GBPUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.25.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=1.2555.
TP4: R2=1.259.
Set the stoploss of these orders at breakout of S2=1.248.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=1.248.
In this situation, there is an expectation to reach the target S3=1.239.
Set the stoploss of reverse orders at breakout of S1=1.25.
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!
Forextrading
GBPUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.254.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=1.259.
TP4: R2=1.2615.
Set the stoploss of these orders at breakout of S2=1.2505.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=1.2505.
In this situation, there is an expectation to reach the target S3=1.24.
Set the stoploss of reverse orders at breakout of S1=1.254.
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!
Don't miss the great buy opportunity in CADCHFTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.74917). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. CADCHF 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 71.
Take Profits:
TP1= @ 0.76150
TP2= @ 0.77145
TP3= @ 0.78658
SL= @ 0.73500
EURUSD Intraday ForecastAs we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1.1315.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: S1=1.1265.
TP4: S2=1.124.
Set the stoploss of these orders at breakout of R2=1.1335.
Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of R2=1.1335.
In this situation, there is an expectation to reach the target R3=1.141.
Set the stoploss of reverse orders at breakout of R1=1.1315.
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!
GBPJPY Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=136.7.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=137.5.
TP4: R2=137.8.
Set the stoploss of these orders at breakout of S2=136.5.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=136.5.
In this situation, there is an expectation to reach the target S3=135.5.
Set the stoploss of reverse orders at breakout of S1=136.7.
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!
USDCHF Intraday ForecastAs we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=0.9795.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: S1=0.974.
TP4: S2=0.9695.
Set the stoploss of these orders at breakout of R2=0.9815.
Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of R2=0.9815.
In this situation, there is an expectation to reach the target R3=0.989.
Set the stoploss of reverse orders at breakout of R1=0.9795.
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!
Don't miss the great buy opportunity in NZDJPYTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (71.500). 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 74.
Take Profits:
TP1= @ 72.10
TP2= @ 73.60
TP3= @ 74.80
SL= @ 71.00
AUDUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.694.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=0.698.
TP4: R2=0.7.
Set the stoploss of these orders at breakout of S2=0.693.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.693.
In this situation, there is an expectation to reach the target S3=0.6865.
Set the stoploss of reverse orders at breakout of S1=0.694.
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!
EURUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.1265.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=1.1315.
TP4: R2=1.1345.
Set the stoploss of these orders at breakout of S2=1.125.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=1.125.
In this situation, there is an expectation to reach the target S3=1.118.
Set the stoploss of reverse orders at breakout of S1=1.1265.
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!
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!
GBPJPY Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=136.55.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=137.5.
TP4: R2=137.8.
Set the stoploss of these orders at breakout of S2=136.35.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=136.35.
In this situation, there is an expectation to reach the target S3=135.35.
Set the stoploss of reverse orders at breakout of S1=136.55.
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!
CADCHF likely to touch the 0.7400 supportThe pair has been moving in a falling channel pattern for half a month. The prices have completed the re - test of the upper ceiling at 0.74703 and has started to move towards the south, creating an opportunity to short the pair. The expected target for it to reach is, initially at the centre of the channel at 0.73998 (centre line shown by the dotted line). If the prices sustain below this level as well, we might be headed for the next support of 0.73500. The stop loss for the trade will be at 0.7500.
Don't miss the great buy opportunity in EURCHFTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.1205). 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 61.
Take Profits:
TP1= @ 1.1310
TP2= @ 1.1365
TP3= @ 1.1485
SL= @ 1.1120
USDINR UpdateHey Guys,
USDINR looks good for trade, currently on the weekly resistance zone and most probably it's going to go down from here(decision on Crude Oil on 3rd May is going to also impact it). There are 2 scenarios I have plotted in the charts
1. reaction in the upcoming months from the similarity of historical candles
2. From the combination of support resistance and Weekly charts RSI, It looks weak on the weekly chart so most probably can break the lower support level.
This is just my point of view, not financial advice.
Feel free to share your views.
Thank You