Forex Signals Daily

NZDJPY hits Breakeven ⚖️ Trade Closed with TP1 ✅

🇬🇧🇦🇺 GBP/AUD Analysis: Bulls Eyeing Resistance Amid Geopolitical Tensions The GBP/AUD pair has gained strength as global risk sentiment takes a hit following recent developments regarding U.S.-Iran relations. Mixed signals concerning the Strait of Hormuz have pushed investors toward safer havens, providing a lift to the pair which is currently trading around 1.9115. Domestically, we are seeing signs of a cooling UK labor market. Data for Q2 shows slower wage growth and a significant drop in vacancies, hitting a five-year low. While this would typically pressure the Pound, the Bank of England (BoE) is expected to stay on hold as they monitor how energy cost fluctuations from Middle East tensions might impact future inflation. Technical Outlook: We are approaching critical immediate resistance at 1.9140 (50% Fibonacci level). A daily close above this level could clear the path for a move toward 1.9236. On the downside, strong support is established at 1.8992, with a breach there potentially opening the doors for a slide toward 1.8915. ---------- We are looking to SELL around 1.9140. Detailed stop loss and take profit levels will be shared with the entry alert in the VIP channel. 📉

🟢 New Signal SELL EURAUD at 1.635 Take Profit and Stop Loss prices are shared in the VIP channel.

🇬🇧🇳🇿 GBP/NZD Analysis: Bearish Bias Persists Despite Short-term Strength We are observing a slight recovery in GBP/NZD, currently trading at 2.305. This move is largely driven by a shift toward risk aversion, which has weighed on the risk-sensitive Kiwi dollar following renewed geopolitical tensions between the U.S. and Iran regarding the Strait of Hormuz. However, the fundamental outlook for the Pound remains weak. Recent UK labor market data reveals a softening economy, with private-sector wage growth slowing and vacancies hitting five-year lows. Furthermore, payroll data showed a decline for the sixth consecutive month, suggesting the GBP's upside may be limited. Technical Levels: 📈 Immediate Resistance: 2.3154 (Upper Bollinger Band). A close above this could lead to 2.3222. 📉 Immediate Support: 2.2988 (50% Fib). A break below targets the 2.2805 zone. While the downtrend has lost some immediate momentum, the overall bearish setup remains intact. ---------- We are looking to SELL GBP/NZD around 2.3060. Full stop loss and take profit levels will be shared with the entry alert in the VIP channel.

🇪🇺🇦🇺 EUR/AUD is showing some upward momentum today as broader risk sentiment takes a hit from escalating geopolitical uncertainty in the Middle East. Tensions regarding the Strait of Hormuz and conflicting statements from Washington and Tehran are keeping markets on edge, which typically clouds the economic outlook for energy-dependent Europe. On a positive note, German investor sentiment (ZEW) significantly outperformed expectations in August, rising to 34.2 points. While export orders remain resilient, the pair is currently facing a critical technical juncture. We are trading at 1.6346, sitting just below immediate resistance at 1.6353 (20 SMA). While a close above this could spark a move toward 1.6412, the overall macro environment and technical hurdles suggest a potential reversal at these levels. Immediate support is found at 1.6285 (38.2% Fib), and a break lower could see the pair testing 1.6233. ---------- We are looking to SELL EUR/AUD around 1.6350. Stop loss and take profit levels will be shared with the entry alert in the VIP channel. 📉

🇪🇺🇳🇿 EUR/NZD Analysis: Bearish Momentum vs Risk Aversion We are currently observing EUR/NZD trading at 1.9711. While the pair saw some strength recently due to a shift toward risk aversion, the broader bearish path remains in play even as the downtrend shows signs of losing steam. Risk sentiment has deteriorated following recent geopolitical developments. With no breakthroughs in U.S.-Iran negotiations and the Strait of Hormuz remaining a point of contention, markets are bracing for prolonged disruptions to global energy supplies. These tensions have pushed Brent crude to its highest levels since late last month, weighing heavily on risk-sensitive assets like the Kiwi 🇳🇿. Technical Levels to Watch: 🚀 Immediate Resistance: 1.9781 (Higher Bollinger Band). A close above this level could push the pair towards 1.9838. 📉 Strong Support: 1.9665 (38.2% Fibonacci level). A break below this support could accelerate the move toward 1.9528. ---------- We are looking to SELL EUR/NZD around 1.9750. Full stop loss and take profit targets will be shared with the entry alert in our VIP channel. ⚡️

🟢 New Signal SELL USDCAD at 1.39 Take Profit and Stop Loss prices are shared in the VIP channel.

