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NZDUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.6535. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.658. TP4: R2=0.6605. Set the stoploss of these orders at breakout of S2=0.652. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.652. In this situation, there is an expectation to reach the target S3=0.645. Set the stoploss of reverse orders at breakout of S1=0.6535. 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! ALL OF OUR INTRADAY FORECASTS ARE VALID FOR 24 HOURS FROM RELEASE TIME.
Long
by ForecastCity
There is a trading opportunity to buy in REQUSDTechnical analysis: . RequestNetwork/USDollar 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 48. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.0470 to 0.0290). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.0470) Ending of entry zone (0.0290) 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= @ 0.0913 TP2= @ 0.1328 TP3= @ 0.1934 TP4= @ 0.3155 TP5= @ 0.4931 TP6= @ 0.6071 TP7= @ 0.7804 TP8= @ 0.9850 TP9= @ 1.2450 TP10= Free
BINANCE:REQUSDLong
by ForecastCity
A trading opportunity to buy in ARKUSDTechnical analysis: . ARK/USDollar 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 56. . The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.7000 to 0.5000). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (00.7000) Ending of entry zone (0.5000) 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= @ 1.0013 TP2= @ 1.1925 TP3= @ 1.6547 TP4= @ 2.6470 TP5= @ 3.9757 TP6= @ 5.0473 TP7= @ 6.1170 TP8= @ 7.6428 TP9= @ 9.5830 TP10= @ 11.4100 TP11= Free
ALong
by ForecastCity
There is a possibility for the beginning of an uptrend in RDDUSDTechnical analysis: . Reddcoin/USDollar 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 37. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00231 to 0.00175). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00231) Ending of entry zone (0.00175) 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= @ 0.00368 TP2= @ 0.00507 TP3= @ 0.00598 TP4= @ 0.00714 TP5= @ 0.00924 TP6= @ 0.01110 TP7= @ 0.01763 TP8= Free
RLong
by ForecastCity
USDJPY Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=112.15. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=112.55. TP4: R2=112.9. Set the stoploss of these orders at breakout of S2=112. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of S2=112. In this situation, there is an expectation to reach the target S3=111.4. Set the stoploss of reverse orders at breakout of S1=112.15. 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! ALL OF OUR INTRADAY FORECASTS ARE VALID FOR 24 HOURS FROM RELEASE TIME.
Long
by ForecastCity
There is a trading opportunity to buy in SYSUSDTechnical analysis: . SysCoin/USDollar 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 43. . While the price downtrend in the daily chart is not broken, bearish wave in price would continue. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.090 to 0.059). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.090) Ending of entry zone (0.059) 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= @ 0.140 TP2= @ 0.190 TP3= @ 0.250 TP4= @ 0.304 TP5= @ 0.34 TP6= @ 0.453 TP7= @ 0.584 TP8= @ 0.740 TP9= Free
SLong
by ForecastCity
There is a possibility for the beginning of an uptrend in BTGUSDTechnical analysis: . BitcoinGold/USDollar 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. . The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (27.00 to 22.00). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (27.00) Ending of entry zone (22.00) 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= @ 39.00 TP2= @ 47.00 TP3= @ 56.00 TP4= @ 68.00 TP5= @ 84.00 TP6= @ 109.28 TP7= @ 146.00 TP8= @ 168.79 TP9= @ 216.75 TP10= @ 264.75 TP11= @ 333.27 TP12= @ 420.31 TP13= Free
BLong
by ForecastCity
There is a trading opportunity to buy in DGBUSDTechnical analysis: . DigiByte/USDollar 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 38. . While the RSI downtrend is not broken, bearish wave in price would continue. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.022 to 0.015). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.022) Ending of entry zone (0.015) 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= @ 0.031 TP2= @ 0.037 TP3= @ 0.049 TP4= @ 0.068 TP5= @ 0.089 TP6= @ 0.109 TP7= @ 0.136 TP8= Free
DLong
by ForecastCity
