GBPUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.2605.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=1.267.
TP4: R2=1.2705.
Set the stoploss of these orders at breakout of S2=1.2585.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=1.2585.
In this situation, there is an expectation to reach the target S3=1.2495.
Set the stoploss of reverse orders at breakout of S1=1.2605.
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!
Forexanalysis
GOLD Short Term Analysis - Bearish Trend Gold pair moved higher but still remained in trading range after holding support level on Tuesday.Stronger than expected US home sales buoyed the dollar, which continued to move higher on Wednesday. As technically the Gold trading in the range of 1260 to 1285.00,Prices appear to be forming a bear flag pattern after breaking down last week below support near the 1,284 level. Short term near resistance level 1282 and another upward sloping trend line 1284. We can see one more fall from 1280 to 1284 to test 1260/1250.
Short @ 1281
TGT: 1270/1262
SL: 1286.00
Gud luck !
EURUSD Following Down Channel Pattern - Forex Technical AnalysisWe are doing EURUSD Analysis in Daily Time frame
as you can see right now market is Holding Down channel line Support area. if we take entry from here then our risk to reward was perfect that is 1:3
If our target hitted then we will be in 120 pips profit
Target : 1.13584
Stop area : 1.11660
Note: This is only for Educational Purpose this is not an Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
Thanks
Adil Khan
FOREXTAMIL EURUSD BUY ENTRY @1.19558Signal Specification:
Pair: EURUSD
Order: BUY
Entry : 1.19558
Take Profit : 1.20274
Stop loss : 1.8819
Risk Vs Reward: 1.17
Our Unique Features:
1. Follow our continuous 15 signals ….Your capital increased upto 10% in your equity surely.
2. We are not TP1, TP2, TP3..
3. We are not Trailing stop! or average the trades.
4. 2% Risk Management Per trade.
5. Risk vs Reward upto 1:7.
Note:
Trade signals would usually have a risk to reward ratio of 1:2. This means that even if just 2 out of 4 signals hits their SL marks, the other two that would have closed profitably would allow you be in good overall pips profit. Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.
Best
Forextamil