analysis mentioned on the chart.
Short-Term Forecast: Trading suggestion: ". There is still a possibility of temporary retracement to suggested resistance line (1.3033). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . GBPUSD is in a downtrend and the continuation of downtrend is expected. . The price is below the 21-Day...
Midterm forecast: . While the price is above the support 1.3430, beginning of uptrend is expected. . We make sure when the resistance at 1.3754 breaks. . If the support at 1.3430 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: . The RSI downtrend #1 is broken, so the probability of beginning of uptrend is...
GBPUSD is fails to break the strong resistance level of 1.25000, Price under the control of bears and it clearly shows the path towards down , this week it may touch the price of 1.20000 and further more, hope it will turns up from 1.19 price...
If you see daily charts of USD INR you can see a breakout happening from the narrow range of ~70-72 after months of accumulation. Now it's ready for range expansion. Monthly charts are giving clear indication that price will touch the upper range of the channel in coming months/years. Can look for long trades.
25 March 2019 Long EUR/USD @1.13139 StopLoss 20 Pips @1.12939 TakeProfit 20 Pips @1.13339