Today’s Market Calls of EUR/USD, GBP/USD and USD/JPY Forecast

URGENT PAIR GBP/USD: UPTREND H4 CHART

All these 3 pairs have probable chances to meet the developed targets. All one way upside to cut previous high.

BUY GBP/USDENTRY: 1.3213, TARGET: 1.3338/1.3380, SUPPORT: 1.3134

FXStreet Forex Interactive Chart:

GBPUSD

ULTRA SPECIFIC CETERIS PARIBUS STRATEGY:

“Without strategy and execution, a great idea will remain just a good idea.”- Dom

By keeping in mind the projected target price constant trade frequently 3- 4 times a day. Maintain proper margin for carry forward. Trader should maintain back up to 600 points (approx) if opposite scenario happen. Hold the open positions overnight in case of verified short term trend for maximum profit.

Always maintain a portfolio of 3 out of 3 pairs and distribute total trading volume among them.

USEFUL MARKET DIRECTION | TRADING LEVELS:

The price is always changing, will you lead or follow?

BUY EUR/USDENTRY: 1.1315, TARGET: 1.1414, SUPPORT: 1.1230

EURUSD

UNIQUE TRADING PROCESS:

Trading process is based on ZIGZAG Analysis and combining with ADX. First, predicting buy/sell any type (limit/stop) intraday. Second, identifying any type of hourly candlestick pattern formation, it is suggested to enter the 1st position (buy/sell) at any level between the average of daily entry and sl price.

Third, try to book the initial quick profit to verify predictions validity. This process can be repeated twice or thrice in the sidewise market. Also, the distribution of positions by the averaging method will be helpful. This way we can maximize intra day profit provided that the daily market direction is verified and holds true.

Fourth, on the fundamental side, we will check the price action more during the news in the economic calendar on CPI (Consumer Price Index) data of EUROPE, UK, USA, JAPAN and INDIA. Trade deficit data is important to follow for more volatility.

FXStreet Forex Interactive Chart:

BUY USD/JPYENTRY: 110.09, TARGET: 110.99, SUPPORT: 109.50

JPY

“Every correct Decision you make takes you one step closer to being Wealthy and Successful”- © Somnath Das , 2018-2019

DXY

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