

info@freshforex.com (Analyst) — Fri, 24 Nov 2023 02:00:00 +0200

#SP500 weekly

Technical observation

#SP500 pulled back to a supportive zone 3568.2-3505.6 several weeks ago then bounced within it and as long as it is sustained above this zone, I expect a further momentum to the upper side. If you already bought this index within the zone I have mentioned above, I recommend that you remain in the trade with your take profit at 4786.6, in case this take profit is hit and there is a clear break above it, wait for a back to the broken line before you continue long, however if there is a bounce at the same level, wait for another correction to the zone 3568.2-3505.6 to re-buy this index with your take profit still at 4786.6.

Trade recommendation

Remain bullish with #SP500 with your take profit at the level 4786.6.

#DJI30 weekly

Technical observation

On the chart above, the value of #DJI30 retraced to the supportive zone 29372-28687 then bounced within it and since then it has been trading with an increasing bullish bias, this week I expect a further surge to the upper side and in case you are already holding bullish positions, I recommend that you remain in the trade with your take profit at 36957 and stop-loss at 26250. If there is a clear penetration above the level 36957, wait for a pullback to this line and a bounce at it before you continue long, on the other hand, if there is a bounce at the same line, wait for another correction to the zone 29372-28687 to re-buy #DJI30.

Trade recommendation

Remain long with your take profit at 36957.

#HSI weekly

Technical observation

Since it bounced within the zone 22733-22312, #HSI has been trading with an increasing bearish bias and this week I anticipate a further rally to the lower side. If you sold this commodity within the zone indicated above, remain in the trade with your take profit at 14598 and stop-loss at 25352,in case of a clear break below the level 14598, wait for a retracement to the broken line before you continue short, however, should there be a rejection at the same line, wait for a correction to the zone 22733-22312 to re-sell #HSI. As it is on the weekly chart above, I can only recommend bullish positions if there is a penetration above the zone 22733-22312.

Trade recommendation

Remain short with your take profit at 14598.

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Definição do potencial da tendência - Wait for a retracement to the zone 1.0765-1.0751

info@freshforex.com (Analyst) — Wed, 22 Nov 2023 02:15:39 +0200

Technical observation

On the chart above, the price has been trading with an increasing bullish bias since it rose above zone 1.0765-1.0751, today I expect a possible surge to the zone I have mentioned above followed by either a rejection within it or a clear break below it with a big red candle. My advice, remain flat and wait for a pullback to the zone I have mentioned above then buy a bounce within it with your take profit at 1.1041 and stop-loss at 1.0693. If there is a clear penetration above the level 1.1041 with a big green candle, I expect the price to ascend further after a retracement to the broken line. I can only recommend short positions below the zone 1.0765-1.0751.

Trade recommendation

Wait for a retracement to the zone 1.0765-1.0751 to buy EUR.

Definição do potencial da tendência - Wait

info@freshforex.com (Analyst) — Wed, 22 Nov 2023 02:13:49 +0200

Technical observation

The pair on the chart above is trading with an increasing bullish bias slightly above the supportive zone 1.2415-1.2395 and today I expect a further surge to the upper side towards the level 1.2817. If there is a rejection of at the level 1.2817, wait for another correction to the 1.2415-1.2395 to buy GBP with your take profit at 1.2817 and stop-loss at 1.2318, in case of a clear break above the level 1.2817 I expect the value of GBP to ascend further towards the key levels 1.3138 or higher, on the hand should there be a clear break below the zone I mentioned earlier, I expect the price to plummet towards 1.2060.

Trade recommendation

Remain neutral.

Definição do potencial da tendência - we are long

info@freshforex.com (Analyst) — Wed, 22 Nov 2023 02:11:47 +0200

Technical observation

USD pulled back to the supportive zone 147.50-147.63 but could not break below it, instead it bounced within it and it is currently trading with an increasing bullish bias, as long as the value of USD is sustained above the zone 147.50-147.63 I expect a further momentum to the upper side. If you already picked bullish positions with this pair, I recommend that you remain in the trade with your take profit at 151.89 and stop-loss at 145.87, should there be a clear break above the level 151.89, I expect the price to ascend further after a correction to the broke line. On the chart above I can only recommend short positions below the zone 147.50-147.63.

Trade recommendation

Remain long with your take profit at 151.89.

Definição do potencial da tendência - Remain long

info@freshforex.com (Analyst) — Tue, 21 Nov 2023 02:09:32 +0200

Technical observation

EUR retraced to the supportive zone 1.0434-1.0466 the bounced within it and since then it has been trading with an increasing bullish bias, today I expect a further surge to the upper side and if you are already holding bullish positions with this pair, remain in the trade with your take profit at 1.1277 and stop-loss at 1.0220. Should there be a clear penetration above the level 1.1277 with a big green candle, wait for a pullback to this line and a bounce at it before you continue long towards the key level 1.1916. If EUR is contained above the zone I mentioned earlier, I can only recommend bullish positions.

Trade recommendation

Remain long with your take profit at 1.0220.

