As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.144. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=1.15. TP4: R2=1.155. Set the stoploss of these orders at breakout of S2=1.1425. 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=129. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=128.3. TP4: S2=127.85. Set the stoploss of these orders at breakout of R2=129.15. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of...
Technical analysis: . RIPPLE/EURO 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 67. . The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a...
Prices could retrace all the way back to 130 levels as resistance is not being able to be broken on the short timeframe.
Target set at 1.14 for the shorts
Short at Market Price - Aim for previous support at 1.6000 as targets
Midterm forecast: While the price is below the resistance 1.7820, beginning of downtrend is expected. We make sure when the support at 1.7380 breaks. If the resistance at 1.7820 is broken, the short-term forecast -beginning of downtrend- will be invalid. Trading suggestion: Price is in the Trend Hunter Sell Zone (1.7480 to 1.7705). We would set sell orders...
Technical analysis: . RIPPLE/EURO 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 67. . The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a...
EURUSD Technical Overview: Pivot: 1.1670 Key Resistance: 1.1645 - 1.1670 - 1.1698 - 1.1720 - 1.15-735 Key Support: 1.1620 - 1.1598 - 1.1584 - 1.1565 - 1.1535 Day Trading Range: 1.1545 - 1.1655 Technical Indicator: RSI: RSI lacks bullish divergence, moving under oversold condition. Moving Average: CMP 1.1622 Price is moving under Simple moving average 200 &...
EURUSD Technical Overview: Pivot: 1.1745 (Time of writing EURUSD 1.1705) Key Resistance: 1.1718 - 1.1739 - 1.1758 - 1.1788 - 1.1820 Key Support: 1.1688 - 1.1665 - 1.1645 - 1.1624 - 1.1610 Day Trading Range: 1.1625 - 1.1745 Technical Indicator: RSI: The RSI moving around 30 level, from this pair can take some pull back but strong downward momentum. MACD:...
As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=132.6. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=131.9. TP4: S2=131.5. Set the stoploss of these orders at breakout of R2=133.1. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of...
Midterm forecast: There is no trend in the market and the price is in a range bound, but we forecast an uptrend wave above 1.1300 would begin in Midterm. Trade Setup: We opened 8 BUY trade(s) @ 1.1677 (day close price) based on 'Vale & Two-day reversal candle' at 2018.08.27 signaled by DTO. Total Profit: 40 pip Closed trade(s): 0 pip Profit Open trade(s):...
Midterm forecast: While the price is below the resistance 0.9305, beginning of downtrend is expected. We make sure when the support at 0.8965 breaks. If the resistance at 0.9305 is broken, the short-term forecast -beginning of downtrend- will be invalid. Trading suggestion: There is a possibility of temporary retracement to suggested resistance zone (0.9045 to...
Rischio: -20 pips Rendimento: + 20 pips Rapporto Rischio/Rendimento: +100% Probabilità teorica: >70%. Probabilità effettiva: 92,6 % Rendimento cumulato: +629 pips
Midterm forecast: While the price is below the resistance 1.6190, resumption of downtrend is expected. We make sure when the support at 1.5275 breaks. If the resistance at 1.6190 is broken, the short-term forecast -resumption of downtrend- will be invalid. Trading suggestion: There is a possibility of temporary retracement to suggested resistance zone (1.5825...
Midterm forecast: There is no trend in the market and the price is in a range bound, but we forecast an uptrend wave above 1.7115 would begin in Midterm. Trading suggestion: Price is in the Sell Zone (1.7295 to 1.7480). We would set sell orders based on Daily-Trading-Opportunities and expect to reach short-term targets. Beginning of entry zone (1.7295)...
Technical analysis: . MONERO/EURO 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 47. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility of...
Technical analysis: . ZCASH/ETHEREUM 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 57. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility of...