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Intraday forecastEuro vs. Japanese Yen technical chart
SymbolEURJPY
Release TimeThu, 01/10/2019 - 20:41
Advisebuy (limit) above S1=124.15
Intraday
Short term
Yesterday range75
Yesterday high125.09
Yesterday low124.34
Yesterday close124.81
R3125.8
R2125.2
R1124.9
S1124.15
S2124
S3123.15
Trade setup

As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=124.15.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=124.9.
TP4: R2=125.2.
Set the stoploss of these orders at breakout of S2=124.

Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=124.
In this situation, there is an expectation to reach the target S3=123.15.
Set the stoploss of reverse orders at breakout of S1=124.15.

Latest forecasts
Release Time Symbol Intraday R S
Thu, Jun 13 2019, 21:46 EURJPY Subscribe! Subscribers Only Subscribers Only
Wed, Jun 12 2019, 20:47 EURJPY Subscribe! Subscribers Only Subscribers Only
Tue, Jun 11 2019, 22:01 EURJPY Subscribe! Subscribers Only Subscribers Only
Mon, Jun 10 2019, 21:50 EURJPY free 123.65
123.3
123
122.4
122.2
121.35
Wed, Jun 5 2019, 22:51 EURJPY Subscribe! Subscribers Only Subscribers Only