A great opportunity to buy in XAUUSD.Midterm forecast: There is no trend in the market and the price is in a range bound, but we forecast an uptrend wave above 1183.15 would begin in Midterm. Technical analysis: The RSI resistance #1 at 53 is broken, so the probability of beginning of uptrend is increased. While the RSI uptrend #2 is not broken, bullish wave in price would continue. Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. Relative strength index (RSI) is 62. Trading suggestion: There is possibility of temporary retracement to suggested Buy Zone (1217.25 to 1204.15). 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 (1217.25) Ending of entry zone (1204.15) 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 : @1240.00 TP2 : @1262.50 TP3 : @1287.00 TP4 : @1308.85 TP5 : @1324.15 TP6 : @1366.05 TP7 : Free
FX:XAUUSDLong
by ForecastCity
There is a trading opportunity to buy in NEOUSDTechnical analysis: . NEO/DOLLAR 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 40. . While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (16.259 to 13.665). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (16.259) Ending of entry zone (13.665) 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= @ 0.00019800 TP2= @ 0.00021500 TP3= @ 0.00025500 TP4= @ 0.00031580 TP5= @ 0.00049700 TP6= @ 0.00051700 TP7= @ 0.00060700 TP8= @ 0.00073500 TP9= @ 0.00089900 TP10= Free
NLong
by ForecastCity
1
A great opportunity to buy in AUDUSDMidterm forecast: 0.7160 is a major resistance, while this level is not broken, the Midterm wave will be downtrend. Technical analysis: While the RSI resistance #1 at 55 is not broken, the probability of price increase would be too low. A peak is formed in daily chart at 0.7160 on 10/17/2018, so more losses minimum to Buy Zone (0.7085 to 0.7020) 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 43. Trading suggestion: There is possibility of temporary retracement to suggested Buy Zone (0.7085 to 0.7020). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone. While the price is below the level 0.7105, the probability of beginning of uptrend is too weak, so we would enter the market with buy trades based on Daily-Trading-Opportunities and a day close price above 0.7105 and expect to reach short-term targets. Beginning of entry zone (0.7085) Ending of entry zone (0.7020) 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 : @0.7160 TP2 : @0.7230 TP3 : @0.7320 TP4 : @0.7445 TP5 : @0.7575 TP6 : @0.7655 TP7 : @0.7805 TP8 : @0.8135 TP9 : Free
Long
by ForecastCity
A trading opportunity to buy in BATUSDTechnical analysis: . BasicAttentionToken/Dollar 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 51. . The price downtrend and the RSI downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.175 to 0.130). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.175) Ending of entry zone (0.130) 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= @ 0.242 TP2= @ 0.278 TP3= @ 0.312 TP4= @ 0.362 TP5= @ 0.424 TP6= @ 0.516 TP7= @ 0.676 TP8= @ 0.903 TP9= @ 1.043 TP10= Free
BITTREX:BATUSDLong
by ForecastCity
There is a possibility for the beginning of an uptrend in LSKUSDTechnical analysis: . Lisk/Dollar 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. . While the RSI downtrend is not broken, bearish wave in price would continue. . The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (2.79 to 1.70). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (2.79) Ending of entry zone (1.70) 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= @ 4.72 TP2= @ 6.00 TP3= @ 7.19 TP4= @ 9.95 TP5= @ 11.63 TP6= @ 14.57 TP7= @ 17.31 TP8= @ 33.05 TP9= Free
LLong
by ForecastCity
GBPUSD Intraday ForecastAs we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1.288. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=1.28. TP4: S2=1.275. Set the stoploss of these orders at breakout of R2=1.292. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of R2=1.292. In this situation, there is an expectation to reach the target R3=1.303. Set the stoploss of reverse orders at breakout of R1=1.288. 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! ALL OF OUR INTRADAY FORECASTS ARE VALID FOR 24 HOURS FROM RELEASE TIME.
Short
by ForecastCity
USDJPY Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=112.3. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=112.8. TP4: R2=113.25. Set the stoploss of these orders at breakout of S2=112.1. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of S2=112.1. In this situation, there is an expectation to reach the target S3=111.45. Set the stoploss of reverse orders at breakout of S1=112.3. 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! ALL OF OUR INTRADAY FORECASTS ARE VALID FOR 24 HOURS FROM RELEASE TIME.
