A trading opportunity to buy in EURCADMidterm forecast:
While the price is above the support 1.4750, beginning of uptrend is expected.
We make sure when the resistance at 1.5285 breaks.
If the support at 1.4750 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:
While the RSI resistance #1 at 62 is not broken, the probability of price increase would be too low.
A peak is formed in daily chart at 1.5180 on 05/09/2019, so more losses to support(s) 1.5010, 1.4915, 1.4820 and minimum to Major Support (1.4750) 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 45.
Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (1.4820 to 1.4750). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (1.4820)
Ending of entry zone (1.4750)
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= @ 1.4915
TP2= @ 1.5010
TP3= @1.5115
TP4= @ 1.5195
TP5= @ 1.5285
TP6= @ 1.5360
TP7=@ 1.5450
TP8= @ 1.5640
TP9= @ 1.6150
TP10= Free
EUR (Euro)
EURJPY Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=122.45.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=123.1.
TP4: R2=123.6.
Set the stoploss of these orders at breakout of S2=122.1.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=122.1.
In this situation, there is an expectation to reach the target S3=121.1.
Set the stoploss of reverse orders at breakout of S1=122.45.
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!
EURUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.1205.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=1.125.
TP4: R2=1.1265.
Set the stoploss of these orders at breakout of S2=1.1185.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=1.1185.
In this situation, there is an expectation to reach the target S3=1.111.
Set the stoploss of reverse orders at breakout of S1=1.1205.
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!
EURUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.118.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=1.122.
TP4: R2=1.126.
Set the stoploss of these orders at breakout of S2=1.117.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=1.117.
In this situation, there is an expectation to reach the target S3=1.1105.
Set the stoploss of reverse orders at breakout of S1=1.118.
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 trading opportunity to buy in EURCADMidterm forecast:
While the price is above the support 1.4750, beginning of uptrend is expected.
We make sure when the resistance at 1.5285 breaks.
If the support at 1.4750 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:
While the RSI downtrend #1 is not broken, bearish wave in price would continue.
A peak is formed in daily chart at 1.5153 on 04/16/2019, so more losses to support(s) 1.4915, 1.4820 and minimum to Major Support (1.4750) 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 45.
Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (1.4820 to 1.4750). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (1.4820)
Ending of entry zone (1.4750)
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= @ 1.4915
TP2= @ 1.5010
TP3= @1.5115
TP4= @ 1.5195
TP5= @ 1.5285
TP6= @ 1.5360
TP7=@ 1.5450
TP8= @ 1.5640
TP9= @ 1.6150
TP10= Free
EURUSD Intraday ForecastAs we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1.118.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: S1=1.114.
TP4: S2=1.112.
Set the stoploss of these orders at breakout of R2=1.119.
Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of R2=1.119.
In this situation, there is an expectation to reach the target R3=1.1255.
Set the stoploss of reverse orders at breakout of R1=1.118.
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 trading opportunity to sell in EURCHFMidterm forecast:
While the price is below the resistance 1.1500, beginning of downtrend is expected.
We make sure when the support at 1.1320 breaks.
If the resistance at 1.1500 is broken, the short-term forecast -beginning of downtrend- will be invalid.
Technical analysis :
A peak is formed in daily chart at 1.1475 on 04/23/2019, so more losses to support(s) 1.1385, 1.1355 and minimum to Major Support (1.1320) 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 61.
Trading suggestion:
There is possibility of temporary retracement to suggested Sell Zone (1.1430 to 1.1475). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.
We would set sell orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (1.1430)
Ending of entry zone (1.1475)
Entry signal:
Signal to enter the market occurs when the price comes to " Sell zone " then forms one of the reversal patterns, whether " Shooting Star " or " Peak ", 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 special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 1.1385
TP2= @ 1.1355
TP3= @ 1.1320
TP4= @ 1.1225
TP5= @ 1.1160
TP6= Free
EURJPY Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=125.85.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=126.3.
TP4: R2=126.5.
Set the stoploss of these orders at breakout of S2=125.65.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=125.65.
In this situation, there is an expectation to reach the target S3=124.8.
Set the stoploss of reverse orders at breakout of S1=125.85.
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 EURJPYTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (125.85). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURJPY 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.
Take Profits:
TP1= @ 126.34
TP2= @ 126.75
TP3= @ 127.50
SL= @ 125.65
A trading opportunity to buy in EURCADMidterm forecast:
While the price is above the support 1.4750, beginning of uptrend is expected.
We make sure when the resistance at 1.5360 breaks.
If the support at 1.4750 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:
While the RSI downtrend #1 is not broken, bearish wave in price would continue.
