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E-DOLLAR

💡Don't miss the great buy opportunity in USDCHFTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.915). 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 below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 50. Take Profits: TP1= @ 0.9215 TP2= @ 0.9235 TP3= @ 0.9295 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
4
💡 Two Sell opportunity in NZDUSD , Mid-Term & Short-TermMid-Term Forecast: Second Chance Trade Setup summary: Profit targets= 3923 pip = { TP1=104 + TP2=219 + TP3=344 + TP4=579 + TP5=639 + TP6=789 + TP7=1249 } Stop Loss = 497 pip Reward/Risk > 7.9 : 1 New Trading suggestion: ". There is still a possibility of temporary retracement to suggested resistance line (0.6719) again. if so, traders can set orders based on Price Action and expect to reach short-term targets." New Take Profits: TP1 = @0.6615 TP2 = @0.6500 TP3 = @0.6375 TP4 = @0.6240 TP5 = @0.6080 TP6 = @0.5930 TP7 = @0.5470 TP8 = Free SL= Break above 0.6790 -------------------------------------------------------------------------------------------------- Current Status of First Sell: Total Profit: 570 Closed trade(s): 52 Profit Open trade(s): 518 Profit Trade Setup: We opened 8 Sell trade(s) @ 0.6667 based on 'previous Forecast' at 09.21.2020: Closed Profit: TP1 @ 0.6615 touched at 2020.07.28 with 52 Profit. Open Profit: Open trade is 0.6593(current price) - 0.6667(open price) = 74 7 trade(s) still open, therefore total profit for open trade(s) is 74 x 7 = 518 Technical analysis: . NZDUSD 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 44. ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Short-Term Forecast Trading suggestion: ". There is still a possibility of temporary retracement to suggested resistance line (0.6614). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . NZDUSD is in a downtrend and the continuation of downtrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 38. Take Profits: TP1= @ 0.6575 TP2= @ 0.6500 TP3= @ 0.6446 TP4= @ 0.6375 TP5= @ 0.6333 SL: Break Above R2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity_ME
2
Don't miss the great buy opportunity in USDJPYTrading suggestion: ". There is a possibility of temporary retracement to suggested support line (105.79). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . USDJPY is in a uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 65. Take Profits: TP1= @ 106.23 TP2= @ 106.55 TP3= @ 107.70 TP4= @ 108.15 TP5= @ 108.18 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
2
Don't miss this sell opportunity in AUDUSDTrading suggestion: ". There is still a possibility of temporary retracement to suggested resistance line (0.7190). 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 dynamic support. . The RSI is at 50. Take Profits: TP1= @ 0.7134 TP2= @ 0.7076 TP3= @ 0.7005 TP4= @ 0.6971 TP5= @ 0.6920 SL: Break Above R2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity_ME
7
Don't miss the great buy opportunity in USDJPYThis is a Sample Forecast Intraday Forecast With 14 hours delay Trading suggestion: . There is a possibility of temporary retracement to suggested support line (105.5). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDJPY 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 50. Take Profits: TP1= @ 106.0 TP2= @ 106.3 TP3= @ 106.5 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
1
GOLD (XAUUSD) - Weekly Technical Analysis UpdateMidterm forecast: While the price is below the resistance 1920.00, continuation of downtrend is expected. We make sure when the support at 1747.50 breaks. If the resistance at 1920.00 is broken, the short-term forecast -continuation of downtrend- will be invalid. Technical analysis: The Falling Wedge taking shape and as a bullish pattern suggests we will soon see another leg higher if price breaks and closes above downtrend. While the RSI resistance #1 at 51 is not broken, the probability of price increase would be too low. A trough is formed in daily chart at 1846.50 on 09/28/2020, so more gains to resistance(s) 1909.00 and maximum to Major Resistance (1920.00) 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 46. ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
FX:XAUUSD
by ForecastCity_ME
12
2 Sell opportunity in XAUUSD , Mid-Term & IntradayMid-Term Forecast: Trading suggestion: ". There is still a possibility of temporary retracement to suggested resistance line (1909.00). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . XAUUSD is in a downtrend and the continuation of downtrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 48. Take Profits: TP1= @ 1851.00 TP2= @ 1817.75 TP3= @ 1747.00 TP4= @ 1695.00 TP5= @ 1557.00 SL: Break Above 1934.00 ----------------------------------------------------------------------------------------------------------------- Short-Term Forecast: Trading suggestion: ". There is still a possibility of temporary retracement to suggested resistance line (1909.00). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . XAUUSD is in a downtrend and the continuation of downtrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 70. Take Profits: TP1= @ 1884.00 TP2= @ 1875.00 TP3= @ 1866.00 TP4= @ 1848.60 TP5= @ 1818.00 SL: Break Above 1925.00 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
