FOREX UPDATE AND FORECAST: EURUSD, USDINR AND USDJPY

eurusd-gbpusd forecast rain

What had I written about EURUSD @ AUG 19, 2018, 22:05 PM (IST)? Click here.

Our preference
Long positions above 1.12962 with targets 1.15308 – 1.16340 – 1.17498 in extension.
Alternative scenario
Below 1.12962 look for further downside with 1.11180 as targets.

Second target has been achieved, 1.15308 – 1.16340 level.

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usdinr free forex forecast

Our preference
Short positions above 69.588 with targets 69.791 – 69.990 – 70.283 – 70.688 in extension.
Alternative scenario
Below 69.588 look for further downside with 69.470 – 69.092 as targets.
Comment
MACD, RSI and STOCH RSI are the clear indication to traders.

free forex usdjpy forecast
Our preference Short positions above 111.23 with targets 111.52 – 111.90 – 112.66 in extension. Alternative scenario Below 111.23 look for further downside with 110.73 – 110.06 as targets. Continue reading

Are you miss to earning opportunity on gbpusd and eurusd index?

eurusd forecast

Our preference
Long positions above 1.12962 with targets 1.15308 – 1.16340 – 1.17498 in extension.
Alternative scenario
Below 1.12962 look for further downside with 1.11180 as targets.

gbpusd forecast

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What had I written about USDINR @ JUNE 25, 2018, 12:43 AM (IST)? click here

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

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Weekly updates & forecast on Global and NSE currencies

gbpusd forecast

UPDATE GBPUSD : Earn pips without loss
What had I written about GBPUSD in our previous article? Click here

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

Two targets has been achieved 1.30464 – 1.29835 level.

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UPDATE EURUSD : Follow chart and earn pips
As per our previous article on EURUSD index, (Symmetrical triangle – 2) has been broken.
Special : For GBPUSD AND EURUSD exact entry and exit levels subscribe.

audusd forecast

AUDUSD : Be alert !
Our preference
Long positions below 0.74106 with targets 0.73274 – 0.72570 & 0.71386 in extension.
Alternative scenario
Above 0.74106 look for further upside with 0.74686 – 0.76017 & 0.79633 as targets.

usdchf forecast

USDCHF : BUY OR SELL
Our preference
Long positions above 0.99637 with targets 0.99755 – 1.00577 – 1.01704 & 1.03208 in extension.
Alternative scenario
Below 0.99637 look for further upside with 0.98803 & 0.98300 as targets.

EURINR : bearish continuation
Our preference
Long positions below 79.5466 with targets 79.1242 – 78.8423 & 78.2908 in extension.
Alternative scenario
Above 79.5466 look for further upside with 79.7163 & 80.0387 as targets.

eurinr currency trading tips
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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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USDINR, USDCAD & EURUSD INDEX – Trading Signals

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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.

Continue reading