πŸ“Œ Originally published at shunya.trade β€” View with interactive charts & tools.
Shunya.Trade Options Engine

Forex Market Pre-Market Analysis

July 16, 202608:45 PM LocalReal-Time Market Data
EUR/USD
1.14469
+0.19%
GBP/USD
1.34795
+0.61%
USD/JPY
162.364
+0.11%
AUD/USD
0.69989
+0.32%
USD/CAD
1.40428
-0.06%
USD/CHF
0.80860
-0.06%
Volatility Index — CBOE VIX
16.7% Moderate
EUR/USD
Bearish
1.14469
+0.19%
Intraday
Neutral
Daily
Neutral
Weekly
Bearish
Monthly
Bearish
RSI (62.3)Neutral
OVERSOLDNEUTRALOVERBOUGHT
TAE Institutional Signal
SHORTGrade: FScore: 0%
Entry Zone1.14125 – 1.14789
Stop Loss1.18791
TP 11.11990
TP 21.10390
TP 31.09860
Risk : Reward1 : 0.6
Analyst Summary
Trading above the 20-day SMA (1.14), the asset maintains its bullish price structure β€” dip-buying remains the high-probability play. RSI at 62 holds above the 50-line, confirming the bullish directional bias without yet reaching overbought extremes. On the MACD, the fast line has crossed below the signal line with a negative histogram β€” confirming the bearish momentum shift.
Support / Resistance
Support1.13254
Resistance1.14797
Moving Averages
21-day SMA1.14428
50-day SMA1.15422
100-day SMA1.15912
200-day SMA1.16415
Moving Average Signals
EMA 9 < EMA 21 and SMA 20 < SMA 50 β€” short and medium-term bearish alignment.
Momentum (RSI)
RSI 62.3 β€” Bullish momentum above equilibrium.
MACD Analysis
TAE mode β€” refer to TAE direction signal above.
Bollinger Bands
20-period band. Price 1.14469; midline 1.14132.
Volume Analysis
FX spot β€” no centralised volume. Price action + TAE signal are primary inputs.
Chart Pattern / Signal
TAE Signal: SHORT | Grade: F | Score: 0%
Fibonacci Retracements
LevelPrice
Extensions
ExtensionPrice
0.2361.14433
0.3821.14208
0.5001.14026
0.6181.13844
0.7861.13584
Trade Setup
Entry
1.14457
Stop Loss
1.18791
Take Profit
1.11990
Risk / Reward
1:0.6
Sell
GBP/USD
Neutral
1.34795
+0.61%
Intraday
Neutral
Daily
Neutral
Weekly
Bullish
Monthly
Bullish
RSI (77.4)Overbought
OVERSOLDNEUTRALOVERBOUGHT
TAE Institutional Signal
NEUTRALGrade: FScore: 0%
Entry Zone1.33447 – 1.36143
Stop Loss1.34794
TP 11.34794
TP 21.34794
TP 31.34794
Risk : Reward1 : 11.0
Analyst Summary
The 20-day SMA (1.33) remains unbroken on the downside β€” bulls retain structural control of the near-term tape. The 77 RSI print warns of stretched momentum. Consider scaling out of directional longs or hedging with defined-risk structures. MACD validates the bearish lean: histogram below zero and expanding in negative territory. The impulse leg is to the downside.
Support / Resistance
Support1.31430
Resistance1.35444
Moving Averages
21-day SMA1.33564
50-day SMA1.33838
100-day SMA1.33980
200-day SMA1.33959
Moving Average Signals
Mixed MA positioning β€” no clear directional confluence.
Momentum (RSI)
RSI 77.4 β€” Overbought. Momentum elevated; watch for pullback.
MACD Analysis
TAE mode β€” refer to TAE direction signal above.
Bollinger Bands
20-period band. Price 1.34795; midline 1.33027.
Volume Analysis
FX spot β€” no centralised volume. Price action + TAE signal are primary inputs.
