ForecastCity_EU

ForecastCity_EU

As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1.1315. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=1.1265. TP4: S2=1.124. Set the stoploss of these orders at breakout of R2=1.1335. 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=136.7. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=137.5. TP4: R2=137.8. Set the stoploss of these orders at breakout of S2=136.5. 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 14.80, beginning of uptrend is expected. We make sure when the resistance at 16.20 breaks. If the support at 14.80 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: While the RSI support #1 at 49 is not broken, the probability of price decrease would be too...

ForecastCity_EU

Technical analysis: . Dash/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 34. . 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...

ForecastCity_EU

As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=0.9795. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=0.974. TP4: S2=0.9695. Set the stoploss of these orders at breakout of R2=0.9815. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of...

ForecastCity_EU

Technical analysis: . Augur/Ethereum 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. . The RSI is at 40. . 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 38. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00003930 to 0.00003600). if so, traders can set orders based on...

ForecastCity_EU

Technical analysis: . Cardano/Ethereum 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. . The RSI is at 29. . 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=136.3. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=137.1. TP4: R2=137.5. Set the stoploss of these orders at breakout of S2=136.05. 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 (71.500). 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 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 beginning of uptrend. Technical analysis: Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. Relative strength index ( RSI ) is 78. New trading suggestion: *There is still a possibility of temporary...

ForecastCity_EU

Midterm forecast: 0.370 is a major support, while this level is not broken, the Midterm wave will be uptrend. Technical analysis: Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. Relative strength index ( RSI ) is 61. New trading suggestion: *There is still a possibility of temporary retracement to...

ForecastCity_EU

As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.694. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.698. TP4: R2=0.7. Set the stoploss of these orders at breakout of S2=0.693. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...

ForecastCity_EU

Midterm forecast: 98.50 is a major support, while this level is not broken, the Midterm wave will be uptrend. Technical analysis: Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. Relative strength index ( RSI ) is 74. New trading suggestion: *There is still a possibility of temporary retracement to...

ForecastCity_EU

As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.137. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=1.1415. TP4: R2=1.1445. Set the stoploss of these orders at breakout of S2=1.1345. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...

ForecastCity_EU

Midterm forecast: 0.4015 is a major support, while this level is not broken, the Midterm wave will be uptrend. Technical analysis: Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. Relative strength index ( RSI ) is 55. New trading suggestion: *There is still a possibility of temporary retracement to...

ForecastCity_EU

Technical analysis: . NEM/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 56. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.0850 to 0.0630). if so, traders can set orders based on Price Action and...

ForecastCity_EU

Midterm forecast: 250.00 is a major support, while this level is not broken, the Midterm wave will be uptrend. Technical analysis: The RSI downtrend #1 is broken, so the probability of continuation of uptrend is increased. Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. Relative strength index (RSI) is...