eur usd daily forecast
euro dollar currency pair trading at 1.3008 with loss for today.today euro trading in very narrow range against dollar may be signaling technical bounce back rally here.today eur/usd pair made high at 1.3028 while low was 1.2981.for tomorrow we expecting technical bounce back rally upto 1.3065 to 1.3090 so buy in th zone of 1.2960 to 1.2990 with stoploss.on daily chart trend and momentum still bearish but all the signs are developing for bounce back rally on short coverings.
gbp usd daily forecast
pound dollar currency pair trading at 1.5065 with gains.today pound made low at 1.4999 while high was 1.5070 and here technical bounce back rally already started.n upside 1.5085 is weekly average and first major resistance while above that next major resistance is way above at 1.5320.for tomorrow traders must stay long with stoploss and expect 1.5100-1.5180 as bounce back rally targets.
usd jpy daily forecast
dollar yen currency pair trading at 93.35 with loss.on daily chart after reversal rally now dollar once again consolidating against yen.here trend and momentum still strong bullish and expect 94.55 to 94.9 as targets on upside while 92.8 is support and stoploss.on indicators side macd look bearish but rsi still holding 50 mark so stay long with stoploss.
usd chf daily forecast
dollar-franc currency pair trading at 0.9416 with loss.here also after breakout rally consolidation is going on and may be some some also expected here.today usd/chf pair made high at 0.9440 while low was 0.9412 and trading at it.on downside 0.9390 is weekly average support and then 0.9295 is monthly average support.
usd cad daily forecast
us dollar-Canadian dollar currency pair trading at 1.0283 with gains.today usd/cad pair made high at 1.309 while low was 1.0270.on daily chart going through consolidation but trend and momentum still strongly in favor of us dollar.here above 1.0260 hold longs and expect 1.0320 to 1.0348 as target levels.all major indicators still strong bullish and heading towards overbought zones.
usd sek daily forecast
dollar krona currency pair trading at 6.4315 with loss.here usd/sek pair is near 3 month average resistance of 6.4530 and below that may showing reversal signs so stay short with stoploss of 6.4380 and expect 6.40 to 6.39 as target levels in next 1-2 sessions.on indicators side macd tuned positive with bullish divergence and rsi holding 50 mark.