A trough is formed in daily chart at 1.4905 on 04/02/2019, so more gains to resistance(s) 1.5115, 1.5195, 1.5285 and maximum to Major Resistance (1.5360) 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 50.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (1.4820 to 1.4860). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (1.4820)
Ending of entry zone (1.4860)
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 Profit:
TP1= @ 1.4915
TP2= @ 1.5010
TP3= @1.5115
TP4= @ 1.5195
TP5= @ 1.5285
TP6= @ 1.5360
TP7=@ 1.5450
TP8= @ 1.5640
TP9= @ 1.6150
TP10= Free
EURUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.129.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=1.1325.
TP4: R2=1.1345.
Set the stoploss of these orders at breakout of S2=1.128.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=1.128.
In this situation, there is an expectation to reach the target S3=1.1215.
Set the stoploss of reverse orders at breakout of S1=1.129.
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!
EURUSD Approaching Resistance, Prepare For A Reversal EURUSD is approaching its resistance at 1.1295 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal pullback resistance) where it is expected to reverse down to its support at 1.1219( 61.8% Fibonacci retracement).
Stochastic (34, 5, 3) is approaching its resistance at 96% where a corresponding reversal is expected.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
A trading opportunity to Buy in EURCADMidterm forecast:
While the price is above the support 1.4750, beginning of uptrend is expected.
We make sure when the resistance at 1.5115 breaks.
If the support at 1.4750 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:
The RSI bounced from the resistance #1 at 48 and it prevented price from more gains.
A peak is formed in daily chart at 1.5060 on 02/14/2019, so more losses to support(s) 1.4820 and minimum to Major Support (1.4750) 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 41.
Trading suggestion:
There is possibility of temporary retracement to suggested Buy Zone (1.4820 to 1.4750). 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 (1.4820)
Ending of entry zone (1.4750)
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 = @1.4915
TP2 = @1.5010
TP3 = @1.5115
TP4 = @1.5285
TP5 = @1.5450
TP6 = @1.5640
TP7 = @1.6150
TP8 = Free
A trading opportunity to Sell in EURNZDMidterm forecast:
While the price is below the resistance 1.7390, beginning of downtrend is expected.
We make sure when the support at 1.6325 breaks.
If the resistance at 1.7390 is broken, the short-term forecast -beginning of downtrend- will be invalid.
Technical analysis:
While the RSI downtrend #1 is not broken, bearish wave in price would continue.
A peak is formed in daily chart at 1.6410 on 02/15/2019, so more losses minimum to Major Support (1.6325) 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 44.
Trading suggestion:
There is possibility of temporary retracement to suggested Sell Zone (1.7115 to 1.7230). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.
Beginning of entry zone (1.7115)
Ending of entry zone (1.7230)
Entry signal:
Signal to enter the market occurs when the price comes to " Sell zone " then forms one of the reversal patterns, whether " Shooting Star " or " Peak ", 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 special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1 : @1.6965
TP2 : @1.6815
TP3 : @1.6565
TP4 : @1.6325
TP5 : @1.5830
TP6 : @1.5255
TP7 : @1.4535
TP8 : @1.3875
TP9 : Free
A trading opportunity to Sell in EURAUDMidterm forecast:
There is no trend in the market and the price is in a range bound, but we forecast beginning of downtrend.
Technical analysis:
A peak is formed in daily chart at 1.6780 on 01/03/2019, so more losses to support(s) 1.5670, 1.5530, 1.5345 and more depths 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 44.
Trading suggestion:
There is possibility of temporary retracement to suggested Sell Zone (1.6355 to 1.6160). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.
Beginning of entry zone (1.6355)
Ending of entry zone (1.6160)
Entry signal:
Signal to enter the market occurs when the price comes to " Sell zone " then forms one of the reversal patterns, whether " Shooting Star " or " Peak ", 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 special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1 : @1.5885
TP2 : @1.5670
TP3 : @1.5530
TP4 : @1.5345
TP5 : @1.5075
TP6 : @1.4910
TP7 : @1.4670
TP8 : @1.4040
TP9 : @1.3675
TP10 : Free
EUR CHF - Daily ChartEUR CHF - Daily. We feel the pair has broken out of Downtrend as lower highs has been broken. However, still it cant be said that the pair is in uptrend. Prices are reversing from the resistance zone. Will have to wait till the breakout above Resistance Zone for saying that the pair is in uptrend.
EURJPY Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=124.1.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=125.
TP4: R2=125.25.
Set the stoploss of these orders at breakout of S2=123.9.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=123.9.
In this situation, there is an expectation to reach the target S3=122.85.
Set the stoploss of reverse orders at breakout of S1=124.1.
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!