FOREX FORECAST: GBPUSD & USDJPY INDEX

GBPUSD-FORECAST

Are you following moneymunch articles for a long time?Click here and read GBPUSD article.
GBPUSD left the green zone after created the 1.30489 level (28th June 2018).
According to the secret source, the buyer will be dominating on GBPUSD and you can see 1.3351 – 1.3450 – 1.3549 levels.
Keep in mind, If GBPUSD buyer fails to reattempt then you will see 1.2924 – 1.2788 levels.

usdjpy forecast

USD JPY index upside channel breakout is shown bullish signals for traders.
You can expect 113.41 – 114.37 – 115.14 levels.
Note : USDJPY continuation of bearish channel shows 109.43 – 108.23 – 104.68 levels.

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NIFTY: Are you till in PATIENCE?

As per our past updated, We have mentioned Resistance 10947 which here : we had not taken any position over the short selling side. According to our last researched, we are till in patience. Now we’ve found new DURABLE resistance as showed in the chart at 11124 nearby.

Today, We have seen gap up and Average True Value is also on support. When you see ATR. At support, we found big on nearby. Now Question, What to do! Answer, you have to keep patience OR try to enter into PUT… Which STRIKE Price… 10800/10900.

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Nifty Outlook for 9 July 2018

Nifty is now trading near the resistance and presently all technical indicators are also in positive direction. But we are waiting for selling zone ie. (resistance) 10,915 to 10,930 and support is 10,755 to 10,737. 

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Silver, Nickel & Mentha Oil: Bullish Run Continue in July 2018?

Update 2: U-Turn Time of Silver

Did you read our previous report on Silver? If not, click here.

Now, look at the following chart:

silver tips chart

Silver performed as per our direction. It will keep continuing moving upside. New targets of silver will be updated shortly.

For the Gold & Crude oil report: Click here

nickel tips chart

Nickel: Long-term Buy Signal, Short term Mixed

mcx mentha oil tips

Mentha oil 100% Bullish Signal

Patience till breakout & closing price above of the 1398 level.

Target: 1450 – 1500

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Watch potential channel support of TATA MOTORS:

TATA MOTORS: Till now it is following a downtrend channel and it is on strong support with a little penetration and so buy from 255 to 265 and our target will be as 283 to 291 and if still move up then go for the target 310.

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Important Reminder & Tips: Gold, Silver, Crude oil, Copper & Zinc

Special Report of Gold based on Technical & Fundamental Result

gold tipsIn the upcoming days, it’s in a solid uptrend. It may test the following levels before starting the upside rally: 30390 – 30150 – 29950.

Trading Strategy: Breakout & Closing will below Test level One then put the target second Test level. Same for the third Test level.

Important Note: Bullish Trend will restart after the closing price of the gold above to 30940 level. And Test level 3 can be the second reason for next upward rally. For the long-term investment, you can read my previous publications and follow it.

Update & Tips: Price as Bullish as it Seems?

crude oil tipsYou must read our 31 May 2018 (8:55 PM) Crude oil tips report by Click here.

In that report, I had written, “In the longer term, the momentum is turning largely positive. We favor a continued bullish bias. Targets: 4700 – 4800 – 4900 – 5000“.

Also, you should read the report of April 15, 2018 (11:03 PM) by Click here.

In this report, I had written “For Long-term Investors: Soon a reversal will start. Afterward, crude oil prices will hit level 4700-5000“.

In the previous week, it all targets has come.

Still, are you losing Money by trading on Black Oil? Nobody can help you.

Our new target: 5200 – 5400 – 5500

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UPDATE: Will copper touch the 2013-year-High level (512.6)?

As expected, MCX Copper has just sat on the support line. Now, will it fly or fall? To know it, read our Copper report by Click here.

For the Silver & Zinc direction identification, I recommend reading my previous week newsletter by clicking here.

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