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Intraday forecastEuro vs. US Dollar technical chart
SymbolEURUSD
Release TimeThu, 08/09/2018 - 19:32
Advisesell (limit) below R1=1.1565
Intraday
Short term
Yesterday range55
Yesterday high1.1628
Yesterday low1.1573
Yesterday close1.1609
R31.165
R21.158
R11.1565
S11.1525
S21.151
S31.1465
Trade setup

As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1.1565.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: S1=1.1525.
TP4: S2=1.151.
Set the stoploss of these orders at breakout of R2=1.158.

Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of R2=1.158.
In this situation, there is an expectation to reach the target R3=1.165.
Set the stoploss of reverse orders at breakout of R1=1.1565.

Latest forecasts
Release Time Symbol Intraday R S
Tuesday 19:49 EURUSD Subscribe! Subscribers Only Subscribers Only
Monday 20:14 EURUSD Subscribe! Subscribers Only Subscribers Only
Monday 09:18 EURUSD free 1.151
1.144
1.1425
1.1365
1.134
1.13
Thursday 19:32 EURUSD Subscribe! Subscribers Only Subscribers Only
Wednesday 19:47 EURUSD Subscribe! Subscribers Only Subscribers Only