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I had written at Yesterday 8:36 AM (GMT 5:30+),”I would recommend EURUSD must BUY at 1.09686 level. You will see 1.10194 level soon (For the Intraday traders).”
EURUSD targets have been achieved, what you need more.
You must buy EURUSD at 1.09686 level. You will see 1.10194 level soon.
Keep in mind if EURUSD touch the 1.09434 (Support level) then it could touch 1.08564-1.07651 levels.
What I had said about EUR/USD?
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I written at 1.22 PM (GTM 5.30+), “I would recommend (sell) follow resistance level (1.10832) for target 1.10417 level. It may drop up to 1.10139.”
As expected, USD/EUR fall down and touched both targets in just few hours!
As per above chart, technically EUR/USD looking weak, so I would recommend follow resistance level for target 1.10417 level. It may drop up to 1.10139.
Keep in mind If EUR/USD show closing above resistance level then it can fly on sky.
Are you a day trader? If yes, then go and sell EUR/USD for a few hours. It will definitely hit 1.11148 level. For more information, subscribe to our free newsletter services.
On above USD / CAD chart, you can see this pair is continuing falling since 17 Jan, but it had taken U-turn after hitting the support level (1.28355). I’d recommend buyers to stay in hold. On next week we may see 1.31300-1.33445 levels.
When should I sell USDCAD?
Level: 1.28175
Once USDCAD show closing below to above level or break that level, then you could sell it for 1.26030-1.23810.
Look at above chart, technically euro is looking weak against American dollar. Short term investors can start selling from Monday opening bell. It may show some up moves, but overall looking downward.
Targets: 1.13200-1.12100-1.11000
Keep note, if the EUR / USD will crossover resistance 1 then it may try to touch resistance 2 so be careful with it.
Long term target: 1.08600
USDJPY is planning to take U-turn from Monday opening bell. It could show 111.22 levels, but it’s a trap for day traders. This week we will see 113 levels.
If you would like to dive for long term then 113 levels is best for sellers because USDJPY is overall down for big time.
For long term investors: once the USDJPY will be close below the 111.100 levels then we see 110.08-108.350-105.600 levels.