Get started

Canadadollar

Don't miss the great buy opportunity in CADJPYTrading suggestion: . There is a possibility of temporary retracement to suggested support line (82.80). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . CADJPY 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 80. Take Profits: TP1= @ 83.50 TP2= @ 83.90 TP3= @ 84.55 SL= Break below S2
Long
by ForecastCity_EU
4
USDCAD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.3125. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=1.3175. TP4: R2=1.3205. Set the stoploss of these orders at breakout of S2=1.311. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of S2=1.311. In this situation, there is an expectation to reach the target S3=1.304. Set the stoploss of reverse orders at breakout of S1=1.3125. 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!
Long
by ForecastCity_EU
2
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
Long
by ForecastCity_EU
1
Don't miss the great buy opportunity in CADCHFTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.7460). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . CADCHF 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 52. Take Profits: TP1= @ 0.7515 TP2= @ 0.7560 TP3= @ 0.7610 SL= Break below S2
Long
by ForecastCity_EU
Don't miss the great buy opportunity in CADJPYTrading suggestion: . There is a possibility of temporary retracement to suggested support line (80.00). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . CADJPY 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 61. Take Profits: TP1= @ 81.15 TP2= @ 82.05 TP3= @ 83.20 SL= Break below S2
Long
by ForecastCity_EU
A trading opportunity to buy in EURCADMidterm forecast: While the price is above the support 1.4750, beginning of uptrend is expected. We make sure when the resistance at 1.5285 breaks. If the support at 1.4750 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: While the RSI resistance #1 at 62 is not broken, the probability of price increase would be too low. A peak is formed in daily chart at 1.5180 on 05/09/2019, so more losses to support(s) 1.5010, 1.4915, 1.4820 and minimum to Major Support (1.4750) 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 45. Trading suggestion: There is a possibility of temporary retracement to suggested support zone (1.4820 to 1.4750). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (1.4820) Ending of entry zone (1.4750) 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= @ 1.4915 TP2= @ 1.5010 TP3= @1.5115 TP4= @ 1.5195 TP5= @ 1.5285 TP6= @ 1.5360 TP7=@ 1.5450 TP8= @ 1.5640 TP9= @ 1.6150 TP10= Free
Long
by ForecastCity_EU
Don't miss the great buy opportunity in CADJPYTrading suggestion: . There is a possibility of temporary retracement to suggested support line (81.3). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . CADJPY 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 50. Take Profits: TP1= @ 81.97 TP2= @ 82.54 TP3= @ 83.32 SL= @ 80.80
Long
by ForecastCity_EU
USDCAD Intraday ForecastAs we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1.35. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=1.344. TP4: S2=1.341. Set the stoploss of these orders at breakout of R2=1.3515. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of R2=1.3515. In this situation, there is an expectation to reach the target R3=1.3585. Set the stoploss of reverse orders at breakout of R1=1.35. 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!
Short
by ForecastCity_EU
A trading opportunity to buy in EURCADMidterm forecast: While the price is above the support 1.4750, beginning of uptrend is expected. We make sure when the resistance at 1.5285 breaks. If the support at 1.4750 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: While the RSI downtrend #1 is not broken, bearish wave in price would continue. A peak is formed in daily chart at 1.5153 on 04/16/2019, so more losses to support(s) 1.4915, 1.4820 and minimum to Major Support (1.4750) 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 45. Trading suggestion: There is a possibility of temporary retracement to suggested support zone (1.4820 to 1.4750). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (1.4820) Ending of entry zone (1.4750) 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= @ 1.4915 TP2= @ 1.5010 TP3= @1.5115 TP4= @ 1.5195 TP5= @ 1.5285 TP6= @ 1.5360 TP7=@ 1.5450 TP8= @ 1.5640 TP9= @ 1.6150 TP10= Free
Long
by ForecastCity_EU
A trading opportunity to buy in EURCADMidterm forecast: While the price is above the support 1.4750, beginning of uptrend is expected. We make sure when the resistance at 1.5360 breaks. If the support at 1.4750 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: While the RSI downtrend #1 is not broken, bearish wave in price would continue. A trough is formed in daily chart at 1.4905 on 04/02/2019, so more gains to resistance(s) 1.5115, 1.5195, 1.5285 and maximum to Major Resistance (1.5360) 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 50. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (1.4820 to 1.4860). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (1.4820) Ending of entry zone (1.4860) 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 Profit: TP1= @ 1.4915 TP2= @ 1.5010 TP3= @1.5115 TP4= @ 1.5195 TP5= @ 1.5285 TP6= @ 1.5360 TP7=@ 1.5450 TP8= @ 1.5640 TP9= @ 1.6150 TP10= Free
Long
by ForecastCity_EU
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
Long
by ForecastCity
2
A trading opportunity to Buy in EURCADMidterm forecast: While the price is above the support 1.4750, beginning of uptrend is expected. We make sure when the resistance at 1.5115 breaks. If the support at 1.4750 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: The RSI bounced from the resistance #1 at 48 and it prevented price from more gains. A peak is formed in daily chart at 1.5060 on 02/14/2019, so more losses to support(s) 1.4820 and minimum to Major Support (1.4750) 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 41. Trading suggestion: There is possibility of temporary retracement to suggested Buy Zone (1.4820 to 1.4750). 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 (1.4820) Ending of entry zone (1.4750) 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 = @1.4915 TP2 = @1.5010 TP3 = @1.5115 TP4 = @1.5285 TP5 = @1.5450 TP6 = @1.5640 TP7 = @1.6150 TP8 = Free
Long
by ForecastCity
1