As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=108.65. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=109.15. TP4: R2=109.35. Set the stoploss of these orders at breakout of S2=108.45. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
Technical analysis: . Augur/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 50. . 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 to...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.25. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=1.2555. TP4: R2=1.259. Set the stoploss of these orders at breakout of S2=1.248. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
USDINR 4 hours time frame short term bullish target 69.105. stop 68.410
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.254. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=1.259. TP4: R2=1.2615. Set the stoploss of these orders at breakout of S2=1.2505. 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=1.1315. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=1.1265. TP4: S2=1.124. Set the stoploss of these orders at breakout of R2=1.1335. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of...
Usdinr moves as predicted from pre-election period. Keep focusing on further target our SL range of 70.60 as the highest support levels and and 68.48 is our next resistance levels following the 68 levels.
Usdinr has started it's move? With closing at the top on Wednesday and then making lows on Friday. Furthermore, giving signals in forex with an opening at 69.39 levels shows a higher volatility in the market. On technical front, USDINR has its Resistance at 70.30, and 70.60 level s. Any crossing above that would lead to depreciation in rupee to the levels...
As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=0.9795. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=0.974. TP4: S2=0.9695. Set the stoploss of these orders at breakout of R2=0.9815. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of...
If 69.089 holds then a sharp up move expected to 69.442. If 69.002 breaks then sharp down move til 68.80 and 68.70 possible.
Midterm forecast: There is no trend in the market and the price is in a range bound, but we forecast beginning of uptrend. Technical analysis: Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. Relative strength index ( RSI ) is 78. New trading suggestion: *There is still a possibility of temporary...
Midterm forecast: 0.370 is a major support, while this level is not broken, the Midterm wave will be uptrend. Technical analysis: Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. Relative strength index ( RSI ) is 61. New trading suggestion: *There is still a possibility of temporary retracement to...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.694. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.698. TP4: R2=0.7. Set the stoploss of these orders at breakout of S2=0.693. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
Midterm forecast: 98.50 is a major support, while this level is not broken, the Midterm wave will be uptrend. Technical analysis: Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. Relative strength index ( RSI ) is 74. New trading suggestion: *There is still a possibility of temporary retracement to...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.137. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=1.1415. TP4: R2=1.1445. Set the stoploss of these orders at breakout of S2=1.1345. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
Midterm forecast: 0.4015 is a major support, while this level is not broken, the Midterm wave will be uptrend. Technical analysis: Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. Relative strength index ( RSI ) is 55. New trading suggestion: *There is still a possibility of temporary retracement to...