ForecastCity_ME

ForecastCity_ME

Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.714). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . AUDUSD 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 (0.618). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . NZDCHF is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which acts as a...

ForecastCity_ME

Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.6655). 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...

ForecastCity_ME

Trade Setup summary: Profit targets=13929 pip (800 + 1543 + 2405 + 3436 + 5745) Stop Loss = 3245 pip Reward/Risk > 4.3:1 Current Status: Total Profit: 11684 pip Closed trade(s): 8184 pip Profit Open trade(s): 3500 pip Profit Trade Setup: We opened 5 BUY trade(s) @ 229.34 based on 'previous Forecast' at 2020.07.06 : Closed Profit: ...

ForecastCity_ME

Trade Setup summary: Profit targets=128513 pip (4059 + 6584 + 9744 + 15994 + 23224 + 29189 + 39719) Stop Loss =19901 pip Reward/Risk > 6.5: 1 Current Status: Total Profit: 122387 pip Closed trade(s): 20387 pip Profit Open trade(s): 51000 pip Profit Trade Setup: We opened 7 BUY trade(s) @ 805.00 based on 'previous Forecast' at...

ForecastCity_ME

Trading suggestion: . There is a possibility of temporary retracement to suggested support line (123.74). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURJPY 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

Trade Setup summary: Profit targets=373800 pip (24200 + 34100 + 43200 + 66900 + 85700 + 119700) Stop Loss =81600 pip Reward/Risk > 4.6 : 1 Current Status: Total Profit: 70348 pip Closed trade(s): 24500 pip Profit Open trade(s): 45848 pip Profit Trade Setup: We opened 6 BUY trade(s) @ 9212.00 based on 'previous Forecast' at...

ForecastCity_ME

Trade Setup summary: Profit targets=1160 pip (75 + 155 + 250 + 305 + 375) Stop Loss =450 pip Reward/Risk > 2.6 : 1 Current Status: Total Profit: 424 pip Closed trade(s): 72 pip Profit Open trade(s): 352 pip Profit Trade Setup: We opened 5 BUY trade(s) @ 0.6583 based on 'previous Forecast' at 2020.07.15 : Closed Profit: TP1 @ 0.6655...

ForecastCity_ME

Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.7075). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . AUDUSD 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: . While the price is above the support 15.015, resumption of uptrend is expected. . We make sure when the resistance at 18.880 breaks. . If the support at 15.015 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: . The RSI downtrend #1 is broken, so the probability of resumption of uptrend is...

ForecastCity_ME

Midterm forecast: . 18.95 is a major support, while this level is not broken, the Midterm wave will be uptrend. . We will close our open trades, if the Midterm level 18.95 is broken. Technical analysis: . While the RSI uptrend #1 is not broken, bullish wave in price would continue. . A trough is formed in daily chart at 17.35 on 06/24/2020, so more gains to...

ForecastCity_ME

Trade Setup summary: Profit targets=1445 pip (70+ 145+ 290+ 415+ 535) Stop Loss =400 pip Reward/Risk > 3.6 : 1 Current Status: Total Profit: 650 pip Closed trade(s): 215 pip Profit Open trade(s): 435 pip Profit Trade Setup: We opened 5 BUY trade(s) @ 134.35 based on 'previous Forecast' at 2020.07.17 : Open Profit: Profit for one trade...

ForecastCity_ME

Trading suggestion: . There is a possibility of temporary retracement to suggested support line (135.1). 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 (0.7900). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EDOUSD 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

Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.9095). 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...

ForecastCity_ME

Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.000085). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EDOBTC 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

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: . 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 resistance. ...

ForecastCity_ME

Midterm forecast: While the price is below the resistance 42.90, beginning of downtrend is expected. We make sure when the support at 30.85 breaks. If the resistance at 42.90 is broken, the short-term forecast -beginning of downtrend- will be invalid. Technical analysis: There is a divergence in RSI and price between the peak at 40.565 on 2020-06-08 and the...