As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=136.85. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=137.85. TP4: R2=138.15. Set the stoploss of these orders at breakout of S2=136.55. 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=139.8. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=140.55. TP4: R2=141.15. Set the stoploss of these orders at breakout of S2=139.55. 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=140.15. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=141.2. TP4: R2=141.4. Set the stoploss of these orders at breakout of S2=140. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
GBPJPY Analysis: Price sold as expected and is currently below resistance zone price 143.292 and underneath trend-line. We expecting price to reach support 138.221 Long-term daily timeframe
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GBP / JPY is very close to where a fall may occur. The pair is currently in a descending triangle pattern. The buying force was amortized by the downtrend line. With the arrival of the bears with the selling force, a low candle was formed. We expect the bear kick to be strong enough to send the pair close to the support level. - Price touched a few times...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=144.95. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=145.9. TP4: R2=146.35. Set the stoploss of these orders at breakout of S2=144.75. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
The Congestion Opportunities Strategy has just bought GBPJPY at 144.226. The system recommends entering this trade at any price between 143.942 and 144.51. The signal was issued because the 28-hour Relative Strength Index indicates that the GBPJPY may be oversold, while the Speculative Sentiment Index reading of 1.48 indicates that trader sentiment is not at...
The Breakout Opportunities system has just sold GBPJPY at 143.849. The system recommends entering this trade at any price between 143.556 and 144.397. The signal was issued because the GBPJPY has broken its 24-hour low while our Speculative Sentiment Index was at 1.779, suggesting that the GBPJPY may have further to fall. A stop loss has been set at the 24-hour...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=146.8. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=148. TP4: R2=148.4. Set the stoploss of these orders at breakout of S2=146.2. 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=142.2. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=143.2. TP4: R2=144.15. Set the stoploss of these orders at breakout of S2=141.95. 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=138.75. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=139.55. TP4: R2=140.1. Set the stoploss of these orders at breakout of S2=138.55. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...