Don't miss the great sell opportunity in GBPUSDTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.2406). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. GBPUSD is in a range bound and the beginning of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 50.
Take Profits:
TP1= @ 1.2000
TP2= @ 1.1840
TP3= @ 1.1410
SL: Break Above R2
Pound
Don't miss the great sell opportunity in GBPJPYTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (133.65). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. GBPJPY is in a range bound and the beginning of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 53.
Take Profits:
TP1= @ 132.55
TP2= @ 131.90
TP3= @ 131.20
SL: Break Above R2
Don't miss the great sell opportunity in GBPUSDTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.239). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. GBPUSD is in a range bound and the beginning of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
Take Profits:
TP1= @ 1.2285
TP2= @ 1.2245
TP3= @ 1.2165
SL: Break Above R2
GBPUSD Intraday ForecastAs we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1.2575.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: S1=1.2485.
TP4: S2=1.2435.
Set the stoploss of these orders at breakout of R2=1.2645.
Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of R2=1.2645.
In this situation, there is an expectation to reach the target R3=1.2785.
Set the stoploss of reverse orders at breakout of R1=1.2575.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
Don't miss the great buy opportunity in EURGBPTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.8744). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURGBP 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 resistance.
. The RSI is at 47.
Take Profits:
TP1= @ 0.8858
TP2= @ 0.8928
TP3= @ 0.9055
SL= Break below S2
Don't miss the great sell opportunity in GBPCADTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.7455). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. GBPCAD 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 support.
. The RSI is at 31.
Take Profits:
TP1= @ 1.7260
TP2= @ 1.7130
TP3= @ 1.6958
SL: Break Above R2
Don't miss the great buy opportunity in EURGBPTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.8769). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURGBP 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 resistance.
. The RSI is at 41.
Take Profits:
TP1= @ 0.8866
TP2= @ 0.8910
TP3= @ 0.8994
SL= Break below S2
GBPJPY Intraday ForecastAs we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=133.3.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: S1=132.
TP4: S2=131.25.
Set the stoploss of these orders at breakout of R2=133.5.
Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of R2=133.5.
In this situation, there is an expectation to reach the target R3=134.65.
Set the stoploss of reverse orders at breakout of R1=133.3.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
GBPCHF - To Revisit the 2020 low?Haven't published publicly for a while! Quick short idea on GBPCHF.
Initially looking from a weekly perspective, I have made a top down analysis, focusing on the H1 timeframe for a potential entry this coming week.
As illustrated the August '19 low is proving to be a key zone of support, turned resistance and again support at around 1.16750.
The 2020 wick low is the lowest price of all time on this pair and should price manage to break the highlighted zone we may see a further bearish push to the downside to revisit, and sustain, a potential closure around the current low.
I will be setting an alert on this pair to inform me if/when price reaches the 1.16750 area, I can then monitor PA for opening potential shorts.
Huge 500+ pip potential move!
Don't miss the great sell opportunity in GBPAUDTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (2.0204). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. GBPAUD 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 support.
. The RSI is at 51.
Take Profits:
TP1= @ 1.9967
TP2= @ 1.9745
TP3= @ 1.9528
SL: Break Above R2
Don't miss the great sell opportunity in EURGBPTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.9035). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURGBP 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 support.
. The RSI is at 24.
Take Profits:
TP1= @ 0.8938
TP2= @ 0.8842
TP3= @ 0.8745
SL: Break Above R2
GBPUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.2015.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=1.223.
TP4: R2=1.2275.
Set the stoploss of these orders at breakout of S2=1.197.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=1.197.
In this situation, there is an expectation to reach the target S3=1.178.
Set the stoploss of reverse orders at breakout of S1=1.2015.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
GBPJPY Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=127.1.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=128.9.
TP4: R2=129.7.
Set the stoploss of these orders at breakout of S2=126.35.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=126.35.
In this situation, there is an expectation to reach the target S3=124.
Set the stoploss of reverse orders at breakout of S1=127.1.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
Don't miss the great sell opportunity in GBPNZDTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (2.0371). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. GBPNZD is in a range bound and the beginning of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 48.
Take Profits:
TP1= @ 2.0023
TP2= @ 1.9620
TP3= @ 1.8937
SL: Break Above R2
GBPJPY Intraday ForecastAs 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 S2=137.2.
In this situation, there is an expectation to reach the target S3=135.8.
Set the stoploss of reverse orders at breakout of S1=137.65.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
Don't miss the great buy opportunity in EURGBPTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.8441). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURGBP 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.
. The RSI is at 60.
Take Profits:
TP1= @ 0.8595
TP2= @ 0.8802
TP3= @ 0.9086
SL= Break below S2
Don't miss the great sell opportunity in GBPNZDTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (2.0485). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. GBPNZD 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 support.
. The RSI is at 60.
Take Profits:
TP1= @ 2.0273
TP2= @ 1.9995
TP3= @ 1.9415
SL: Break Above R2
Don't miss the great sell opportunity in GBPAUDTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.9655). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. GBPAUD 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 support.
. The RSI is at 60.
Take Profits:
TP1= @ 1.9522
TP2= @ 1.9343
TP3= @ 1.8765
SL: Break Above R2
GBPJPY Intraday ForecastAs 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 R2=144.05.
In this situation, there is an expectation to reach the target R3=145.1.
Set the stoploss of reverse orders at breakout of R1=143.85.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
Don't miss the great sell opportunity in GBPCADTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.7125). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. GBPCAD is in a range bound and the beginning of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 42.
Take Profits:
TP1= @ 1.6958
TP2= @ 1.6635
TP3= @ 1.5874
SL: Break Above R2
GBPJPY Intraday ForecastAs 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 S2=142.3.
In this situation, there is an expectation to reach the target S3=141.3.
Set the stoploss of reverse orders at breakout of S1=142.5.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
GBPJPY Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=142.7.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=143.45.
TP4: R2=144.
Set the stoploss of these orders at breakout of S2=142.6.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=142.6.
In this situation, there is an expectation to reach the target S3=141.7.
Set the stoploss of reverse orders at breakout of S1=142.7.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
GBPCHF trading support @ 1.2672 #forex #forexsignals
GBPCHF can be a nice 600 PIPs short below the indicated support at once, But here we will take a more moderate trade yet enjoying 300+ PIPs at once!!
Support - 1.2672
Entry - 1.2662
SL - 1.2864
TP - 1.2341
Supporting Fundamentals - The #Pound is fearing bears amidst all the Brexit Noises.
Will update the idea as it progresses and make comments.