Long
by ForecastCity
NZDUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.652. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.656. TP4: R2=0.6575. Set the stoploss of these orders at breakout of S2=0.6505. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.6505. In this situation, there is an expectation to reach the target S3=0.6435. Set the stoploss of reverse orders at breakout of S1=0.652. 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! ALL OF OUR INTRADAY FORECASTS ARE VALID FOR 24 HOURS FROM RELEASE TIME.
Long
by ForecastCity
NZDUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.6495. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.654. TP4: R2=0.657. Set the stoploss of these orders at breakout of S2=0.648. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.648. In this situation, there is an expectation to reach the target S3=0.641. Set the stoploss of reverse orders at breakout of S1=0.6495. 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! ALL OF OUR INTRADAY FORECASTS ARE VALID FOR 24 HOURS FROM RELEASE TIME.
Long
by ForecastCity
A trading opportunity to buy in QSHUSDTechnical analysis: . QASH/DOLLAR 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 53. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.21470 to 0.13220). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.21470) Ending of entry zone (0.13220) 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= @ 0.31873 TP2= @ 0.35712 TP3= @ 0.49634 TP4= @ 0.60814 TP5= @ 0.71895 TP6= @ 0.87943 TP7= @ 1.08299 TP8= @ 1.36725 TP9= Free
QLong
by ForecastCity
There is a possibility for the beginning of an uptrend in GNTUSDTechnical analysis: . GOLEM/DOLLAR 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 49. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.147 to 0.114). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.147) Ending of entry zone (0.114) 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= @ 0.2755 TP2= @ 0.3755 TP3= @ 0.4565 TP4= @ 0.6530 TP5= @ 0.8000 TP6= @ 1.1000 TP7= Free
GLong
by ForecastCity
1
USDCAD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.301. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=1.308. TP4: R2=1.3125. Set the stoploss of these orders at breakout of S2=1.2995. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of S2=1.2995. In this situation, there is an expectation to reach the target S3=1.2925. Set the stoploss of reverse orders at breakout of S1=1.301. 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! ALL OF OUR INTRADAY FORECASTS ARE VALID FOR 24 HOURS FROM RELEASE TIME.
Long
by ForecastCity
There is a possibility for the beginning of an uptrend in WTCUSDTechnical analysis: . WALTON/DOLLAR 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 54. . The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (3.067200 to 1.817900). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (3.067200) Ending of entry zone (1.817900) 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= @ 5.105280 TP2= @ 6.346210 TP3= @ 7.934270 TP4= @ 10.052800 TP5= @ 11.698000 TP6= @ 14.732200 TP7= @ 17.794500 TP8= @ 22.121000 TP9= @ 27.661900 TP10= @ 42.177100 TP11= Free
WLong
by ForecastCity
USDJPY Intraday ForecastAs we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=113.35. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=112.8. TP4: S2=112.45. Set the stoploss of these orders at breakout of R2=113.55. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of R2=113.55. In this situation, there is an expectation to reach the target R3=114.2. Set the stoploss of reverse orders at breakout of R1=113.35. 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! ALL OF OUR INTRADAY FORECASTS ARE VALID FOR 24 HOURS FROM RELEASE TIME.
Short
by ForecastCity
A great opportunity to buy in Turkish Lira.Midterm forecast: There is no trend in the market and the price is in a range bound, but we forecast an uptrend wave above 5.0000 would begin in Midterm. Technical analysis: The RSI support #1 at 48 is broken, so the probability of resumption of uptrend is decreased. While the RSI downtrend #2 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 47. Trading suggestion: There is a possibility of temporary retracement to suggested Buy Zone (5.90150 to 5.6870). if so, we would set orders based on Daily-Trading-Opportunities and expect to reach short-term targets. Beginning of entry zone (5.9015) Ending of entry zone (5.6870) 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 : @6.2090 TP2 : @6.3325 TP3 : @6.4820 TP4 : @6.6680 TP5 : @6.8320 TP6 : @7.0000 TP7 : @7.1200 TP8 : Free
Long
by ForecastCity