Definição do potencial da tendência - Wait

info@freshforex.com (Analyst) — Tue, 21 Nov 2023 02:06:03 +0200

Technical observation

GBP is trading with an increasing bullish bias between the supportive zone 1.1865-1.1826 and a resistance level 1.3131, however, I expect a loss of this upwards movement followed by a correction to the zone indicated above and a possible rejection of price within it or a clear break below it with a big red candle. My advice, remain neutral and wait for a correction to the zone 1.1865-1.1826 then buy a bounce within it with your take profit at the level 1.3131 and stop-loss at 1.1545. In case of a clear break above the level 1.3131, I expect the value of GBP to ascend further towards 1.4236 or higher.

Trade recommendation

Remain neutral.

Definição do potencial da tendência - Wait for a correction to the zone 137.45-138.04

info@freshforex.com (Analyst) — Tue, 21 Nov 2023 02:04:05 +0200

Technical observation

USD rose to the resistance level 151.95 then bounced at it and it is currently trading with an increasing bearish bias, this downwards movement is a correction to the supportive zone 137.45-138.04 and I expect a decline to the same zone followed by a rejection of price within it. My advice, remain neutral and wait for a correction to the zone I have indicated above to re-buy USD with your take profit at 151.95 and stop-loss at 135.19. If the value of USD is not sustained above the zone 137.45-138.08 but clearly breaks below it with a big red candle, I expect it to plunge towards the level 127.23.

Trade recommendation

Wait for a correction to the zone 137.45-138.04 to re-buy USD.

Definição do potencial da tendência - Wait for a correction to the zone 147.50-147.73

info@freshforex.com (Analyst) — Mon, 20 Nov 2023 02:10:08 +0200

Technical observation

USD rose to the level 151.89 then bounced at it and since then it has been trading with an increasing bearish bias, this downwards movement is a correction to the supportive zone 147.50-147.73 and I expect a decline to this zone followed by a bounce within it. My advice, remian neutral and wait for a retracement to the zone indicated then re-buy abounce within it with your take profit at 151.89 and stop-loss at 146.67, if the price clearly penetrates above the level 151.89, I expect it to ascend further after a pullback to the broken line, on the other hand, I anticipate possible bearihs movements in case of a break below the zone 147.50-147.73.

Trade recommendation

Wait for a correction to the zone 147.50-147.73 to re-buy USD.

Definição do potencial da tendência - Remain bullish

info@freshforex.com (Analyst) — Mon, 20 Nov 2023 02:08:37 +0200

Technical observation

GBP pulled back to the supportive zone 1.2415-1.2395 for a second time then bounced within it and since then it has been trading with an increasing bullish bias. Today I expect a continuation of this upwards movement and if you are already holding bullish positions, I recommend that you remain in the trade with your take profit at 1.2817 and stop-loss at 1.2317. In case of a clear breach above the level 1.2817, wait for a retracement to this line before you continue long towards 1.3138, if the price declines below the zone 1.2415-1.2395, I expect a plunge towards supportive level 1.2060 or lower.

Trade recommendation

Remain bullish with your take profit at 1.2817.

Definição do potencial da tendência - Wait

info@freshforex.com (Analyst) — Mon, 20 Nov 2023 02:06:51 +0200

Technical observation

EUR broke above the zone 1.0765-1.0751 with a big green candle and it is still trading with an increasing bullish bias, however, I expect a loss of this upwards movement followed by a pullback to the zone indicated above and bounce within it. My advice, remain neutral and wait for a correction to the zone 1.0765-1.0751 then buy a bounce within it with your take profit at 1.1041 and stop-loss at 1.0693. should there be a clear break above the level 1.1041, I expect the value of EUR to ascend further towards 1.1276 or higher. If the value of EUR is sustained above the zone 1.0765-1.0751, I can only recommend short positions.

Trade recommendation

Remain neutral.

Definição do potencial da tendência - Wait for a retracement to the zone 1.1210-1.1155

info@freshforex.com (Analyst) — Fri, 17 Nov 2023 02:35:50 +0200

Technical observation

On the chart above the value of EUR declined to a level 1.0505 then bounced at it and it is currently trading with an increasing bullish bias, next week I anticipate a further surge to the upper side to the resistance zone 1.1210-1.1155 followed by either a rejection within it or a clear break above it with a big green candle. If there is a rejection within the zone I mentioned earlier, pick short positions within it with your take profit at 1.0505 and stop-loss at 1.1610, however if there is a clear break above the zone 1.1210-1.1155, wait for a retracement to the same zone before you long EUR towards the level 1.2553 or higher.

Trade recommendation

Wait for a retracement to the zone 1.1210-1.1155 to re-sell EUR.

Definição do potencial da tendência - Remain flat

info@freshforex.com (Analyst) — Fri, 17 Nov 2023 02:32:48 +0200

Technical observation

Just like EUR, GBP declined to a level 1.2122 then bounced at it and it is currently retracing to the upper side. I recommend that you remain neutral and wait for a correction to the level 1.3108 to re-sell GBP with your take profit at 1.2122 and stop-loss at 1.3678. If there is a clear penetration above the level 1.3108, I expect a possible rise to the zone 1.4437-1.4283 followed by a rejection within it or a clear break above it. As it is the weekly chart above, if the value of GBP is sustained below the zone 1.4437-1.4283, only short positions is ideal and can be recommended.

Trade recommendation

Remain flat.

