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Dear Subscribers,
We would like to inform you that, the UK's Conservative Party leadership election on 23.07.2019, will be significantly important and may trigger abnormal market conditions, including but not limited to:
  • Extreme market volatility
  • Thin market liquidity
  • Abnormal spreads
  • Price gaps
  • Slippage on executed orders
Please note that there is strong possibility of increased volatility on the day of the announcement which is very likely to affect GBP instruments.
We strongly recommend that you take the above risks into consideration when planning your trading strategy, and ensure that you have sufficient funds in your account to cover your open positions.
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Intraday forecastEuro vs. US Dollar technical chart
SymbolEURUSD
Release TimeThu, 07/11/2019 - 19:37
Advisebuy (limit) above S1=1.123
Intraday
Short term
Yesterday range62
Yesterday high1.1264
Yesterday low1.1202
Yesterday close1.125
R31.1345
R21.1305
R11.128
S11.123
S21.121
S31.1135
Trade setup

As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.123.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=1.128.
TP4: R2=1.1305.
Set the stoploss of these orders at breakout of S2=1.121.

Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=1.121.
In this situation, there is an expectation to reach the target S3=1.1135.
Set the stoploss of reverse orders at breakout of S1=1.123.

Latest forecasts
Release Time Symbol Intraday R S
Tue, Jul 23 2019, 20:30 EURUSD new Subscribe! Subscribers Only Subscribers Only
Mon, Jul 22 2019, 19:51 EURUSD Subscribe! Subscribers Only Subscribers Only
Mon, Jul 22 2019, 11:15 EURUSD Subscribe! Subscribers Only Subscribers Only
Thu, Jul 18 2019, 19:46 EURUSD Subscribe! Subscribers Only Subscribers Only
Wed, Jul 17 2019, 20:17 EURUSD free 1.1315
1.1285
1.1255
1.1205
1.1195
1.113