As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=120.45. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=120.95. TP4: R2=121.15. Set the stoploss of these orders at breakout of S2=120.35. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.8478). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURGBP 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....
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.105. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=1.1095. TP4: R2=1.1115. Set the stoploss of these orders at breakout of S2=1.104. 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=120.3. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=119.7. TP4: S2=119.55. Set the stoploss of these orders at breakout of R2=120.4. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of...
As we forecast Yükseliş trend for this day, so Forecast City suggests buy (limit) above S1=1.099. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=1.103. TP4: R2=1.104. Set the stoploss of these orders at breakout of S2=1.098. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout...
As we forecast Düşüş trend for this day, so Forecast City suggests sell (limit) below R1=1.1065. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=1.101. TP4: S2=1.098. Set the stoploss of these orders at breakout of R2=1.1075. 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=121.8. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=122.5. TP4: R2=122.85. Set the stoploss of these orders at breakout of S2=121.5. 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=122.4. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=122.9. TP4: R2=123.15. Set the stoploss of these orders at breakout of S2=122.2. 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=122.15. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=122.7. TP4: R2=122.9. Set the stoploss of these orders at breakout of S2=122. 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=1.112. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=1.116. TP4: R2=1.1175. Set the stoploss of these orders at breakout of S2=1.111. 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=122. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=122.5. TP4: R2=122.65. Set the stoploss of these orders at breakout of S2=121.8. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
Hi, here is my analisys for EURRUB pair baised on previous history, bullish pennants and Russian course on import substitution due to Oil price decreasing because of world economic slowing.
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.108. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=1.112. TP4: R2=1.1145. Set the stoploss of these orders at breakout of S2=1.1065. 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=121. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=121.75. TP4: R2=122.05. Set the stoploss of these orders at breakout of S2=120.75. 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=1.1135. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=1.118. TP4: R2=1.12. Set the stoploss of these orders at breakout of S2=1.1125. 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=1.1185. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=1.122. TP4: R2=1.124. Set the stoploss of these orders at breakout of S2=1.116. 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=1.1125. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=1.1175. TP4: R2=1.1195. Set the stoploss of these orders at breakout of S2=1.1105. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
Risk: -23 pips Gain: +43 pips Risk/Gain Ratio: +186,96 % Theoric Probability: > 70% Actual Probability: + 85,19 % Total Gain: +722,10 pips HAPPY CHRISTMAS!!