Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.4968).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURSGD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.62151).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURSGD is in a downtrend, and the continuation of the downtrend is expected.
. The price is below the 21-Day WEMA, which...
Mid-Term Forecast
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (1.5928).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURSGD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts...
Trading suggestion:
If the Midterm level 1.5240 is broken, we will close open trades.
Price may also reach 1.5240, if price reaches this level, there is a second chance to get more profit and reinvest by Daily-Trading-Opportunities signals. This suggestion is not according to our STRATEGY , and depends on personal strategies.
Midterm forecast:
While the...
