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Don't miss the great buy opportunity in GBPCHFTrading suggestion: . There is a possibility of temporary retracement to suggested support line (1.18200). 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. . The RSI is at 68. Take Profits: TP1= @ 1.18950 TP2= @ 1.19517 TP3= @ 1.20280 TP4= @ 1.21220 TP5= @ 1.22000 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
11
A trading opportunity to buy in GBPSGDTrading suggestion: There is possibility of temporary retracement to suggested Trend Hunter Buy Zone (1.7190 to 1.7070). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone. . Beginning of entry zone (1.7190) . Ending of entry zone (1.7070) Midterm forecast : While the price is above the support 1.7070, beginning of uptrend is expected. We make sure when the resistance at 1.7720 breaks. If the support at 1.7070 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: The ascending flag taking shape suggests we will soon see another leg higher. The RSI bounced from the support #1 at 35 and it prevented price from more losses. A trough is formed in daily chart at 1.7070 on 06/29/2020, so more gains to resistance(s) 1.7430, 1.7605 and maximum to Major Resistance (1.7720) is expected. Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. Relative strength index ( RSI ) is 49. Take Profits: TP1= 1.7430 TP2= 1.7605 TP3= 1.7720 TP4= 1.7855 TP5= 1.8080 TP6= 1.8275 TP7= Free
Long
by ForecastCity_EU
5
Don't miss the great buy opportunity in NZDJPYTrading suggestion: . There is a possibility of temporary retracement to suggested support line (68.777). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . NZDJPY 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. . The RSI is at 64. Take Profits: TP1= @ 70.520 TP2= @ 71.104 TP3= @ 71.590 TP4= @ 72.650 TP5= @ 73.490 SL= Break below S3 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_EU
16
A new opportunity in the trend of NZDCADMidterm Forecast: There is no trend in the market and the price is in a range bound, but we forecast a downtrend wave below 0.8785 would begin in Midterm. We will close our open trades. if the Midterm level 0.8785 is broken. Technical analysis: While the RSI downtrend #1 is not broken, bearish wave in price would continue. A peak is formed in the daily chart at 0.8825 on 08/08/2018, so more losses to support(s) 0.8400, 0.8310, 0.7965 and more depths is expected. Price is below WEMA21, if price rises more, this line can act as a dynamic resistance against more gains. Relative strength index (RSI) is 24. Entry signal: Signal to enter the market occurs when the price comes to " Sell zone " then forms one of the reversal patterns, whether " Shooting Star " or " Peak ", in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons : Trade Setup: We opened 8 SELL trade(s) @ 0.9162 (day close price) based on 'Shooting Star' at 2018.06.22 signaled by DTO: Total Profit: 2270 pip Closed trade(s): 1744 pip Profit Open trade(s): 526 pip Profit Closed Profit: TP1 @ 0.9110 touched at 2018.06.26 with 52 pip Profit. TP2 @ 0.9065 touched at 2018.06.27 with 97 pip Profit. TP3 @ 0.9000 touched at 2018.06.28 with 162 pip Profit. TP4 @ 0.8930 touched at 2018.06.29 with 232 pip Profit. TP5 @ 0.8860 touched at 2018.07.02 with 302 pip Profit. TP6 @ 0.8785 touched at 2018.08.02 with 377 pip Profit. TP7 @ 0.8640 touched at 2018.08.09 with 522 pip Profit. 52 + 97 + 162 + 232 + 302 + 377 + 522 = 1744 pip Open Profit: Profit for one trade is 0.9162(open price) - 0.8636(current price) = 526 pip 1 trade(s) still open, therefore total profit for open trade(s) is 526 x 1 = 526 pip Take Profits: TP1= @ 0.9110 TP2= @ 0.9065 TP3= @ 0.9000 TP4= @ 0.8930 TP5= @ 0.8860 TP6= @ 0.8785 TP7= @ 0.8640 TP8= Free
Short
by ForecastCity
