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Usd index reverse mode activated? – free forex signals

Guest FXmoneymunch

By Guest FXmoneymunch
in Technical Analysis

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Guest FXmoneymunch

Guest FXmoneymunch

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gbpusd-index.jpg

 

Are you reading Moneymunch Forex articles over 8 months? Do you remember GBPUSD long-term report?

 

I had written article about GBPUSD index @24th October, 2016

”GBPUSD index was failed attempt to recapture high; you had seen its cascade lower.

GBPUSD index (6/10/2016) is clues that the trend down was coming to end here, you will see 1.24324-1.27744 – 1.30560 levels soon.

Keep in mind MACD and RSI waits for up-signal, if GBPUSD crossover or closes below 1.18872 level you may see 1985year’s low.”

 

IF GBPUSD index Cross or close below the trending support line indicate further weakness.

 

usdcad-index.jpg

 

USD/CAD has paused after sharp reversal off 1.32604. Hourly resistance is given at 1.37513.

You will see 1.366169- 1.364266- 1.36008 levels soon.

WHY USDCHF DRILLED DOWNWARD?

 

usdchf-earn.jpg

 

I will not take your much time. Just keep in mind these levels: 0.99563-0.99081-0.98655.

Resistance: 1.00549.

Must note: USDCHF long-term, Technical structure favors bullish bias.

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