Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.6735). 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 below the 21-Day WEMA which acts as a dynamic...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.6735). 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 below the 21-Day WEMA which acts as a dynamic...
We have been waiting for the second impulse on AUDNZD for awhile. Range hasnt broken out yet and I am looking for an INV head n shoulder here on the lower timeline. If we fail to hold here price will fall below the solid line but I am a buyer of AUSSIE. Lets see how it goes I will be waiting for a right shoulder to form and a kiss pullback at 68% if we are lucky....
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...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.704. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.7065. TP4: R2=0.708. Set the stoploss of these orders at breakout of S2=0.703. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.707. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.7125. TP4: R2=0.7145. Set the stoploss of these orders at breakout of S2=0.7055. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.714. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.719. TP4: R2=0.721. Set the stoploss of these orders at breakout of S2=0.713. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
Midterm forecast: While the price is above the support 0.7080, beginning of uptrend is expected. We make sure when the resistance at 0.7380 breaks. If the support at 0.7080 is broken, the short-term forecast -beginning of uptrend- will be invalid. We will close our open trades, if the Midterm level 0.7080 is broken. Technical analysis: The RSI bounced from the...
Midterm forecast: While the price is above the support 0.7080, beginning of uptrend is expected. We make sure when the resistance at 0.7380 breaks. If the support at 0.7080 is broken, the short-term forecast -beginning of uptrend- will be invalid. We will close our open trades, if the Midterm level 0.7080 is broken. Technical analysis: The RSI bounced from the...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.721. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.7265. TP4: R2=0.7295. Set the stoploss of these orders at breakout of S2=0.719. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.721. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.7265. TP4: R2=0.7295. Set the stoploss of these orders at breakout of S2=0.719. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.7205. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.7265. TP4: R2=0.7295. Set the stoploss of these orders at breakout of S2=0.7185. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.7205. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.7265. TP4: R2=0.7295. Set the stoploss of these orders at breakout of S2=0.7185. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
Midterm forecast: While the price is above the support 0.7085, beginning of uptrend is expected. We make sure when the resistance at 0.7380 breaks. If the support at 0.7085 is broken, the short-term forecast -beginning of uptrend- will be invalid. We will close our open trades, if the Midterm level 0.7085 is broken. Technical analysis: While the RSI downtrend...
Midterm forecast: While the price is above the support 0.7085, beginning of uptrend is expected. We make sure when the resistance at 0.7380 breaks. If the support at 0.7085 is broken, the short-term forecast -beginning of uptrend- will be invalid. We will close our open trades, if the Midterm level 0.7085 is broken. Technical analysis: While the RSI downtrend...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.7175. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.7235. TP4: R2=0.7255. Set the stoploss of these orders at breakout of S2=0.715. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.7155. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.72. TP4: R2=0.724. Set the stoploss of these orders at breakout of S2=0.7145. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.7155. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.72. TP4: R2=0.724. Set the stoploss of these orders at breakout of S2=0.7145. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...