A second Chance to Buy in AUDNZDMidterm forecast:
While the price is above the support 1.0660, resumption of uptrend is expected.
We make sure when the resistance at 1.0850 breaks.
If the support at 1.0660 is broken, the short-term forecast -resumption of uptrend- will be invalid.
We will close our open trades, if the Midterm level 1.0660 is broken.
Technical analysis:
A trough is formed in daily chart at 1.0710 on 11/04/2019, so more gains maximum to Major Resistance (1.0850) is expected.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index (RSI) is 65.
New trading suggestion:
*There is still a possibility of temporary retracement to suggested support line (1.0660). if so, traders can set orders based on Price Action and expect to reach short-term targets.
* If you missed our first HUNT , you have a second chance to buy above the suggested support line (1.0660).
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Trade Setup:
We opened 10 BUY trade(s) @ 1.0354 based on 'Hammer' entry method at 2019.08.06.
Total Profit: 3595 pip
Closed trade(s): 1659 pip Profit
Open trade(s): 1936 pip Profit
Closed Profit:
TP1 @ 1.0430 touched at 2019.08.07 with 76 pip Profit.
TP2 @ 1.0490 touched at 2019.08.07 with 136 pip Profit.
TP3 @ 1.0585 touched at 2019.08.21 with 231 pip Profit.
TP4 @ 1.0660 touched at 2019.08.29 with 306 pip Profit.
TP5 @ 1.0760 touched at 2019.09.13 with 406 pip Profit.
TP6 @ 1.0990 touched at 2019.10.07 with 504 pip Profit.
76 + 136 + 231 + 306 + 406 + 504 = 1659 pip
Open Profit:
Profit for one trade is 1.0838(current price) - 1.0354 (open price) = pip
4 trade(s) still open, therefore total profit for open trade(s) is 484 x 4 = 1936 pip
All SLs moved to Break-even point.
Take Profits:
TP7= @ 1.0990
TP8= @ 1.1140
TP9= @ 1.1335
TP10= Free
Australiandollar
AUDUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.688.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=0.6915.
TP4: R2=0.693.
Set the stoploss of these orders at breakout of S2=0.686.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.686.
In this situation, there is an expectation to reach the target S3=0.6785.
Set the stoploss of reverse orders at breakout of S1=0.688.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
There is a possibility for the beginning of an uptrend in AUDSGDMidterm forecast:
While the price is above the support 0.9105, beginning of uptrend is expected.
We make sure when the resistance at 0.9520 breaks.
If the support at 0.9105 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:
A trough is formed in daily chart at 0.9270 on 10/24/2019, so more gains to resistance(s) 0.9400, 0.9455 and maximum to Major Resistance (0.9520) is expected.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index (RSI) is 54.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.93200 to 0.92700). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.93200)
Ending of entry zone (0.92700)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.94000
TP2= @ 0.94550
TP3= @ 0.95200
TP4= @ 0.95950
TP5= @ 0.97250
TP6= @ 0.98300
TP7= @ 1.00900
TP8= @ 1.02250
TP9= Free
Don't miss the great buy opportunity in AUDCADTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.9021). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. AUDCAD 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 81.
Take Profits:
TP1= @ 0.9134
TP2= @ 0.9226
TP3= @ 0.9315
SL= Break below S2
Don't miss the great buy opportunity in AUDCADTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.8987). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. AUDCAD 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 62.
Take Profits:
TP1= @ 0.9026
TP2= @ 0.9051
TP3= @ 0.9143
SL= Break below S2
Don't miss the great buy opportunity in AUDJPYTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (72.40). 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 uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 62.
Take Profits:
TP1= @ 73.10
TP2= @ 73.90
TP3= @ 75.90
SL= Break below S2
A second Chance to Buy in AUDNZDMidterm forecast:
There is no trend in the market and the price is in a range bound, but we forecast an uptrend wave above 1.0630 would begin in Midterm.
We will close our open trades, if the Midterm level 1.0630 is broken.
Technical analysis:
While the RSI support #1 at 53 is not broken, the probability of price decrease would be too low.
A peak is formed in daily chart at 1.0825 on 09/16/2019, so more losses to support(s) 1.0730, 1.0660 and minimum to Major Support (1.0630) is expected.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index (RSI) is 57.
New trading suggestion:
*There is still a possibility of temporary retracement to suggested support line (1.0630). if so, traders can set orders based on Price Action and expect to reach short-term targets.
* If you missed our first HUNT , you have a second chance to buy above the suggested support line (1.0630).
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Trade Setup:
We opened 10 BUY trade(s) @ 1.0354 based on 'Hammer' entry method at 2019.08.06.
Total Profit: 4224 pip
Closed trade(s): 1920 pip Profit
Open trade(s): 2304 pip Profit
Closed Profit:
TP1 @ 1.0430 touched at 2019.08.07 with 76 pip Profit.
TP2 @ 1.0490 touched at 2019.08.07 with 136 pip Profit.
