As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=120.3. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=119.7. TP4: S2=119.55. Set the stoploss of these orders at breakout of R2=120.4. 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=121.8. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=122.5. TP4: R2=122.85. Set the stoploss of these orders at breakout of S2=121.5. 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=122.4. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=122.9. TP4: R2=123.15. 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...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=122.15. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=122.7. TP4: R2=122.9. Set the stoploss of these orders at breakout of S2=122. 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=142.6. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=143.45. TP4: R2=144.35. Set the stoploss of these orders at breakout of S2=142.3. 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=122. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=122.5. TP4: R2=122.65. Set the stoploss of these orders at breakout of S2=121.8. 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=121. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=121.75. TP4: R2=122.05. Set the stoploss of these orders at breakout of S2=120.75. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (108.87). 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 Downtrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (72.65). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . NZDJPY 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...
As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=143.4. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=142.05. TP4: S2=141.25. Set the stoploss of these orders at breakout of R2=143.6. 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=121. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=121.5. TP4: R2=121.7. Set the stoploss of these orders at breakout of S2=120.75. 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=121.45. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=122.05. TP4: R2=122.25. Set the stoploss of these orders at breakout of S2=121.3. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=143.1. On the other hand, short term forecast is uptrend, so trading is more risky this day and if you tend to set orders, invest less money and expect to reach the following target: TP4: S1=142.35. Set the stoploss of these orders at breakout of R2=143.25. Stop and reverse:...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=142.1. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=142.8. TP4: R2=143.4. Set the stoploss of these orders at breakout of S2=141.8. 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=120.35. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=120.95. TP4: R2=121.2. Set the stoploss of these orders at breakout of S2=120.25. 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=140.8. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=141.55. TP4: R2=142. Set the stoploss of these orders at breakout of S2=140.55. 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=119.8. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=120.5. TP4: R2=120.7. Set the stoploss of these orders at breakout of S2=119.7. 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=139.65. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=140.5. TP4: R2=140.9. Set the stoploss of these orders at breakout of S2=139.35. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...