Chart Pattern / Signal
TAE Signal: NEUTRAL | Grade: F | Score: 0%
Fibonacci Retracements
LevelPrice
Extensions
ExtensionPrice
0.2361.34497
0.3821.33911
0.5001.33437
0.6181.32964
0.7861.32289
Trade Setup
Entry
1.34795
Stop Loss
1.34321
Take Profit
1.35742
Risk / Reward
1:2.0
Neutral
USD/JPY
Neutral
162.364
+0.11%
Intraday
Bullish
Daily
Bullish
Weekly
Bullish
Monthly
Bullish
RSI (55.9)Neutral
OVERSOLDNEUTRALOVERBOUGHT
TAE Institutional Signal
NEUTRALGrade: FScore: 0%
Entry Zone160.740 – 163.988
Stop Loss162.364
TP 1162.364
TP 2162.364
TP 3162.364
Risk : Reward1 : 200.0
Analyst Summary
Near-term structure remains constructive with price trading above the 20-day SMA (162). The oscillator at 56 reflects sustained buying interest β€” bulls control the momentum channel. MACD validates the bearish lean: histogram below zero and expanding in negative territory. The impulse leg is to the downside.
Support / Resistance
Support160.620
Resistance162.836
Moving Averages
21-day SMA161.764
50-day SMA160.331
100-day SMA159.510
200-day SMA157.283
Moving Average Signals
EMA 9 > EMA 21 and SMA 20 > SMA 50 β€” short and medium-term bullish alignment.
Momentum (RSI)
RSI 55.9 β€” Bullish momentum above equilibrium.
MACD Analysis
TAE mode β€” refer to TAE direction signal above.
Bollinger Bands
20-period band. Price 162.364; midline 161.972.
Volume Analysis
FX spot β€” no centralised volume. Price action + TAE signal are primary inputs.
Chart Pattern / Signal
TAE Signal: NEUTRAL | Grade: F | Score: 0%
Fibonacci Retracements
LevelPrice
Extensions
ExtensionPrice
0.236162.313
0.382161.989
0.500161.728
0.618161.467
0.786161.094
Trade Setup
Entry
162.364
Stop Loss
161.858
Take Profit
163.376
Risk / Reward
1:2.0
Neutral
AUD/USD
Neutral
0.69989
+0.32%
Intraday
Neutral
Daily
Neutral
Weekly
Bearish
Monthly
Bullish
RSI (66.7)Neutral
OVERSOLDNEUTRALOVERBOUGHT
TAE Institutional Signal
NEUTRALGrade: FScore: 0%
Entry Zone0.69289 – 0.70689
Stop Loss0.69989
TP 10.69989
TP 20.69989
TP 30.69989
Risk : Reward1 : 200.0
Analyst Summary
Price respects the 20-day average at 0.69 as a floor, offering a constructive base for directional longs. With RSI at 67, the risk/reward for new long entries deteriorates. Favour strategies that benefit from a pullback or consolidation. The MACD reading is bearish β€” histogram below zero and expanding, suggesting selling pressure has momentum behind it.
Support / Resistance
Support0.68657
Resistance0.70233
Moving Averages
21-day SMA0.69640
50-day SMA0.70565
100-day SMA0.70617
200-day SMA0.68808
Moving Average Signals
EMA 9 < EMA 21 and SMA 20 < SMA 50 β€” short and medium-term bearish alignment.
Momentum (RSI)
RSI 66.7 β€” Bullish momentum above equilibrium.
MACD Analysis
TAE mode β€” refer to TAE direction signal above.
Bollinger Bands
20-period band. Price 0.69989; midline 0.69379.
Volume Analysis
FX spot β€” no centralised volume. Price action + TAE signal are primary inputs.
Chart Pattern / Signal
TAE Signal: NEUTRAL | Grade: F | Score: 0%
Fibonacci Retracements
LevelPrice
Extensions
ExtensionPrice
0.2360.69861
0.3820.69631
0.5000.69445
0.6180.69259
0.7860.68994
Trade Setup
Entry
0.69989
Stop Loss
0.69717
Take Profit
0.70533
Risk / Reward
1:2.0
Neutral
USD/CAD
Bullish
1.40428
-0.06%
Intraday
Neutral
Daily
Neutral
Weekly
Bullish
Monthly
Bullish
RSI (19.4)Oversold
OVERSOLDNEUTRALOVERBOUGHT
TAE Institutional Signal
LONGGrade: FScore: 0%
Entry Zone1.38223 – 1.40162
Stop Loss1.34892
TP 11.44120
TP 21.46220
TP 32.00000
Risk : Reward1 : 1.1
Analyst Summary
The 20-day moving average at 1.42 now acts as overhead resistance β€” bears have reclaimed near-term control. With the RSI reading at 19, the tape is washed out. Watch for a divergence signal to confirm a base-building attempt. MACD histogram remains in positive territory, underpinning the current directional move.
