ForecastCity_EU

ForecastCity_EU

As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=131.45. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=132.25. TP4: R2=132.5. Set the stoploss of these orders at breakout of S2=131.25. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...

ForecastCity_EU

Technical analysis: . Augur/Dollar 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 34. . 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...

ForecastCity_EU

Technical analysis: . Stellar/Dollar 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 43. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.04950000 to 0.03500000). if so, traders can set orders based on...

ForecastCity_EU

As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.673. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.6775. TP4: R2=0.68. Set the stoploss of these orders at breakout of S2=0.672. Stop and reverse: If trend gets reversed, sell (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=1.0935. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=1.098. TP4: R2=1.1005. Set the stoploss of these orders at breakout of S2=1.0915. Stop and reverse: If trend gets reversed, sell (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=132.45. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=133.4. TP4: R2=133.95. Set the stoploss of these orders at breakout of S2=132.3. 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 (1.2233). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . GBPCHF 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

Midterm forecast: There is no trend in the market and the price is in a range bound, but we forecast an uptrend wave above 1.0630 would begin in Midterm. We will close our open trades, if the Midterm level 1.0630 is broken. Technical analysis: While the RSI support #1 at 53 is not broken, the probability of price decrease would be too low. A peak is formed in...

ForecastCity_EU

Technical analysis: . MONACOIN/BITCOIN 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 56. . The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There...

ForecastCity_EU

Technical analysis: . 0X/BITCOIN 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 77. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a...

ForecastCity_EU

As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=107.6. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=108.05. TP4: R2=108.25. Set the stoploss of these orders at breakout of S2=107.45. 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 (0.6700). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . AUDCHF 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 (67.950). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . NZDJPY 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=132.85. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=133.85. TP4: R2=134.25. Set the stoploss of these orders at breakout of S2=132.65. 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 (0.7460). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . CADCHF 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

As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.631. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.636. TP4: R2=0.638. Set the stoploss of these orders at breakout of S2=0.63. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...

ForecastCity_EU

Midterm forecast: While the price is above the support 115.850, beginning of uptrend is expected. We make sure when the resistance at 120.800 breaks. If the support at 115.850 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: There is a divergence in RSI and price between the trough at 117.665 on 2019-08-05 and the...

ForecastCity_EU

Technical analysis: . AGRELLO/US 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 60. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.04700000 to 0.02750000). if so, traders can set orders based on...