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USDCAD is for lion heart daily traders. You can earn a bunch of dollars in a night but if you know where to pick! Yesterday it had dropped a lot and today USDCAD is continue falling. It’s time for recovery. Smart traders for support: 1.29105 levels. You must buy it above (anywhere) the support level. It will shortly hit 1.30150 – 1.31330 levels.
If this currency breaks and close below to the support then you may see downfall up to 1.28450 levels.
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Above chart is explaining everything, so now we don’t need to type more.
Targets: 1.28654 – 1.28394 – 1.28212
GBPINR Trading Tips & Forecasts
On last week this currency dropped -1.815 rupees. GBP INR will continue to drill downside. Day traders can sell anywhere for 89.2 – 88.8 levels. Be careful with positive opening bell and don’t forget to pick a perfect top for intraday short!
This week MCX Gold: 28,350-28,050
It can move up but from where? I will say to my premium subscribers but look at above chart for reference purpose.
More information I will update to do market hours for subscribers. To become a subscriber, subscribe to our free newsletter services. Our service is free for all.
On last week, what I had said about Silver to premium subscribers?
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I had said to subscribers, “Today very important day for bullion traders and silver is running in very crucial area. Sellers should Sell more this week because 39200-38840-38570 levels are waiting for you.”
And silver made low 38778 on last trading session and completed our second target. Now what are you expecting? Will it hit my last target ?
I got a couple of emails for new updates about MCX Nickel. I just want to say to buyers & sellers, both are right now in a safe zone. Critical areas start from 544.6 level and end at 523 level. This week nickel can easily slip / touch to critical area first level but …it’s a very dangerous area for buyers and sellers. If it stays above 544.6 level then it will take a U-turn and touch again 590-620 levels OR if nickel will close below to 544.6 level then we will see a 523 level in 2-3 weeks.
Targets: 840 – 820 – 800
Note: if it will close above yesterday’s high, then we can see some positive moves, so I would recommend do not enter if this thing happens.
Just keep your eyes on the opening bell. If it opens downside, then we will see 61 – 60.8 today.
More information I’ll update due to market hours.
We don’t want to add mixed opinions and confusion.
Targets: 75.65
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If I would like to say something about Gold then first I recommend to check my 4th Apr 2016 newsletter (click here) in presented technical chart. It’s exactly moved how I had predicted, and now Gold times come to take U-turn soon.
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