Currency market: Close price forecasts

EUR/USD 2 main points today: 1.2041 and the vital break for much lower at current 1.2033. EUR/USD is not only close to significant levels but its opposite USD/JPY finally aligned yesterday to break above 104.27 and traded highs to 104.65 or 38 pips.
EUR/USD more perfect opposite CAD/ZAR trades current 11.81 and 17 pips below its vital break at 11.99. CAD/ZAR's break at 11.99 would assure a lower EUR and a break to 1.2033.
Close Prices Today
EUR/USD 1.2099. Good call here.
EUR/JPY here's the problem pair in the EUR universe due to break at 128.32 then below 125.46, 124.19 and 123.98. Next week's weekly average bottom line will report in the vicinity of 124.19.
EUR/CHF 1.0783, Do or die 1.0779.
EUR/JPY close 126.21.
EUR/CAD 1.5533.
EUR/NZD 1.6872.
EUR/AUD Best call last week, off 8 pips to the close. Today 1.5838.
GBP/USD 1.3636.
GBP/JPY Next problem pair in deep overbought. Close 142.67.
GBP/CHF. 1.2129.
GBP/CAD doesn't matter, short Sunday on the open as was the call last week for quick 50 ish pips.
GBP/NZD 1.9034.
GBP/AUD 1.7892 and must remain above vital 1.7335 or far lower next week..
AUD/USD 0.7637.
AUD/JPY 79.82 and 5 year average 79.72.
AUD/CHF. 0.6803.
AUD/CAD 0.9801.
NZD/USD 0.7146.
NZD/JPY 74.70 and 5 year average 74.59.
NZD/CHF 0.6346.
NZD/CAD 0.9172.
USD/CAD Do or Die at vital 1.2887. Close 1.2842.
USD/JPY remains above 104.27. Close 104.44.
Author

Brian Twomey
Brian's Investment
Brian Twomey is an independent trader and a prolific writer on trading, having authored over sixty articles in Technical Analysis of Stocks & Commodities and Investopedia.

















