Midterm forecast:
While the price is above the support of 1744.50, resumption of uptrend is expected.
We make sure when the resistance at 1916.50 breaks.
If the support at 1744.50 is broken, the short-term forecast -resumption of uptrend- will be invalid.
We will close our open trades , if the Midterm level 1744.50 is broken.
Technical analysis:
A peak is formed in daily chart at 1832.65 on 07/29/2021, so more losses to support(s) 1762.55 and minimum to Major Support (1744.50) is expected.
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index (RSI) is 32.
Take Profits:
1762.55
1828.25
1875.15
1959.30
2075.05
âĪïļ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the ð LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
âĪïļ Your support is very much ð appreciated!âĪïļ
ð Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, âĪïļ
ForecastCity English Support Team âĪïļ
While the price is above the support of 1744.50, resumption of uptrend is expected.
We make sure when the resistance at 1916.50 breaks.
If the support at 1744.50 is broken, the short-term forecast -resumption of uptrend- will be invalid.
We will close our open trades , if the Midterm level 1744.50 is broken.
Technical analysis:
A peak is formed in daily chart at 1832.65 on 07/29/2021, so more losses to support(s) 1762.55 and minimum to Major Support (1744.50) is expected.
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index (RSI) is 32.
Take Profits:
1762.55
1828.25
1875.15
1959.30
2075.05
âĪïļ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the ð LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
âĪïļ Your support is very much ð appreciated!âĪïļ
ð Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, âĪïļ
ForecastCity English Support Team âĪïļ
High Accurate AI-Generated forecasts for:
ð36 Forex Pairs
ð175 Cryptos
ð16 Stock & Currency Indices
ðGold,Silver,Oil,Gas
â Best Profitable Trading Strategies
â in 9 languages
â since 2007
FREE Telegram ð t.me/forecastcity_com
ð36 Forex Pairs
ð175 Cryptos
ð16 Stock & Currency Indices
ðGold,Silver,Oil,Gas
â Best Profitable Trading Strategies
â in 9 languages
â since 2007
FREE Telegram ð t.me/forecastcity_com