Forex forecast on April 26 for EURUSD, GBPUSD, USDCAD, USDJPY

Forecasts by Justforex

The previous forecast turned out to be quite accurate. At the moment, the technical pattern on EUR/USD is ambiguous. We recommend opening positions from key levels. We also do not exclude the further growth of the EUR/USD quotations. If the price overcomes the 1.09500 mark, we recommend you to look for entry points to the market in order to open long positions. The target level of movement is…
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Forex forecast on April 25 for EUR/USD, GBP/USD, USD/CAD, USD/JPY

Forecasts by Justforex

In the Asian trading session, the EUR/USD currency pair retained the local demand zone 1.08350-1.08600. The bullish sentiment prevails on the market. We are waiting for statistics from the USA. We still expect EUR/USD to grow. We recommend considering purchases to around 1.09250-1.09500. When tracking a position, it is better to use a trailing stop.
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Forex forecast on April 24 for EURUSD, GBPUSD, USDCAD, USDJPY

Forecasts by Justforex

There is a significant increase in demand for the euro. The EUR/USD currency pair opened with a gap up (more than 150 points). The key trading range is 1.08350-1.09150. If the EUR/USD quotes consolidate above the 1.08800 mark, we recommend you to look for entry points to open long positions. The nearest target for fixing profits is 1.09150 – 1.09250.
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Forex forecast on April 21 for EUR/USD, GBP/USD, USD/CAD, USD/JPY

Forecasts by Justforex

Despite the weak statistics from the US, the US currency rose against the euro in the afternoon. At the moment, the key trading range is 1.07000-1.07350. We are waiting for data on business activity in the EU. Our past expectations have been confirmed. If the statistics from the EU are positive, the EUR/USD quotations may rise to the level of 1.07700. An alternative may be a correction to the support level of…
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Forex forecast on April 20 for EURUSD, GBPUSD, USDCAD, USDJPY

Forecasts by Justforex

At the moment the EUR/USD quotes have overcome local resistance 1.07350. The attention is focused on the first round of the presidential elections in France, which will be held on April 23. We expect a bullish sentiment on the EUR/USD currency pair. We recommend looking for entry points to the market to long positions. The movement is tending potentially to…
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Forex forecast on April 19 for EURUSD, GBPUSD, USDCAD, USDJPY

Forecasts by Justforex

Yesterday, the US dollar weakened against the world currencies. This is due to the publication of a rather weak statistics on the US real estate market and a fall in the yield of government bonds. The single currency added more than 90 points. If the statistics on the EU economy is weak, a correction to the 1.06850 mark may develop on the EUR/USD currency pair.
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Forex forecast on April 18 for EURUSD, GBPUSD, USDCAD, USDJPY

Forecasts by Justforex

Yesterday, purchases prevailed on EUR/USD. At the moment, the currency is already testing a “mirror” support level of 1.06400. The news background on the EU economy is calm today. We are waiting for statistics from the USA. If the data on the real estate market in the US is weak, the growth of the EUR/USD quotations may continue.
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Forex forecast on April 14 for EURUSD, GBPUSD, USDCAD, USDJPY

Forecasts by Justforex

Yesterday, the correction was observed on EUR/USD. The currency held the resistance level at 1.06750, which caused a downward trend. The euro lost more than 50 points in price. At the moment, the key trading range is 1.06100-1.06300. If the statistics from the US is positive, the correction of EUR/USD may continue. The movement is tending potentially to 1.05750.
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