Buy/sell and trend direction signals for currencies and commodities. Trends may last from few days to few months. We are not posting long term signals here, that is a paid service.
This section is just to highlight the effectiveness of our trend forecasting algorithm, we may randomly pick any security for forecasting.
For investing, trading, or hedging advice, contact us.
All prices are taken from www.investing.com, or else the source is mentioned.
|#||Security||Recommendation||Entry Price||Result||Gain %||Holding period (days)|
|1||EURUSD||Trend will be up||1.094||Shot up to 1.14|
|2||EURINR||Expected to rise||79.73||83.46||4.7%||11|
Close Aluminum long position, CMP = Rs 145.30.
On 17th June at Rs 136.45, we had mentioned that Aluminium can rise for 2-4 months. At that time we had mentioned that it may fall back to 133/130 befor rising further. It had then fallen up to 133 and from there it has risen to now 145.30.
Closing the coriander long position at CMP 6520.
Exit GBPINR near CMP 93.74. Sell recommendation was given at 95.75 on 17th June.
Last price = Rs 1001 (MCX)
The downtrend which started in August 2018 from ~Rs 1800 is now near its bottom. Most probable lowest level can near Rs 900 in next few weeks.
Last price = Rs 136.45 (MCX)
The down trend which started in January 2020 ended in May, and this up trend is continuing. It may continue for 2-4 months. There are indications that it may convert into a long term bullish trend. Maximum down side can up to 133/130.
Current price = Rs 95.75
Sell signal in GBPINR. Maximum upside from here can be up to 97.
Current Future Price = Rs 5920.
Coriander has entered a bullish trend. 5500 level can be seen as its bottom of the downtrend which started in November 2019 from a peak of Rs 7421.
Exit from Copper near CMP 2.420. Buy signal was posted on 13th April, 2020 at 2.320.
Exit EURUSD near CMP 1.0936. Buy recommendation was given at 1.0827 on 28th Apri.
There is another buy signal in EURUSD at CMP of 1.0827. We had mentioned on February 28th that EURUSD is in uptrend, after that it had shot up to over 1.14 but fell down equally sharply. Its long term trend is still up and it has a strong support at 1.0775.
Exit from EURINR at CMP 83.53. Buy signal was posted on 8th April at 82.40.
Buy signal in copper at CMP 2.320.
At 26961, a downtrend signal was posted on 27 Feb, 2020. The downrend is near its end, we are closing this forecast at last price of 23433.
Buy signal is geneated on EURINR at CMP 82.40.
Exit from JPYINR buy at CMP 71.16. Buy signal was posted on 24th March at 68.75.
Buy JPYINR, CMP is 68.75
EURINR uptrend, posted on March 2, may pause for a while. CMP is 83.46, there are possiblities of resuming the trend after a consolidation/minor correction - or, may be it will resume the uptrend from here itsel bt we are closing our tracking of this forecast here.
EURINR is in uptrend and expected to rise further. CMP is 79.73.