Its very clear , GBPUSD prices oscilates between 1.31750 and 1.29750 for the past 2 weeks, it means this pair moves sideways , since the dollar weakness and UK economy conditions failed to make a impact the pair's move..this week also i expect the same like the past 2 weeks.. Note- predictions based on price action analysis, may change based on major news also..
Midterm forecast: While the price is below the resistance 29.85, beginning of downtrend is expected. We make sure when the support at 19.65 breaks. If the resistance at 29.85 is broken, the short-term forecast -beginning of downtrend- will be invalid. Technical analysis: The RSI uptrend #1 is broken, so the probability of beginning of downtrend is...
Trade Setup summary: Profit targets=22850 pip (3270 + 6970 + 12610) Stop Loss =7050 pip Reward/Risk > 3.2: 1 Current Status: Total Profit: 42250 pip Closed trade(s): 13150 pip Profit Open trade(s): 29100 pip Profit Trade Setup: We opened 5 BUY trade(s) @ 339.00 based on 'previous Forecast' at 2020.08.02 : Closed...
Trade Setup summary: Profit targets=4230 pip (420 + 710 + 1330 + 1770) Stop Loss =760 pip Reward/Risk > 5.5: 1 Current Status: Total Profit: 2415 pip Closed trade(s): 1280 pip Profit Open trade(s): 1135 pip Profit Trade Setup: We opened 3 BUY trade(s) @ 0.01400 based on 'previous Forecast' at 2020.05.10 : Closed...
Trade Setup summary: Profit targets=2605372 pip (194323 + 431448 + 805310 + 1174291) Stop Loss =423240 pip Reward/Risk > 6.1:1 Current Status: Total Profit: 1922075 pip Closed trade(s): 733235 pip Profit Open trade(s): 1188840 pip Profit Trade Setup: We opened 5 BUY trade(s) @ 9.86354 based on 'previous Forecast' at 2020.07.09 : Closed Profit: TP1 @...
Trade Setup summary: Profit targets=10200 pip (3000 + 7200) Stop Loss =2400 pip Reward/Risk > 4.2: 1 Current Status: Total Profit: 17100 pip Closed trade(s): 4300 pip Profit Open trade(s): 12800 pip Profit Trade Setup: We opened 3 BUY trade(s) @ 0.014 based on 'previous Forecast' at 2020.05.10 : Closed Profit: TP1 @ 0.0183 touched at 2020.06.08 with...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1.178). 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...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (106.15). 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. ....
Dollar index at 93.24, 92.5 Level to watch on daily chart , breaking 92.5 levels can take DXY to 91 Levels.
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.2901). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . XRPUSD 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...
Trading suggestion: . There is a possibility of temporary retracement to suggested Resistance line (2036) or also on uptrend breakup. if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . XAUUSD is in a range bound and the beginning of down trend is expected. . The price is above the 21-Day...
Trade Setup summary: Profit targets=19400 pip (7300 + 12100) Stop Loss =5400 pip Reward/Risk > 3.6: 1 Current Status: Total Profit: 19500 pip Closed trade(s): 4300 pip Profit Open trade(s): 15200 pip Profit Trade Setup: We opened 3 BUY trade(s) @ 0.014 based on 'previous Forecast' at 2020.05.10 : Closed Profit: ...
Midterm forecast: . While the price is below the resistance 43.60, beginning of downtrend is expected. . We make sure when the support at 30.85 breaks. . If the resistance at 43.60 is broken, the short-term forecast -beginning of downtrend- will be invalid. Technical analysis: . There is a divergence in RSI and price between the peak at 40.565 on 2020-06-08...
Midterm forecast: 1939.45 is a major support, while this level is not broken, the Midterm wave will be uptrend. Technical analysis: While the RSI uptrend #1 is not broken, bullish wave in price would continue. A peak is formed in daily chart at 1818.00 on 07/07/2020, so more losses to support(s) 2000.00, 1970.20 and minimum to Major Support (1939.45) is...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.664). 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 dynamic...
Trading suggestion: . There is a possibility of temporary retracement to suggested Resistance line (1.1819). 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 dynamic...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.3333). 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 below the 21-Day WEMA which acts as a dynamic...
Trade Setup summary: Profit targets=32250 pip (2350 + 5620 + 9320 + 14960) Stop Loss =11600 pip Reward/Risk > 2.8 : 1 Current Status: Total Profit: 29400 pip Closed trade(s): 5400 pip Profit Open trade(s): 24000 pip Profit Trade Setup: We opened 5 BUY trade(s) @ 339.00 based on 'previous Forecast' at 2020.08.02 : ...