Nexus NXSUSD

ForecastCity Premium

Technical analysis: . NEXUS/USDollar 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 42. . The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of...

ForecastCity Premium

Technical analysis: . NEXUS/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 51. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility of...

ForecastCity Premium

Technical analysis: . NEXUS/DOLLAR is in a Range Bound and Beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 39. Trading suggestion: There is a possibility of temporary retracement to suggested support zone (1.81 to 1.22). if so, traders can set orders based on...

himeshforex

decent consolidation, a close above this pattern is signal for next directional trend