Market Forecast

22/06 Overall Market Direction and Price Range Forecast

Let’s take a look at today’s price forecast!

Suggested assets and trading range of today. Note that the trading range stated below are an daily overall range, meaning it is an expected price range that the asset may move within.

EURUSD SELL (LOW) (Price Range: 1.1870 – 1.1944)
GBPUSD SELL (LOW) (Price Range: 1.3835 – 1.3985)
USDJPY BUY (HIGH) (Price Range: 109.86 – 110.50)
AUDUSD SELL (LOW) (Price Range: 0.7491 – 0.7561)
EURJPY SELL (LOW) (Price Range: 130.45 – 131.90)
EURCHF BUY (HIGH) (Price Range: 1.0926 – 1.0956)
XAUUSD SELL (LOW) (Price Range: 1769.04 – 1791.96)

Price is expected to move within the expected range. If ranged is broken, price is expected to head towards the direction where it had been broken.

Following are the times when economy news/data will be release. Please note that the times indicated below are in Greenwich Mean Time (GMT). During these times, trend is expected to be form and price is likely to move towards the single direction.

Especially at where at time is marked with ★, at 18:00 keep an eye on the USD pairs for chances to enter the market.

14:00GMT EUR: EURUSD EURGBP EURJPY EURCHF
17:30GMT EUR: EURUSD EURGBP EURJPY EURCHF
★18:00GMT USD: USDJPY AUDUSD USDCHF EURUSD GBPUSD XAUUSD XAGUSD

Let’s try and make profit today as well!