Блог ImranMughal99
USDJPY UP TREND NEXT MONTH
Taking the lower boundary of the ascending channel is unlikely but the instrument may unsuccessfully test the level of 110.50 once again and go to the growth stage. In the medium term, the pair can be expected at the local highs of 112.40, 113.25. The instrument can transfer into a more sloping ascending channel, but it should continue growing. Indicators on the D1 chart and above confirm the forecast: MACD shows the preservation of the high volume of short positions, and Bollinger Bands are dir…
USDJPY UP TREND NEXT MONTH
On the 4-hour chart, the pair is growing along the upper border of Bollinger Bands. MACD histogram is in the positive zone, keeping a signal to open long positions.Resistance levels: 109.50, 110.00, 110.50, 111.00.Support levels: 109.00, 108.70, 108.50, 108.00,
AUDUSD UP TREND NEXT MONTH
On the 4-hour chart, the pair is growing along the upper border of Bollinger Bands. MACD histogram is in the positive zone, keeping a signal to open long positions.
Stochastic is at the level of 54 points and does not give signals to enter the market.Resistance levels: 0.7628, 0.7690.Support levels: 0.7545, 0.7515.
Stochastic is at the level of 54 points and does not give signals to enter the market.Resistance levels: 0.7628, 0.7690.Support levels: 0.7545, 0.7515.
GBPUSD UP TREN NEXT MONTH
The pair is trading around the support level 1.3600, which will be the key one in the struggle of “bears” and “bulls” in the short term. On the 4-hour chart, the pair was corrected to the middle line of Bollinger Bands. MACD histogram is in the negative zone, keeping a signal to open short positions.
Resistance levels: 1.3800, 1.3860, 1.3910, 1.4065.
Support levels: 1.3710, 1.3700, 1.3670.
Resistance levels: 1.3800, 1.3860, 1.3910, 1.4065.
Support levels: 1.3710, 1.3700, 1.3670.
EURUSD UP TREND NEXT MONTH
On the H4 chart, the pair is trading near the bottom line of Bollinger Bands, the price range is extended.MACD histogram is in the negative zone, the signal line is crossing the zero line and the body of the histogram from above, which is a signal to open short positions.Support levels: 1.2100, 1.2055, 1.2028, 1.1975.Resistance levels: 1.2205, 1.2228, 1.2348, 1.2370, 1.2400, 1.2420, 1.2450.
USDJPY UP TREND NEXT MONTH
On the 4-hour chart, the instrument is moving towards the lower border of Bollinger Bands. The nearest support level is 111.00. The indicator is pointed downwards, the price range is widening, which reflect the development of the downward movement. MACD histogram is in the negative zone, its volumes significantly decreased, keeping strong sell signal. Stochastic has entered the oversold area.Resistance levels: 108.40, 109.50, .Support levels: 108.20, 107.75,
NZDUSD DOWN TREND NEXT MONTH
Pair will decrease to the levels of 0.7355, 0.7330. However, further growth of the pair to the level of 0.7480 is possible, and then a downward correction from this mark. Technical indicators on the H4 chart are regrouping, the volume of long positions on MACD indicator is reduced, and Bollinger Bands are lined up horizontally. Short positions may be opened from the current level; pending buying positions can be put from the local maximum level of 0.7430 with targets at 0.7200, 0.7180, and the s…
AUDUSD DOWN TREND NEXT MONTH
On the 4-hour chart, Bollinger Bands are pointed upwards, а the price range has widened, which reflects the further strengthening of the instrument in the short term. MACD histogram is in the positive zone, its volumes insignificantly decreased, the buy signal is still relevant.Long positions can be opened above the level of 0.8165 with the targets at 0.8220, 0.8235 Short positions can be opened below the level of 0.8019 with the targets at 0.7970, 0.7950
EURUSD
MACD indicates that momentum is improving, but it remains in bearish territory. I expect the histogram as well as moving average to approach the centerline during the expected move higher. RSI is trading in territory and a breakout should initiate the rally.Current Level 105.15 I expect the pair to be trading near 1.07500 towards the end of the forecast period which will conclude on the 2nd of FEB, 12:00 GMT Ideally, the pair will follow the expected price path as outlined on the charts.
LICT.CMD/USD
MACD indicates that momentum is improving, but it remains in bearish territory. I expect the histogram as well as moving average to approach the centerline during the expected move higher. RSI is trading in territory and a breakout should initiate the rally.Current Level 45.1400 I expect the pair to be trading near 49.1932 towards the end of the forecast period which will conclude on the 2nd of January, 12:00 GMT Ideally, the pair will follow the expected price path as outlined on the charts.