EURUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.116.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=1.1225.
TP4: R2=1.1245.
Set the stoploss of these orders at breakout of S2=1.114.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=1.114.
In this situation, there is an expectation to reach the target S3=1.1065.
Set the stoploss of reverse orders at breakout of S1=1.116.
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!
Eur-usd
EURUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.114.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=1.119.
TP4: R2=1.1205.
Set the stoploss of these orders at breakout of S2=1.113.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=1.113.
In this situation, there is an expectation to reach the target S3=1.1065.
Set the stoploss of reverse orders at breakout of S1=1.114.
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!
EURUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.1205.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=1.1255.
TP4: R2=1.1285.
Set the stoploss of these orders at breakout of S2=1.1195.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=1.1195.
In this situation, there is an expectation to reach the target S3=1.113.
Set the stoploss of reverse orders at breakout of S1=1.1205.
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!
EURUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.123.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=1.1275.
TP4: R2=1.1305.
Set the stoploss of these orders at breakout of S2=1.121.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=1.121.
In this situation, there is an expectation to reach the target S3=1.1135.
Set the stoploss of reverse orders at breakout of S1=1.123.
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!
EURUSD Intraday ForecastAs we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1.1315.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: S1=1.1265.
TP4: S2=1.124.
Set the stoploss of these orders at breakout of R2=1.1335.
Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of R2=1.1335.
In this situation, there is an expectation to reach the target R3=1.141.
Set the stoploss of reverse orders at breakout of R1=1.1315.
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!
EURUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.137.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=1.1415.
TP4: R2=1.1445.
Set the stoploss of these orders at breakout of S2=1.1345.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=1.1345.
In this situation, there is an expectation to reach the target S3=1.1265.
Set the stoploss of reverse orders at breakout of S1=1.137.
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!
Don't miss the great buy opportunity in EURUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.1270). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURUSD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 63.
Take Profits:
TP1= @ 1.1315
TP2= @ 1.1345
TP3= @ 1.1450
SL= @ 1.1230
EURUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.1265.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=1.1315.
TP4: R2=1.1345.
Set the stoploss of these orders at breakout of S2=1.125.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=1.125.
In this situation, there is an expectation to reach the target S3=1.118.
Set the stoploss of reverse orders at breakout of S1=1.1265.
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!
Don't miss the great buy opportunity in EURUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.1255). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURUSD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 72.
Take Profits:
TP1= @ 1.1325
TP2= @ 1.1420
TP3= @ 1.1510
SL= @ 1.1200
EURUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.116.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=1.12.
TP4: R2=1.1225.
Set the stoploss of these orders at breakout of S2=1.114.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=1.114.
In this situation, there is an expectation to reach the target S3=1.1065.
Set the stoploss of reverse orders at breakout of S1=1.116.
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!
EURUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.1205.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=1.125.
TP4: R2=1.1265.
Set the stoploss of these orders at breakout of S2=1.1185.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=1.1185.
In this situation, there is an expectation to reach the target S3=1.111.
Set the stoploss of reverse orders at breakout of S1=1.1205.
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!
EURUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.118.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=1.122.
TP4: R2=1.126.
Set the stoploss of these orders at breakout of S2=1.117.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=1.117.
In this situation, there is an expectation to reach the target S3=1.1105.
Set the stoploss of reverse orders at breakout of S1=1.118.
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!
EURUSD Intraday ForecastAs we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1.118.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: S1=1.114.
TP4: S2=1.112.
Set the stoploss of these orders at breakout of R2=1.119.
Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of R2=1.119.
In this situation, there is an expectation to reach the target R3=1.1255.
Set the stoploss of reverse orders at breakout of R1=1.118.
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!
EURUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.129.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=1.1325.
TP4: R2=1.1345.
Set the stoploss of these orders at breakout of S2=1.128.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=1.128.
In this situation, there is an expectation to reach the target S3=1.1215.
Set the stoploss of reverse orders at breakout of S1=1.129.
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!
