eur usd daily forecast
eur/usd currency pair trading at 1.3012 with gains for today.today euro dollar pair made low at 1.2983 while high was 1.3024 and trading near it.on daily chart euro still downtrend only momentum showing some retracement on account of technical bounce back.on upside 1.3020 is weekly average resistance above that 1.3125 is monthly average and target if bounce back continues.rsi off the low and formed rounding bottom while macd still bearish.
gbp usd daily forecast
gbp/usd currency pair trading at 1.4898 with loss.today pound dollar pair made high at 1.4945 while low was 1.4843.still bearish and heading towards oversold zone on daily chart.
for tomorrow outlook remain negative below 1.4950 only which is weekly average.if cross 1.4950 short must book profits as we expect technical bounce back rally here.on downside 1.4800 to 1.4650 are supports as well targets if continues downtrend.
usd jpy daily forecast
usd/jpy currency pair trading at 96.14 with loss and flat.today dollar yen pair stuck in very narrow range and suggesting consolidation after fresh breakout.today usd/jpy pair made high at 96.24 while low was 95.96.here trend and momentum strong bullish but support is way down at 95.48 while on upside expect targets at 96.8 to 97.2 as revised intraday target.
on daily chart indicators,still bullish and holding demand momentum for dollar.
usd chf daily forecast
usd/chf currency pair trading at 0.9498 with loss.today dollar franc pair made high at 0.9525 while low was 0.9488.here also picture is same after fresh breakout usdchf now correcting and trading near weekly average of 0.9485.below that next support is at 0.9380 which is monthly average.
for tomorrow above 0.9480 stay long and expect 0.9540 to 0.9560 as upside revised targets for intraday.
usd cad daily forecast
usd/cad currency pair trading at 1.0264 with loss.today us dollar vs Canadian dollar pair made high at 1.0294 while low was 1.0263 and trading at lows.on daily chart this is 4 session of weakness for us dollar.for tomorrow below 1.290 stay short and expect corrective rally upto 1.0210 to 1.0180.
on indicators,usd/cad macd is topped out while rsi is forming bearish divergence on account of correction.
usd sek daily forecast
usd/sek currency pair trading at 6.4018 with loss.here also todays move is range bound and today we seen high at 6.4121 while low was 6.3955.on daily chart still trading below 3 month average and continues short term downtrend.
for tomorrow outlook remain bearish and below 3 month average of 6.44 traders can hold intraday as well as short term shorts and expect 6.38 and 6.33 as downside targets.
on daily chart macd is above zero with bullish crossover while rsi moving with 50 mark.