Support / Resistance
Support1.40070
Resistance1.42478
Moving Averages
21-day SMA1.41192
50-day SMA1.39709
100-day SMA1.38477
200-day SMA1.38518
Moving Average Signals
EMA 9 > EMA 21 and SMA 20 > SMA 50 β€” short and medium-term bullish alignment.
Momentum (RSI)
RSI 19.4 β€” Oversold. Potential mean-reversion developing.
MACD Analysis
TAE mode β€” refer to TAE direction signal above.
Bollinger Bands
20-period band. Price 1.40428; midline 1.41741.
Volume Analysis
FX spot β€” no centralised volume. Price action + TAE signal are primary inputs.
Chart Pattern / Signal
TAE Signal: LONG | Grade: F | Score: 0%
Fibonacci Retracements
LevelPrice
Extensions
ExtensionPrice
0.2361.41910
0.3821.41558
0.5001.41274
0.6181.40990
0.7861.40585
Trade Setup
Entry
1.39193
Stop Loss
1.34892
Take Profit
1.44120
Risk / Reward
1:1.1
Buy
USD/CHF
Neutral
0.80860
-0.06%
Intraday
Bullish
Daily
Bullish
Weekly
Bullish
Monthly
Bullish
RSI (47.0)Neutral
OVERSOLDNEUTRALOVERBOUGHT
TAE Institutional Signal
NEUTRALGrade: FScore: 0%
Entry Zone0.80051 – 0.81669
Stop Loss0.80860
TP 10.80860
TP 20.80860
TP 30.80860
Risk : Reward1 : 0.0
Analyst Summary
Price holds above the 20-day moving average at 0.81, preserving the near-term bullish structure. With RSI at 47, the path of least resistance remains to the downside until buyers can reclaim the neutral zone. The MACD reading is bearish β€” histogram below zero and expanding, suggesting selling pressure has momentum behind it.
Support / Resistance
Support0.80090
Resistance0.81504
Moving Averages
21-day SMA0.80611
50-day SMA0.79625
100-day SMA0.79128
200-day SMA0.79189
Moving Average Signals
EMA 9 > EMA 21 and SMA 20 > SMA 50 β€” short and medium-term bullish alignment.
Momentum (RSI)
RSI 47.0 β€” Neutral zone. No strong directional signal.
MACD Analysis
TAE mode β€” refer to TAE direction signal above.
Bollinger Bands
20-period band. Price 0.80860; midline 0.80842.
Volume Analysis
FX spot β€” no centralised volume. Price action + TAE signal are primary inputs.
Chart Pattern / Signal
TAE Signal: NEUTRAL | Grade: F | Score: 0%
Fibonacci Retracements
LevelPrice
Extensions
ExtensionPrice
0.2360.81170
0.3820.80964
0.5000.80797
0.6180.80630
0.7860.80393
Trade Setup
Entry
0.80860
Stop Loss
0.80521
Take Profit
0.81539
Risk / Reward
1:2.0
Neutral
Market Search Previews
Key Takeaway
Track real yield differentials alongside forward rate expectations for macro-driven currency pair selection.
Free Daily Analysis
Get Pre-Market & Post-Market Setups Every Day
Options Engine signals for NIFTY, S&P 500, DAX, Forex & 10+ global markets β€” completely free.
Explore Shunya.Trade →
⚠ Disclaimer: This analysis is for educational and informational purposes only. It does not constitute financial advice. Options trading involves significant risk of loss. Past performance does not guarantee future results. Always conduct your own research and consult a qualified financial advisor before making any investment decisions.