EURUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.1185.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=1.122.
TP4: R2=1.124.
Set the stoploss of these orders at breakout of S2=1.116.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=1.116.
In this situation, there is an expectation to reach the target S3=1.108.
Set the stoploss of reverse orders at breakout of S1=1.1185.
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!
Euro
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=1.1195.
Set the stoploss of these orders at breakout of S2=1.1105.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=1.1105.
In this situation, there is an expectation to reach the target S3=1.103.
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!
EURUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.107.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=1.1105.
TP4: R2=1.1125.
Set the stoploss of these orders at breakout of S2=1.106.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=1.106.
In this situation, there is an expectation to reach the target S3=1.0995.
Set the stoploss of reverse orders at breakout of S1=1.107.
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!
EURJPY Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=121.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=121.5.
TP4: R2=121.7.
Set the stoploss of these orders at breakout of S2=120.75.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=120.75.
In this situation, there is an expectation to reach the target S3=119.85.
Set the stoploss of reverse orders at breakout of S1=121.
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!
EURJPY Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=121.45.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=122.05.
TP4: R2=122.25.
Set the stoploss of these orders at breakout of S2=121.3.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=121.3.
In this situation, there is an expectation to reach the target S3=120.5.
Set the stoploss of reverse orders at breakout of S1=121.45.
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 sell opportunity in EURCADTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.4615). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURCAD 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 40.
Take Profits:
TP1= @ 1.4533
TP2= @ 1.4438
TP3= @ 1.4050
SL: Break Above R2
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!
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.
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.
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.
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.
EURJPY Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=120.35.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=120.95.
TP4: R2=121.2.
Set the stoploss of these orders at breakout of S2=120.25.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=120.25.
In this situation, there is an expectation to reach the target S3=119.5.
Set the stoploss of reverse orders at breakout of S1=120.35.
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 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.
EURJPY Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=119.8.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=120.5.
TP4: R2=120.7.
Set the stoploss of these orders at breakout of S2=119.7.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=119.7.
In this situation, there is an expectation to reach the target S3=118.95.
Set the stoploss of reverse orders at breakout of S1=119.8.
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 1.1045 keyThe euro currency has moved away from the psychological 1.1000 level against the US dollar, placing the emphasis on the 1.1045 technical region. Going forward, a sustained move above the 1.1060 level would confirm that a second important technical bottom is now in place. The 1.1180 level remains the overall upside objective for the EURUSD pair over the medium-term horizon.
• The EURUSD pair is only bullish while trading above the 1.1046 level, key resistance is found at the 1.1060 and 1.1100 levels.
• The EURUSD pair is only bearish while trading below the 1.1045 level, key support is found at the 1.1020 and 1.1000 levels.
EURUSD awaiting reversalThe euro is under downside pressure against the US dollar on Monday, following an extended pullback towards the 1.1020 support level last Friday. EURUSD bulls need to quickly reverse the pair above the 1.1070 level in order to establish a bullish higher low. Overall, the US dollar index is now trading at a critical juncture and will decide the fate of the EURUSD pair this week.
• The EURUSD pair is only bullish while trading above the 1.1070 level, key resistance is found at the 1.1100 and 1.1180 levels.
• The EURUSD pair is only bearish while trading below the 1.1070 level, key support is found at the 1.1020 and 1.0980 levels.
EURUSD dip rewardThe euro currency has pulled back from just below the 1.1100 resistance level against the US dollar, creating another buying opportunity for EURUSD bulls. EURUSD dip-buyers may look to buy a technical pullback around the 1.1045 to 1.1030 technical region. Going forward, daily price closes above the 1.1070 level should be considered the next strong buying signal for the EURUSD pair.
• The EURUSD pair is only bullish while trading above the 1.1070 level, key resistance is found at the 1.1100 and 1.1130 levels.
• The EURUSD pair is only bearish while trading below the 1.1070 level, key support is found at the 1.1045 and 1.1020 levels.
EURJPY Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=120.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=120.45.
TP4: R2=120.65.
Set the stoploss of these orders at breakout of S2=119.9.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=119.9.
In this situation, there is an expectation to reach the target S3=119.15.
Set the stoploss of reverse orders at breakout of S1=120.
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!