24 May 2019 Long EUR/USD @1.11896 StopLoss 20 Pips @1.11696 TakeProfit 20 Pips @1.12096
The euro is gaining traction above the 1.1190 level against the US dollar as the pair continues to benefit from weakness in the greenback. EURUSD bulls are now testing the pairs 200-period moving average on the four-hour time frame, with the 1.1235 level the next key resistance area to watch above. A sustained move above the 1.1265 level will likely trigger heavy...
The euro currency has reversed direction against the US dollar, following much weaker than expected economic data from the United States economy on Thursday. The EURUSD pair has an intraday bullish bias while trading above the 1.1190 level and would only perform a key technical breakout above the 1.1265 level. Sentiment remains mixed ahead of the EU election...
As 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...
23 May 2019 Short EUR/USD @1.11422 StopLoss 20 Pips @1.11622 TakeProfit 20 Pips @1.11222
Risk: - 34 pips Profit: -34 pips Profit/Risk Ratio: -100% Theoric Probability: > 70% Actual Probability: + 88,57% Total Gain: + 595,60 pips
17 May 2019 Long EUR/USD @1.1176 StopLoss 20 Pips @1.1156 TakeProfit 20 Pips @1.1196
The euro currency has fallen to a fresh weekly trading low against the US dollar after yet another technical failure above the 1.1200 resistance level. If EURUSD sellers can hold price the 1.1165 level the pair is likely to weaken towards the 1.1130 support level. Buyers will need to move price above the 1.1216 resistance level in order to change the bearish...
16 May 2019 Long EUR/USD @1.12092 StopLoss 20 Pips @1.11892 TakeProfit 20 Pips @1.12292
Risk: - 31 pips Gain: + 1 pip Gain/Risk Ratio: +3,2% Theoric probability > 70% Actual Probability: + 91,17% Total Gain: + 629,60 pips
15 May 2019 Short EUR/USD @1.12084 StopLoss 20 Pips @1.12284 TakeProfit 20 Pips @1.11884
The euro is testing towards the 1.1200 level against the US dollar after bulls once again failed to break above the pairs former weekly trading high. The overall sentiment towards the EURUSD pair is intraday bearish while trading below the 1.1216 level. Buyers need to stabilize the EURUSD pair above the 1.1230 resistance level to encourage the next wave of strong...
Risk: - 14 pips Gain: + 1 pip Gain/Risk Ratio: +7,1% Theoric probability: > 70% Actual probability: + 90, 91% Guadagno cumulato: + 628,60 pips
13 May 2019 Long EUR/USD @1.12293 StopLoss 20 Pips @1.12093 TakeProfit 20 Pips @1.12493
The euro has opened the new trading week with a bullish bias against the US dollar after the pair closed the former trading week well above the 1.1200 level. If EURUSD buyers can move price above the 1.1264 level the 1.1290 level is then key breakout technical resistance. If sellers can move price under the 1.1216 level the EURUSD pair may start to come under...
As 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...