Last Week EURUSD was very volatile. Price has recovered from 1.13000 level. and Showing strength for Upside.This Week price can move upside for 1.15000 and 1.17000 levels as well.My Views are bullish for this week on EURUSD. * Always Move stoploss to cost if price moves more than 50 pips.*
As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1.1375. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=1.1305. TP4: S2=1.127. Set the stoploss of these orders at breakout of R2=1.139. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of...
Euro-US Dollar contracts are presently at a make or break level, forming a scallop in a downtrend, Whether they will continue the downtrend or, reverse and breakout the linear resistance to complete the Rounding Bottom with an implied target of 1.18 from the present 1.14 (It is presently forming a flag with some conslidation near the resistance) It has been...
Looking to Buy EURGBP as its in a uptrend. We have seen price break previous resistance and now testing the new support. We can see price bounce up from Buy range or the 200MA. Target is 0.90500 (60-70pips).
EURUSD is in the Bullish Trend Now. . . Remember this is just a Correction To The Last 5 Legs. . .
EURUSD is currently at a very crucial stage. On 12 Nov 2018 it took support at the pitchfork bottom. Any move below 1.121 could take it towards 1.05
BUY at 1.13872 Stoploss at 1.13535 Target of 1.5900
Midterm forecast: While the price is above the support 1.1300, beginning of uptrend is expected. We make sure when the resistance at 1.1615 breaks. If the support at 1.1300 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: There is a divergence in RSI and price between the trough at 1.15095 on 2018-05-29 and the...
EURUSD on FXCM Exchange is a buy at 1.13884 with Stop-loss of 1.13621 and Target of 1.14680. Consult your financial advisor before investing.
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...