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=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...
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...
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...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=120.6.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=121.05.
TP4: R2=121.45.
Set the stoploss of these orders at breakout of S2=120.4.
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=139.5.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=140.75.
TP4: R2=141.1.
Set the stoploss of these orders at breakout of S2=139.
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=138.85.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=140.1.
TP4: R2=140.75.
Set the stoploss of these orders at breakout of S2=138.45.
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=140.35.
As short term forecast is uptrend too, so there is an expectation to reach the following targets:
TP1: R1=141.35.
TP2: R2=141.7.
TP3: R3=142.3.
TP4: To follow the trend, set an order without takeprofit (free trade) and while short term forecast remains unchanged, keep it...
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=120.65.
TP4: R2=120.8.
Set the stoploss of these orders at breakout of S2=119.6.
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=119.05.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=119.8.
TP4: R2=120.
Set the stoploss of these orders at breakout of S2=118.75.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of...
