As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=135.8. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=136.55. TP4: R2=136.9. Set the stoploss of these orders at breakout of S2=135.4. 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=136.45. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=135.5. TP4: S2=135. Set the stoploss of these orders at breakout of R2=136.65. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=136.55. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=137.5. TP4: R2=137.8. Set the stoploss of these orders at breakout of S2=136.35. 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=136.85. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=137.85. TP4: R2=138.15. Set the stoploss of these orders at breakout of S2=136.55. 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=138.1. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=138.95. TP4: R2=139.55. Set the stoploss of these orders at breakout of S2=137.8. 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=1.264. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=1.2685. TP4: R2=1.27. Set the stoploss of these orders at breakout of S2=1.2605. 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=139.8. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=140.55. TP4: R2=141.15. Set the stoploss of these orders at breakout of S2=139.55. 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=140.15. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=141.2. TP4: R2=141.4. Set the stoploss of these orders at breakout of S2=140. 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 resistance line (1.9635). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . GBPNZD is in a range bound and the beginning of downtrend is expected. . Price is below WEMA21, if price rises more, this line can act as dynamic...
As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1.294. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=1.29. TP4: S2=1.2865. Set the stoploss of these orders at breakout of R2=1.296. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.30793). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . GBPUSD 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...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.301. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=1.307. TP4: R2=1.312. Set the stoploss of these orders at breakout of S2=1.298. 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 (1.3196). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . GBPCHF 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....
EURUSD 1.1216 major support The euro currency is attempting to correct higher against the US dollar in early week trading, amidst quiet market conditions. Technical indicators on the lower time frames have now corrected from oversold conditions, with EURUSD the pair still struggling to break past the 1.1250 resistance level. Sellers need to breach the 1.1216...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=144.95. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=145.9. TP4: R2=146.35. Set the stoploss of these orders at breakout of S2=144.75. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
We are long on the GBP NZD and have been 500 pips ago as long as our lower trendline holds we will maintain a long position A break of 19550 will open the door to 2.000 +
We are staying Long onn our Cable trade Brexit relaxed and USD index slowing down and US Fed is constantly denying the R word
The Congestion Opportunities Strategy has just bought GBPJPY at 144.226. The system recommends entering this trade at any price between 143.942 and 144.51. The signal was issued because the 28-hour Relative Strength Index indicates that the GBPJPY may be oversold, while the Speculative Sentiment Index reading of 1.48 indicates that trader sentiment is not at...