EUR/USD today's daily forecast 04/26/12
26 April 2012
Today's daily forecast
The pair is trading along an uptrend.
The uptrend may be expected to continue while pair is trading above support level 1.3215, which will be followed by reaching resistance level 1.3300 and then to 1.3345.
An downtrend will start as soon as the pair drops below support level 1.3215, which will be followed by moving down to support level 1.3150.
Resistances:1.3300, 1.3345
Supports: 1.3230, 1.3115, 1.3150, 1.3115
Forecast weekly, April 23 - 27
The uptrend may be expected to continue while pair is trading above support level 1.3215, which will be followed by reaching resistance level 1.3300 and then to 1.3345.
An downtrend will start as soon as the pair drops below support level 1.3215, which will be followed by moving down to support level 1.3150.
Resistances:1.3300, 1.3345
Supports: 1.3230, 1.3115, 1.3150, 1.3115
Forecast weekly, April 23 - 27
The pair is trading along an uptrend.
The uptrend may be expected while pair is trading above support level 1.3115 - 1.3070, which will be followed by reaching resistance level 1.3230 and then 1.3345.
An downtrend will start as soon as the pair drops below support level 1.3070, which will be followed by moving down to support level 1.2950 and if it keeps on moving down below that level, we may expect the pair to reach support level 1.2800.
Resistances: 1.3185, 1.3230, 1.3300, 1.3345
Supports: 1.3115, 1.3070, 1.2950, 1.2800
Forecast monthly, March and April
The uptrend may be expected while pair is trading above support level 1.3115 - 1.3070, which will be followed by reaching resistance level 1.3230 and then 1.3345.
An downtrend will start as soon as the pair drops below support level 1.3070, which will be followed by moving down to support level 1.2950 and if it keeps on moving down below that level, we may expect the pair to reach support level 1.2800.
Resistances: 1.3185, 1.3230, 1.3300, 1.3345
Supports: 1.3115, 1.3070, 1.2950, 1.2800
Forecast monthly, March and April
The pair is trading along an downtrend, that started from the level 1.3345.
The uptrend may be expected to continue in case the market rises above resistance level 1.3345, which will be followed by reaching resistance level 1.3860.
The downtrend may be expected to continue while pair is trading lowe then accumulation of resistance levels 1.3230 - 1.3345, which will be followed by reaching support level 1.2950 (with potential for correction on resistance level 1.3230 - 1.3345 with continuation of downtrend from thislevels) and if it keeps on moving down below that level (1.2950), we may expect the pair to reach support level 1.2680.
Resistances: 1.3230, 1.3345, 1.3860
Supports: 1.2950, 1.2680
Forecast Quarterly: September, October - December
The uptrend may be expected to continue in case the market rises above resistance level 1.3345, which will be followed by reaching resistance level 1.3860.
The downtrend may be expected to continue while pair is trading lowe then accumulation of resistance levels 1.3230 - 1.3345, which will be followed by reaching support level 1.2950 (with potential for correction on resistance level 1.3230 - 1.3345 with continuation of downtrend from thislevels) and if it keeps on moving down below that level (1.2950), we may expect the pair to reach support level 1.2680.
Resistances: 1.3230, 1.3345, 1.3860
Supports: 1.2950, 1.2680
Forecast Quarterly: September, October - December
The pair is trading along an downtrend.
The downtrend may be expected to continue in case the market drops below support level 1.3485, which will be followed by reaching support level 1.3110 and if it keeps on moving down below that level, we may expect the pair to reach support level 1.2690 and then 1.2200.
An uptrend will start as soon as the pair rises above resistance level 1.3975 and also then 1.4400, which will be followed by moving up to resistance level 1.4805 and then to 1.5550.
Resistances: 1.3975, 1.4400, 1.4805, 1.5550
Supports: 1.3485, 1.3110, 1.2690, 1.2200
The downtrend may be expected to continue in case the market drops below support level 1.3485, which will be followed by reaching support level 1.3110 and if it keeps on moving down below that level, we may expect the pair to reach support level 1.2690 and then 1.2200.
An uptrend will start as soon as the pair rises above resistance level 1.3975 and also then 1.4400, which will be followed by moving up to resistance level 1.4805 and then to 1.5550.
Resistances: 1.3975, 1.4400, 1.4805, 1.5550
Supports: 1.3485, 1.3110, 1.2690, 1.2200
