Midterm forecast: 1939.45 is a major support, while this level is not broken, the Midterm wave will be uptrend. Technical analysis: While the RSI uptrend #1 is not broken, bullish wave in price would continue. A peak is formed in daily chart at 1818.00 on 07/07/2020, so more losses to support(s) 2000.00, 1970.20 and minimum to Major Support (1939.45) is...
Blue horizontal line : importance levels Orange horizontal lines : buffer levels Blue diagonal lines : trendlines Pink boxes : buffer/reversal zones Disclaimer : This chart is just my anticipation for the upcoming week. I do not recommend following or trading on the basis of this chart.
Blue horizontal line : importance levels Orange horizontal lines : buffer levels Blue diagonal lines : trendlines Pink boxes : buffer/reversal zones Disclaimer : This chart is just my anticipation for the upcoming week. I do not recommend following or trading on the basis of this chart.
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.664). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . NZDUSD is in a range bound and the beginning of downtrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic...
Trading suggestion: . There is a possibility of temporary retracement to suggested Resistance line (1.1819). 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 downtrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.3333). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDCAD 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...
Trade Setup summary: Profit targets=32250 pip (2350 + 5620 + 9320 + 14960) Stop Loss =11600 pip Reward/Risk > 2.8 : 1 Current Status: Total Profit: 29400 pip Closed trade(s): 5400 pip Profit Open trade(s): 24000 pip Profit Trade Setup: We opened 5 BUY trade(s) @ 339.00 based on 'previous Forecast' at 2020.08.02 : ...
Trade Setup summary: Profit targets=340900 pip (28000 + 56500 + 91400 + 165000) Stop Loss =78800 pip Reward/Risk > 4.3 : 1 Current Status: Total Profit: 177537 pip Closed trade(s): 100337 pip Profit Open trade(s): 77200 pip Profit Trade Setup: We opened 5 BUY trade(s) @ 11367.21 based on 'previous Forecast' at 2020.07.31 : ...
Trade Setup summary: Profit targets=69525 pip (690+ 1230+ 1960+ 3060+ 4085 + 6070+ 7505+ 10280+ 15280+ 19365) Stop Loss =6310 pip Reward/Risk > 11: 1 Current Status: Total Profit: 7508 pip Closed trade(s): 1172 pip Profit Open trade(s): 6336 pip Profit Trade Setup: We opened 11 BUY trade(s) @ 47.49 based on 'Valley' entry...
Trade Setup summary: Profit targets=92000 pip (4000 + 9000 + 12000 + 17700 + 22300 + 27000) Stop Loss = 12000 pip Reward/Risk > 7.6 : 1 Current Status: Total Profit: 33000 pip Closed trade(s): 22000 pip Profit Open trade(s): 11000 pip Profit Trade Setup: We opened 5 BUY trade(s) @ 0.19000 based on 'previous Forecast' at...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1.1785). 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 downtrend is expected. .The price is above the 21-Day WEMA which acts as a...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.6614). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . NZDUSD is in a range bound and the beginning of downtrend is expected. .The price is above the 21-Day WEMA which acts as a...
Trade Setup summary: Profit targets=124950 pip (2100 + 3965 + 5205 + 7040 + 8640 +9870 + 14980 + 19540 + 23670 + 29940) Stop Loss =11600 pip Reward/Risk > 10.7 : 1 Current Status: Total Profit: 7732 pip Closed trade(s): 4192 pip Profit Open trade(s): 3540 pip Profit Trade Setup: We opened 3 BUY trade(s) @ 48.84 based...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.9165). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDCHF 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. ....
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (105.05). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDJPY is in a range bound and the beginning of uptrend is expected. . While the RSI downtrend #1 is not broken, bearish wave in price would...
Midterm forecast: 18.95 is a major support, while this level is not broken, the Midterm wave will be uptrend. We will close our open trades, if the Midterm level 18.95 is broken. Technical analysis: While the RSI uptrend #1 is not broken, bullish wave in price would continue. A trough is formed in daily chart at 17.35 on 06/24/2020, so more gains to...