As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.619. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.625. TP4: R2=0.6315. Set the stoploss of these orders at breakout of S2=0.6155. 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=0.6045. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.6115. TP4: R2=0.616. Set the stoploss of these orders at breakout of S2=0.6035. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (2.0204). 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 above the 21-Day WEMA which acts as a...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1.0220). 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 downtrend is expected. . The price is below the 21-Day WEMA which acts as a...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.572. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.5845. TP4: R2=0.5895. Set the stoploss of these orders at breakout of S2=0.5695. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1.6950). 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...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.6585. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.6645. TP4: R2=0.6675. Set the stoploss of these orders at breakout of S2=0.6565. 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 (1.0455). 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....
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1.9655). 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 above the 21-Day WEMA which acts as a...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (73.17). 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...
As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=0.665. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=0.6605. TP4: S2=0.6585. Set the stoploss of these orders at breakout of R2=0.6665. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.6557). 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 above the 21-Day WEMA which acts as a dynamic support....
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.0436). 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....
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.686. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.6895. TP4: R2=0.691. Set the stoploss of these orders at breakout of S2=0.685. 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 (0.6712). 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...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.68. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.6835. TP4: R2=0.6855. Set the stoploss of these orders at breakout of S2=0.679. 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 (0.9020). 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....
Midterm 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...