A trading opportunity to sell in EURAUDMidterm Forecast: There is no trend in the market and the price is in a range bound, but we forecast a downtrend wave below 1.6190 would begin in Midterm. Technical analysis: The RSI bounced from the resistance #1 at 62 and it prevented the price from more gains. A trough is formed in the daily chart at 1.5425 on 06/14/2018, so more gains to resistance(s) 1.5825, 1.5890, 1.6040 and maximum to Major Resistance (1.6190) is expected. Price is above WEMA21, if the price drops more, this line can act as dynamic support against more losses. Relative strength index (RSI) is 53. Trading suggestion: There is a possibility of temporary retracement to suggested Sell Zone (1.5825 to 1.5890). if so, we would set orders based on Daily-Trading-Opportunities and expect to reach short-term targets. Beginning of entry zone (1.5825) Ending of entry zone (1.5890) Take Profits: TP1= @ 1.5730 TP2= @ 1.5620 TP3= @ 1.5525 TP4= @ 1.5425 TP5= @ 1.5275 TP6= @ 1.5075 TP7= @ 1.4910 TP8= @ 1.4605 TP9= @ 1.4445 TP10= @ 1.4040 TP11= @ 1.3675 TP12= @ 1.2225 TP13= @ 1.1600 TP14= Free
Short
by ForecastCity
Weekly analysis: another opportunity To Sell in NZDUSDNew trading suggestion: *The price is in a downtrend and we forecast the downtrend would continue. *There is still a possibility of temporary retracement to suggested resistance line(0.6820). if so, traders can set orders based on Price Action and expect to reach short-term targets. Entry signal: Signal to enter the market occurs when the price comes to "Resistance line" then forms one of the reversal patterns, whether "Shooting Star" or "Peak" , in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons: Midterm forecast: 0.6820 is a major resistance, while this level is not broken, the Midterm wave will be downtrend. Technical analysis: . While the RSI downtrend #1 is not broken, bearish wave in price would continue. . A peak is formed in the daily chart at 0.6920 on 06/25/2018, so more losses to support(s) 0.6620, 0.6430, 0.6245 and more depths is expected. . Price is below WEMA21, if price rises more, this line can act as a dynamic resistance against more gains. . Relative strength index (RSI) is 30. Trade Setup: We opened 13 SELL trade(s) @ 0.7351 (day close price) based on 'Two-day reversal candle ( Shooting Star )' at 2018.04.13 Total Profit: 5635 pip Closed trade(s): 1561 pip Profit Open trade(s): 4074 pip Profit Closed Profit: TP1 @ 0.7305 touched at 2018.04.18 with 46 pip Profit. TP2 @ 0.7240 touched at 2018.04.20 with 111 pip Profit. TP3 @ 0.7175 touched at 2018.04.23 with 176 pip Profit. TP4 @ 0.7055 touched at 2018.04.27 with 296 pip Profit. TP5 @ 0.6950 touched at 2018.05.09 with 401 pip Profit. TP6 @ 0.6820 touched at 2018.06.27 with 531 pip Profit. 46 + 111 + 176 + 296 + 401 + 531 = 1561 pip Open Profit: Profit for one trade is 0.7351(open price) - 0.6769(current price) = 582 pip 7 trade(s) still open, therefore total profit for open trade(s) is 582 x 7 = 4074 pip Open Profit: TP7= @0.6620 TP8= @0.6430 TP9= @0.6245 TP10= @0.5930 TP11= @0.5485 TP12= @0.4900 TP13= Free
Short
by ForecastCity
There is a good opportunity to buy in CHFJPYMidterm forecast: There is no trend in the market and the price is in a range bound, but we forecast an uptrend wave above 108.35 would begin in Midterm. Technical analysis: The RSI bounced from the support #1 at 26 and it prevented price from more losses. The RSI downtrend #2 is broken, so the probability of beginning of uptrend is increased. A trough is formed in daily chart at 108.50 on 05/08/2018, so more gains to resistance(s) 111.55, 112.25, 113.40 and more heights is expected. Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. Relative strength index ( RSI ) is 61. Trading suggestion: There is possibility of temporary retracement to suggested Buy Zone (110.30 to 108.35), if so, we would set orders based on Daily-Trading-Opportunities and expect to reach short-term targets. Beginning of entry zone (110.30) Ending of entry zone (108.35) Take Profits: TP1= @ 111.55 TP2= @ 112.25 TP3= @ 113.40 TP4= @ 114.70 TP5= @ 116.45 TP6= @ 117.35 TP7= @ 118.55 TP8= @ 122.00 TP9= @ 125.80 TP10= @ 134.60 TP11= Free
