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Intraday forecast technical chart
SymbolEURUSD
Release TimeWed, 12/06/2017 - 19:31
Advisesell (limit) below R1=1.183
Intraday
Short term
Yesterday range76
Yesterday high1.1876
Yesterday low1.1801
Yesterday close1.1826
R31.1925
R21.185
R11.183
S11.1775
S21.1755
S31.1715
Trade setup

As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1.183.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: S1=1.1775.
TP4: S2=1.1755.
Set the stoploss of these orders at breakout of R2=1.185.

Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of R2=1.185.
In this situation, there is an expectation to reach the target R3=1.1925.
Set the stoploss of reverse orders at breakout of R1=1.183.

Latest forecasts
Release Time Symbol Intraday Short R S
Tuesday, December 12, 2017 - 19:47 EURUSD Subscribers Only Subscribers Only
Subscribers Only
Subscribers Only
Subscribers Only
Subscribers Only
Subscribers Only
Monday, December 11, 2017 - 19:39 EURUSD 1.188
1.184
1.181
1.176
1.173
1.1645
Monday, December 11, 2017 - 09:11 EURUSD 1.1845
1.182
1.1805
1.176
1.173
1.1645
Thursday, December 7, 2017 - 19:47 EURUSD 1.19
1.183
1.1815
1.1755
1.1715
1.1615
Wednesday, December 6, 2017 - 19:31 EURUSD 1.1925
1.185
1.183
1.1775
1.1755
1.1715