First, read my yesterday published newsletter: click here
I had said, “Lead is best for this week… Targets: 133.5 – 132”
Lead made low 133.35 @ 4:00PM (GTM 5:30+)”
The lead first target was achieved!
I hope everybody booked profit!
Will it hit second target 132?
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What had I Said about USDCAD and USDCHF Index (Date: 15-05-2017 @ 03:31 AM, GMT +5:30)?
USDCAD
I had said “USD/CAD has paused after sharp reversal off 1.32604. Hourly resistance is given at 1.37513.
You will see 1.366169- 1.364266- 1.36008 levels soon.”
USDCAD HIT ALL TARGETS (1.366169- 1.364266- 1.36008levels).
USDCHF”
I had strongly said
“I will not take your much time. Just keep in mind these levels: 0.99563-0.99081-0.98655.
Resistance: 1.00549.
Must note: USDCHF long-term, Technical structure favors bullish bias.”
USDCHF TOUCH TWO TARGETS 0.99563-0.99081levels.
The silver nerve is, 38600 level. If it closes above it, then we may see 39360-39800 above levels. But… if silver will remain below to 38600 levels then sell. Targets: 37000 – 36000 levels.
Today we’re not going to write a single line about MCX Gold because I already said you in the previous newsletter about Gold direction. Click here and read it now!
In the previous newsletter (click here to read) I had clearly said, “Crude oil is safe for short-term/long-term investors until it remains above 2940 level. Because 2940 level is indicating, it can go upside from here. And also it may hit 3030 – 3100 level again!”
Crude oil also touched both levels!
This week… what will happen?
Crude oil head is, 3170 level. If it closes above it then crude oil go more upside and if it will remain below the head then we will see 2960 – 2870 levels soon.
I would recommend keeping note my levels because it tells stories!
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Coriander, drilling downward over one month. We’re saying to keep selling NCDEX coriander from May beginning. You may see our last Coriander updates by click here.
This week it may react to remain up, but it’s broken! You must wait for closing at or below 5440 level and then SELL!
Targets: 5286 – 5140
Turmeric just making a trap and collecting long-term buyers. Its trend is still down. Turmeric downtrend will over if we see closing above, 5830 level. Do you really think, is it possible?
Are you reading Moneymunch Forex articles over 8 months? Do you remember GBPUSD long-term report?
Just click here if you forgot that.
I had written article about GBPUSD index @24th October 2016
”GBPUSD index was a failed attempt to recapture high; you had seen it cascade lower.
GBPUSD index (6/10/2016) is clues that the trend down was coming to end here, you will see 1.24324-1.27744 – 1.30560 levels soon.
Keep in mind MACD and RSI waits for up-signal, if GBPUSD crossover or closes below 1.18872 level you may see 1985 year’s low.”
IF GBPUSD index Cross or close below the trending support line indicate further weakness.
USD/CAD has paused after sharp reversal off 1.32604. Hourly resistance is given at 1.37513.
You will see 1.366169- 1.364266- 1.36008 levels soon.
I will not take your much time. Just keep in mind these levels: 0.99563-0.99081-0.98655.
Resistance: 1.00549.
Must note: USDCHF long-term, Technical structure favors bullish bias.
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