Daily Forecasts

Experts Intraday predictions to help you trade more easily and consistently

Daily Forecasts

Pivot Point - 1.1637

Yesterday EURUSD high was 1.1667 and low was 1.1619 overall movements is 48 pips. Today expecting bearish trend and the first key resistance is 1.1655 and the key support is 1.1607. Keep an eye on Markit Manufacturing PMI at 08:00 GMT for Europe, Markit Manufacturing PMI at 13:45 GMT and Fed Chair Powell Speech at 15:00 GMT for the United States. All of these are major economic event for this currency today.

Preference: Short entry @ 1.1628 with targets at 1.1582 and maintain stop at 1.1659

Alternative: Long entry @ 1.1659 with target at 1.1701 and maintain stop at 1.1628

Intraday

Support Resistance
1.1607 1.1655
1.1589 1.1685
1.1559 1.1702

Intraweek

Support Resistance
1.1541 1.1676
1.1483 1.1715
1.1441 1.1791

Disclaimer

Winstone Prime daily technical analyses are provided by a team of professional analysts with years of hands-on experience in the Forex, Indices, Commodities, Crypto’s and Shares trading. These analyses are for information purposes only. They do not post a buy or sell recommendation for any of the financial instruments herein analyzed. The information is obtained from generally accessible data sources. The forecasts made are based on technical analysis. However, Winstone Prime Analyst Department(WPAD) also takes into consideration a number of fundamental and macroeconomic factors, which we believe may impact the price moves of the observed instruments. WPAD neither assumes no responsibility for errors, inaccuracies or omissions in these materials, nor shall it be liable for damages arising out of any person’s reliance upon the information on this page. WPAD shall not be liable for any special, indirect, incidental, or consequential damages, including without limitation, losses or unrealized gains that may result. Any information is subject to change without prior notice

Pivot Point - 1.3800

Yesterday GBPUSD high was 1.3833 and low was 1.3776 overall movements is 57 pips. Today expecting bearish trend and the first key resistance is 1.3825 and the key support is 1.3768. Keep an eye on Retail Sales monthly report at 06:00 GMT for the United Kingdom, Markit Manufacturing PMI at 13:45 GMT and Fed Chair Powell Speech at 15:00 GMT for the United States. All of these are major economic event for this currency today.

Preference: Short entry @ 1.3795 with targets at 1.3744 and maintain stop at 1.3829

Alternative: Long entry @ 1.3829 with target at 1.3880 and maintain stop at 1.3795

Intraday

Support Resistance
1.3768 1.3825
1.3743 1.3857
1.3711 1.3882

Intraweek

Support Resistance
1.3614 1.3894
1.3488 1.3997
1.3409 1.4160

Disclaimer

Winstone Prime daily technical analyses are provided by a team of professional analysts with years of hands-on experience in the Forex, Indices, Commodities, Crypto’s and Shares trading. These analyses are for information purposes only. They do not post a buy or sell recommendation for any of the financial instruments herein analyzed. The information is obtained from generally accessible data sources. The forecasts made are based on technical analysis. However, Winstone Prime Analyst Department(WPAD) also takes into consideration a number of fundamental and macroeconomic factors, which we believe may impact the price moves of the observed instruments. WPAD neither assumes no responsibility for errors, inaccuracies or omissions in these materials, nor shall it be liable for damages arising out of any person’s reliance upon the information on this page. WPAD shall not be liable for any special, indirect, incidental, or consequential damages, including without limitation, losses or unrealized gains that may result. Any information is subject to change without prior notice

Pivot Point - 114.01

Yesterday USDJPY high was 114.41 and low was 113.65 overall movements is 76 pips. Today expecting bullish trend and the first key resistance is 114.38 and the key support is 113.62. Keep an eye on Markit Manufacturing PMI at 00:30 GMT for Japan, Markit Manufacturing PMI at 13:45 GMT and Fed Chair Powell Speech at 15:00 GMT for the United States. All of these are major economic event for this currency today.

Preference: Long entry @ 114.06 with targets at 114.75 and maintain stop at 113.56

Alternative: Short entry @ 113.56 with target at 112.87 and maintain stop at 114.06

Intraday

Support Resistance
113.62 114.38
113.25 114.78
112.85 115.14

Intraweek

Support Resistance
112.79 115.08
111.33 115.91
110.50 117.37

Disclaimer

Winstone Prime daily technical analyses are provided by a team of professional analysts with years of hands-on experience in the Forex, Indices, Commodities, Crypto’s and Shares trading. These analyses are for information purposes only. They do not post a buy or sell recommendation for any of the financial instruments herein analyzed. The information is obtained from generally accessible data sources. The forecasts made are based on technical analysis. However, Winstone Prime Analyst Department(WPAD) also takes into consideration a number of fundamental and macroeconomic factors, which we believe may impact the price moves of the observed instruments. WPAD neither assumes no responsibility for errors, inaccuracies or omissions in these materials, nor shall it be liable for damages arising out of any person’s reliance upon the information on this page. WPAD shall not be liable for any special, indirect, incidental, or consequential damages, including without limitation, losses or unrealized gains that may result. Any information is subject to change without prior notice

Pivot Point - 0.7489

Yesterday AUDUSD high was 0.7546 and low was 0.7457 overall movements is 89 pips. Today expecting bearish trend and the first key resistance is 0.7522 and the key support is 0.7433. Keep an eye on Markit Manufacturing PMI at 13:45 GMT and Fed Chair Powell Speech at 15:00 GMT for the United States. All of these are major economic event for this currency today.

