The price action has so far only been indicating straight bullish candles. Will the red Trendline have any impact? .. is what we need to see.
As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1.0935. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=1.0885. TP4: S2=1.0845. Set the stoploss of these orders at breakout of R2=1.0965. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.09. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=1.096. TP4: R2=1.1025. Set the stoploss of these orders at breakout of S2=1.0885. 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=0.619. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.625. TP4: R2=0.6315. Set the stoploss of these orders at breakout of S2=0.6155. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=0.9745. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=0.9675. TP4: S2=0.965. Set the stoploss of these orders at breakout of R2=0.979. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.0857). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURUSD 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...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.6045. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.6115. TP4: R2=0.616. Set the stoploss of these orders at breakout of S2=0.6035. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (109.19). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDJPY is in a range bound and the beginning of downtrend is expected. .The price is above the 21-Day WEMA which acts as a...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.5875. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.5945. TP4: R2=0.597. Set the stoploss of these orders at breakout of S2=0.5845. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
USD Inr has given good breakout. All levels given in chart. I am a simple person who follows simple things without complication. This call is only for educational purpose. Awaiting for your comments. Correct me if I am wrong.
elliott wave of usdollar indian rupees - daily chart
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1595.00). 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 uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support....
Look t the momemtum of moving upward. Expeccted downward move from approx. 13 APRL 2020 . The speed or momemutm which these currencies are going up is expected to fall at the same speed.
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.096. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=1.1055. TP4: R2=1.1085. Set the stoploss of these orders at breakout of S2=1.093. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1.4185). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDCAD is in a range bound and the beginning of downtrend is expected. .The price is above the 21-Day WEMA which acts as a...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.0975. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=1.106. TP4: R2=1.1105. Set the stoploss of these orders at breakout of S2=1.095. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...