Pretty decent for paper trade! Follow levels for buy and sell. Can achieve much higher targets!
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.9725). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDCHF 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 (1.0830). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURUSD 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...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1.2406). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . GBPUSD is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which acts as a...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (7152.05). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . BTCUSD 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 (1.239). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . GBPUSD is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which acts as a...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.6370). 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 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 (1.0905). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURUSD 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=1.2575. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=1.2485. TP4: S2=1.2435. Set the stoploss of these orders at breakout of R2=1.2645. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.6030). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . NZDUSD 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 a possibility of temporary retracement to suggested support line (1.3987). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDCAD is in a down trend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. ....
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1.0919). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURUSD is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which acts as a...
Amidst this negative background the USDINR is bound to see a periodic thrust to the upside. The strong upward charge seen in March may have hit resistance zone around 78 but then the potential to move towards that levels still exist. The resistance zone is a confluence of a Fibonacci extension as well as modified Upper channel of the Pitchfork that shall aim to...
As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1.0935. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=1.0885. TP4: S2=1.0845. Set the stoploss of these orders at breakout of R2=1.0965. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.09. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=1.096. TP4: R2=1.1025. Set the stoploss of these orders at breakout of S2=1.0885. 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=0.619. 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 downtrend for this day, so Forecast City suggests sell (limit) below R1=0.9745. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=0.9675. TP4: S2=0.965. Set the stoploss of these orders at breakout of R2=0.979. 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 (1.0857). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURUSD 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...