Definição do potencial da tendência - we are neutral

info@freshforex.com (Analyst) — Fri, 17 Nov 2023 02:28:55 +0200

Technical observation

This week the value of the pair above opens bearish and it is still trading with an increasing bearish bias, this downwards movement is a correction to the supportive zone 127.88-126.95 and I expect a bounce within it to re-buy this pair with my take profit at 151.57 and stop-loss at 122.10. In case of a penetration above the level 151.57, continue long with this pair after a pullback and a bounce to the broken line, on the other hand, should there be a clear breach below the zone 127.88-126.95, you can short this pair after a retracement to the broken zone. On your way downwards the key levels to look for include 102.90 and 85.53.

Trade recommendation

Remain neutral.

Weekly analytics- Definição do potencial da tendência - We are long with #Brent towards 131.04

info@freshforex.com (Analyst) — Fri, 17 Nov 2023 02:00:00 +0200

#Brent weekly

Technical observation

Last week #Brent retraced to a lower trend line as indicated above but did not break below it; this week I expect possible bullish movements in the value of this commodity, and I recommend that you enter a trade now with your take profit at 131.04 and stop-loss at 62.07. In case of a clear break above the level 131.04, I expect the value of #Brent to rally further upwards after a retracement to the broken line, on the other hand if there is a clear break below the zone 67.99-69.61, I anticipate a possible plunge towards the supportive levels 46.82 and 19.49 or lower.

Trade recommendation

We are bullish with our take profit at 131.04 and stop-loss at 62.07.

#XAUUSD weekly

Technical observation

The value of the commodity on the weekly chart above has been on a steady upward trend for several weeks now and this week I expect it to ascend even further. If you already picked bullish positions within the zone 1659.89-1641.82, my advice; remain bullish with your take profit at the level 2074.17. Should the value of gold penetrate above the level 2074.17, I expect it to rally further upwards towards 2415.10, however, if there is a bounce at the same line, I anticipate another correction to the zone I mentioned earlier and possible bounce within it to re-buy this commodity.

Trade recommendation

Remain bullish with your take profit at 2074.17.

#NQ100 weekly

Technical observation

On the weekly chart above, #NQ100 retraced to a supportive zone it established at 10860.9-10694.9 then bounced within it and since then it has been trading with an increasing bullish bias with a slight retracement to the lower side. This week I expect a further surge to the upper side and if you are already holding bullish positions with this pair, I recommend that you remain in the trade and pick your profits at the level 16626.9. If there is a clear break above level,16626.9 with a big green candle, you can continue long with this index after a retracement to the broken line.

Trade recommendation

Remain long with your take profit at 16626.9.

Definição do potencial da tendência - we are long

info@freshforex.com (Analyst) — Thu, 16 Nov 2023 02:20:29 +0200

Technical observation

On the chart above the price has been trading with an increasing bullish bias since it bounced within the supportive zone 1.0434-1.0466 and today, I expect a further surge to the upper side. In case you are already holding bullish positions with this pair, remain in the trade with your take profit at 1.1277 and stop-loss at 1.0198, should the price ascend above the level 1.1277, wait for a pullback to the broken line and a bounce at it before you continue long towards the level 1.1916. On the chart above, if EUR is sustained above the zone 1.0434-1.0466, I can only recommend bullish positions.

Trade recommendation

Remain long with your take profit at 1.1277.

Definição do potencial da tendência - Remain bullish

info@freshforex.com (Analyst) — Thu, 16 Nov 2023 02:09:51 +0200

Technical observations

GBP pulled back to a lower trend line as shown above but did not break below it, instead it bounced at this line and it has been trading with an increasing bullish bias. Today, I expect a further movement in price to the upper side and if you are holding bullish positions, remain in the trade with your take profit at 1.3131 and stop-loss at 1.1513. If the price clearly breaks above the level 1.3131 with a big green candle, i expect the value of GBP to rise even further towards the resistance level 1.4236 or higher; contrary, in case of a break below the zone 1.1865-1.1826, I anticipate a plunge towards the key level 1.0364.

Trade recommendation

Remain bullish with your take profit at 1.3131.

Definição do potencial da tendência - Wait

info@freshforex.com (Analyst) — Thu, 16 Nov 2023 02:06:29 +0200

Technical observation

USD has been trading with an increasing bearish bias since it bounced at the resistance level 151.95 and today, I expect it to plunge even further. The expected bearish movement of price is a correction to the supportive zone 137.45-138.04 and I expect a decline to this zone followed by either a clear break below it with a big red candle, or a rejection of price within it. My advice, remain neutral and wait for a correction to the zone I have mentioned above then re-buy a bounce within it with your take profit at 151.95 and stop-loss at 135.19. If there is a clear break below the zone 137.45-138.04, you can short USD towards 127.23.

Trade recommendation

Remain neutral.

Definição do potencial da tendência - we are flat

info@freshforex.com (Analyst) — Thu, 16 Nov 2023 00:57:00 +0200

Technical observation

USD rose to the key level 151.89 and bounced at it, since then the price has been trading with an increasing bearish bias and today, I expect a further surge to the lower side, this downwards movement is a correction to the zone 147.33-147.58 and my expectation is either a rejection of price within it or a clear break below it with a big red candle. If the price is rejected within this zone, re-buy USD within it with your take profit at 151.8 and stop-loss at 146.18, however, in case of a clear penetration below this zone, wait for a pullback to t before you short USD towards the supportive levels 143.68 or lower.

Trade recommendation

Remain neutral.