OANDA:XAUUSDShort
by ForecastCity_ME
15
Don't miss the great buy opportunity in USDCHFTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.9165). 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. . The RSI is at 50. Take Profits: TP1= @ 0.9220 TP2= @ 0.9245 TP3= @ 0.9295 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
5
Ascending Triangle in USDCAD - "Learn More Earn More" With USUSDCAD is coiling for its next move. The higher lows suggest strength, but USDCAD needs to secure a close above 1.34200 to open the door to the 1.35000 area. Keep an eye on 1.33720 in the event of a pullback. ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Education
by ForecastCity_ME
12
Two buy opportunities on this chart for USDZARMid-Term Forecast: Trading suggestion: . There is a possibility of temporary retracement to suggested support line (16.545). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDZAR 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. Take Profits: TP1= @ 17.2610 TP2= @ 17.7630 TP3= @ 18.6940 TP4= @ 19.3420 TP5= @ 21.4450 SL= Break below S3 -------------------------------------------------------------------------------------------------- Short-Term Forecast: Trading suggestion: . There is a possibility of temporary retracement to suggested support line (16.784). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDZAR 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 55. Take Profits: TP1= @ 17.2610 TP2= @ 17.5260 TP3= @ 17.7655 TP4= @ 18.1270 TP5= @ 18.6915 SL= Break below S3 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
9
SILVER (XAGUSD) - Weekly Technical Analysis UpdateMidterm forecast: While the price is below the resistance 25.65, continuation of downtrend is expected. We make sure when the support at 19.65 breaks. If the resistance at 25.65 is broken, the short-term forecast -continuation of downtrend- will be invalid. Technical analysis: The RSI support #1 at 52 is broken, so the probability of continuation of downtrend is increased. While the RSI downtrend #2 is not broken, bearish wave in price would continue. A peak is formed in daily chart at 28.85 on 09/01/2020, so more losses to support(s) 22.15, 21.00 and minimum to Major Support (19.65) 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 31. ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
FOREXCOM:XAGUSD
by ForecastCity_ME
4
USD/JPY TO GO BEARISH IN COMING DAYSON DAILY TIME FRAME = There is a Fibonacci retracement level of 0.618 between the levels of 106.352 and 104.019 ON HOURLY TIME FRAME = Level of 105.530 has been rejected several times. Also we can find a downward trend on overall chart So, from above observation there is a lot of probability that in coming days USD may be Bearish and JPY may be Bullish. once it crosses the level of 105.204 then it can continue to the level of 104.058 and we can put our stop loss at 105.598 which gives us RISK/REWARD ratio of 2.62. Enter trade = 105.204 Stop Loss = 105.598 Take Profit = 104.058
by EasteriaFox
Two buy opportunities on this chart for USDCHFMid-Term Forecast: Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (0.9120). . 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. . The RSI is at 62. Take Profits: TP1= @ 0.9251 TP2= @ 0.9360 TP3= @ 0.9465 TP4= @ 0.9550 TP5= @ 0.9900 SL= Break below S3 ---------------------------------------------------------------------------------------------------------------- Short-Term Forecast: Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (0.9186). . 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. . The RSI is at 71. Take Profits: TP1= @ 0.9253 TP2= @ 0.9320 TP3= @ 0.9374 TP4= @ 0.9432 TP5= @ 0.9529 SL= Break below S3 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
6
Two great sell opportunities on this chart for NZDUSDMid-Term Forecast: Midterm forecast: While the price is below the resistance 0.6790, beginning of downtrend is expected. We make sure when the support at 0.6585 breaks. If the resistance at 0.6790 is broken, the short-term forecast -beginning of downtrend- will be invalid. Technical analysis: While the RSI uptrend #1 is not broken, bullish wave in price would continue. A peak is formed in daily chart at 0.6790 on 09/02/2020, so more losses minimum to Major Support (0.6585) 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 62. Take Profits: TP1 = @0.6585 TP2 = @0.6500 TP3 = @0.6375 TP4 = @0.6240 TP5 = @0.6080 TP6 = @0.5930 TP7 = @0.5470 TP8 = Free -------------------------------------------------------------------------------------------------------------------------------------------- Intraday Forecast: Trading suggestion: ". There is still a possibility of temporary retracement to suggested resistance line (0.6705). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . NZDUSD is in a downtrend and the continuation of downtrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 24. Take Profits: TP1= @ 0.6665 TP2= @ 0.6655 TP3= @ 0.6640 TP4= @ 0.6600 SL: Break Above 0.6750 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity_ME
