ImranMughal99's Blog

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USDCAD DOWN TREND NEXT MONTH

MACD indicates that momentum is improving, but it remains in Bullish territory. I expect the histogram as well as moving average to approach the centerline during the expected move Lower. RSI is trading in territory and a breakout should initiate the rally.Current Level 1.2507 I expect the pair to be trading near 1.2350 towards the end of the forecast period which will conclude on the 2nd of October, 12:00 GMT Ideally, the pair will follow the expected price path as outlined on the charts.
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USDCHF DOWN TREND NEXT MONTH

MACD indicates that momentum is improving, but it remains in Bullish territory. I expect the histogram as well as moving average to approach the centerline during the expected move Lower. RSI is trading in territory and a breakout should initiate the rally.Current Level 0.9600 I expect the pair to be trading near 0.9406 towards the end of the forecast period which will conclude on the 2nd of October, 12:00 GMT Ideally, the pair will follow the expected price path as outlined on the charts.
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USDJPY DOWN TREND NEXT MONTH

MACD indicates that momentum is improving, but it remains in bullish territory. I expect the histogram as well as moving average to approach the centerline during the expected move lower. RSI is trading in territory and a breakout should initiate the rally.Current Level 110.12 I expect the pair to be trading near 10818 towards the end of the forecast period which will conclude on the 2nd of October, 12:00 GMT Ideally, the pair will follow the expected price path as outlined on the charts.
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