Free Forex Tips

MCX Crude Oil & NYMEX Brent Oil In-depth Analysis & Tips

March 18, 2021, 6:42 pmJuly 1, 2023 6 21573

NYMEX Brent Oil Futures – Simple Trading Strategy

Here, I have used MA, RSI, VOL, & DMI to identify the next move of Brent Oil. According to these indicators, it seems bullish ahead. We may see the following targets soon: $68.8 – $69.8 – $71+

But, if brent oil breaks the hurdle ($66.60) and shows a closing price below it, we will see a heavy downfall. Targets: $64.6 – $62.8 and below

What about MCX Crude oil? It looks downward for a short period. Look at the below chart:

MCX Crude oil can go down for a retracement value of 0.236 in the upcoming days. So, intraday traders can set the following targets to make some money: 4560 – 4500 – 4460 – 4400

But, if brent oil breaks $66.60 upside, then change your position for the following targets: 4800 – 4880+ To become a subscriber, subscribe to our free newsletter services. Our service is free for all.

USD/JPY Turning Down

August 6, 2020, 6:36 pmMay 31, 2022 0 16070

USDJPY prices are falling since the mid-2015 year. In the 2020 year, it has made a low price of $101.180. Are you still expecting up moves for the short-term? Then wait for the breakout of USDJPY-Bull Resistance.

According to my Parallel Channel (B), short positions in the range of $106 to $106.5 or below with targets at $105 – $104.5 – $104.260 in extension.

Breakdown of Parallel Channel (B) means a big explosion and double confirmation for sellers. Day traders can take benefit easily by examining fake-out…

Forex EURAUD Trading Signals Updates

July 26, 2020, 5:31 pmJuly 2, 2023 0 14290

Three days ago, I had given a trading signal EURAUD.

Click here to read it → The Big Move In EURAUD May Be Right Now
The previous chart:

TODAY:

All targets of EURAUD has come.

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The Big Move In EURAUD May Be Right Now

July 23, 2020, 7:17 pmMay 31, 2022 1 15401

EURAUD price begins to accelerate higher faster than other currencies from the control price (CP). It can hit 1.63500 – 1.64060 after crossing the CP level.

Hurdle: 1.62150

This hurdle is a game-changer. It could explode downward and prices may fall 1.61850 to 1.61360 levels.

The above information is sufficient for a smart trader to start minting money.