Search in ideas for "FOREX"
Don't miss the great buy opportunity in AUDNZDTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (1.0851).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AUDNZD 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 66.
Take Profits:
TP1= @ 1.0905
TP2= @ 1.0933
TP3= @ 1.0957
TP4= @ 1.0993
TP5= @ 1.1041
SL= Break below S3
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Don't miss the great buy opportunity in CADCHFTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.6920).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. CADCHF 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.
. The RSI is at 71.
Take Profits:
TP1= @ 0.6938
TP2= @ 0.6949
TP3= @ 0.6964
TP4= @ 0.6988
TP5= @ 0.7007
SL= Break below S3
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💡 Two Sell opportunity in NZDUSD , Mid-Term & Short-TermMid-Term Forecast:
Second Chance Trade Setup summary:
Profit targets= 3923 pip = { TP1=104 + TP2=219 + TP3=344 + TP4=579 + TP5=639 + TP6=789 + TP7=1249 }
Stop Loss = 497 pip
Reward/Risk > 7.9 : 1
New Trading suggestion:
". There is still a possibility of temporary retracement to suggested resistance line (0.6719) again.
if so, traders can set orders based on Price Action and expect to reach short-term targets."
New Take Profits:
TP1 = @0.6615
TP2 = @0.6500
TP3 = @0.6375
TP4 = @0.6240
TP5 = @0.6080
TP6 = @0.5930
TP7 = @0.5470
TP8 = Free
SL= Break above 0.6790
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Current Status of First Sell:
Total Profit: 570
Closed trade(s): 52 Profit
Open trade(s): 518 Profit
Trade Setup:
We opened 8 Sell trade(s) @ 0.6667 based on 'previous Forecast' at 09.21.2020:
Closed Profit:
TP1 @ 0.6615 touched at 2020.07.28 with 52 Profit.
Open Profit:
Open trade is 0.6593(current price) - 0.6667(open price) = 74
7 trade(s) still open, therefore total profit for open trade(s) is 74 x 7 = 518
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 dynamic resistance.
. The RSI is at 44.
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Short-Term Forecast
Trading suggestion:
". There is still a possibility of temporary retracement to suggested resistance line (0.6614).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. NZDUSD is in a downtrend and the continuation of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 38.
Take Profits:
TP1= @ 0.6575
TP2= @ 0.6500
TP3= @ 0.6446
TP4= @ 0.6375
TP5= @ 0.6333
SL: Break Above R2
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Don't miss the great buy opportunity in USDJPYTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (105.79).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. USDJPY 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.
. The RSI is at 65.
Take Profits:
TP1= @ 106.23
TP2= @ 106.55
TP3= @ 107.70
TP4= @ 108.15
TP5= @ 108.18
SL= Break below S2
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Don't miss this buy opportunity in EURCHFTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (1.0751).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURCHF 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 51.
Take Profits:
TP1= @ 1.0796
TP2= @ 1.0832
TP3= @ 1.0877
TP4= @ 1.0917
TP5= @ 1.0971
SL= Break below S3
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USDINR analysisUSDINR is looking bullish due to 2 reasons. First, a lot of tails are visible and tails are a sign of demand and we can expect the price to move higher with momentum. Second, a previous up move. During March, there was a strong rally towards 77 level and from there price is consolidating in a falling parallel channel. This structure is similar to a bull flag and hence we can expect that the breakout from the channel will result in a bullish move. Price is bound to consolidate and correct after a rally and this is a very common phenomenon. A correction is a great way to enter a bullish stock/indice/forex pair or any other instrument as you get a better price. This analysis is just my observation and not a recommendation. Trade with proper risk management!
I am not a SEBI registered investment advisor and hence do not follow my analysis blindly.
Be aware of what you are trading and the risk associated with it.
Stock market is risky and you can lose a lot of your capital.
Be wise and trade carefully!
Grateful!🙏
EUR/NZD on 1 Hr, wait for confirmationAbout me:- Your scammer demo forex guru is back!! I lived in the stone age era & gained immortality by slaying a Ninja Dragon & his unicorn friend about 2.6 million years ago, then the ninja dragon's master challenged me to fight him for his time travelling rainbow coloured shining sword & his rented Ferrari, of course after beating him as well I used his travelling sword along with rented ferrari came down here in the modern age of 2020, sold his ferrari and managed to gather some money for this trading.
Disclaimer:- Don't Listen to me, I'm not a financial advisor
USDINR down trend starts or Election Impact? Usdinr has started it's move?
