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AUDUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.686. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.6895. TP4: R2=0.691. Set the stoploss of these orders at breakout of S2=0.685. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.685. In this situation, there is an expectation to reach the target S3=0.6785. Set the stoploss of reverse orders at breakout of S1=0.686. If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
Long
by ForecastCity_EU
EURUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.1125. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=1.1175. TP4: R2=1.12. Set the stoploss of these orders at breakout of S2=1.1115. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of S2=1.1115. In this situation, there is an expectation to reach the target S3=1.105. Set the stoploss of reverse orders at breakout of S1=1.1125. If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
Long
by ForecastCity_EU
GBPUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.3225. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=1.338. TP4: R2=1.342. Set the stoploss of these orders at breakout of S2=1.3205. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of S2=1.3205. In this situation, there is an expectation to reach the target S3=1.3105. Set the stoploss of reverse orders at breakout of S1=1.3225. If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
Long
by ForecastCity_EU
GBPUSD Intraday ForecastAs we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1.318. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=1.3085. TP4: S2=1.306. Set the stoploss of these orders at breakout of R2=1.321. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of R2=1.321. In this situation, there is an expectation to reach the target R3=1.3305. Set the stoploss of reverse orders at breakout of R1=1.318. If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
Short
by ForecastCity_EU
EURUSD 1.1110 major resistanceThe euro has started to firm test towards the 1.1100 level against the greenback as expected, following another round of weakness in the US dollar index. Buyers now need to rally the EURUSD pair above the 1.1110 resistance level to provoke a major technical breakout. Overall, buying any dips lower in the EURUSD pair appears to be the best option while the US dollar remains weak. • The EURUSD pair is only bullish while trading above the 1.1075 level, key resistance is found at the 1.1110 and 1.1180 levels. • The EURUSD pair is only bearish while trading below the 1.1075 level, key support is found at the 1.1060 and 1.1045 levels.
by OctaFX_Official
USDJPY 108.20 major supportThe US dollar remains under downside pressure against the Japanese yen, following the release of more weak data from the US economy. From a technical perspective, the USDJPY pair is extremely weak while trading below the 108.60 support level. Going forward, a break under the 108.20 level exposes the USDJPY pair to heavy technical selling towards the 107.50 level and possibly lower. • The USDJPY pair is only bullish while trading above the 108.90 level, key resistance is found at the 109.15 and 109.40 levels. • The USDJPY pair is only bearish while trading below the 108.90 level, key technical support is found at the 108.20 and 107.50 levels.
by OctaFX_Official
1
Don't miss the great sell opportunity in USDCADTrading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1.3255). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDCAD is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 26. Take Profits: TP1= @ 1.3190 TP2= @ 1.3113 TP3= @ 1.3018 SL: Break Above R2
Short
by ForecastCity_EU
Don't miss the great buy opportunity in GBPUSDTrading suggestion: . There is a possibility of temporary retracement to suggested support line (1.3010). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . GBPUSD is in a uptrend and the continuation of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 76. Take Profits: TP1= @ 1.3090 TP2= @ 1.3178 TP3= @ 1.3345 SL= Break below S2
Long
by ForecastCity_EU
USDJPY bearish under 108.90The US dollar has fallen back under the 108.90 level against the Japanese yen currency, making the pair technically bearish over the short-term. Continued weakness under this key area could provoke further losses towards the 108.20 level. The USDJPY pair could capitulate to technical selling if the 108.20 support level is broken. • The USDJPY pair is only bullish while trading above the 108.90 level, key resistance is found at the 109.40 and 109.65 levels. • The USDJPY pair is only bearish while trading below the 108.90 level, key technical support is found at the 108.20 and 107.50 levels.
by OctaFX_Official
GBPUSD 1.3000 achievedThe British pound has moved to a fresh six-week trading high against the US dollar, with the pair moving above the psychological 1.3000 level. Buyers need to hold price above the 1.3000 level to maintain the bullish medium-term range breakout. The GBPUSD pair could easily advance towards the 1.3100 level at this stage, with the 1.3200 level the ultimate upside objective. • The GBPUSD pair is bullish while trading above the 1.2960 level, further upside towards the 1.3100 and 1.3150 levels appears possible. • the GBPUSD pair trades below the 1.2960 level, key support is found at the 1.2940 and 1.2900 levels.
by OctaFX_Official
2
GBPUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.297. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=1.301. TP4: R2=1.3055. Set the stoploss of these orders at breakout of S2=1.295. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of S2=1.295. In this situation, there is an expectation to reach the target S3=1.286. Set the stoploss of reverse orders at breakout of S1=1.297. If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
Long
by ForecastCity_EU
EURUSD 1.1075 keyThe euro is rising against the US dollar, following comments from US President Donald Trump surrounding more interest rate cuts from the Federal Reserve and weak US data. The EURUSD pair needs to hold price above the 1.1045 level to encourage fresh technical buying interest. A daily price close above the 1.1075 resistance level should be considered bullish for the EURUSD pair this week. • The EURUSD pair is only bullish while trading above the 1.1045 level, key resistance is found at the 1.1100 and 1.1130 levels. • The EURUSD pair is only bearish while trading below the 1.1045 level, key support is found at the 1.0980 and 1.0945 levels.