Long
by ForecastCity
A new opportunity to Sell in EURJPY ...New trading suggestion: Price may also reach to suggested resistance line (133.50). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets. Midterm forecast: While the price is below the resistance 133.50, beginning of downtrend is expected. We make sure when the support at 128.95 breaks. If the resistance at 133.50 is broken, the short-term forecast -beginning of downtrend- will be invalid. Price may also reach 133.50, if the price reaches this level, we may enter by Daily-Trading-Opportunities, this entry depends on personal strategies. Technical analysis: A peak is formed in the daily chart at 133.50 on 04/24/2018, so more losses to support(s) 129.65, 128.20, 126.80 and more depths is expected. Price is below WEMA21, if price rises more, this line can act as a dynamic resistance against more gains. Relative strength index (RSI) is 36. Total Profit: 3566 pip Closed trade(s): 766 pip Profit Open trade(s): 2800 pip Profit Trade Setup: We opened 11 SELL trade(s) @ 134.06 (day close price) based on 'Peak' at 2018.02.07 signaled by our "Daily Trading Opportunity" Closed Profit: TP1 @ 133.25 touched at 2018.02.08 with 82 pip Profit. TP2 @ 131.65 touched at 2018.02.14 with 242 pip Profit. TP3 @ 129.65 touched at 2018.03.02 with 442 pip Profit. 82 + 242 + 442 = 766 pip Open Profit: Profit for one trade is 134.06(open price) - 130.57(current price) = 350 pip 8 trade(s) still open, therefore total profit for open trade(s) is 350 x 8 = 2800 pip Take Profits: TP4= @ 128.20 TP5= @ 126.80 TP6= @ 124.10 TP7= @ 122.30 TP8= @ 118.45 TP9= @ 114.85 TP10= @ 111.25 TP11= Free
Short
by ForecastCity
A Second Chance to Buy in CHFJPY ...New trading suggestion: *The price is in an up trend and we forecast the uptrend would continue. * There is still possibility of temporary retracement to suggested support line (0.9815), if so, traders can set orders based on Price Action and expect to reach short-term targets. Midterm forecast: While the price is above the support 0.9815, continuation of uptrend is expected. We make sure when the resistance at 1.0132 breaks. If the support at 0.9815 is broken, the short-term forecast -continuation of uptrend- will be invalid. Price may also reach 0.9815, if price reaches this level, we may enter by Daily-Trading-Opportunities, this entry depends on personal strategies. We will close our open trades, if the Midterm level 0.9815 is broken. Technical analysis: A trough is formed in daily chart at 0.9535 on 04/10/2018, so more gains to resistance(s) 1.0100, 1.0325, 1.0630 and more heights is expected. Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. Relative strength index (RSI) is 84. Total Profit: 4748 pip Closed trade(s): 2576 pip Profit Open trade(s): 2172 pip Profit Trade Setup: We opened 10 BUY trade(s) @ 0.9272 (day close price) based on 'Two Day Reversal Candle (Hammer)' at 2018.02.16 signaled by our "Daily Trading Opportunity" Closed Profit: TP1 @ 0.9355 touched at 2018.02.20 with 83 pip Profit. TP2 @ 0.9440 touched at 2018.02.28 with 168 pip Profit. TP3 @ 0.9520 touched at 2018.03.09 with 248 pip Profit. TP4 @ 0.9660 touched at 2018.04.17 with 388 pip Profit. TP5 @ 0.9735 touched at 2018.04.20 with 463 pip Profit. TP6 @ 0.9815 touched at 2018.04.25 with 543 pip Profit. TP7 @ 0.9955 touched at 2018.05.01 with 683 pip Profit. 83 + 168 + 248 + 388 + 463 + 543 + 683 = 2576 pip Open Profit: Profit for one trade is 0.9996(current price) - 0.9272(open price) = 724 pip 3 trade(s) still open, therefore total profit for open trade(s) is 724 x 3 = 2172 pip Take Profits: TP8= @ 1.0100 TP9= @ 1.0325 TP10= @ Free
Long
by ForecastCity