💡 Don't miss the great buy opportunity in EURCADTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.5495). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURCAD 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 66.
Take Profits:
TP1= @ 1.5600
TP2= @ 1.5665
TP3= @ 1.5735
TP4= @ 1.5825
TP5= @ 1.5975
SL= Break below S2
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Euro
💡 Don't miss the great buy opportunity in EURNZDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.681). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURNZD 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 60.
Take Profits:
TP1= @ 1.6975
TP2= @ 1.7068
TP3= @ 1.7218
TP4= @ 1.7345
TP5= @ 1.7475
SL= Break below S2
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💡 Don't miss the great sell opportunity in EURCHFTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.0783). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURCHF 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 40.
Take Profits:
TP1= @ 1.0748
TP2= @ 1.0727
TP3= @ 1.0697
TP4= @ 1.0659
TP5= @ 1.0600
TP6= @ 1.0505
SL: Break Above R2
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💡 Don't miss the great sell opportunity in EURUSDTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.2165). 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 resistance.
. The RSI is at 40.
Take Profits:
TP1= @ 1.2115
TP2= @ 1.2100
TP3= @ 1.2055
SL: Break Above R2
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💡Don't miss the great buy opportunity in EURAUD Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (1.5670).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURAUD 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 63.
Take Profits:
TP1= @ 1.5837
TP2= @ 1.5902
TP3= @ 1.6005
TP4= @ 1.6143
TP5= @ 1.6252
TP6= @ 1.6409
SL= Break below S2
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💡 Don't miss the great buy opportunity in EURCADTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.5363). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURCAD 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 62.
Take Profits:
TP1= @ 1.5490
TP2= @ 1.5565
TP3= @ 1.5665
TP4= @ 1.5735
TP5= @ 1.5825
SL= Break below S2
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💡 Don't miss the great sell opportunity in EURCHFTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.0797). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURCHF 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 30.
Take Profits:
TP1= @ 1.0745
TP2= @ 1.0710
TP3= @ 1.0665
TP4= @ 1.0600
TP5= @ 1.0505
SL: Break Above R2
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💡Don't miss the great sell opportunity in EURCADTrading suggestion:
". There is still a possibility of temporary retracement to suggested resistance line (1.5512).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURCAD 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 36.
Take Profits:
TP1= @ 1.5458
TP2= @ 1.5427
TP3= @ 1.5398
TP4= @ 1.5358
TP5= @ 1.5312
SL: Break Above R2
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💡 Don't miss the great sell opportunity in EURUSDTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.229). 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 42.
Take Profits:
TP1= @ 1.2215
TP2= @ 1.2180
TP3= @ 1.2125
SL: Break Above R2
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💡 Don't miss the great sell opportunity in EURJPYTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (126.75). 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 downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 48.
Take Profits:
TP1= @ 126.34
TP2= @ 125.70
TP3= @ 125.05
TP4= @ 123.95
TP5= @ 122.80
SL: Break Above R2
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💡 Don't miss the great buy opportunity in EURNZDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.7224). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURNZD 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= @ 1.7365
TP2= @ 1.7520
TP3= @ 1.7610
TP4= @ 1.7770
TP5= @ 1.8020
SL= Break below S2
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💡 Don't miss the great buy opportunity in EURUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.221). 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 uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 68.
Take Profits:
TP1= @ 1.2260
TP2= @ 1.2300
TP3= @ 1.2335
TP4= @ 1.2371
TP5= @ 1.2426
SL= Break below S2
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💡 Don't miss the great sell opportunity in EURCADTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.5665). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURCAD 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 52.
Take Profits:
TP1= @ 1.5580
TP2= @ 1.5526
TP3= @ 1.5450
TP4= @ 1.5370
TP5= @ 1.5280
SL: Break Above R2
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💡 Don't miss the great buy opportunity in EURNZDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.718). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURNZD 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 75.
Take Profits:
TP1= @ 1.7280
TP2= @ 1.7358
TP3= @ 1.7445
TP4= @ 1.7612
TP5= @ 1.7770
SL= Break below S2
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EURUSD - Important Technical Analysis UpdateMidterm forecast:
1.1970 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 trough is formed in daily chart at 1.1600 on 11/04/2020, so more gains to resistance(s) 1.2165, 1.2330, 1.2555 and more heights 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 76.
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