With closing at the top on Wednesday and then making lows on Friday. Furthermore, giving signals in forex with an opening at 69.39 levels shows a higher volatility in the market.
On technical front, USDINR has its Resistance at 70.30, and 70.60 level s. Any crossing above that would lead to depreciation in rupee to the levels of 71 and above that.
Besides, on appreciation side, usdinr supports at 69.80, 69.45, 69.00, 68.48, 67.80 and 67.19 levels.. Breaking of these supports will lead to further appreciation in rupee.
Can it be Indian election exit polls impact or us-china trade war impact or the starting period of eurozone election period impact.
Be cautious with the trade.. News and views will be having its higher impact.
DAILY FREE FOREX SIGNALS FOR 12-03-2019 RFXSIGNALSGBPAUD SELL-1.86707
SL-1.87970
TP1-1.86290
TP2-1.85838
CHFJPY SELL-110.046
SL-110.369
TP1-109.829
TP2-109.615
GBPJPY SELL-146.742
SL-147.500
TP1-146.443
TP2-146.111
GBPCHF SELL-1.33328
SL-1.34123
TP1-1.32941
TP2-1.32543
CADJPY SELL-82.985
SL-83.311
TP1-82.819
TP2-82.665
USDJPY SELL-111.268
SL-111.552
TP1-111.119
TP2-110.920
Result will come soon
#fx #forex #fb
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USD INR Target @ 66.60-54 INFI FOREXUSD INR spot @ 67.04 ( trading near to support) pair is forming series of lower high, now it’s overall expectation for bearish (strong of Indian Rupee), will expected to test 66.60-70 in coming sessions.
Exporters are suggest to hedge this level 67.00 to 67.10,
Importers are open for the near term.
Short @ 67.10-67.00
Target @ 66.60-66.54
Currency DRIVE by INFI Forex
USD JPY @ 107.80 Forex Risk Management SolutionsUSD JPY Spot @ 106.90, In march this level have been tested several times, now we can expect as it’s break 106.90-92, inverted head and shoulder will be confirm. US $ will be strong and Yen will be week and we will see levels @ 107.80-84 and than 108.60
Currency Drive By INIFI FOPREX
Forex Advisory
Forex Risk Management Solutions
USD INR Currency Drive By INFI FOREX USD /INR spot @ 64.90 from last one month pair is ranging from 64.80-65.20-30, ones in a mid of month on 13th march market break 64.80, but unable to sustain below that, and keep in range 64.80-65.30, now market is potentially trying to form double top, now as it’s break 64.82-80, and test again, it would be confirm, for the target of 64.40.
Strategy: for the traders can go for short @ 64.84-82, for the target of 64.40, will also get premium.
Strategy for Business:
Exporters: Suggest to hedge @ 64.90 30% of their exposer, and 64.80 balance 40% of their 1 to 1½ month exposer, And balance open.
Importers: No need to hedge @ this levels, go open till the 64.40 @ 64.40, hedge at least 50% exposer. And remain open till next move.
Currency Drive By INFI FOREX
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USD INR Currency DRIVE INIF FOREXUSD INR Spot is 65.19, from March starting market ranging from 64.80-65.30, after testing the level 65.30 thrice in last 2 days and in the starting of March, but market still unable to break this, now market is above the middle line of the ranging that is 65.10, as market break 65.10 will test 64.80 then 64.40, on the other hand if market unable to break 65.10, it would expected to bearish towards 65.60-80
Currency DRIVE INIF FOREX
Forex Risk Management services
USD INR CURRENCY DRIVE, FOREX RISK MANAGEMENT USD INR Spot 64.81, after a strong rally yesterday market test 64.91( 3 months High), now trading in range 64.74-92, it’s expected before break 64.92, it would be ranging from 64.55-64.90.,
INFI FOREX ADVISORY
CURRENCY DRIVE
CURRENCY DRIVE INFI FOREX
"Makes FX Simplified"
EUR INR CURRENCY DRIVE Forex AdvisoryEUR INR Spot at 79.99, after testing the high 80.35, It’s highly expected market would be corrected till 79.33-30 (65%), and 78.54 (35%), as it’s break 79.84, in coming sessions, traders can go for short and also take premium advantage for coming sessions. Exporters are advise to hedge at least 60-70% at 79.80 to 80.04, and Importers are free to hedge till 78.60.
ON the other hand if it’s also forming Bullish Flag, if it’s break 80.24, will test 81.30 ( EUR INR Bullish less chances as EUR USD is expecting to depreciate till 1.2010)
CURRENCY DRIVE by INFI FOREX
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INIFI FORX ADVISORY