As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.1205.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=1.125.
TP4: R2=1.1265.
Set the stoploss of these orders at breakout of S2=1.1185.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of...
NZDUSD Analysis: Price is currently above support zone price 0.66528 and underneath trend-line. We expecting price to possibly test trend-line and continue sell towards support zone 0.66528 Long-Term daily timeframe
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.118.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=1.122.
TP4: R2=1.126.
Set the stoploss of these orders at breakout of S2=1.117.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of...
Midterm forecast:
While the price is above the support 1.4750, beginning of uptrend is expected.
We make sure when the resistance at 1.5285 breaks.
If the support at 1.4750 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:
While the RSI downtrend #1 is not broken, bearish wave in price would continue.
A peak is...
Hey Guys,
USDINR looks good for trade, currently on the weekly resistance zone and most probably it's going to go down from here(decision on Crude Oil on 3rd May is going to also impact it). There are 2 scenarios I have plotted in the charts
1. reaction in the upcoming months from the similarity of historical candles
2. From the combination of support resistance...
As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=111.7.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: S1=111.35.
TP4: S2=111.25.
Set the stoploss of these orders at breakout of R2=111.8.
Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of...
Price Sold as expected and is currently below resistance zone price 0.67477 and underneath trend-line. We expecting price to continue sell towards support zone 0.66528 then a possible retracement to trend-line Long-Term daily timeframe.
USDINR is riding slowing on a bull trend with an strong support at ₹69.13, 69.001 and 68.47
Whenever it touches any of the support don't panic and wait for it to give a closing price of the day. If it below then it is still in bear trend.
Otherwise, taking the (SL) of ₹69.06 with the target of 69.70 and 70.20 in coming days.
Eurusd after making a support at 1.1180 levels. Ready to take a rebound to the levels of 1.1400+
So trade wisely, A buying opportunity will come at 1.1270 near levels. With an sl of 1.1180
Target 1.1400
Price sold as expected and is currently under support zone price 0.67477 and under resistance trendline we expecting price to test resistance zone price 0.67477 and continue sell Long-Term daily timeframe
Price is currently below trendline heading towards support zone price 110.934 When price reaches expect retracement around same zone price to test trendline or resistance 111.863
Long-term daily timeframe
NZDUSD Analysis: Price is currently under resistance zone price 0.68409 and under resistance trendline we expecting price heading towards support price 0.67477
USDJPY Analysis: Price is currently above trendline heading towards resistance zone price 111.863 When price reaches expect slight retracement around same resistance price Long-term daily timeframe
