Buy signal on AUDJPY (With TP and SL)Hello.
Here is an analysis on AUDJPY
TP 73.800 And SL68.800
The pair has clearly hit the Support and is going upward.
D-AUD
Don't miss the great sell opportunity in EURAUDTrading 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 dynamic support.
. The RSI is at 66.
Take Profits:
TP1= @ 1.6615
TP2= @ 1.6400
TP3= @ 1.6085
SL: Break Above R2
Perfect channel analysis for GBPAUDHello people
Here is an awesome analysis for you.
Pair= GBPAUD
As we can very clearly see that the pair is in a channel which is a buy trend.
Also the pair is making a new higher high while not breaking the previous
lower low.
The pair might touch the trendling support area and then bounce back.
One can take a buy entry with a tp at 2.00000
while keeping SL at 1.91000 .
Hope you all like it and make some money.
Thank you
AUDUSD Intraday ForecastAs 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 S2=0.6565.
In this situation, there is an expectation to reach the target S3=0.6485.
Set the stoploss of reverse orders at breakout of S1=0.6585.
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 AUDNZDTrading 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.
. The RSI is at 60.
Take Profits:
TP1= @ 1.0504
TP2= @ 1.0660
TP3= @ 1.0830
SL= Break below S2
Don't miss the great sell opportunity in GBPAUDTrading 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 dynamic support.
. The RSI is at 60.
Take Profits:
TP1= @ 1.9522
TP2= @ 1.9343
TP3= @ 1.8765
SL: Break Above R2
Don't miss the great sell opportunity in AUDJPYTrading 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 dynamic resistance.
. The RSI is at 33.
Take Profits:
TP1= @ 72.40
TP2= @ 71.80
TP3= @ 70.90
SL: Break Above R2
AUDUSD Intraday ForecastAs 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 R2=0.6665.
In this situation, there is an expectation to reach the target R3=0.6735.
Set the stoploss of reverse orders at breakout of R1=0.665.
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 AUDCHFTrading 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.
. The RSI is at 60.
Take Profits:
TP1= @ 0.6620
TP2= @ 0.6690
TP3= @ 0.6820
SL= Break below S2
Don't miss the great buy opportunity in AUDNZDTrading 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.
. The RSI is at 68.
Take Profits:
TP1= @ 1.0520
TP2= @ 1.0603
TP3= @ 1.0660
SL= Break below S2
AUDUSD Intraday ForecastAs 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 S2=0.685.
In this situation, there is an expectation to reach the target S3=0.6785.
Set the stoploss of reverse orders at breakout of S1=0.686.
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!
What to expect today on AUD/JPYDivergence on the bottom, price trying to break a bearish TL, wait for a possible fake out, then go long.
Don't miss the great buy opportunity in AUDCHFTrading 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 resistance.
. The RSI is at 41.
Take Profits:
TP1= @ 0.6750
TP2= @ 0.6820
TP3= @ 0.6888
SL= Break below S2
Long set up on AUD/JPY We can see the divergence on the bottom that the TDI is telling us, plus direction of the EMAs.
AUDUSD Intraday ForecastAs 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 S2=0.679.
In this situation, there is an expectation to reach the target S3=0.6725.
Set the stoploss of reverse orders at breakout of S1=0.68.
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 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
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
AUDUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.673.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=0.6775.
TP4: R2=0.68.
Set the stoploss of these orders at breakout of S2=0.672.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.672.
In this situation, there is an expectation to reach the target S3=0.6655.
Set the stoploss of reverse orders at breakout of S1=0.673.
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 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
