As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.2605. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=1.267. TP4: R2=1.2705. Set the stoploss of these orders at breakout of S2=1.2585. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=135.8. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=136.55. TP4: R2=136.9. Set the stoploss of these orders at breakout of S2=135.4. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=136.55. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=137.5. TP4: R2=137.8. Set the stoploss of these orders at breakout of S2=136.35. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
Midterm forecast: While the price is above the support 0.9105, beginning of uptrend is expected. We make sure when the resistance at 0.9610 breaks. If the support at 0.9105 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: A peak is formed in daily chart at 0.9395 on 06/04/2019, so more losses to support(s) 0.9170...
The pair has been moving in a falling channel pattern for half a month. The prices have completed the re - test of the upper ceiling at 0.74703 and has started to move towards the south, creating an opportunity to short the pair. The expected target for it to reach is, initially at the centre of the channel at 0.73998 (centre line shown by the dotted line). If the...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.6555. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.6595. TP4: R2=0.661. Set the stoploss of these orders at breakout of S2=0.6545. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.6555. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.661. TP4: R2=0.664. Set the stoploss of these orders at breakout of S2=0.6545. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.1205). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURCHF is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support....
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=122.4. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=123. TP4: R2=123.3. Set the stoploss of these orders at breakout of S2=122.2. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
EURJPY in 1H chart shows that there is an ascending trend line and Stochastic shows gold cross. Bullish momentum.
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.9030). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . NZDSGD is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support....
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.1255). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURUSD is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support....
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=136.85. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=137.85. TP4: R2=138.15. Set the stoploss of these orders at breakout of S2=136.55. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
EURGBP is a Stock Buy only ABOVE 0.88600 with Stop-loss of 0.88150 and Target of 0.89500