Definição do potencial da tendência - Wait for a correction to the 1.2436-1.2415

info@freshforex.com (Analyst) — Thu, 16 Nov 2023 00:49:11 +0200

Technical observation

The value of the pair above rose above the zone 1.2436-1.2415 and it is still trading with an increasing bearish bias, today I expect a possible loss of this upwards movement followed by a retracement to the zone I mentioned earlier and a bounce within it. My advice, remain neutral and wait for a correction to the zone 1.2436-1.2415 then buy a rejection within it with your take profit at 1.2817 and stop-loss at 1.2330. Should there be a clear penetration above the level 1.2817 with a big green candle, I expect the price to ascend towards the key level 1.3138. I can only recommend short positions below the zone 1.2436-1.2415.

Trade recommendation

Wait for a correction to the 1.2436-1.2415 to buy GBP.

Definição do potencial da tendência - Wait for a correction to buy EUR.

info@freshforex.com (Analyst) — Thu, 16 Nov 2023 00:36:34 +0200

Technical observation

On the chart above, the price rose to the resistance zone 1.0765-1.0755 and clearly rose above it with a big green candle, right now the price is still trading with an increasing bullish bias however, I expect a loss of this upwards movement followed by a correction to the zone I have mentioned above . My advice, remain flat and wait for pullback to the zone 1.0765-1.0755 then buy a bounce within it with your take profit at 1.1041 and stop-loss at 1.0663. If there is a clear break above the level 1.1041, I expect the value of this pair to ascend further towards the key level 1.1276 or higher.

Trade recommendation

Wait for a correction to the zone 1.0765-1.0755 to buy EUR.

Definição do potencial da tendência - Wait

info@freshforex.com (Analyst) — Wed, 15 Nov 2023 00:43:50 +0200

Technical observation

USD rose to the level 151.95 then bounced at it and it is currently trading with an increasing bearish bias, this downwards movement is a correction to the supportive zone 137.45-137.04 and I expect either a rejection within it or a clear break below it with a big red candle. My advice, remain flat and wait for a correction to the zone 137.45-137.04 then buy a bounce within it with your take profit at 151.95 and stop-loss at 133.41. In case of a clear break above the level 151.95, I recommend that you remain flat and wait for a correction and a rejection at this line before you continue long.

Trade recommendation

Wait for a correction to the zone 137.45-137.04 to re-buy USD with your take profit at 151.95.

Definição do potencial da tendência - we are long

info@freshforex.com (Analyst) — Wed, 15 Nov 2023 00:43:17 +0200

Technical observation

Since it bounced at a lower trend line as indicated on the chart above, GBP has been trading with an increasing bullish bias and today I expect it to plummet further to the upper side. In case you bought this pair at the level 1.2064, you can hold on to bullish positions with your take profit at 1.3131 and stop-loss at 1.1545. If there is a penetration above the level 1.3131, wait for a pullback to this line before you continue long towards 1.4236 or higher, on the other hand, in case of a breach below the zone 1.1865-1.1826, I anticipate possible bearish movements of price towards the supportive level 1.0364.

Trade recommendation

Remain bullish with your take profit at 1.3131.

Definição do potencial da tendência - Expecting a rally towards 1.1277

info@freshforex.com (Analyst) — Wed, 15 Nov 2023 00:15:05 +0200

Technical observation

On the chart above the price retraced to the supportive zone 1.0434-1.0466 and bounced within it, since then this pair has been trading with an increasing bullish bias and as long as the price is sustained above the zone I mentioned earlier, I expect it to ascend further. If you are already holding bullish positions, remain in the trade with your take profit at 1.1277 and stop-loss at 1.0222, in case of a clear break above the level 1.1277 with a big green candle, wait for pullback and a bounce at this line before you continue long towards the level 1.1916 and 1.2553. On the chart above, I can only recommend short positions below the zone 1.0434-1.0466.

Trade recommendation

Remain long with your take profit at 1.1277.

Definição do potencial da tendência - Remain long

info@freshforex.com (Analyst) — Tue, 14 Nov 2023 01:02:21 +0200

Technical observation

USD is trading with an increasing bullish bias slightly below the level 151.72 and I expect a rise to this line followed by a rejection of price at it. If you are holding bullish positions with this pair, you can pick your profits at the level indicated above, on the other hand, in case you are neutral with USD, wait for another correction to the supportive zone 147.58-147.33 to buy this pair, or a clear break above the level 151.75 to pick bullish positions. On the chart above, if the value of USD is sustained above the zone 147.58-147.33, only bullish positions is ideal and can be recommended.

Trade recommendation

Remain long with your take profit at 151.75.

Definição do potencial da tendência - Remain bearish

info@freshforex.com (Analyst) — Tue, 14 Nov 2023 00:54:55 +0200

Technical observation

On the chart above the value of GBP has been trading with an increasing bearish bias since it bounced within the zone 1.2436-1.2415, currently the price is trading slightly above the supportive level 1.2060 and I expect it to decline to the same line followed by a either a rejection at it or a clear break below it with a big red candle. If you picked short positions within the zone I mentioned earlier, remain in the trade with your take profit at 1.2060 and stop-loss at 1.2530, should there be a penetration below the level 1.2060, continue short towards 1.1605 after a pullback and a bounce at the broken line.

Trade recommendation

Remain bearish with your take profit at 1.2060.

