💡Don't miss the great sell opportunity in AUDJPY
Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (84.480).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AUDJPY is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 48
Take Profits:
TP1= @ 84.230
TP2= @ 83.970
TP3= @ 83.740
TP4= @ 83.440
TP5= @ 83.020
SL: Break Above R2
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Aud
💡Don't miss the great sell opportunity in AUDUSD
Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (0.7765).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AUDUSD is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 37
Take Profits:
TP1= @ 0.7705
TP2= @ 0.7675
TP3= @ 0.7585
SL: Break Above R2
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💡Don't miss the great sell opportunity in AUDSGD
Trading suggestion:
. There is still a possibility of temporary retracement to the suggested resistance line (1.0399).
if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. AUDSGD is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 34
Take Profits:
TP1= @ 1.0285
TP2= @ 1.0261
TP3= @ 1.0215
TP4= @ 1.0180
TP5= @ 1.0137
SL: Break Above R2
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💡Don't miss the great buy opportunity AUDSGDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.0375).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AUDSGD is in an uptrend, and the continuation of the uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 50.
Take Profits:
TP1= @ 1.0405
TP2= @ 1.0445
TP3= @ 1.0460
TP4= @ 1.0480
TP5= @ 1.0535
SL= Break below S2
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ForecastCity English Support Team ❤️
AUDJPY OUTLOOKThis is not a financial advice, only meant for educational purposes.
This the technical outlook of for the week. IF the set-up above plays out, we will be be looking forward to short the pair, provided it satisfies the below conditions at that level
**Indicator predicts the reversal/weakness at that level
** Making sure other correlating pairs are also reversing
**Candlestick Pattern at that level
AUDCHF OUTLOOKThis is not a financial advice, only meant for educational purposes.
This the technical outlook of for the week. IF the set-up above plays out, we will be be looking forward to short the pair, provided it satisfies the below conditions
**Indicator predicts the reversal/weakness at that level
** Making sure other correlating pairs are also reversing
**Candlestick Pattern at that level
💡Don't miss the great sell opportunity in GBPAUD
Trading suggestion:
". There is still a possibility of temporary retracement to suggested resistance line (0.9672).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. GBPAUD is in a range bound and the beginning of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 41.
Take Profits:
TP1= @ 1.7924
TP2= @ 0.9525
TP3= @ 1.7684
TP4= @ 1.7587
TP5= @ 1.7408
SL: Break Above R2
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💡Don't miss the great buy opportunity in EURAUDTrading suggestion:
There is a possibility of temporary retracement to the suggested support line (1.5510).
. If so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURAUD 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.
. The RSI is at 70.44.
Take Profits:
TP1= @ 1.5690
TP2= @ 1.5800
TP3= @ 1.5950
TP4= @ 1.6000
TP5= @ 1.6140
SL= Break below S2
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💡Don't miss the great sell opportunity in AUDCADTrading suggestion:
". There is still a possibility of temporary retracement to suggested resistance line (0.96430).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AUDCAD is in a downtrend and the continuation of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 51.
Take Profits:
TP1= @ 0.95850
TP2= @ 0.95250
TP3= @ 0.94580
TP4= @ 0.93940
TP5= @ 0.93120
SL: Break Above R2
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💡Don't miss the great sell opportunity in AUDJPYTrading suggestion:
". There is still a possibility of temporary retracement to suggested resistance line (84050).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AUDJPY is in a range bound and the beginning of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 27.
Take Profits:
TP1= @ 81.970
TP2= @ 80.620
TP3= @ 79.520
TP4= @ 78.850
TP5= @ 77.460
SL: Break Above R2
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Now, It's your turn!
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Trade well, ❤️
ForecastCity English Support Team ❤️