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Intraday forecastEuro vs. Japanese Yen technical chart
SymbolEURJPY
Release TimeMon, 05/20/2019 - 11:06
Advisesell (limit) below R1=122.95
Intraday
Short term
Yesterday range72
Yesterday high122.99
Yesterday low122.27
Yesterday close122.77
R3124
R2123.15
R1122.95
S1122.35
S2122.05
S3121.65
Trade setup

As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=122.95.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: S1=122.35.
TP4: S2=122.05.
Set the stoploss of these orders at breakout of R2=123.15.

Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of R2=123.15.
In this situation, there is an expectation to reach the target R3=124.
Set the stoploss of reverse orders at breakout of R1=122.95.

Latest forecasts
Release Time Symbol Intraday R S
Wed, Dec 4 2019, 21:03 EURJPY Subscribe! Subscribers Only Subscribers Only
Tue, Dec 3 2019, 20:50 EURJPY Subscribe! Subscribers Only Subscribers Only
Mon, Dec 2 2019, 20:02 EURJPY Subscribe! Subscribers Only Subscribers Only
Mon, Dec 2 2019, 13:02 EURJPY Subscribe! Subscribers Only Subscribers Only
Thu, Nov 28 2019, 20:02 EURJPY free 121.45
121.2
120.95
120.35
120.25
119.5