ForecastCity_EU

ForecastCity_EU

As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=119. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=119.6. TP4: R2=120. Set the stoploss of these orders at breakout of S2=118.8. 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=134.8. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=135.7. TP4: R2=136.4. Set the stoploss of these orders at breakout of S2=134.6. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...

ForecastCity_EU

Technical analysis: . Ripple/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 75. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.28000to 0.24000). if so, traders can set orders based on Price Action...

ForecastCity_EU

Technical analysis: . Isimple/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 47. . While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue. Trading suggestion: . There is a...

ForecastCity_EU

As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=134.5. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=136. TP4: R2=136.6. Set the stoploss of these orders at breakout of S2=134. 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=133.55. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=134.55. TP4: R2=135.15. Set the stoploss of these orders at breakout of S2=133.35. 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 (1.63415). 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 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=1.105. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=1.1095. TP4: R2=1.1115. Set the stoploss of these orders at breakout of S2=1.103. 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=133.85. TP4: R2=134.4. Set the stoploss of these orders at breakout of S2=132.15. 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=118.25. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=119.15. TP4: R2=119.55. Set the stoploss of these orders at breakout of S2=118. 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=118. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=118.7. TP4: R2=119.15. Set the stoploss of these orders at breakout of S2=117.8. 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 1.0530, resumption of uptrend is expected. We make sure when the resistance at 1.0730 breaks. If the support at 1.0530 is broken, the short-term forecast -resumption of uptrend- will be invalid. We will close our open trades, if the Midterm level 1.0530 is broken. Technical analysis: The ascending flag...

ForecastCity_EU

Trading suggestion: . There is a possibility of temporary retracement to suggested support line (106.75). 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 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 (1.2200). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . GBPUSD 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

Technical analysis: . Walton/Ethereum 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 30. . While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue. Trading suggestion: . There is a...

ForecastCity_EU

Technical analysis: . IOST/ETHEREUM 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 44. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00003800 to 0.00003200). 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=1.214. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=1.223. TP4: R2=1.227. Set the stoploss of these orders at breakout of S2=1.211. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...

ForecastCity_EU

Technical analysis: . Vechain/Ethereum 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 48. . While the price downtrend in the daily chart is not broken, bearish wave in price would continue. Trading suggestion: . There is a possibility of temporary...