TP3 @ 1.0585 touched at 2019.08.21 with 231 pip Profit.
TP4 @ 1.0660 touched at 2019.08.29 with 306 pip Profit.
TP5 @ 1.0760 touched at 2019.09.13 with 406 pip Profit.
76 + 136 + 231 + 306 + 406 = 1155 pip
Open Profit:
Profit for one trade is 1.0738 (current price) - 1.0354 (open price) = 384 pip
5 trade(s) still open, therefore total profit for open trade(s) is 384 x 5 = 1920 pip
All SLs moved to Break-even point.
Take Profits:
TP6= @ 1.0850
TP7= @ 1.0990
TP8= @ 1.1140
TP9= @ 1.1335
TP10= Free
Don't miss the great buy opportunity in AUDCHFTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.6700). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. AUDCHF is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 55.
Take Profits:
TP1= @ 0.6773
TP2= @ 0.6845
TP3= @ 0.6945
SL= Break below S2
A second Chance to Buy in AUDNZDMidterm forecast:
While the price is above the support 1.0530, resumption of uptrend is expected.
We make sure when the resistance at 1.0730 breaks.
If the support at 1.0530 is broken, the short-term forecast -resumption of uptrend- will be invalid.
We will close our open trades, if the Midterm level 1.0530 is broken.
Technical analysis:
The ascending flag taking shape suggests we will soon see another leg higher.
While the RSI support #1 at 53 is not broken, the probability of price decrease would be too low.
A peak is formed in daily chart at 1.0705 on 09/03/2019, so more losses to support(s) 1.0630, 1.0585, 1.0545 and minimum to Major Support (1.0530) is expected.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index (RSI) is 63.
New trading suggestion:
*There is still a possibility of temporary retracement to suggested support line (1.0530). if so, traders can set orders based on Price Action and expect to reach short-term targets.
* If you missed our first HUNT , you have a second chance to buy above the suggested support line (1.0530).
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Trade Setup:
We opened 10 BUY trade(s) @ 1.0354 based on 'Hammer' entry method at 2019.08.06.
Total Profit: 2525 pip
Closed trade(s): 617 pip Profit
Open trade(s): 1908 pip Profit
Closed Profit:
TP1 @ 1.0430 touched at 2019.08.07 with 76 pip Profit.
TP2 @ 1.0490 touched at 2019.08.07 with 136 pip Profit.
TP3 @ 1.0585 touched at 2019.08.21 with 231 pip Profit.
TP4 @ 1.0660 touched at 2019.08.29 with 306 pip Profit.
76 + 136 + 231 + 306 = 617 pip
Open Profit:
Profit for one trade is 1.0672 (current price) - 1.0354 (open price) = 318 pip
6 trade(s) still open, therefore total profit for open trade(s) is 318 x 6 = 1908 pip
All SLs moved to Break-even point.
Take Profits:
TP5= @ 1.0760
TP6= @ 1.0850
TP7= @ 1.0990
TP8= @ 1.1140
TP9= @ 1.1335
TP10= Free
AUDUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.6755.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=0.68.
TP4: R2=0.683.
Set the stoploss of these orders at breakout of S2=0.6735.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.6735.
In this situation, there is an expectation to reach the target S3=0.666.
Set the stoploss of reverse orders at breakout of S1=0.6755.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
Don't miss the great buy opportunity in AUDUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.6735). 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 uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 54.
Take Profits:
TP1= @ 0.6798
TP2= @ 0.6830
TP3= @ 0.6910
SL= Break below S2
Don't miss the great buy opportunity in EURAUDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.6415). 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 60.
Take Profits:
TP1= @ 1.6525
TP2= @ 1.6620
TP3= @ 1.6785
SL= Break below S2
Don't miss the great buy opportunity in AUDUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.6735). 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 uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 44.
Take Profits:
TP1= @ 0.6830
TP2= @ 0.6905
TP3= @ 0.7000
SL= Break below S2
Don't miss the great sell opportunity in EURAUDTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.6688). 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 downtrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 60.
Take Profits:
TP1= @ 1.6447
TP2= @ 1.6353
TP3= @ 1.6250
SL= Break above R2
Don't miss the great buy opportunity in AUDNZDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.04517). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. AUDNZD 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 62.
Take Profits:
TP1= @ 1.0545
TP2= @ 1.0630
TP3= @ 1.0720
SL= Break below S2
There is a trading opportunity to buy in AUDNZDMidterm forecast:
While the price is above the support 1.0275, resumption of uptrend is expected.
We make sure when the resistance at 1.0630 breaks.
If the support at 1.0275 is broken, the short-term forecast -resumption of uptrend- will be invalid.
Technical analysis:
While the RSI downtrend #1 is not broken, bearish wave in price would continue.
