{"id":42,"date":"2020-04-29T10:06:24","date_gmt":"2020-04-29T10:06:24","guid":{"rendered":"https:\/\/www.from1tomillion.com\/blog\/?p=42"},"modified":"2020-04-29T10:06:24","modified_gmt":"2020-04-29T10:06:24","slug":"next-week-forecasts-for-eurusd-eurgbp-and-eurjpy","status":"publish","type":"post","link":"https:\/\/www.from1tomillion.com\/blog\/2020\/04\/29\/next-week-forecasts-for-eurusd-eurgbp-and-eurjpy\/","title":{"rendered":"Next week forecasts for EURUSD, EURGBP and EURJPY"},"content":{"rendered":"\n<p>My main pair for next week will be EURUSD again. Friday close was around 870. On monday\/tuesday, I expect a push towards 910-915 minimum, that might be the first hurdle on the way up, but that is my first and easiest target. If broken  and safely above, 950-960 would be the second target. I won&#8217;t trade after that most probably and just wait what happens next. I can see 1020-30 next week, too, but won&#8217;t trade towards it, 960 will be enough. For swing traders, who trade into 1050-80, a SL of 790 is good enough.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/from5tomillion.com\/blog\/wp-content\/uploads\/2020\/04\/eu-1-1024x405.png\" alt=\"\" class=\"wp-image-50\"\/><\/figure>\n\n\n\n<p>EURGBP is bottoming strongly in smaller time frames, so a spike up is very likely. With a SL below last week&#8217;s low, which was 8681, we should re-test 8770, at least. Up to 8830 maybe. With a SL just 10-20 pips below 8681 and a target of 80-120 pips, the profit\/risk ratio is very good. So not a good week for hardcore bears, even though my medium term target is 8300-8400, but until the current low is broken, a spike up is more likely than further down at this point.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/from5tomillion.com\/blog\/wp-content\/uploads\/2020\/04\/eg-1024x405.png\" alt=\"\" class=\"wp-image-51\"\/><\/figure>\n\n\n\n<p>And lastly EURJPY. Since I am expecting a push up in euro and eurjpy is bottoming on both small and medium term time frames, a spike up towards 117.70-90, is very likely. SL is easy to set, below this month&#8217;s low, either 116.30 or a safer one at 115.90.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/from5tomillion.com\/blog\/wp-content\/uploads\/2020\/04\/ej-1024x405.png\" alt=\"\" class=\"wp-image-52\"\/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>My main pair for next week will be EURUSD again. Friday close was around 870. On monday\/tuesday, I expect a push towards 910-915 minimum, that might be the first hurdle on the way up, but that is my first and easiest target. If broken and safely above, 950-960 would be the second target. I won&#8217;t [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/posts\/42"}],"collection":[{"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/comments?post=42"}],"version-history":[{"count":1,"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/posts\/42\/revisions"}],"predecessor-version":[{"id":43,"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/posts\/42\/revisions\/43"}],"wp:attachment":[{"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/media?parent=42"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/categories?post=42"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/tags?post=42"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}