USDCAD hits Take Profit 2 ✅ +30 pips

🇪🇺🇯🇵 EUR/JPY Pullback Alert: Bullish Momentum Intact for 185 Breakout EUR/JPY is currently consolidating in a narrow range following a minor pullback, currently trading at 184.747. We remain structurally bullish on this pair as long as price remains well above the 183 level. Technical Outlook: On the 1-hour chart, the pair is trading comfortably above the 55, 200, and 365 EMAs, confirming the underlying strength. While the CCI (50) on the 4-hour chart remains bullish, the ADX shows a neutral reading, suggesting a mixed trend in the immediate short term. Key Levels to Watch: 🚀 Resistance: Our primary target is 185. A clean breakout above this level opens the doors for 186 and 187. 📉 Support: Immediate support sits at 184. Should this be breached, we could see a deeper correction toward 183 or even the 182.15 zone. We view current dips as buying opportunities, provided the support levels hold firm. ---------- We are looking to BUY on dips around the 183.78-183.80 area. Full entry alerts, including specific Stop Loss and Take Profit targets, will be shared in our VIP channel.

🇨🇦🇯🇵 CAD/JPY Pullback Alert: Buy-on-Dips Strategy Toward 118.00 We are currently observing a healthy pullback in CAD/JPY as the Loonie loses some intraday momentum. The pair is trading around 114.787, after hitting a daily high of 115.20. Technical Outlook: The structure remains firmly bullish on the 4-hour chart, with price action holding steady above the 34, 55, 200, and 365 EMAs. 🔹 Resistance: The immediate hurdle sits at 115.25. A clean break above this level opens the door for a push toward 116, 117, and our primary target of 118, with long-term potential reaching 120. 🔹 Support: Near-term support is established at 114.60. Should we break below this, we could see a deeper correction toward 114 or 113. Indicators: - CCI (50): Bullish - ADX (14): Neutral (suggesting consolidation before the next leg up) We view this current dip as a buying opportunity to position for the next move higher. ---------- We are looking to BUY on dips around the 114.58-114.60 zone. Stop loss and take profit levels will be shared with the entry alert in the VIP channel. 🚀

🇬🇧🇺🇸 GBP/USD Analysis: Cable Eases as UK Labour Market Shows Signs of Cooling We are observing some downward pressure on the GBP/USD pair today, currently trading at 1.3535. This move comes following the release of softer-than-expected UK labour market data, which has sparked concerns regarding a slowing economic momentum. Key Highlights: 📉 Britain's labour market cooled further in Q2, characterized by slowing private sector earnings growth. 💼 Job vacancies fell to 707,000 for the three months to July—the lowest level since 2021. 📊 The unemployment rate held steady at 4.9% in June, missing the economist consensus of a drop to 4.8%. While the Bank of England (BoE) is likely to remain on hold for now, markets are still pricing in at least one 25-bps rate hike by year-end due to persistent energy-driven wage pressures. Technical Outlook: 🚧 Resistance: The immediate hurdle sits at 1.3600 (23.6% Fib). A daily close above this level could propel the pair toward the higher Bollinger Band at 1.3641. 📉 Support: Immediate support is identified at 1.3511 (Psychological level). A break below this could see the pair sliding toward 1.3442 (50% Fib). ---------- We are looking to BUY around 1.3500. Stop loss and take profit levels will be shared with the entry alert in the VIP channel. ⚡️

EURAUD hits Breakeven ⚖️ Trade Closed with TP1 & TP2 ✅

USDCAD hits Take Profit 1 ✅ +15 pips Move Stop Loss to Breakeven.