eur usd daily forecast
eur/usd currency pair trading at 1.3065 with loss.today euro dollar pair made low at 1.3017 wile high was 1.3122.this is 6 th losing trading session for euro and look like showing early signs of technical bounce back.so one can go long near 1.30 with stoploss and expect 1.31 to 1.3180 as technical bounce back targets.eurusd indicators still with bearish divergences but rsi showing some resilient signals.
gbp usd daily forecast
gbp/usd currency pair trading at 1.5143 with loss.today pound dollar pair made high at 1.5218 while low was 1.5128.on chart trend and momentum is still bearish for pound but sowing signs of technical bounce back so traders can buy near 1.5085 with stoploss of 1.5050 and expect 1.5200+ levels in next 1-2 sessions.gbpusd daily rsi is off the low and that is reason to buy here but with strict stoploss.
usd jpy daily forecast
usd/jpy currency pair trading at 91.75 with loss.today dollar yen pair made high at 92.74 while low was 91.39.now here on chart top is formed at 93.75 and remain important on weekly closing basis only.on downside now usdjpy pair trading below monthly average and heading towards 89.85 which is support of 3 month average.
macd already suggested that correction is coming and topped out around 93.5 to 94.while rsi today hit fresh sell signal.
usd chf daily forecast
usd/chf currency pair trading at 0.9326 with gains.after long side breakout usdchf holding gaining and still look strong on strong dollar index.today usdchf pair made low of 0.9286 while high was 0.9334.on upside 0.9370 is last major top if close above it and hold for 2 session then usd/chf definitely heading for 0.96 to 0.97 levels.on downside 0.9245 is major support and stoploss for all longs.
usd cad daily forecast
usd/cad currency pair trading 1.0282 with gains and continues bull run on strong us dollar.today usdcad pair made low at 1.0240 while high was 1.0302.this is 10 th straight gaining session for this pair on daily chart which support short term bull market!!now here traders must trail profit with stoploss of 1.0200 and on upside expect 1.0320 to 1.0380 levels.
usd sek daily forecast
usd/sek currency pair trading at 6.4753 with gains.today here we seen highs near 6.4859 while low was 6.4507.after breakout showing signs of pull back so go long on correction with stoploss just below 6.4540 and expect upside targets of 6.5225+ in next 1-2 sessions.