USDCHF Forecast 02 03 2021
During the growth in an uptrend, which originates in December 2020, the price broke through the support zone of 0.904 and then came to the resistance zone. This zone consists of the resistance line of December 2020 and the strong level of 0.918. The price is on the line right now, but I expect it to rise a little more and be able to...
#CADJPY Continuing to rise in the upward channel that began its existence in October 2020, the price came to the strong resistance zone of 83.83 formed at the intersection of two lines. One of these lines is the channel resistance line.
The second is the currently strongest resistance line for the chart, created in 2015! Despite the fact that the last days the...
The trend on the gbpusd is an upward trend and as soon as the gbp corrects a bit to gain more strength to continue, we recommend selling signals to 1.3070 and then return to buy signals.
Entry Price: 1.3150
Take Profit: 1.3070
Stop Loss: 1.3189
In terms of eurusd price range stuck in it for a few weeks, it is better to enter to a Buy position but we can not ignore all the signs that the Euro will continue to fall such as:
1. a beautiful Ichimoku Cloud that represents a downward trend.
2. eurusd touched a moving average 200 and began to fall and did not continue to rise and get close to resistance like...
As we can see in the chart above, we are in the price range between 0.6945 and 0.6725 Yesterday was a good time to enter a sell position because we were close to resistance but as you can see there is still profit to gain until support, You can see in Stochastic that there is still margin for a drop.
Entry Price: 0.6814
Take Profit: 0.6732
After a 100 pip drop from the previous high we decided to recommend a buy signal, Here are the reasons:
1. Stochastic is at its bottom in the 12-point area and its lines intersect properly for a buy signal
2. The price of usdchf is currently on the interesting support of Senkou Span (Ichimoku indicator)
3. The cloud of the Ichimoku still uptrend cloud
On the one hand, the resistance is breached, signaling a strong buying signal, and on the other hand, the audcad is currently facing a new resistance - the moving average 100,200 and you can also see the Stochastic indicator indicating a sell signal because it is above 80 points that it is over buying.
We recommend selling short term in order to return to the Buy...
Hello Traders, XAUUSD Follow the upper trend line and also the price breaks the lower trend line with the a bullish impulse , so enter buy order in the breakout oe wait for the pullback at 1243.813 and place stop loss below the trend line and take profit as a next resistance level
Cmp Entry : 1259.132