by OctaFX_Official
GBPUSD 1.3000 insightThe British pound is firming above the 1.2940 level against the US dollar as the greenback comes under a fresh round of selling pressure. A sustained break above the 1.2960 resistance level exposes a potential technical test of the psychological 1.3000 level. Once above the 1.3000 level, the GBPUSD pair could quickly trade higher, with the 1.3200 resistance level the medium-term objective. • The GBPUSD pair is bullish while trading above the 1.2900 level, key resistance is found at the 1.2960 and 1.3000 levels. • If the GBPUSD pair trades below the 1.2900 level, key support is found at the 1.2880 and 1.2850 levels.
by OctaFX_Official
AUDUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.68. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.6835. TP4: R2=0.6855. Set the stoploss of these orders at breakout of S2=0.679. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.679. In this situation, there is an expectation to reach the target S3=0.6725. Set the stoploss of reverse orders at breakout of S1=0.68. If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
Long
by ForecastCity_EU
Don't miss the great sell opportunity in USDCHFTrading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.9980). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDCHF is in a range bound and the beginning of downtrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 40. Take Profits: TP1= @ 0.9940 TP2= @ 0.9890 TP3= @ 0.9845 SL: Break Above R2
Short
by ForecastCity_EU
USDCHF Intraday ForecastAs we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=0.996. TP4: S2=0.994. Set the stoploss of these orders at breakout of R2=1.002. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of R2=1.002. In this situation, there is an expectation to reach the target R3=1.0095. Set the stoploss of reverse orders at breakout of R1=1. If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
Short
by ForecastCity_EU
EURUSD 1.0980 bounceThe euro is trading back above the 1.1000 level against the US dollar after the pair bounced fairly sharply from the 1.0980 level on Friday. A daily price above the 1.1070 level is now needed to confirm that a major technical bottom is in place for the EURUSD. Looking at the downside potential, a daily price close under the 1.0990 level should encourage bears to target the 1.0945 level. • The EURUSD pair is only bullish while trading above the 1.1020 level, key resistance is found at the 1.1045 and 1.1070 levels. • The EURUSD pair is only bearish while trading below the 1.1020 level, key support is found at the 1.0980 and 1.0945 levels.
by OctaFX_Official
GBPUSD further gains expectedThe British pound continues to firm above the 1.2900 level against the US dollar, following a bullish weekly and monthly price close. Technical analysis shows that GBPUSD buyers have the upper hand while price closes above the 1.2890 level on a daily basis. Risk-averse traders may await a move above the 1.3000 level in order to confirm a range break and a potential push towards the 1.3200 resistance level. • The GBPUSD pair is bullish while trading above the 1.2890 level, key resistance is found at the 1.2960 and 1.3000 levels. • If the GBPUSD pair trades below the 1.2890 level, key support is found at the 1.2850 and 1.2820 levels.
by OctaFX_Official
EURUSD unable to rallyThe euro has once again been rejected from the 1.1020 resistance level against the US dollar, as short-term buyers fail to take back control of the pair. A bullish double-bottom is still in place, although the EURUSD pair could break the November if weakness under the 1.1000 level persists. Going forward, a sustained breakout from the 1.0990 to 1.1020 trading range is now needed. • The EURUSD pair is only bullish while trading above the 1.1020 level, key resistance is found at the 1.1045 and 1.1070 levels. • The EURUSD pair is only bearish while trading below the 1.1020 level, key support is found at the 1.0990 and 1.0945 levels.
by OctaFX_Official
USDJPY 110.00 possibleThe US dollar continues to target towards 110.00 level against the Japanese yen as the greenback remains well-supported across the board. The recent high around the 109.60 level provided a signal that the USDJPY intends to push higher over the shor-term. The 110.90 level could be the overall upside objective for medium-term bulls if the 110.00 resistance level is overcome. • The USDJPY pair is only bullish while trading above the 109.30 level, key resistance is found at the 109.60 and 110.0 levels. • The USDJPY pair is only bearish while trading below the 109.30 level, key technical support is found at the 109.15 and 109.00 levels.
by OctaFX_Official
GBPUSD 1.2900 still keyThe British pound has staged a strong rebound from the 1.2830 level against the US dollar after selles failed to break under the current weekly trading low. Going forward, a series of bullish price close is needed above the 1.2900 level is needed to encourage medium-term buying. A new high above the important 1.2960 level would also be extremely bullish for the GBPUSD pair. • The GBPUSD pair is bullish while trading above the 1.2900 level, key resistance is found at the 1.2960 and 1.3100 levels. • If the GBPUSD pair trades below the 1.2900 level, key support is found at the 1.2880 and 1.2830 levels.
by OctaFX_Official
EURUSD still at riskThe euro currency remains at risk of further losses against the US dollar, with the pair continuing to make bearish daily lower price lows. Going forward, a sustained loss of the 1.0990 support level would be extremely bearish for the EURUSD pair this week. At present, a daily price close above the 1.1070 level is needed to confirm that a new short-term bullish trend will begin. • The EURUSD pair is only bullish while trading above the 1.1045 level, key resistance is found at the 1.1070 and 1.1100 levels. • The EURUSD pair is only bearish while trading below the 1.1045 level, key support is found at the 1.0990 and 1.0945 levels.
by OctaFX_Official