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index (RSI) is 41.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (1.0360 to 1.0275). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (1.0360)
Ending of entry zone (1.0275)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 1.0430
TP2= @ 1.0490
TP3= @ 1.0585
TP4= @ 1.0660
TP5= @ 1.0760
TP6= @ 1.0850
TP7= @ 1.0990
TP8= @ 1.1140
TP9= @ 1.1335
TP10= Free
Don't miss the great buy opportunity in EURAUDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.5952). 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 below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 54.
Take Profits:
TP1= @ 1.6024
TP2= @ 1.6073
TP3= @ 1.6230
SL= @ 1.5890
Don't miss the great buy opportunity in AUDNZDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.0419). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. AUDNZD 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 48.
Take Profits:
TP1= @ 1.0488
TP2= @ 1.0545
TP3= @ 1.0720
SL= @ 1.0375
AUDUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.694.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=0.698.
TP4: R2=0.7.
Set the stoploss of these orders at breakout of S2=0.693.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.693.
In this situation, there is an expectation to reach the target S3=0.6865.
Set the stoploss of reverse orders at breakout of S1=0.694.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
A trading opportunity to Buy in AUDCADMidterm 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 and minimum to Major Support (0.9105) is expected.
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index (RSI) is 32.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.9170 to 0.9105). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.9170)
Ending of entry zone (0.9105)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.9225
TP2= @ 0.9310
TP3= @ 0.9395
TP4= @ 0.9480
TP5= @ 0.9610
TP6= @ 0.9775
TP7= @ 0.9915
TP8= @ 1.0090
TP9= @ 1.0350
TP10= Free
A trading opportunity to Buy in AUDCADMidterm forecast:
While the price is above the support 0.9105, resumption of uptrend is expected.
We make sure when the resistance at 0.9775 breaks.
If the support at 0.9105 is broken, the short-term forecast -resumption of uptrend- will be invalid.
Technical analysis:
While the RSI resistance #1 at 53 is not broken, the probability of price increase would be too low.
A trough is formed in daily chart at 0.9315 on 03/01/2019, so more gains to resistance(s) 0.9490, 0.9565, 0.9665 and maximum to Major Resistance (0.9775) is expected.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index (RSI) is 51.
Trading suggestion:
There is possibility of temporary retracement to suggested Buy Zone (0.9380 to 0.9325). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.
We would set buy orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.9380)
Ending of entry zone (0.9325)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 8 BUY trade(s) @ 0.9441(day close price) based on "Valley" entry method at 02.14.2019.
Take Profits:
TP1 = @ 0.9490
TP2 = @ 0.9565
TP3 = @ 0.9665
TP4 = @ 0.9775
TP5 = @ 0.9915
TP6 = @ 1.0090
TP7 = @ 1.0350
TP8 = Free
A second Chance to Buy in AUDUSD...Midterm forecast:
While the price is above the support 0.7080, beginning of uptrend is expected.
We make sure when the resistance at 0.7380 breaks.
If the support at 0.7080 is broken, the short-term forecast -beginning of uptrend- will be invalid.
We will close our open trades, if the Midterm level 0.7080 is broken.
Technical analysis:
The RSI bounced from the support #1 at 39 and it prevented price from more losses.
A peak is formed in daily chart at 0.7295 on 01/31/2019, so more losses to support(s) 0.7085 and minimum to Major Support (0.7080) is expected.
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index (RSI) is 49.
Trading suggestion:
There is still a possibility of temporary retracement to suggested support line (0.7080). if so, traders can set orders based on Price Action and expect to reach short-term targets.
If you missed our first HUNT, you have a second chance to buy above the suggested support line (0.7080).
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.7085
TP2= @ 0.7150
TP3= @ 0.7230
TP4= @ 0.7300
TP5= @ 0.7380
TP6= @ 0.7445
TP7= @ 0.7575
TP8= @ 0.7655
TP9= @ 0.7805
TP10= @ 0.8135
TP11= Free
A second Chance to Buy in AUDUSD...Midterm forecast:
While the price is above the support 0.7085, beginning of uptrend is expected.
We make sure when the resistance at 0.7380 breaks.
If the support at 0.7085 is broken, the short-term forecast -beginning of uptrend- will be invalid.
We will close our open trades, if the Midterm level 0.7085 is broken.
Technical analysis:
While the RSI downtrend #1 is not broken, bearish wave in price would continue.
A trough is formed in daily chart at 0.7075 on 01/25/2019, so more gains to resistance(s) 0.7230, 0.7300 and maximum to Major Resistance (0.7380) is expected.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index (RSI) is 53.
Trading suggestion:
There is still a possibility of temporary retracement to suggested support line (0.7085). if so, traders can set orders based on Price Action and expect to reach short-term targets.
If you missed our first HUNT, you have a second chance to buy above the suggested support line (0.7085).
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.7085
TP2= @ 0.7150
TP3= @ 0.7230
TP4= @ 0.7300
TP5= @ 0.7380
TP6= @ 0.7445
TP7= @ 0.7575
TP8= @ 0.7655
TP9= @ 0.7805
TP10= @ 0.8135
TP11= Free