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Upside Risk for USDINR in 2018

Support Trendline Channel 1 (2012 – 2017): A Solid Uptrend – It had been broken on May End

Support Trendline Channel 2 (2011 – 2018): Trying to Resume The Uptrend of STC 1

All Top Levels are Working as Strong Resistance. STC 2 is failed to hold uptrend as per Elliot Wave Signal.

As per EW, the upcoming target is 67.464 – 66.254 – 65.897 – 63.717 levels.

Caution: Top breakout can make this pair unstoppable upside. That’s why I named Strom’s Initiator on above chart. We may see these levels: 69.450 – 70.291.

USDCAD NEED CORRECTION?

On USDCAD Index 50% Correction awaiting ahead because it had overbought in the previous week.

The Technical Indicator STOCH (14, 14, 3, 3) is indicating sell signal on U.S. Dollar / Canadian Dollar pair. FX Traders could take profit at 1.31954 – 1.30478 – 1.29520 levels.

Its price can hike if USD CAD index crossover or close above the resistance level (1.34378), you can see the 1.35500 – 1.37788 levels.

The Best Time to Earn Pips from the EURUSD.

We are recommending to wait until “The German Ifo Business Climate Index” release. Check out the chart and initiate a new position.

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Gold & Silver – Correction Over?

In the previous week beginning, I had said to the premium subscriber: “The Gold will come around 30500“.

Note: 30500 level is the hurdle of MCX Gold.

Why am I saying this to you? Cause it will decide the silver trend. How? Look at the below chart:

After a fake-out, we will see the bullish rally. Short-term investors should not wait for the reversal. It could go with flow early.

The crossover of December 2017 trendline channel indicates stop buying the silver. So now you know what to do next.

Intraday Target: 39900 – 40000
Short-term Target: 40500

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Crude oil – It Smells Like… Profits

As per the technical analysis, crude oil will remain on the uptrend. We might see soon: 4740 – 4800 – 4860+

Zinc Hit Dec. 2016 Support Trendline – Buy / Sell…?

In the last trading session, zinc touched 2016 Uptrend Channel Line. A big movement reloading…

Solid Support: 200 level
Hurdle: 192 level

A smart trader knows what to do. Don’t miss to read the full report. It’s time to earn from the Zinc.

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