Definição do potencial da tendência - We are short

info@freshforex.com (Analyst) — Tue, 14 Nov 2023 00:44:24 +0200

Technical observation

EUR retraced to the resistance zone 1.0765-1.0751 then bounced within and since then it has been trading with an increasing bearish bias, today I expect a further surge to the lower side and in case you are already holding bearish positions, I recommend that you remain in the trade with your take profit at 1.0522 and stop-loss at 1.0848. If there is a clear break below the level 1.0461, wait for a retracement to this level and a bounce at it before you continue short towards the level 1.0087. On the chart above, if the price is sustained below the zone 1.0765-1.0751, I can only recommend short positions.

Trade recommendation

Remain short with your take profit 1.0522.

Definição do potencial da tendência - Wait for a retracement to the zone 1.1155-1.1219

info@freshforex.com (Analyst) — Fri, 10 Nov 2023 02:36:11 +0200

Technical observation

EUR retraced to a resistance zone 1.1155-1.1219 then bounced within it before declining to a trend line as indicated above. This week the value of this pair retraced to the upper side and I expect a continuation of this upwards movement to the zone I mentioned earlier to re-sell this pair with my take profit at 1.0446 and stop-loss at 1.1615. In case of a clear break below level 1.0446, I expect the value of EUR to plunge further towards the supportive level 0.9677 or lower, on the other hand, I anticipate possible bullish movements in case of a breakout above the zone 1.1155-1.1219.

Trade recommendation

Wait for a retracement to the zone 1.1155-1.1219 to sell EUR.

Definição do potencial da tendência - Wait for a pullback to the level 1.3084

info@freshforex.com (Analyst) — Fri, 10 Nov 2023 02:28:28 +0200

Technical observation

On the weekly chart above, the value of GBP declined to a lower trend line as shown above then bounced at it, currently the price is trading with an increasing bullish bias and I expect a further surge to the upper side to the level 1.3084 followed by a rejection of price at it. My advice, remain flat and wait for a pullback to the level 1.3084 then sell a bounce at it with your take profit at 1.2033 and stop-loss at 1.3648. If the price breaks below the level 1.2033, wait for a correction to this line before you continue short towards 1.0863.

Trade recommendation

Wait for a pullback to the level 1.3084 to sell GBP.

Definição do potencial da tendência - Wait

info@freshforex.com (Analyst) — Fri, 10 Nov 2023 02:02:44 +0200

Technical observation

This week the value of USD has been trading with an increasing bullish bias at the level 151.35 and I expect it to close bullish, I also anticipate either a possible break above the level indicated above with a big green candle or a rejection of price at it, If you are holding bullish positions with this pair, pick your profits now at level 151.31. In case the price bounces at the same level, wait for another correction to the supportive zone 127.88-126.95 to re-buy USD with your take profit still at 151.35 and stop-loss at 119.49. On the chart above, I can only recommend bearish positions in case of a clear penetration below the zone 127.88-126.95.

Trade recommendation

Remain neutral.

Weekly analytics- Definição do potencial da tendência - Wait for a correction to re-buy #FTSE100.

info@freshforex.com (Analyst) — Fri, 10 Nov 2023 02:00:00 +0200

#FTSE100 weekly

Technical observation

On the weekly chart above, the value of #FTSE100 is trading with an increasing bullish bias between the supportive zone 6861.2-6801.1 and a resistance level 8039.6, this upwards movement is a slight rally to the upper side and I expect a loss of it followed by bearish movements of price, the anticipate surge to the lower side is a pullback to the zone I have indicated above and I expect a rejection within it to re-buy #FTSE100 with my take profit still at 8039.6 and stop-loss at 6367.9. If there is a clear break above the level 8039.6 wait for a retracement to this line before you continue long with this index.

Trade recommendation

Wait for a correction to the zone 6861.2-6801.1 to re-buy #FTSE100.

#CAC40 weekly

Technical observation

The value of #CAC40 bounced at the level 7597.5 and since then it has been trading with an increasing bearish bias, this week I anticipate a further surge towards the supportive zone 5747.3-5667.1followed by a bounce within it; my advice, remain neutral and wait for a correction to the zone indicated above then pick bullish positions within it with your take profit at 7597.5 and stop-loss at 5186.0. If there is a clear break below the zone I mentioned earlier, wait for a pullback to this zone and a rejection within it before you short this index towards the supportive level 3519.1 or lower.

Trade recommendation

Wait for a correction to the zone 5747.3-5667.1 to re-buy #CAC40.

#XAUUSD weekly

Technical observation

The value of Gold has been rising steadily for the past three consecutive weeks and I expect a possible further surge to the upper side to the key level 2074.17 followed by either a rejection at it or a clear penetration above it with a big green candle. My advice, if there is a bounce at the level I have mentioned above, wait for another correction to the supportive zone 1659.89-1641.82 then re-buy this commodity within it with your take profit still at 2074.17 and stop-loss at 1503.19. On the other hand in case of a clear break below the zone 1659.89-1641.82, I expect the value of Gold to plunge towards the supportive levels 1033.99 and 539.81.

Trade recommendation

Wait for a retracement to the zone 1659.89-1641.82 to buy #XAUUSD.

