Everybody must be thinking to sell copper because it had broken up trend line and also loosed -3.3 rupees in last trading session. For COMEX Traders, best entry level: 2.119. Remember, 2.119 is also resistance so you can follow without any worry.
Copper need to break 2.070 levels to show us big down trend
For check MCX Copper and Silver trend login to our website.
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On above USD / CAD chart, you can see this pair is continuing falling since 17 Jan but it had take u-turn after hitting the support level (1.28355). I’d recommend buyers to stay in hold. On next week we may see 1.31300-1.33445 levels.
When should I sell USDCAD? Level: 1.28175 Once USDCAD show closing below to above level or break that level then you could sell it for 1.26030-1.23810.
Look at above chart, technically euro is looking weak against American dollar. Short term investors can start selling from Monday opening bell. It may show some up moves but overall looking downward.
Keep note, if the EUR / USD will crossover resistance 1 then it may try to touch resistance 2 so be careful with it.
Long term target:1.08600
USDJPY is planning to take u-turn from Monday opening bell. It could show 111.22 levels but it’s a trap for day traders. This week we will see 113 levels.
If you would like to dive for long term then 113 levels is best for sellers because USDJPY is overall down for big time.
For long term investors: once the USDJPY will be close below to 111.100 levels then we see 110.08-108.350-105.600 levels.
Indian Gold is going to open positive. Are you planning to buy / sell? Ah! Wait.. You must be watch 1066.5 level. Yes, if it crossover or stay above to that level for an hour then gold will show unstoppable up moves but I’m thinking, in present time you must sell the gold for 1060-1058.5.
Login and Read Gold full report. And know MCX Gold trend!
Best commodity for today. Clear sell signals! Hurdle:904.5 level
Remember, if it will stay above an hour to hurdle then it may crossover 907-911 levels.