1
Don't miss the great buy opportunity in USDCADTrading suggestion: . There is a possibility of temporary retracement to suggested support line (1.3245). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDCAD 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 85. Take Profits: TP1= @ 1.3310 TP2= @ 1.3330 TP3= @ 1.3395 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
1
GOLD (XAUUSD) - Weekly Technical Analysis UpdateMidterm forecast: While the price is above the support 1901.20, resumption of uptrend is expected. We make sure when the resistance at 2075.05 breaks. If the support at 1901.20 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: The symmetrical triangle taking shape and as a continuation pattern suggests we will soon see another leg higher if price breaks and closes above the downtrend line of the triangle. While the RSI support #1 at 45 is not broken, the probability of price decrease would be too low. A peak is formed in daily chart at 1991.10 on 09/01/2020, so more losses minimum to Major Support (1901.20) 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 52. ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
FX:XAUUSDShort
by ForecastCity_ME
5
NEOUSD Third Chance: Profit=203% SL=24% Reward/Risk > 8.4:1Third Chance Trade Setup summary: Profit targets=203% = {TP6 = 16% + TP7 = 37% + TP8 = 61% + TP9 = 89%} Stop Loss =24% Reward/Risk > 8.4 : 1 New Trading suggestion: ". There is still a possibility of temporary retracement to suggested support line (23.0500) again. if so, traders can set orders based on Price Action and expect to reach short-term targets." New Take Profits: TP6= @ 26.74600 (New) TP7= @ 31.80547 (New) TP8= @ 37.11919 (New) TP9= @ 43.73804 (New) SL= Break below 21.63000 -------------------------------------------------------------------------------------------------- Status of previous trades: Total Profit: 485% Closed trade(s): 399% + 86% = 485% Profit Open trade(s): 0% Profit First Buy Trade Setup: We opened 5 BUY trade(s) @ 9.86354 based on 'previous Forecast' at 27.07.2020: Second Buy Trade Setup: We opened 2 BUY trade(s) @ 15.65555 based on 'previous Forecast' at 09.07.2020: First Buy Closed Profit: TP1 @ 12.55810 touched at 2020.07.28 with 27% Profit. TP2 @ 14.50133 touched at 2020.08.10 with 47% Profit. TP3 @ 16.87258 touched at 2020.08.17 with 71% Profit. TP4 @ 20.61120 touched at 2020.08.24 with 108% Profit. TP5 @ 24.30101 touched at 2020.09.17 with 146% Profit. 27% + 47% + 71% + 108% + 146% = 399% Second Buy Closed Profit: TP4 @ 20.61120 touched at 2020.09.12 with 31% Profit. TP5 @ 24.30101 touched at 2020.09.17 with 55% Profit. 31% + 55% = 86% Technical analysis: . NEOUSD is in an uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 67. ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
NLong
by ForecastCity_ME
9
Don't miss the great sell opportunity in AUDUSDTrading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.7325). 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 dynamic support. . The RSI is at 50. Take Profits: TP1= @ 0.7265 TP2= @ 0.7240 TP3= @ 0.7190 SL: Break Above R2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity_ME
11
Don't miss the great sell opportunity in EURUSDTrading suggestion: ". There is still a possibility of temporary retracement to suggested resistance line (1.1952 & 1.1917). 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 above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 56. Take Profits: TP1= @ 1.1753 TP2= @ 1.1688 TP3= @ 1.1588 TP4= @ 1.1490 TP5= @ 1.1170 SL: Break Above R3 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity_ME
6
SILVER (XAGUSD) - Weekly Technical Analysis UpdateMidterm forecast: While the price is above the support 25.65, resumption of uptrend is expected. We make sure when the resistance at 29.85 breaks. If the support at 25.65 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: The RSI uptrend #1 is broken, so the probability of resumption of uptrend is decreased. While the RSI support #2 at 52 is not broken, the probability of price decrease would be too low. A peak is formed in daily chart at 28.85 on 09/01/2020, so more losses to support(s) 26.20 and minimum to Major Support (25.65) 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 53. ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
FOREXCOM:XAGUSD
by ForecastCity_ME
4