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GBPJPY Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=138.75. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=139.55. TP4: R2=140.1. Set the stoploss of these orders at breakout of S2=138.55. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of S2=138.55. In this situation, there is an expectation to reach the target S3=137.5. Set the stoploss of reverse orders at breakout of S1=138.75. If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
Long
by ForecastCity
1
AUDUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.7155. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.72. TP4: R2=0.724. Set the stoploss of these orders at breakout of S2=0.7145. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.7145. In this situation, there is an expectation to reach the target S3=0.708. Set the stoploss of reverse orders at breakout of S1=0.7155. If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
Long
by ForecastCity
2
EURJPY Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=124.1. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=125. TP4: R2=125.25. Set the stoploss of these orders at breakout of S2=123.9. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of S2=123.9. In this situation, there is an expectation to reach the target S3=122.85. Set the stoploss of reverse orders at breakout of S1=124.1. If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
Long
by ForecastCity
2
BTCUSD a new impulse growth or completion of IHSThis is an update to recent BTC analysis. At 4-hour timeframe we can see that the price went out of the local descending channel via impulse growth waves. Subsequent corrective Elliott ABC movements brought the price at the upper edge of the channel. If we take a closer look it can be seen that there are several positive signs: 1. Stoch RSI moves to Oversold zone 2. EMA 20 line which was a resistance after Moving Averages intersection became a support which is great for short term 3. After consolidation the price went up again which can be evaluated as 0-1 Impulse wave and the most important is that it bounces above the critical area where this assumption will be rejected. Conclusion: if the price manages to bounce above $4 200 then we will have a new 5 impulse growth waves. Otherwise previous analysis holds and there should be movement to finish IHS
by Skyrexio
1
USDINR Four hour chart seems bullish Bearish flag broken to up.USDINR Four hour chart seems bullish Bearish flag has broken to upside. Sentiments: Crude oil up 46.33 by +0.1%, Brent oil up 54.75/+0.1, Natural gas up by +2.43%, US Dollas index up 95.80/ +0.08%, EURUSD up 1.146/+0.14%, JPYINR up .6312/+0.40%, GBPINR up 89.012/ +0.26%, EURINR up 80.4630/ +0.46%, USDINR up 70.18 /+0.08%. Technical buy signal, bearish flag has broken to upside, Fundamental: Nifty 50 down by 175.50, Bank nifty down 380.70, Sensex down 576.50, India Vix up 15.56. USDINR can reach 71..?
U
by Ilikethehell
Darn!! Looks like USDINR will hit 69.50 againDarn!! Looks like USDINR will hit 69.50 again Technical: There's a bearish flag pattern has formed after a dip down from it's crucial support zone at 71.60. Fundamental: Fed rate hike was a big hype and dubious for market speculation. unfortunately Nifty could not able to make it 11k and still struggling at support zone 10850. Crude oil trying to come up after a dip dive people are having fear of over supply - demand. US Dollas Index which people call it safe heaven doing it's things.
UEducation
by Ilikethehell