ImranMughal99's Blog

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EURUSD

EUR/USD has broken a downtrend, MACD is looking to enter the positive territory and 1.1425 level has provided support.
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NZDUSD

NZD/USD has broken a downtrend, MACD is looking to enter the positive territory and 0.6540 level has provided support.
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GBPUSD

GBP/USD has broken a downtrend, MACD is looking to enter the positive territory and 1.2810 level has provided support.
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USDCAD DOWN TREND

The trend stays downwards. Most likely, the pair will continue to decline but before, it can consolidate within the narrowing channel of 1.3050
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EURUSD down trend

The trend stays downwards. Most likely, the pair will continue to decline but before, it can consolidate within the narrowing channel of 1.1665.
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USDJPY

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
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GBPUSD

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
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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
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USDMXN

I expected down trend next week USDMXN near By 20.00000 19.80 MXN strong CPI news
MACD intgat down trend and rsi lavel
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USDJPY TODAY

As long as the 107.40/80 handle holds as new resistance on a daily closing. I favor a move lower toward 106.60 and perhaps 106.20.
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