As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=107. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=105.7. TP4: S2=105.1. Set the stoploss of these orders at breakout of R2=107.5. 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=104.2. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=105.75. TP4: R2=106.05. Set the stoploss of these orders at breakout of S2=103.7. 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=103.15. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=101.55. TP4: S2=101. Set the stoploss of these orders at breakout of R2=103.45. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of...
Hello traders Here is analysis of USDJPY As we can see that the current price is at the support level but it did break it so there is a high chances of the trade going down One can take a sell call by keping a tp of 106.600
Hello. Here is an analysis on AUDJPY TP 73.800 And SL68.800 The pair has clearly hit the Support and is going upward.
Hello folks, its thursday and its time to make some money before weekend. So here is an analysis on a clear buy indicator. Pair= NZDJPY As its very clear that it the price is going up after hitting the support line. Also there is a double bottom chat formation and its on the verge of completing the pattern. One can go long with tp of 71.000 and SL of...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=137.65. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=138.55. TP4: R2=139.15. Set the stoploss of these orders at breakout of S2=137.2. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
Hey traders, Here is our new analysis on EURJPY. As its clear that the trend is in sell and also accourding to our analysis you can take a sell call by kepping tp at 118.200
Hey trades, hope you all are having a great week. So here is the analysis of GBPJPY. As always our blue line indicates support and resistence and the black line indicates the possible trend. As we can see that the trend is in middle so we advice you to not take any trade. However we can see that it broke the trendline support and has gone down, also we can see...
Wassup up traders!!!! hope you people are making some money. Here is our analysis for USDJPY. All the blue lines indicate support and resistence zone. The black lines indicate the next movement accourding to our analysis. One can take a buy call and set tp at 109.100 or one can wait and take a sell call with tp of 106.500
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=119.65. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=120.7. TP4: R2=121.05. Set the stoploss of these orders at breakout of S2=119.4. 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=119.75. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=120.5. TP4: R2=120.85. Set the stoploss of these orders at breakout of S2=119.55. 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=119.55. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=120.1. TP4: R2=120.5. Set the stoploss of these orders at breakout of S2=119.4. 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 (73.17). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . AUDJPY is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which acts as a...
As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=143.85. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=142.7. TP4: S2=142.3. Set the stoploss of these orders at breakout of R2=144.05. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (110.65). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDJPY is in a up trend and the Resumption of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=110.6. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=111.6. TP4: R2=112.05. Set the stoploss of these orders at breakout of S2=110.3. 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=142.5. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=143.2. TP4: R2=143.45. 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...