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Weekly forecast report on USDCAD EURUSD USDJPY AND GBPUSD

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UPDATE : USDCAD NEED CORRECTION REPORT

What had I written about USDCAD @ June 25, 2018, 12:43 am (IST)?click here.
We had strongly recommended,

On USDCAD Index, 50% Correction awaiting ahead because it had overbought in the previous week.
The Technical Indicator STOCK (14, 14, 3, 3) is indicating sell signal on U.S. Dollar / Canadian Dollar pair. FX Traders could take profit at 1.31954 – 1.30478 – 1.29520 levels.
Its price can hike if USD CAD index crossover or close above the resistance level (1.34378), you can see the 1.35500 – 1.37788 levels.

USDCAD second target achieved 1.31954 – 1.30478 levels.

eurusd-forecast

EURUSD: Bearish continuation?

Symmetrical triangle (ST) – 1: breakout shows high 1.2557 (16/02/2018).
Symmetrical triangle (ST) – 2: Bearish continuation?
We will update entry level only for our premium Subscribers.

GBPUSD: Buyer fails to reattempt.

Our preference
Short positions below 1.30749 with targets at 1.30464 – 1.29835 – 1.29079 – 1.28406 in extension.
Alternative scenario
Above 1.30749 look for further upside with 1.31376 – 1.31999 levels

USDJPY : No Correction On USDJPY previous report

Follow the previous report of USDJPY, We will recommend buying after breakout of 111.489 level.

free forex tips on usdjpy
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FOREX FORECAST: GBPUSD & USDJPY INDEX

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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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UPDATE: USDCAD NEED CORRECTION?

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free forex usdcad forecast

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

We had strongly recommended,

On USDCAD Index, 50% Correction awaiting ahead because it had overbought in the previous week.

The Technical Indicator STOCH (14, 14, 3, 3) is indicating sell signal on U.S. Dollar / Canadian Dollar pair. FX Traders could take profit at 1.31954 – 1.30478 – 1.29520 levels.

Its price can hike if USD CAD index crossover or close above the resistance level (1.34378), you can see the 1.35500 – 1.37788 levels.

USD CAD has touched the first target 1.31954 level and going for the another one 1.30478 – 1.29520 levels.

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USDINR, USDCAD & EURUSD INDEX – Trading Signals

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free-forex-usdinr-tips

Upside Risk for USDINR in 2018

Support Trendline Channel 1 (2012 – 2017): A Solid Uptrend – It had been broken on May End

Support Trendline Channel 2 (2011 – 2018): Trying to Resume The Uptrend of STC 1

All Top Levels are Working as Strong Resistance. STC 2 is failed to hold uptrend as per Elliot Wave Signal.

As per EW, the upcoming target is 67.464 – 66.254 – 65.897 – 63.717 levels.

Caution: Top breakout can make this pair unstoppable upside. That’s why I named Strom’s Initiator on the above chart. We may see these levels: 69.450 – 70.291.

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USDCAD NEED CORRECTION?

On USDCAD Index, 50% Correction awaiting ahead because it had overbought in the previous week.

The Technical Indicator STOCH (14, 14, 3, 3) is indicating sell signal on U.S. Dollar / Canadian Dollar pair. FX Traders could take profit at 1.31954 – 1.30478 – 1.29520 levels.

Its price can hike if USD CAD index crossover or close above the resistance level (1.34378), you can see the 1.35500 – 1.37788 levels.

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Update: Hurry! Earn 300+ pips on GBPUSD currency Forecast.

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Before one month ago, what had I written about GBPUSD index? Click here and recall.

One more closing under the green zone will indicate the downtrend continuation.

If it’s not a fake out, we will see the following levels.

Targets: 1.33111 – 1.31418 – 1.30478

GBPUSD achieved two targets 1.33111 – 1.31418 levels.

GBPUSD index is very close to the next target 1.30478 level (Today’s Low : 1.31009).

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