Technical analysis:
. ZCASH/DOLLAR is in a downtrend 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.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (164.00 to 142.00). if so, traders can set orders based on Price Action...
Technical analysis:
. LITECOIN/DOLLAR is in a downtrend but 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.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of resumption of uptrend is increased.
Trading suggestion:
. We have...
Technical analysis:
. BITCOINGOLD/DOLLAR is in a downtrend but the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 44.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of resumption of uptrend is increased.
Trading suggestion:
. We have...
Technical analysis:
. VERITASEUM/DOLLAR is in a range bound but the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 52.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of resumption of uptrend is increased.
Trading suggestion:
. We have...
Technical analysis:
. NEO/DOLLAR is in a downtrend but the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 56.
. The RSI downtrend #1 & The price downtrend in the daily chart are broken, so the probability of resumption of uptrend is increased.
Trading suggestion:
. We have already...
Technical analysis:
. DASH/DOLLAR is in a downtrend but the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 45.
. The RSI downtrend #1 & The price downtrend in the daily chart are broken, so the probability of resumption of uptrend is increased.
Trading suggestion:
. We have...
Technical analysis:
. MONERO/DOLLAR is in a range bound but 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 RSI downtrend & The price downtrend in the daily chart are broken, so the probability of resumption of uptrend is increased.
Trading suggestion:
. We have...
Midterm forecast:
There is no trend in the market and the price is in a range bound, but we forecast resumption of uptrend.
Technical analysis:
. The RSI bounced from the support #1 at 26 and it prevented the price from more losses.
. The RSI downtrend #2 is broken, so the probability of resumption of uptrend is increased.
. Price is below WEMA21, if price...
New trading suggestion:
*The price is in a downtrend and we forecast the downtrend would continue.
*There is still a possibility of temporary retracement to suggested resistance line(0.6820). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Entry signal:
Signal to enter the market occurs when the price comes to ...
It have temporarily updated the latest low of 0.74126 this week.
Recently, the resistance line works smoothly and it goes down one step, so if you go as it is, it will be the trend price since 2015.
Weekly chart
There are four lines that become the barrier. (There are many)
1) MPP (S2) 0.73356
2) YPP (S1) 0.72900
3) MPP (S3) 0.72586
4) Horizontal line near...
The daily chart of USD/JPY is currently in a downtrend.
The pair witnessed a strong buying action from the values of 105.
Now the pair is currently hovering around its 200 day moving average.
Earlier the pair was in the process of head and shoulder pattern but it was negated by the buyers.
We expect the buying pressure to further intensify once it crosses the...
Technical analysis:
. IOSTOKEN/DOLLAR is in a range bound and beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 45.
. The RSI downtrend #1 is broken, so the probability of beginning of uptrend is increased.
Trading suggestion:
. The price is in a range bound and we forecast the...
New trading suggestion:
*The price is in an uptrend and we forecast the uptrend would continue.
*There is still a possibility of temporary retracement to suggested support line (440.100). if so, traders can set orders based on Price Action and expect to reach short-term targets.
* If you missed our first HUNT, you have a second chance to buy above the...
Midterm Forecast:
The current trend is uptrend and the forecast is the continuation of uptrend.
Technical analysis:
While the RSI uptrend #1 is not broken, bullish wave in price would continue.
Price is below WEMA21, if price rises more, this line can act as a dynamic resistance against more gains.
Relative strength index (RSI) is 51.
Trading suggestion:...
Midterm forecast:
1.2090 is a major resistance, while this level is not broken, the Midterm wave will be downtrend.
Technical analysis:
. The RSI bounced from the downtrend #1 and it prevented price from more gains.
. A peak is formed in daily chart at 1.1840 on 06/07/2018, so more losses to support(s) 1.1510, 1.1440, 1.1180 and more depths is expected.
....
USD 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
EOS/DOLLAR
New trading suggestion:
*The price is in a range bound and we forecast the uptrend would resume.
*There is still a possibility of temporary retracement to suggested support line(12.00). if so, traders can set orders based on Price Action and expect to reach short-term targets.
* If you missed our first HUNT, you have a second chance to buy above...
