As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=112.3. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=112.8. TP4: R2=113.25. Set the stoploss of these orders at breakout of S2=112.1. 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=0.652. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.656. TP4: R2=0.6575. Set the stoploss of these orders at breakout of S2=0.6505. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
Looking for support on green bar or it has just made turn to complete the bigger falling wedge.
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.6495. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.654. TP4: R2=0.657. Set the stoploss of these orders at breakout of S2=0.648. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
Technical analysis: . QASH/DOLLAR 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 53. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.21470 to 0.13220). if so, traders can set orders based on Price Action...
Technical analysis: . GOLEM/DOLLAR 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 49. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.147 to 0.114). if so, traders can set orders based on Price Action...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.301. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=1.308. TP4: R2=1.3125. Set the stoploss of these orders at breakout of S2=1.2995. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
Technical analysis: . WALTON/DOLLAR 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 54. . The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of...
Keep watch dont enter now Wait for correct Entry zone
As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=113.35. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=112.8. TP4: S2=112.45. Set the stoploss of these orders at breakout of R2=113.55. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of...
Buy USDINR at 74.1 Stoploss 73.7 target 74.53
described in the chart .
USDINR went in a trading range at 73 and stayed there for sometime. Now it seems to have broken out strongly above the 73 level. Buy USDINR at 73.15 Stoploss 72.6 Target 73.7
Midterm forecast: There is no trend in the market and the price is in a range bound, but we forecast an uptrend wave above 5.0000 would begin in Midterm. Technical analysis: The RSI support #1 at 48 is broken, so the probability of resumption of uptrend is decreased. While the RSI downtrend #2 is not broken, bearish wave in price would continue. Price is below...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.6575. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.661. TP4: R2=0.664. Set the stoploss of these orders at breakout of S2=0.656. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...