Don't miss the great buy opportunity in EURCAD Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (1.5670).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURCAD 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 74.
Take Profits:
TP1= @ 1.5750
TP2= @ 1.5828
TP3= @ 1.5978
SL= Break below S3
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Forexsignals
GER30 (DAX) TRADE SETUP FOR THE DAY The larger correction against 2009 lows is proposed complete at 8249 on 3/16/2020 where the daily and 4 hour are turning up. The 1 hour is turning down against 13462 to correct the cycle from the March wave ((2)) lows. While it shows it will remain above there the index can can see new highs toward 14000 in the cycle up from the March lows.
SELL DAX 30
@12740-12785
TP: 12450
SL: 12900
GOOD LUCK
GBPUSD TRADE SETUPThe daily is turning up against the March 2020 lows at 1.1412. The 4 hour is turning down against 1.3485. The 1 hour right side is down against 1.2866 to correct the cycle from the March 2020 lows. While it shows it will remain above there later it can see another swing higher to correct the cycle lower from the 2018 highs at 1.4384.
BUY GBPUSD
@1.2720-1.2700
TP: 1.2790-1.2820
SL: 1.2668
Good luck !
Don't miss the great buy opportunity in CADCHFTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.6925).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. CADCHF is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 55.
Take Profits:
TP1= @ 0.6945
TP2= @ 0.6962
TP3= @ 0.6989
TP4= @ 0.7001
TP5= @ 0.7032
SL= Break below S3
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GBPJPY SHORT TRADE SETUPthe daily right side is down against 156.78. The 4-hour right side is up with a bullish sequence against 131.71. While above 138.20 where the hourly right side is up with a bullish sequence it can see a swing higher toward 147.38 before ending the cycle up from the March lows
Sell @140.90-141.10
TP: 140.10
Sl: 141.33
Good luck !
GBPUSD - DAY TRADE VIEW.GBPUSD - It's one of the rarest days we are witnessing today, I suggest you to trade with small lots.
My approach at this point of time in GBPUSD will be a short sell at current price 1.28500
Potential target 1.27680 Maintain stop loss at 1.29000
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Professional Day trader
Excellence award winning mentor
Professional chart, clear chart without junks.
Major S/R levels with inner insights
Frequent Day & Swing trade levels
All major and minor FX/INDICES covered
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GOLD - DAY TRADE VIEW.GOLD - Looking strong at this point of time on bigger time frame as well,
My approach should be a buy here at current price 1969
Potential upside 1990-2004
Maintain Stop loss around 1958
Follow the levels properly as mentioned and use proper risk management.
Traders, if you liked this idea hit the like button & write in the comment section.
Why you should follow this tradingview account ?
Managed by top most renowned trader - Pulak Priyesh
10 + years of trading experience
Professional Day trader
Excellence award winning mentor
Professional chart, clear chart without junks.
Major S/R levels with inner insights
Frequent Day & Swing trade levels
All major and minor FX/INDICES covered
Thanks !!
Don't miss the great sell opportunity in GBPUSDShort-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 WEMA which acts as a dynamic resistance.
. The RSI is at 25.
Take Profits:
TP1= @ 1.2802
TP2= @ 1.2733
TP3= @ 1.2609
TP4= @ 1.2525
TP5= @ 1.2259
SL: Break Above R2
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Don't miss the great buy opportunity in USDSGDMidterm 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 increased.
. A peak is formed in daily chart at 1.3985 on 06/22/2020, so more losses to support(s) 1.3550 and minimum to Major Support (1.3430) is expected.
. Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
. Relative strength index (RSI) is 42.
Take Profits:
TP1= @1.3754
TP2= @1.3885
TP3= @1.4035
TP4= @1.4270
TP5= @1.4635
TP6 Free
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Don't miss the great buy opportunity in EURCHF Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.06467). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURCHF 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= @ 1.06974
TP2= @ 1.07579
TP3= @ 1.08113
TP4= @ 1.08360
TP5= @ 1.09137
SL= Break below S2
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Now, It's your turn !
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Trade well, ❤️
ForecastCity English Support Team ❤️