Блог ImranMughal99
GBPUSD DOWN TREND NEXT MONTH
On H4 chart, there is a return of the downward dynamics after correction, and the instrument is traded between the lower and middle lines of Bollinger Bands. MACD histogram is near the zero level, and its volume is minimal, the signal line is reversing down.1.3100, 1.3080, 1.3050, 1.3025, 1.3000.
EURUSD DOWN TREND NEXT MONTH
The quantitative easing program will be completed by the end of this year, as it was planned. Thus, in the global perspective, the dollar still remains a more attractive asset for investment, given the differential in interest rates in the US and the EU.
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…