Weekly forecast report on USDCAD EURUSD USDJPY AND GBPUSD

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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Gold, Silver, Crude oil, Lead & Zinc – Technical / Fundamental Report & Tips

gold tips

UPDATE 2: Gold Downtrend Continues

Did you check the last report of Gold? If not, click here.

“Gold Price Focusing on Nov 2016 Support Trend line Bottom. It can crash up to 29500 – 29250 to restart a solid uptrend.”

– My view is the same for the downtrend, but a short reversal possible in this week!

Contact us for Further information about the Intraday & Positional Trading Calls.

Silver trading strategy for this week

Even though a continuation of the consolidation cannot be ruled out, its extent should be limited. Below 38K look for further downside with 37650 – 37300 – 37000 as targets. The bullish trend will resume after closing price above, 39100. Sellers must beware of the breakout of 38650 level.

crude oil tips

Simplified Crude oil Chart

Weekly Outlook of Lead

This week Lead could be stuck in the base range of 151.1 to 145.5. It can come upside up to 147.5 – 150. Look at the chart, be aware with the trend-changer line. The technical indicators indicating the trend is unconfirmed.

Do not forget to watch out the Test level once it shows closing price below the Test level 1. It’s target levels.

The short-term view of the Zinc

Two crucial level will define the direction of Zinc.
Test level 1: 184
Test level 2: 171

Keep selling this commodity below test level 1 for the level 2. If it closes above test 1, buy for the 188 – 192 OR if it closes below test 2, sell for the 167 – 164 – 158.

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Gold, Lead & Mentha oil – How to Profit?

Gold Downtrend Continues

mcx comex gold tipsDid you check the last report of Gold? If not, click here.
All target of this call achieved in the last trading week trading sessions.

Gold Price Focusing on Nov 2016 Support Trend line Bottom. It can crash up to 29500 – 29250 to restart a solid uptrend.

free mcx lead intraday tips

Update of Lead – Time to Jump

In the previous week, three times, MCX Lead has failed to close below 146 level. Stock is indicating bullish trend ahead, but MACD still not did the crossover for the uptrend. What will happen next?

The previous report of Lead (Click here) and Nickel (Click here) to know more.

mcx mentha oil tips

Mentha oil’s Unpredictable Movements

First, click here and read the Mentha oil previous report.

As per the previous report, if you see a closing price above the level of 1600 then start buying. 1660 – 1700 will be the next targets.

Mentha oil made a high of 1634. Do you think, it will touch the targets?

This week beginning may start with bearishness. But overall trend will remain upside till this commodity do not close below the 1500 level.

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Outlook for Gold, Natural Gas, Lead & Mentha oil – Same but Different

Gold has successfully tested test level one and test level two. T3 will come soon. Further information on Gold updated here: click here

lead tips chart

Lead – Time to Jump

Natural gas under bearish pressure?

free natural gas tipsKeep selling the natural gas.
Target: 187 – 185

Don’t forget to keep eyes on high of Natural gas futures, $2.778. Perfect entry level and stop loss informed to members. To become a subscriber, subscribe to our free newsletter services. Our service is free for all.

New Targets Update of Mentha oil

free commodity mentha oil intraday tipsClick here to read the last report.
As per the previous report of Mentha oil 100% Bullish Signal. The target was 1450 – 1500.

It both targets has achieved.

If it closes again below the 1500 level, then stop making a long position. It will come down.

But if you see closing price above the level of 1600 then start buying. 1660 – 1700 will be the next targets.

 

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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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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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