Technical analysis: . 0x/Dollar 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 52. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.289000 to 0.227000). if so, traders can set orders based on Price Action...
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...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1279.00). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . XAUUSD 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...
As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=110.45. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=110.05. TP4: S2=109.8. Set the stoploss of these orders at breakout of R2=110.65. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of...
Technical analysis: . ARK/Dollar 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 55. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.559 to 0.426). if so, traders can set orders based on Price Action and...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1292.95). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . XAUUSD 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...
As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1.294. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=1.29. TP4: S2=1.2865. Set the stoploss of these orders at breakout of R2=1.296. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of...
(A) TF- Multi-W1 or MN BIAS - Bearish ENTRY - 8200 SL - 10400 TP - 2300 (Intermediate TP - 5500(Grade AA), 4300(Gr AAA), 2300-1900(Gr AAA)) RR - 2.9 (B) TF- Multi-MN or YR BIAS - Bullish ENTRY - 2300 SL - 675 TP - 14900 (Intermediate TP - 4200(Grade AA), 5400(Gr AAA), 8900(Gr AAA)), 11600(Gr AAA)) RR - 9.7 Lets WnW (Wait n Watch) :)
Midterm forecast: While the price is above the support 162.650, beginning of uptrend is expected. We make sure when the resistance at 264.800 breaks. If the support at 162.650 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: While the RSI support #1 at 44 is not broken, the probability of price decrease would be...
As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1.01. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=1.0045. TP4: S2=1. Set the stoploss of these orders at breakout of R2=1.013. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of...
Technical analysis: . Stellar/Dollar 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 46. . 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...
As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1.0105. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=1.0065. TP4: S2=1.0045. Set the stoploss of these orders at breakout of R2=1.0115. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout...
this chart clearly gives you an idea the USD/CHF has crossed the green line So, its conform sell , take profits are shown clearly .
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.1205. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=1.125. TP4: R2=1.1265. Set the stoploss of these orders at breakout of S2=1.1185. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
Technical analysis: . IsimpleToken/Dollar 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 49. . 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...
As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1.35. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=1.344. TP4: S2=1.341. Set the stoploss of these orders at breakout of R2=1.3515. 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=1.118. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=1.122. TP4: R2=1.126. Set the stoploss of these orders at breakout of S2=1.117. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
Its highly expected Spot Gold ( OANDA:XAUUSD ) to go further down. We can trade this as normal with 1:3. GOOD LUCK. Always maintain your risk as Shorting Gold is always kinda a risk.