USD (US Dollar)
USDINR 22-08-2022USDINR is moving in a range now. Key data points for 22-08-2022 in spot.
If it sustains above 79.86 then it may move up to hit the top of the channel that is 79.97-80.
For short, if it breaks the channel and sustains below 79.75 then it may hit 79.65, 79.55, 79.35.
Oi data for future, maximum resistance at 80 and support at 79
💡Don't miss the great buy opportunity in MATICUSD @0xPolygonTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.8140).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. MATICUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 64.
Take Profits:
TP1= @ 0.9731
TP2= @ 1.0538
TP3= @ 1.1732
TP4= @ 1.3530
TP5= @ 1.4755
SL= Break below S2
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💡Don't miss the great buy opportunity in NEARUSD @NEARProtocolTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (4.749).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. NEARUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 72.
Take Profits:
TP1= @ 5.198
TP2= @ 5.631
TP3= @ 6.497
TP4= @ 7.628
TP5= @ 8.877
SL= Break below S2
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USDMXN AnalysisSetup Contains:
1. Stop Hunt (Sell Side Liquidity)
2. Break of Structure
3. Return to Orderblock (Expecting)
We need to have LTF Confirmation before even entering the trade. Our projected area would be the liquidity & IMBALANCE above where the Selling POI also resides.
FOLLOW PAFX & TRADE LIKE BANKS 💸
💡Don't miss the great buy opportunity in FTMUSD @FantomFDNTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.3121).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. FTMUSDT is in a range bound, and the beginning of an 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= @ 0.3578
TP2= @ 0.3878
TP3= @ 0.4310
TP4= @ 0.5228
TP5= @ 0.6147
SL= Break below S2
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USDINR 19/08/2022USDINR showing strong support to not come down. Even Dollar index stands at 107 which is really high. All are due to current global situations and also due to the resilience shown by US economy.
At spot market USDINR is at 79.70. For 19-08-2022 if we see long side then in spot market it has to cross 79.75.
Next targets will be 79.95, 80.05, 80.20.
To go short intraday, it has to come below 79.55.
Next targets will be 79.33, 79.16, 78.98.
OI data for USDINR future for 19th Aug expiry.
Strong support 79.5
Strong resistance 79.75, 80.
💡Don't miss the great buy opportunity in USDTRYTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (17.9722).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. USDTRY is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 67.
Take Profits:
TP1= @ 18.5000
TP2= @ 19.0000
TP3= @ 19.5000
TP4= @ 20.0000
TP5= @ 20.5000
SL= Break below S2
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Trading Signal For EURUSD Trading Setup:
There is a Trading Signal to Sell in EURUSD Currency Pair.
Traders can open their Sell Trades NOW
⬇️Sell Now or Sell on 1.0208
⭕️SL@ 1.0239
🔵TP1@ 1.0111
🔵TP2@ 1.0050
🔵TP3@ 0.9928
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
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💡Don't miss the great buy opportunity in SHIBUSD @ShibtokenTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.00001142).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. SHIBUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 50.
Take Profits:
TP1= @ 0.00001227
TP2= @ 0.00001314
TP3= @ 0.00001437
TP4= @ 0.00001592
TP5= @ 0.00001796
SL= Break below S2
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BTC/USD - weekly Analytics + Altcoins 15.08.2022Bitcoin continues to be in a key range (see the chart). The main level for consolidation and continuation of the uptrend is 24.450. Pro-trading, price consolidation above it will increase the chances for further growth of quotations. We are continuing to monitor the situation.
Altcoins:
Tron also continued to consolidate, which indicates the levels formed by a major player to gain a position, after the final break of the correction we expect the acceleration of the trend.
💡Don't miss the great buy opportunity in CROUSD @cryptocomTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.1265).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. CROUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 50.
Take Profits:
TP1= @ 0.1406
TP2= @ 0.1499
TP3= @ 0.1646
TP4= @ 0.1798
TP5= @ 0.1924
SL= Break below S2
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💡Don't miss the great buy opportunity in DOGEUSD @dogecoinTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.07323).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. DOGEUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 74.
Take Profits:
TP1= @ 0.08288
TP2= @ 0.09324
TP3= @ 0.10985
TP4= @ 0.13327
TP5= @ 0.16565
SL= Break below S2
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💡Don't miss the great buy opportunity in SHIBUSD @ShibtokenTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.00001308).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. SHIBUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 82.
Take Profits:
TP1= @ 0.00001704
TP2= @ 0.00002005
TP3= @ 0.00002201
TP4= @ 0.00002522
TP5= @ 0.00002864
SL= Break below S2
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💡GOLD (XAUUSD) - Weekly Technical Analysis UpdateMidterm forecast:
While the price is above the support 1680.80, beginning of uptrend is expected.
We make sure when the resistance at 1807.13 breaks.
If the support at 1680.80 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:
The RSI downtrend #1 is broken, so the probability of beginning of uptrend is increased.
A trough is formed in daily chart at 1680.80 on 07/21/2022, so more gains maximum to Major Resistance (1807.13) is expected.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index ( RSI ) is 61.
Take Profits:
1752.71
1785.00
1807.13
1832.23
1878.75
1926.82
1959.30
2000.00
2074.89
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💡Don't miss the great buy opportunity in LINKUSD @ChainlinkTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (7.573).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. LINKUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 8.114
TP2= @ 8.449
TP3= @ 9.000
TP4= @ 9.637
TP5= @ 10.398
SL= Break below S2
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💡Don't miss the great buy opportunity in ETCUSD @eth_classicTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (39.56).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ETCUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 76.
Take Profits:
TP1= @ 45.32
TP2= @ 48.31
TP3= @ 52.13
TP4= @ 55.77
TP5= @ 60.90
SL= Break below S2
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💡Don't miss the great buy opportunity in BTCSTUSD @BTCST2020Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (21.43).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BTCSTUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 72.
Take Profits:
TP1= @ 27.16
TP2= @ 31.92
TP3= @ 37.43
TP4= @ 41.81
TP5= @ 48.75
SL= Break below S2
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💡Don't miss the great buy opportunity in KAVAUSD @Kava_SwapTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (2.111).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. KAVAUSDT is in a range bound, and the beginning of an 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= @ 2.388
TP2= @ 2.725
TP3= @ 3.059
TP4= @ 3.333
TP5= @ 3.648
SL= Break below S2
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💡Don't miss the great buy opportunity in RVNUSD @RavencoinTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.03764).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. RVNUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 58.
Take Profits:
TP1= @ 0.04253
TP2= @ 0.04849
TP3= @ 0.05739
TP4= @ 0.06274
TP5= @ 0.06779
SL= Break below S2
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EURUSD Macro and Technical ViewPoor macros, #Gas prices continue to rise and the risk of rationing and high prices continue to haunt the continent. European gas contract are near to click a fresh all time high. On technical terms we can see multiple descending trendlines pushing the pair down . The fall below parity and quick 3 day short covering pushed #EURUSD to 1.02700. Current trading range for the pair is 1.02700 - 1.02000 and a break above or below that will decide further action. Technical Structure and Macro factors are signaling bearish action for upcoming days.
💡Don't miss the great buy opportunity in XAUUSD (GOLD)Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1697.6).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XAUUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 67.
Take Profits:
TP1= @ 1723.6
TP2= @ 1745.1
TP3= @ 1763.5
TP4= @ 1785.1
TP5= @ 1809.9
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
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💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
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Trade well, ❤️
ForecastCity English Support Team ❤️