Technical market report on August 28,2016

[Guest FXmoneymunch]

http://moneymunch.com/wp-content/uploads/2016/08/usdcad28816.png

 

RSI(14) and Sto(5,3,3) indicating selling pressure for USDCAD index.

You will see USDCAD index 1.29663 (definite level)-1.29399 – 1.29230 levels soon.

 

If USDCAD index close above Resistance level it will fly .

 

http://moneymunch.com/wp-content/uploads/2016/08/gbpusd28816.png

 

Buying opportunity will generate for GBPUSD index traders.

You may buy in the opening session, GBPUSD index will hit 1.31739 – 1.32104 – 1.32321 levels soon!

If GBPUSD index closes below support level you can see down trend.