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USDINR, USDCAD & EURUSD INDEX – Trading Signals

  • Upside Risk for USDINR
  • USDCAD NEED CORRECTION
  • Earn Pips from EURUSD
free-forex-usdinr-tips
free-forex-usdinr-tips

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.

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.

free-forex-eurusd-forecast

The Best Time to Earn Pips from the EURUSD.

We are recommending to wait until “The German Ifo Business Climate Index” release. Check out the chart and initiate a new position.

Further information will be updated shortly for the premium subscribers.

USDCHF chart may give you more pips.

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