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Intraday forecastEuro / US Dollar technical chart
SymbolEURUSD
Release TimeMay 3, 2021 - 19:41
Advisesell (limit) below R1=1.208
Intraday
Short term
Yesterday range110
Yesterday high1.2127
Yesterday low1.2017
Yesterday close1.2021
R31.2175
R21.21
R11.208
S11.2015
S21.1995
S31.1945
Trade setup

As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1.208.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: S1=1.2015.
TP4: S2=1.1995.
Set the stoploss of these orders at breakout of R2=1.21.

Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of R2=1.21.
In this situation, there is an expectation to reach the target R3=1.2175.
Set the stoploss of reverse orders at breakout of R1=1.208.

Latest forecasts
Release Time Symbol Intraday R S
Thu, May 6 2021, 20:35 EURUSD Subscribe! Subscribers Only Subscribers Only
Wed, May 5 2021, 19:40 EURUSD Subscribe! Subscribers Only Subscribers Only
Tue, May 4 2021, 19:47 EURUSD free 1.2125
1.2055
1.204
1.1995
1.1945
1.1875
Mon, May 3 2021, 19:41 EURUSD Subscribe! Subscribers Only Subscribers Only
Fri, Apr 30 2021, 22:45 EURUSD free 1.215
1.2075
1.2055
1.1995
1.195
1.192