Definição do potencial da tendência - Remain long

info@freshforex.com (Analyst) — Thu, 09 Nov 2023 02:06:06 +0200

Technical observation

On the chart above the price bounced within the zone1.0434-1.0466 and since then it has been trading with an increasing bullish bias. If the value of EUR remains above the zone I mentioned earlier, I expect it to ascend even further; my advice, if you already picked bullish positions, remain in the trade with your take profit at 1.1277 and stop-loss at 1.0193. In case of a clear break above the level 1.1277, wait for a correction to this line before you continue long towards level 1.1916, on the chart above, I can only recommend bearish positions if the price clearly penetrates below the zone 1.0434-1.0466.

Trade recommendation

Remain long with your take profit at 1.1277.

Definição do potencial da tendência - Remain bullish

info@freshforex.com (Analyst) — Thu, 09 Nov 2023 02:04:10 +0200

Technical observation

GBP retraced to a lower trend line as indicated above then bounced at it and since then it has been trading with an increasing bullish bias, today I expect the value of GBP to rally further upwards and as it is on the chart above, I recommend that you remain bullish with your take profit at 1.3131 and stop-loss at 1.1549, if there is a clear breach above the level 1.3131, wait for a pullback and a bounce at the broken line before you continue long towards the level 1.4236, contrary in case of a penetration below the level 1.2068, short this pair towards the supportive levels 1.0932 and 1.0364.

Trade recommendation

Remain bullish with your take profit at 1.3131.

Definição do potencial da tendência - Wait for a correction to the zone 137.45-138.04

info@freshforex.com (Analyst) — Thu, 09 Nov 2023 02:02:23 +0200

Technical observation

The pair on the chart above rose to the level 151.95 then bounced at it and it is currently trading with an increasing bearish bias, this downwards movement is a correction to the zone 137.45-138.04 and I expect a decline to this zone followed by either a rejection of price within it or a clear break below it with a big red candle. My advice, remain neutral and wait for a correction to the zone indicated above then buy a bounce within it with your take profit at 151.95 and stop-loss at 135.15. In case of a break above level 151.95, continue long after a correction to the broken line and a bounce at it.

Trade recommendation

Wait for a correction to the zone 137.45-138.04 to buy USD.

Definição do potencial da tendência - We are short

info@freshforex.com (Analyst) — Wed, 08 Nov 2023 02:08:35 +0200

Technical observation

On the chart above, the price retraced to the resistance zone 1.0759- 1.0748 then bounced within it and since then it has been trading with an increasing bearish bias , today I expect a further momentum to the lower side and in case you are already holding bearish positions with this pair, I recommend that you remain in the trade with your take profit at 1.0518 and stop-loss at 1.0826. In case of a penetration below the level 1.0518, wait for a retracement to this line and a bounce at it before you continue short, on the other hand pick bullish positions in case of a clear break above the zone 1.0759-1.0748.

Trade recommendation

Remain short with your take profit at 1.0518.

Definição do potencial da tendência - Remain bearish

info@freshforex.com (Analyst) — Wed, 08 Nov 2023 02:05:36 +0200

Trade recommendation

Just like EUR, GBP pulled back to a zone it established at 1.2416-1.2428 and it was sustained below this zone, currently the price is trading with an increasing bearish bias and if it is contained below the zone I mentioned above, I expect it to plunge further to the lower side. If you already picked short positions, remain bearish with your take profit at 1.2061 and stop-loss at 1.2511. If there is a clear breach below the level 1.2061, I expect the price to descend further after a retracement to the broken line, but if there is a breakout above the zone 1.2416-1.2428, I anticipate bullish movements towards 1.2800.

Trade recommendation

Remain bearish with your take profit at 1.2061.

Definição do potencial da tendência - Wait for a correction to the zone 144.63-144.44 to buy USD.

info@freshforex.com (Analyst) — Wed, 08 Nov 2023 02:03:24 +0200

Technical observation

On the chart above, the price retraced to the zone 144.63-144.44 then bounced at it before rising to the level 151.72, currently the value of this pair is trading with an increasing bearish bias and I expect it to plummet even further to the zone I mentioned earlier followed by a possible bounce within it. MY advice, remain flat and wait for a correction to the zone 144.63-144.44 then re-buy this pair within it with your take profit at 151.72 and stop-loss at 142.81. If there is clear break above the level 151.72, I expect the value of this pair to ascend further after a retracement to the same level.

Trade recommendation

Wait for a correction to the zone 144.63-144.44 to buy USD.

Definição do potencial da tendência - we are long

info@freshforex.com (Analyst) — Tue, 07 Nov 2023 02:06:27 +0200

Technical observation

On the chart above, the price pulled back to a lower trend line as indicated then bounced at it and since then it has been trading with an increasing bullish bias, this week I expect a further surge to the upper side and in case you are already holding bullish positions with this pair, I recommend that you remain in the trade with your take profit at 1.1232 and stop-loss at 0.9966. Should there be a clear break above the zone 1.1417-1.1464 with a big green candle, wait for a correction and a bounce at this zone before you continue long towards the resistance levels 1.2557 and 1.3988.

Trade recommendation

Remain long with your take profit at1.1232.

Definição do potencial da tendência - Remain bullish

info@freshforex.com (Analyst) — Tue, 07 Nov 2023 02:03:49 +0200

Technical observation

Last week the value of the pair above rose with a big green candle and this week it opened bullish again; if GBP is sustained above the level 1.2030, I expect the price to ascend even further. If you already picked bullish positions with this pair, remain in the trade with your take profit at 1.4168 and stop-loss at 1.1602. In case there is clear breakout above the zone 1.4168-1.4253 I expect the price to rally further upwards towards the key level 1.7196, contrary should there be a clear breach below the level 1.2030 with a big red candle, I anticipate a possible plunge towards the supportive level 1.0353.

