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: 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.
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