Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.4162). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDSGD 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....
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.6075). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . NZDUSD is in a range bound and the beginning of downtrend is expected. .The price is above the 21-Day WEMA which acts as a...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.4040). 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 uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support....
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.6373). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . AUDUSD is in aptrend and the beginning of downtrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.576. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.586. TP4: R2=0.592. Set the stoploss of these orders at breakout of S2=0.5735. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
INR will be weak in the coming months. Target expecting beyond 84.
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.6322). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . NZDUSD 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=0.6585. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.6645. TP4: R2=0.6675. Set the stoploss of these orders at breakout of S2=0.6565. 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=0.665. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=0.6605. TP4: S2=0.6585. Set the stoploss of these orders at breakout of R2=0.6665. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of...
TREND ANALYSIS & TRADE SETUP Possible start of Uptrend. Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX.
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.6450). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . NZDUSD is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which acts as a...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1.3065). 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 below the 21-Day WEMA which acts as a...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.6415. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.6455. TP4: R2=0.6465. Set the stoploss of these orders at breakout of S2=0.6405. 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=0.638. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.642. TP4: R2=0.644. Set the stoploss of these orders at breakout of S2=0.637. 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=0.688. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.6915. TP4: R2=0.693. Set the stoploss of these orders at breakout of S2=0.686. 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=0.627. 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...
Though I'm just learning but this seems to be a Flag Breakout and we can buy at market or on some dips upto 70.30 for medium to long term targets of 75, 78 & 80 with a closing basis stop loss below 68. If I'm mistaken then please do correct me as I'm always open to learning the technical patterns and concepts. Thank you.