Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.6030). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . NZDUSD is in a range bound and the beginning of downtrend is expected. .The price is above the 21-Day WEMA which acts as a...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.5875. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.5945. TP4: R2=0.597. Set the stoploss of these orders at breakout of S2=0.5845. 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=0.576. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.586. TP4: R2=0.592. Set the stoploss of these orders at breakout of S2=0.5735. 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 (0.6322). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . NZDUSD 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...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.6450). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . NZDUSD is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which acts as a...
Price trying to go through the 800 EMA as we can see in the chart, inside the descending channel
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.6415. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.6455. TP4: R2=0.6465. Set the stoploss of these orders at breakout of S2=0.6405. 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=0.638. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.642. TP4: R2=0.644. Set the stoploss of these orders at breakout of S2=0.637. 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 (0.6350). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . NZDUSD 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....
NZDUSD EASY LONG. LOOK AT THE TWO POSSIBLE REGRATION AREAS. MARKED IN THE GREEN CIRCLE. LOOK CLOSELY T THE DXY INDEX AND THE POSSIBLE CHANGES.
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.627. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.631. TP4: R2=0.6335. Set the stoploss of these orders at breakout of S2=0.626. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
FX:NZDUSD LIMITED MY ORDERS. AND GOING TO SLEEP MONITOR IT IN MORNING.
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.631. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.636. TP4: R2=0.638. Set the stoploss of these orders at breakout of S2=0.63. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...