As 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...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.137.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=1.1415.
TP4: R2=1.1445.
Set the stoploss of these orders at breakout of S2=1.1345.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of...
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.1270). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURUSD 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....
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...
Technical analysis:
. Ripple/Euro is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 50.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility...
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....
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=122.4.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=123.
TP4: R2=123.3.
Set the stoploss of these orders at breakout of S2=122.2.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of...
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.1255). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURUSD 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....
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.1185.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=1.122.
TP4: R2=1.124.
Set the stoploss of these orders at breakout of S2=1.1175.
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=1.116.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=1.12.
TP4: R2=1.1225.
Set the stoploss of these orders at breakout of S2=1.114.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of...
Midterm forecast:
While the price is above the support 1.4750, beginning of uptrend is expected.
We make sure when the resistance at 1.5285 breaks.
If the support at 1.4750 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:
While the RSI resistance #1 at 62 is not broken, the probability of price increase would be...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=122.45.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=123.1.
TP4: R2=123.6.
Set the stoploss of these orders at breakout of S2=122.1.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of...
