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Weekly forecast report on USDCAD EURUSD USDJPY AND GBPUSD



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 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.

USDCAD second target achieved 1.31954 – 1.30478 levels.


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 to buy after breakout of 111.489 level.

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Mr.Dev, has been in the forex and commodity markets since 1997. He’s one of the few non-biased investment advisors to have correctly called the current bull / bear market before it began and to have positioned his clients accordingly. As a result of his accurate forecasts on Indian commodity markets & currency, he is becoming increasingly more renowned. Mr.Dev has been quoted in many of the newspapers. He is a highly recommended technical analyst by many of the local financial newsletters and advisory services. He also is founder of commodity profit sharing service on Moneymunch.

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