eur usd daily forecast
eur/usd currency pair currently trading at 1.3032 with loss.today euro dollar pair made high at 1.3075 while low was 1.3015.after last 2 days gain euro now losing strength and may continue downtrend so below 1.3090 traders must hold short positions and expect 1.2960 to 1.2900 levels on downside.on chart 1.3050 is weekly average and significant resistance level.on indicators side,eur/usd daily macd and rsi still bearish and holding momentum.
gbp usd daily forecast
gbp/usd currency pair trading at 1.5124 with loss.today pound dollar pair made high at 1.5198 while low was 1.5106 and trading near low.on chart consolidating but today bearish move may resume downtrend and may sow lower levels.indicators are still with bearish divergences but only rsi is off the lows.for tomorrow below 1.5200 hold shorts and expect 1.5050 to 1.4980 level in next session.currently gbp/usd trading just above weekly average.
usd jpy daily forecast
usd/jpy currency pair trading at 93.32 with loss.this is 3 rd session of weakness in dollar against yen with very small moves suggesting consolidation and changing hands.here dollar yen trend and momentum still strong and any time trigger long side so above 93 hold longs.above 93 expect 94.1 and 94.8 as targets.usd/jpy daily rsi still strong and after this consolidating cooling off and may start fresh run in upcoming time.
usd chf daily forecast
usd/chf currency pair trading at 0.9421 with gains.today dollar franc pair made low near 0.9393 while high was 0.9427 and trading near highs.for tomorrow outlook is positive as after consolidation once again us dollar picked momentum and inching higher.for tomorrow expect 0.9480 to 0.9520 as targets while on downside 0.9390 is support as well as stoploss.all major indicators still strong bullish.
usd cad daily forecast
usd/cad currency pair trading at 1.0286 with gains.today we seen low near 1.0255 while high was 1.0289 and trading at it.technically us dollar still strong bullish and now this is fresh reversal on chart and may show 100-150 pips bull run on higher side.rsi also after cooling off coming strong towards 75.for tomorrow stay long with stoploss of 1.0260 and expect 1.0330 to 1.0365 as next major targets.
usd sek daily forecast
usd/sek currency pair trading at 6.3888 with loss.today we seen heavy volatility and large downside move here.today dollar krona pair made high at 6.4208 while low was 6.3711.here usd/sek given reversal from 3 month average of 6.45 and that was fresh sell signal now expect 6.32 to 6.30 levels in next 1-2 session.here Swedish krona still holding strength against us dollar.