EURUSD Approaching Resistance, Prepare For A Reversal EURUSD is approaching its resistance at 1.1295 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal pullback resistance) where it is expected to reverse down to its support at 1.1219( 61.8% Fibonacci retracement).
Stochastic (34, 5, 3) is approaching its resistance at 96% where a corresponding reversal is expected.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
EURUSD Intraday ForecastAs we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1.1375.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: S1=1.1305.
TP4: S2=1.127.
Set the stoploss of these orders at breakout of R2=1.139.
Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of R2=1.139.
In this situation, there is an expectation to reach the target R3=1.146.
Set the stoploss of reverse orders at breakout of R1=1.1375.
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!
A trading opportunity to buy in EURUSDMidterm forecast:
While the price is above the support 1.1300, beginning of uptrend is expected.
We make sure when the resistance at 1.1615 breaks.
If the support at 1.1300 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:
There is a divergence in RSI and price between the trough at 1.15095 on 2018-05-29 and the trough at 1.13005 on 2018-08-15, the probability of downtrend continuation is decreased and the probability of beginning of uptrend is increased.
The RSI bounced from the uptrend #1 and it prevented price from more losses.
The RSI downtrend #2 is broken, so the probability of beginning of uptrend is increased.
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index (RSI) is 38.
Trading suggestion:
Price is in the Buy Zone (1.1430 to 1.1300).
While the price is below the level 1.1430, the probability of beginning of uptrend is too weak, so we would enter the market with buy trades based on Daily-Trading-Opportunities and a day close price above 1.1430 and expect to reach short-term targets.
Beginning of entry zone (1.1430)
Ending of entry zone (1.1300)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1 : @1.1510
TP2 : @1.1615
TP3 : @1.1715
TP4 : @1.1800
TP5 : @1.1925
TP6 : @1.2075
TP7 : @1.2205
TP8 : @1.2555
TP9 : Free
EURUSD Intraday ForecastAs we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1.1415.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: S1=1.135.
TP4: S2=1.13.
Set the stoploss of these orders at breakout of R2=1.143.
Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of R2=1.143.
In this situation, there is an expectation to reach the target R3=1.15.
Set the stoploss of reverse orders at breakout of R1=1.1415.
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!
EURUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.144.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=1.15.
TP4: R2=1.155.
Set the stoploss of these orders at breakout of S2=1.1425.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=1.1425.
In this situation, there is an expectation to reach the target S3=1.1355.
Set the stoploss of reverse orders at breakout of S1=1.144.
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!
ALL OF OUR INTRADAY FORECASTS ARE VALID FOR 24 HOURS FROM RELEASE TIME.
There is a possibility for the beginning of an uptrend in EURUSDMidterm forecast:
There is no trend in the market and the price is in a range bound, but we forecast an uptrend wave above 1.1300 would begin in Midterm.
Trade Setup:
We opened 8 BUY trade(s) @ 1.1677 (day close price) based on 'Vale & Two-day reversal candle' at 2018.08.27 signaled by DTO.
Total Profit: 40 pip
Closed trade(s): 0 pip Profit
Open trade(s): 40 pip Profit
Open Profit:
Profit for one trade is 1.1682(current price) - 1.1677(open price) = 5 pip
8 trade(s) still open, therefore total profit for open trade(s) is 5 x 8 = 40 pip
Technical analysis:
There is a divergence in RSI and price between the trough at 1.15095 on 2018-05-29 and the trough at 1.13005 on 2018-08-15, the probability of downtrend continuation is decreased and the probability of beginning of uptrend is increased.
The RSI downtrend #1 is broken, so the probability of beginning of uptrend is increased.
While the RSI support #2 at 46 is not broken, the probability of price decrease would be too low.
A trough is formed in daily chart at 1.1525 on 09/10/2018, so more gains to resistance(s) 1.1740, 1.1840, 1.1925 and more heights is expected.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index (RSI) is 55.
Take Profits:
TP1 = @1.1740
TP2 = @1.1840
TP3 = @1.1925
TP4 = @1.1995
TP5 = @1.2075
TP6 = @1.2205
TP7 = @1.2555
TP8 = Free