ForecastCity_ME

ForecastCity_ME

Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (75.2). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . AUDJPY is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic...

ForecastCity_ME

Trade Setup summary: Profit targets=37000 pip (2000+ 4000 + 6000 + 10000 + 15000) Stop Loss =11000 pip Reward/Risk > 3.3: 1 Current Status: Total Profit: 22700 pip Closed trade(s): 12000 pip Profit Open trade(s): 10700 pip Profit Trade Setup: We opened 5 BUY trade(s) @ 0.19 based on 'previous Forecast' at 2020.07.16 : ...

ForecastCity_ME

Trading suggestion: . There is a possibility of temporary retracement to suggested support line (135.9). 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 above the 21-Day WEMA which acts as a dynamic support. ....

ForecastCity_ME

Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.9156). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDCHF 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_ME

Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.669). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . NZDUSD is in a range bound and the beginning of downtrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic...

ForecastCity_ME

Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.91). 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 downtrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic...

ForecastCity_ME

Trade Setup summary: Profit targets=659 pip (45 + 72 + 137 + 191 + 214) Stop Loss =140 pip Reward/Risk > 4.7 : 1 Current Status: Total Profit: 309 pip Closed trade(s): 117 pip Profit Open trade(s): 192 pip Profit Trade Setup: We opened 5 BUY trade(s) @ 1.0676 based on 'previous Forecast' at 2020.07.27 : Closed Profit: TP1 @...

ForecastCity_ME

Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.929). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . GBPNZD 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_ME

Trading suggestion: . There is a possibility of temporary retracement to suggested resistance line (0.6888). 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 downtrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic...

ForecastCity_ME

Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.0735). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURCHF 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_ME

Midterm forecast: . 0.7030 is a major support, while this level is not broken, the Midterm wave will be uptrend. Technical analysis: . While the RSI support #1 at 51 is not broken, the probability of price decrease would be too low. . A peak is formed in daily chart at 0.7176 on 07/22/2020, so more losses minimum to Major Support (0.7030) is expected. . Price...

ForecastCity_ME

Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.6600). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . NZDUSD 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...

ForecastCity_ME

Midterm forecast: . While the price is above the support 22.50, beginning of uptrend is expected. . We make sure when the resistance at 50.65 breaks. . If the support at 22.50 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: . The RSI downtrend #1 is broken, so the probability of beginning of uptrend is...

ForecastCity_ME

Midterm forecast: . 1818.00 is a major support, while this level is not broken, the Midterm wave will be uptrend. Technical analysis: . While the RSI uptrend #1 is not broken, bullish wave in price would continue. . A peak is formed in daily chart at 1818.00 on 07/07/2020, so more losses minimum to Major Support (1818.00) is expected. . Price is above WEMA21,...

ForecastCity_ME

Trade Setup summary: Profit targets=39800 pip (500 + 1000 + 1300 + 1500 + 1900 + 2600 + 3600 + 5400+ 8500 + 13500) Stop Loss =800 pip Reward/Risk > 16.9 : 1 Current Status: Total Profit: 2345 pip Closed trade(s): 284 pip Profit Open trade(s): 2061 pip Profit Trade Setup: We opened 10 BUY trade(s) @ 0.004716 based on 'previous...

ForecastCity_ME

Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.9115). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . GBPNZD 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_ME

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

ForecastCity_ME

Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (70.7). 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 downtrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic...