ForecastCity_EU

ForecastCity_EU

Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.3987). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDCAD is in a down trend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. ....

ForecastCity_EU

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...

ForecastCity_EU

Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1.0919). 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 downtrend is expected. . The price is below the 21-Day WEMA which acts as a...

ForecastCity_EU

As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1.0935. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=1.0885. TP4: S2=1.0845. Set the stoploss of these orders at breakout of R2=1.0965. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout...

ForecastCity_EU

As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=118. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=117.3. TP4: S2=116.9. Set the stoploss of these orders at breakout of R2=118.2. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of...

ForecastCity_EU

As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.09. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=1.096. TP4: R2=1.1025. Set the stoploss of these orders at breakout of S2=1.0885. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...

ForecastCity_EU

Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.8744). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURGBP 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...

ForecastCity_EU

As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.619. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.625. TP4: R2=0.6315. Set the stoploss of these orders at breakout of S2=0.6155. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...

ForecastCity_EU

As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=0.9745. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=0.9675. TP4: S2=0.965. Set the stoploss of these orders at breakout of R2=0.979. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of...

ForecastCity_EU

Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1641.00). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . XAUUSD 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....

ForecastCity_EU

Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.0857). 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 below the 21-Day WEMA which acts as a dynamic...

ForecastCity_EU

As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.6045. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.6115. TP4: R2=0.616. Set the stoploss of these orders at breakout of S2=0.6035. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...

ForecastCity_EU

Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (109.19). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDJPY is in a range bound and the beginning of downtrend is expected. .The price is above the 21-Day WEMA which acts as a...

ForecastCity_EU

As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.5875. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.5945. TP4: R2=0.597. Set the stoploss of these orders at breakout of S2=0.5845. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...

ForecastCity_EU

Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1.7455). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . GBPCAD is in a range bound and the beginning of downtrend is expected. .The price is above the 21-Day WEMA which acts as a...

ForecastCity_EU

Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.8769). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURGBP 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...

ForecastCity_EU

Trading suggestion: . There is a possibility of temporary retracement to suggested support line (75.89). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . CADJPY 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....

ForecastCity_EU

Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1595.00). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . XAUUSD 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....