As 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...
As 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...
As 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...
The 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...
Trading 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....
17 May 2019 Long EUR/USD @1.1176 StopLoss 20 Pips @1.1156 TakeProfit 20 Pips @1.1196
15 May 2019 Short EUR/USD @1.12084 StopLoss 20 Pips @1.12284 TakeProfit 20 Pips @1.11884
13 May 2019 Long EUR/USD @1.12293 StopLoss 20 Pips @1.12093 TakeProfit 20 Pips @1.12493
30 April 2019 Long EUR/USD @1.11895 StopLoss 20 Pips @1.11695 TakeProfit 20 Pips @1.12095
26 April 2019 Short EUR/USD @1.11423 StopLoss 20 Pips @1.11623 TakeProfit 20 Pips @1.11223
Hey 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...
19 April 2019 Long EUR/USD @1.12367 StopLoss 20 Pips @1.12167 TakeProfit 20 Pips @1.12567
16 April 2019 Short EUR/USD @1.12982 StopLoss 20 Pips @1.13182 TakeProfit 20 Pips @1.12782
15 April 2019 Long EUR/USD @ 1.13125 StopLoss 20 Pips @1.12925 TakeProfit 20 Pips @1.13325
12 April 2019 Short EUR/USD @1.12834 StopLoss 20 Pips @1.13034 TakeProfit 20 Pips @1.12634
11 April 2019 Long EUR/USD @1.12759 StopLoss 20 Pips @1.12559 TakeProfit 20 PIps @1.12959
10 April 2019 Long EUR/USD @1.12653 StopLoss 20 Pips @1,12453 TakeProfit 20 Pips @1.12853
09 April 2019 Long EUR/USD @1.12647 StopLoss 20 Pips @1.12447 TakeProfit 20 Pips @1.12847