Trade recommendation

Remain bullish with your take profit at 1.4168.

Definição do potencial da tendência - Wait for a correction to the zone 127.88-127.09

info@freshforex.com (Analyst) — Tue, 07 Nov 2023 02:01:45 +0200

Technical observation

USD retraced to the supportive zone 127.88-127.09 twice and both times it was sustained above this zone, the price then rose to a resistance level 152.04 and bounced at it and right now it is trading with an increasing bearish bias, this downwards movement is a correction to the zone I have indicated above and I expect a possible rejection within it to re-buy USD with my take profit still at 152.04 and stop-loss at 121.24. If the value of USD descends below the zone 127.88-127.09, wait for a pullback and a bounce within this zone before you pick bearish positions towards the supportive levels 112.53 and 100.21.

Trade recommendation

Wait for a correction to the zone 127.88-127.09 to re-buy USD.

Definição do potencial da tendência - Wait

info@freshforex.com (Analyst) — Mon, 06 Nov 2023 02:24:05 +0200

Technical observation

USD pulled back to the supportive zone 137.45-130.04 and it has been trading with an increasing bullish bias since it bounced within this zone, however, today i expect a possible rally to the lower side, the anticipated downwards movement of price is a pullback to the zone indicated above and I expect a rejection within it followed by a surge to the upper side. As it is on the chart above, I recommend that you remain flat and wait for a correction to the zone 137.45-130.04 to re-buy USD with your take profit still at 151.95 and stop-loss at 135.19. As it is on the chart above remaining neutral now is ideal than picking any positions.

Trade recommendation

Remain flat.

Definição do potencial da tendência - Reiman neutral

info@freshforex.com (Analyst) — Mon, 06 Nov 2023 02:20:02 +0200

Technical observation

On the daily chart above, the price is trading with an increasing bullish bias slightly above the supportive zone 1.1865-1.1826 and today I expect a loss of this upwards movement followed by a retracement to the zone I mentioned earlier. As it is on the chart above, I recommend that you remain flat and wait for a correction to zone 1.1865-1.1826 then buy GBP within it with your take profit at 1.3131 and stop-loss at 1.1482. In case of a clear penetration above level 1.3131, I expect the price to ascend further towards the level 1.4236, on the other hand, I anticipate a possible plunge in price in case of a clear breach below the zone 1.1865-1.1826.

Trade recommendation

Remain neutral.

Definição do potencial da tendência - Remain long

info@freshforex.com (Analyst) — Mon, 06 Nov 2023 02:17:50 +0200

Technical observation

EUR pulled back to the supportive zone 1.0434-1.0466 for a third time then bounced within it and since then it has been trading with an increasing bullish bias, as long as the price is sustained above the zone I have mentioned above, I expect it to ascend even further and if you are holding bullish positions with this pair, I recommend that you remain in the trade with your take profit at 1.1277 and stop-loss at 1.0205. In case of a clear penetration above the level 1.1277 with a big red candle, wait for a pullback and a bounce at this line before you continue long with this pair towards the resistance level 1.1916 or higher.

Trade recommendation

Remain long with your take profit at 1.1277 and stop-loss at 1.0205.

Weekly analytics- Definição do potencial da tendência - Wait for a pullback to sell #Gas

info@freshforex.com (Analyst) — Fri, 03 Nov 2023 02:00:00 +0200

#Gas weekly

Technical observation

#GAS declined to the supportive level 1.570 then bounced slightly above it and since then it has been trading with an increasing bullish bias, this upwards movement is a correction to the zone 5.061-4.850 and I expect a possible bounce within it followed by a momentum to the lower side. My advice, remain flat and wait for a pullback to the zone indicated above then sell a rejection within it with it with your take profit at 1.570 and stop-loss at 6.084. In case the value of #Gas is not sustained below the zone 5.061-4.850 but clearly penetrates above it with a big green candle, I anticipate possible upwards movement towards the key level 9.543.

Trade recommendation

Wait for a pullback to the zone 5.061-4.850 to sell #Gas.

#WTI weekly

Technical observation

#WTI pulled back to the supportive zone 66.35-63.89 then bounced within it and since then it has been trading with an increasing bullish bias, this week I expect a further momentum to the upper side and if you are already holding bullish positions with this pair, remain in the trade with your take profit at 120.09 and stop-loss at 49.11. In case of a break above the level 120.09, wait for a correction to this line before you continue long with this commodity, on the other hand, in case of a clear break below the zone I mentioned earlier with a big red candle, short #WTI towards the supportive level 9.93 or lower.

Trade recommendation

Remain long with your take profit at 120.09.

#NQ100 weekly

Technical observation

On the chart above, the value of #NQ100 is trading with an increasing bearish bias slightly below the level 16627.0 .This week I expect a continuation of this downwards movement towards the supportive zone 10664.3-10476.7 followed by either a rejection within it or a clear break below it with a big red candle; My advice, remain neutral and wait for a correction to the zone indicated above then re-buy this index within it with your take profit at 16627.0 and stop-loss at 8850.5, should there be a breach below the zone I mentioned earlier, wait for a pullback to this zone before you short #NQ100 towards the key level 16627.0.

