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=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...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=120.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=120.45.
TP4: R2=120.65.
Set the stoploss of these orders at breakout of S2=119.9.
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=140.7.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=141.55.
TP4: R2=142.1.
Set the stoploss of these orders at breakout of S2=140.5.
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=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=139.75.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=140.7.
TP4: R2=141.1.
Set the stoploss of these orders at breakout of S2=139.4.
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=120.05.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=120.5.
TP4: R2=120.65.
Set the stoploss of these orders at breakout of S2=119.9.
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 (119.95). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURJPY is in a uptrend and the continuation of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
....
As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=140.35.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: S1=139.3.
TP4: S2=139.
Set the stoploss of these orders at breakout of R2=140.65.
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=139.8.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=140.8.
TP4: R2=141.5.
Set the stoploss of these orders at breakout of S2=139.4.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of...
Midterm forecast:
78.70 is a major support, while this level is not broken, the Midterm wave will be uptrend.
Technical analysis:
The RSI downtrend #1 is broken, so the probability of continuation of uptrend is increased.
While the RSI uptrend #2 is not broken, bullish wave in price would continue.
A trough is formed in daily chart at 77.10 on 10/03/2019, so more...
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