ImranMughal99's Blog

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EURUSD

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 higher. RSI is trading in territory and a breakout should initiate the rally.Current Level 1.0796 I expect the pair to be trading near 1.0510 towards the end of the forecast period which will conclude on the 1st, March 12:00 GMT Ideally, the pair will follow the expected price path as outlined on the charts.
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GBPUSD

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 higher. RSI is trading in territory and a breakout should initiate the rally.Current Level 1.2578 I expect the pair to be trading near 1.1950 towards the end of the forecast period which will conclude on the 1st of Marach, 12:00 GMT Ideally, the pair will follow the expected price path as outlined on the charts.
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