Trade recommendation

Remain neutral.

Definição do potencial da tendência - Wait

info@freshforex.com (Analyst) — Thu, 02 Nov 2023 02:14:32 +0200

Technical observation

On the weekly chart above, the price is trading with an increasing bearish bias between the supportive level 0.9541 and a resistance zone 1.1512-1.1453 and this week I expect it to close red, however, next week I expect possible upwards movements to the zone I have indicated above followed by either a rejection of price within it or a clear break below it with a big red candle. My advice, remain neutral and wait for a pullback to the zone 1.1512-1.1453 then sell a bounce within it with your take profit at 0.9541 and stop-loss at 1.1880. If there is a clear penetration below the level 0.9541, continue short after a correction to the broken line.

Trade recommendation

Remain neutral.

Definição do potencial da tendência - Remain flat with GBP

info@freshforex.com (Analyst) — Thu, 02 Nov 2023 02:10:45 +0200

Technical observation

This week the value of the pair above opened bullish and I expect it to plummet even further to the upper side. The anticipated momentum to the upper side is a pullback to the resistance zone 1.4343-1.4245 and I expect a rejection of price within it. My advice, remain flat and wait for a retracement to the zone mentioned above then sell GBP within it with your take profit at 1.0877 and stop-loss at 1.4811. If there is a clear penetration above the zone 1.4343-1.4245 with a big green candle, wait for a pullback and a bounce to this line before you pick bullish positions towards the key level 1.7195 or higher.

Trade recommendation

Wait for a retracement to the zone 14343-1.4245 to sell GBP.

Definição do potencial da tendência - We are neutral

info@freshforex.com (Analyst) — Thu, 02 Nov 2023 02:06:46 +0200

Technical observation

USD bounced within the zone 127.15-126.28 for a second time and since then it has been trading with an increasing bullish bias, this week the price is at the level 151.87 and I expect either a clear break above it with a big green candle or a rejection of price at it, if you are holding bullish positions with this pair, pick your profits now at the level 151.78, should there be a rejection of price at the same level, wait for a correction to the zone I mentioned earlier to re-buy USD. On the weekly chart above as the long the price is sustained above the zone 127.150-126.28, only bullish positions are ideal and can be recommended.

Trade recommendation

Remain flat.

Definição do potencial da tendência - We are flat

info@freshforex.com (Analyst) — Wed, 01 Nov 2023 02:11:38 +0200

Technical observation

On the daily chart above the price is trading with an increasing bearish bias below the zone 1.0770-1.0795 and today I expect a loss of this downwards movement followed by a pullback to the zone I have mentioned above and a possible rejection within it. My advice remain neutral and wait for a retracement to the zone 1.0770-1.0795 then sell a bounce within it with your take profit at 1.0216 and stop-loss at 1.10985. If there is a rejection below the level 1.0216, I expect the price to plunge further towards the supportive level 0.9533 or lower, on the chart above, I can only recommend bullish positions above the zone 1.0770-1.0795.

Trade recommendation

Remain neutral.

Definição do potencial da tendência - Wait for a correction to the zone 1.2635-1.2589

info@freshforex.com (Analyst) — Wed, 01 Nov 2023 02:05:40 +0200

Technical observation

The value of GBP is rallying between the supportive level 1.1702 and a resistance zone 1.2635-1.2589, today I expect a further surge to the zone I have indicated above followed by either a bounce within it or a clear break above it with a big green candle. In case of a rejection within the zone 1.2635-1.2589, sell this pair within it with your take profit at 1.1702 and stop-loss at 1.2819, contrary, if there is a clear penetration above this zone with a big green candle; pick bullish positions within the same zone with your first take profit at 1.3610 and the next at 1.4376.

Trade recommendation

Wait for a correction to the zone 1.2635-1.2589 to sell GBP.

Definição do potencial da tendência - Remain long

info@freshforex.com (Analyst) — Wed, 01 Nov 2023 02:00:57 +0200

Technical observation

USD bounced within the zone 138.75-138.22 for a second time and since then it has been trading with an increasing bullish bias, today I expect a rise to the level 151.97 and if you are holding bullish positions with this pair, remain in the trade with your take profit at 151.97 and stop-loss at 135.68. In case of a clear break above the level 151.97, I expect the value of USD to ascend further after a correction to the broken line, but should the price decline below the zone 138.75-138.22, I anticipate a plunge to the lower side; on your way downwards the key levels to look for include 126.78, 112.70 and the level 102.50.

Trade recommendation

Remain long with your take profit at 151.97.

Definição do potencial da tendência - Wait

info@freshforex.com (Analyst) — Tue, 31 Oct 2023 02:33:32 +0200

Technical observation

On the weekly chart above the value of EUR is trading with an increasing bullish bias, this upwards movement is a correction to the resistance 1.1512-1.1453 and I expect a possible rejection within it followed by a surge to the lower side. My advice, remain neutral and wait for a correction to the zone I have mentioned above then sell a bounce within it with your take profit at 0.9541 and stop-loss at . If there is a clear break below the level 0.9541 with a bug red candle, wait for a pullback to this line before you continue short, on the other hand, pick bullish in case of a clear penetration above the zone 1.1512-1.1453.

Trade recommendation

Remain neutral.