Visitors Now:
Total Visits:
Total Stories:
Profile image
By FX Instructor (Reporter)
Contributor profile | More stories
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

EURUSD Daily Forecast: October 21

Thursday, October 20, 2016 15:33
% of readers think this story is Fact. Add your two cents.

(Before It's News)

EURUSD Forecast    
The EURUSD attempted to push higher yesterday topped at 1.1039 but whipsawed to the downside and hit 1.0915. The bias is bearish in nearest term especially if price able to make a clear break below 1.0910 key support testing 1.0825 area. As you can see on my H4 chart below price is still inside my “buy zone” with tight stop loss below 1.0910. Immediate resistance is seen around 1.0970. A clear break above that area could lead price to neutral zone in nearest term testing 1.1000 – 1.1050 region. Overall I remain neutral.

eurusdh4

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.