Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.1000). 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 above the 21-Day WEMA which acts as a dynamic support....
USDINR is moving in a wedge. Longs can be added on closing basis after break of upper line. SHORTS can be added on closing basis after break of lower line. Not advisable to take positions on inside the wedge. Will update more on any significant moves. Date: 10/09/2019 This is the 3H chart. Your positions are your own sound decisions. I am not responsible...
Technical analysis: . Tron/US 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 60. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.014500 to 0.011100). if so, traders can set orders based on Price...
EMA 6 crossing EMA 21 RSI divergence Ratio 2-1
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.627. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.631. TP4: R2=0.6335. Set the stoploss of these orders at breakout of S2=0.626. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
The daily chart shows that the trends continue to be in favour of the INR as the prices have been unable to move beyond the median line of the Pitchfork. Despite the strong strengthening of the Dollar the INR seems to be holding to its gains. Will it translate into some benefit for the Indian equity markets is something that will transpire tin the coming...
Technical analysis: . Augur/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 34. . The RSI downtrend is broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement...
works with 1 second chart to monthly chart without any issue, no repaint at all.
Technical analysis: . Stellar/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 43. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.04950000 to 0.03500000). if so, traders can set orders based on...
works with 1 second chart to monthly chart without any issue, no repaint at all.
works with 1 second chart to monthly chart without any issue, no repaint at all.
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.673. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.6775. TP4: R2=0.68. Set the stoploss of these orders at breakout of S2=0.672. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
works with 1 second chart to monthly chart without any issue, no repaint at all.
works with 1 second chart to monthly chart without any issue, no repaint at all.
USD/TRY is expected to breakout or breakdown from triangle pattern. reducing volumes shows indecisiveness of the market. May take two to three months to take a clear upward or downward direction. upward target 6.0 , downward target 5.5
With the global economic slowdown, dollar Index will soon spurt to new high thus impacting most of the emerging countries as well. So beware with all moves. Though Indian government is doing everything possible but when their is no sales then expecting positive results is worthless.
works with 1 second chart to monthly chart without any issue, no repaint at all.