eur usd daily forecast
eur usd currency pair today trading at 1.3424 with gains.on daily chart this is 3rd session of gains for euro.now trading near weekly/monthly averages and showing some residence.for tomorrow outlook remain bullish and 1.3360 is major bottom and tem support while on upside traders can expect 1.3515 to 1.3652 as targets.
eur usd daily rsi still holding 50 levels and showing some resilience and that is good sign for euro on technical basis.
gbp usd daily forecast
gbp usd currency pair trading at 1.5595 with loss.on daily chart we seen reversal in pound from monthly average and now trading below weekly average and in absolute downtrend from very short term.traders below 1.5670 stay short and follow sell on rise strategy and expect 1.55 to 1.54 levels soon.
gbp usd daily rsi given fresh sell signal at 1.5795 and now it started to given handsome return.last major bottom was 1.5340 and rally has potential to touch that levels.
usd jpy daily forecast
usd jpy currency pair on daily chart trading at 93.6 with loss.today we seen highs of 94.4 while low was 93.26.usdjpy pair slowly inching up now with some gains and some consolidation.trend and momentum strong bullish as yen continues to tumble down.for tomorrow above 93.3 traders stay long for targets of 94 to 95.
in medium term above 93 we may see 98-99 as target levels.
usd chf daily forecast
usd chf currency pair trading at 0.9181 with loss for today.today usdchf made highs of 0.9214 and low was 0.9151.now trading just below 3 month average with negative momentum suggesting reversal pattern.for tomorrow traders stay short with stoploss of 0.9235 and expect 0.9095 to 0.9050 as target levels.dollar losing momentum on some hopium environment!!
usd cad daily forecast
usd cad pair trading at 1.0037 with loss for today.here us dollar showing weak momentum and on account of that we may see correction.usdcad is in absolute uptrend and momentum showing some consolidation.we seen today highs of 1.0086 and achieved our given weekly target while low was 1.0034.
on correction on profit booking is us dollar may show us 0.9995 as corrective target on downside.
usd sek daily forecast
usd sek currency pair trading at 6.3780 with loss.today we seen highs near 6.4107 while low was 6.3693.this is second day of weakness and Swedish krona once gain strong against dollar on profit booking in dollar index.below 6.4440 stay short and expect 6.3650 and then 6.3050 as targets.usdsek daily rsi also turn down from 50 level and given fresh sell signal.