As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1.348. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=1.343. TP4: S2=1.3395. Set the stoploss of these orders at breakout of R2=1.349. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of...
AS WE CAN SEE WE ARE IN DOWN TRAND IN W1 BUT RIGHT NOW PRICE IS IN UP OF THE SUPPORT SO WE ARE GOING TO HAVE A LITTLE BIT CORRECTION. I SHOWED WITH ARROWED LINES
As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1.01. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=1.005. TP4: S2=1.0035. Set the stoploss of these orders at breakout of R2=1.012. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of...
As the current price is at the edge of the support line, the price could back up bullish in short term. However, in longer term after price hits the channel line, it could be resisted and go downwards.
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=138.1. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=138.95. TP4: R2=139.55. Set the stoploss of these orders at breakout of S2=137.8. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
28 May 2019 Short EUR/USD @1.11850 StopLoss 20 Pips @1.12050 TakeProfit 20 Pips @1.11650
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.264. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=1.2685. TP4: R2=1.27. Set the stoploss of these orders at breakout of S2=1.2605. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
27 May 2019 Short EUR/USD @1.11977 StopLoss 20 Pips @1.11777 TakeProfit 20 Pips @1.12177
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.6525. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.656. TP4: R2=0.658. Set the stoploss of these orders at breakout of S2=0.6515. 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=1.1185. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=1.122. TP4: R2=1.124. Set the stoploss of these orders at breakout of S2=1.1175. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
24 May 2019 Long EUR/USD @1.11896 StopLoss 20 Pips @1.11696 TakeProfit 20 Pips @1.12096
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.116. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=1.12. TP4: R2=1.1225. Set the stoploss of these orders at breakout of S2=1.114. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
23 May 2019 Short EUR/USD @1.11422 StopLoss 20 Pips @1.11622 TakeProfit 20 Pips @1.11222
22 May 2019 Long EUR/USD @1.11608 StopLoss 20 Pips @1.11408 TakeProfit 20 Pips @1.11808
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=139.8. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=140.55. TP4: R2=141.15. Set the stoploss of these orders at breakout of S2=139.55. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
NZDUSD Analysis: Price sold as expected and is currently below resistance zone price 0.65785 and still underneath trend-line. We expecting price to possibly test resistance if not expect price to head towards support zone 0.64344 Long-Term Daily timeframe .