EURUSD Elliott Wave + Trading Signals for Day Traders
As per this chart, EUR/USD starts marching for B (1.1426 level).
Next move (C): 1.1370 level.
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FOREX FORECAST: EURUSD AND GBPUSD INDEX
OUR PREFERENCE
Position Below 1.29248 with targets 1.28681 – 1.27943 – 1.27136 in extension.
ALTERNATIVE SCENARIO
Above 1.29248 look for further upside with 1.29841 – 1.30234 as targets.
OUR PREFERENCE
Position Below 1.13790 with targets 1.13402 – 1.12946 – 1.11758 in extension.
ALTERNATIVE SCENARIO
Above 1.13790 look for further upside with 1.14333 – 1.14693 – 1.15164 as targets.
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TRADING OUTLOOK AND UPDATE : EURUSD, USDJPY and USDCAD
OUR PREFERENCE
Position Above 1.28991 with targets 1.31733 – 1.32595 – 1.33381 in extension.
ALTERNATIVE SCENARIO
Below 1.28991 look for further downside with 1.28104 – 1.27378 as targets.
Have you missed the exact level for EURUSD and USDJPY? Click here for previous report.
What is next For EURUSD and USDJPY?
A buyer could enter between 1.15295 – 1.15127 levels?
OUR PREFERENCE
Position Above the buyer zone with targets 1.16040 – 1.16502 in extension.
ALTERNATIVE SCENARIO
Below the buyer zone, look for further downside with 1.14731 – 1.14360 – 1.14062 as targets.
Note:
EURUSD index may strongly support found at 1.15127 level.
EURUSD : Chart for smart traders, we will provide you Entry level on the application.
USDJPY : Follow Chart, Next target 113.010 level.
OUR PREFERENCE
Position Above 110.998 with targets 111.204 – 111.304 – 111.548 – 111.689 in extension.
ALTERNATIVE SCENARIO
Below 110.998 look for further downside with 110.898 – 110.792 – 109.759 as targets.
EURUSD AND USDJPY ALL TARGETS HAS BEEN ACHIEVED.
UPDATE: EURUSD Trading Report
What had I written about EURUSD in our previous report? Click here.
A buyer could enter between 1.15295 – 1.15127 levels?
OUR PREFERENCE
Position Above the buyer zone with targets 1.16040 – 1.16502 in extension.
ALTERNATIVE SCENARIO
Below the buyer zone look for further downside with 1.14731 – 1.14360 – 1.14062 as targets.
Note:
EURUSD index may strongly support found at 1.15127 level.
EURUSD first target has been achieved 1.16040 after took the support of buyer zone.
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FOREX FORECAST: EURUSD, USDINR, GBPUSD
A buyer could enter between 1.15295 – 1.15127 levels?
OUR PREFERENCE
Position Above the buyer zone with targets 1.16040 – 1.16502 in extension.
ALTERNATIVE SCENARIO
Below the buyer zone look for further downside with 1.14731 – 1.14360 – 1.14062 as targets.
Note:
EURUSD index may strongly support found at 1.15127 level.
USDINR : Risk on continuation?
USDINR will see risk on continuation.
Not a perfect time to sell USDINR; wait for the exact level.
OUR PREFERENCE
Position Above 110.998 with targets 111.204 – 111.304 – 111.548 – 111.689 in extension.
ALTERNATIVE SCENARIO
Below 110.998 look for further downside with 110.898 – 110.792 – 109.759 as targets.
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