Preference: Short entry @ 0.7473 with targets at 0.7401 and maintain stop at 0.7526

Alternative: Long entry @ 0.7526 with target at 0.7609 and maintain stop at 0.7473

Intraday

Support Resistance
0.7433 0.7522
0.7401 0.7578
0.7344 0.7610

Intraweek

Support Resistance
0.7324 0.7594
0.7234 0.7673
0.7176 0.7825

Disclaimer

Winstone Prime daily technical analyses are provided by a team of professional analysts with years of hands-on experience in the Forex, Indices, Commodities, Crypto’s and Shares trading. These analyses are for information purposes only. They do not post a buy or sell recommendation for any of the financial instruments herein analyzed. The information is obtained from generally accessible data sources. The forecasts made are based on technical analysis. However, Winstone Prime Analyst Department(WPAD) also takes into consideration a number of fundamental and macroeconomic factors, which we believe may impact the price moves of the observed instruments. WPAD neither assumes no responsibility for errors, inaccuracies or omissions in these materials, nor shall it be liable for damages arising out of any person’s reliance upon the information on this page. WPAD shall not be liable for any special, indirect, incidental, or consequential damages, including without limitation, losses or unrealized gains that may result. Any information is subject to change without prior notice

Pivot Point - 1782.7

Yesterday XAUUSD high was 1789.5 and low was 1776.4 overall movements is 131 pips. Today expecting bullish trend to continue and the first key resistance is 1788.9 and the key support is 1775.8.  Keep an eye on Markit Manufacturing PMI at 13:45 GMT and Fed Chair Powell Speech at 15:00 GMT for the United States. All of these are major economic event for this instrument today.

Preference: Long entry @ 1786.8 with targets at 1799.4 and maintain stop at 1777.6

Alternative: Short entry @ 1777.6 with target at 1763.8 and maintain stop at 1786.8

Intraday

Support Resistance
1775.8 1788.9
1769.5 1795.8
1762.6 1802.1

Intraweek

Support Resistance
1744.5 1795.2
1721.8 1823.2
1693.8 1845.9

Disclaimer

Winstone Prime daily technical analyses are provided by a team of professional analysts with years of hands-on experience in the Forex, Indices, Commodities, Crypto’s and Shares trading. These analyses are for information purposes only. They do not post a buy or sell recommendation for any of the financial instruments herein analyzed. The information is obtained from generally accessible data sources. The forecasts made are based on technical analysis. However, Winstone Prime Analyst Department(WPAD) also takes into consideration a number of fundamental and macroeconomic factors, which we believe may impact the price moves of the observed instruments. WPAD neither assumes no responsibility for errors, inaccuracies or omissions in these materials, nor shall it be liable for damages arising out of any person’s reliance upon the information on this page. WPAD shall not be liable for any special, indirect, incidental, or consequential damages, including without limitation, losses or unrealized gains that may result. Any information is subject to change without prior notice

Pivot Point - 63851.9

Yesterday BTCUSD high was 66666.3 and low was 62146.7 overall movements is 4520 pips. Today expecting bearish trend to continue and the first key resistance is 65557.2 and the key support is 61037.6. Keep an eye on Markit Manufacturing PMI at 13:45 GMT and Fed Chair Powell Speech at 15:00 GMT for the United States. All of these are major economic event for this crypto currency today.

Preference: Short entry @ 63056.5 with targets at 58835.9 and maintain stop at 65560.7

Alternative: Long entry @ 65560.7 with target at 70075.8 and maintain stop at 63056.5

Intraday

Support Resistance
61037.6 65557.2
59332.3 68371.5
56518.0 70076.8

Intraweek

Support Resistance
56163.3 70487.3
50819.7 75153.6
47491.5 83323.4

Disclaimer

Winstone Prime daily technical analyses are provided by a team of professional analysts with years of hands-on experience in the Forex, Indices, Commodities, Crypto’s and Shares trading. These analyses are for information purposes only. They do not post a buy or sell recommendation for any of the financial instruments herein analyzed. The information is obtained from generally accessible data sources. The forecasts made are based on technical analysis. However, Winstone Prime Analyst Department(WPAD) also takes into consideration a number of fundamental and macroeconomic factors, which we believe may impact the price moves of the observed instruments. WPAD neither assumes no responsibility for errors, inaccuracies or omissions in these materials, nor shall it be liable for damages arising out of any person’s reliance upon the information on this page. WPAD shall not be liable for any special, indirect, incidental, or consequential damages, including without limitation, losses or unrealized gains that may result. Any information is subject to change without prior notice