ForecastCity_EU

ForecastCity_EU

Technical analysis: . EthereumClassic/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 41. . While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue. Trading suggestion: . There...

ForecastCity_EU

As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=129. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=130.3. TP4: R2=130.95. Set the stoploss of these orders at breakout of S2=128.1. 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 (129.06). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . GBPJPY 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=1.116. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=1.1225. TP4: R2=1.1245. Set the stoploss of these orders at breakout of S2=1.114. 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=1.114. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=1.119. TP4: R2=1.1205. Set the stoploss of these orders at breakout of S2=1.113. 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 1.0275, resumption of uptrend is expected. We make sure when the resistance at 1.0630 breaks. If the support at 1.0275 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: While the RSI downtrend #1 is not broken, bearish wave in price would continue. Price is...

ForecastCity_EU

As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.212. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=1.221. TP4: R2=1.2245. Set the stoploss of these orders at breakout of S2=1.21. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...

ForecastCity_EU

Technical analysis: . Tron/US 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 40. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.021400 to 0.018100). if so, traders can set orders based on Price...

ForecastCity_EU

As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=131.6. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=132.85. TP4: R2=133.3. Set the stoploss of these orders at breakout of S2=131.5. 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 (1.6815). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EUR/NZD 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: 15.60 is a major support, while this level is not broken, the Midterm wave will be uptrend. Technical analysis: The RSI bounced from the support #1 at 48 and it prevented price from more losses. A trough is formed in daily chart at 14.89 on 07/05/2019, so more gains to resistance(s) 17.20, 18.10 and more heights is expected. Price is above...

ForecastCity_EU

Trading suggestion: . There is a possibility of temporary retracement to suggested support line (9325.90). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . BTCUSD 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

Technical analysis: . ARK/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 52. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.37116000 to 0.26149000). if so, traders can set orders based on Price...

ForecastCity_EU

Technical analysis: . IOTA/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 40. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.2660 to 0.2045). if so, traders can set orders based on Price Action...

ForecastCity_EU

As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=120.75. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=121.4. TP4: R2=121.65. Set the stoploss of these orders at breakout of S2=120.2. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...

ForecastCity_EU

Technical analysis: . Dash/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 38. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (104.00 to 84.00). if so, traders can set orders based on Price Action...

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 39. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.08495 to 0.07211). if so, traders can set orders based on Price...

ForecastCity_EU

As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=134.65. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=135.35. TP4: R2=135.85. Set the stoploss of these orders at breakout of S2=134.4. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...