USD Forecast V 16 EM and CNY and BRL

In the this post, forecasts, targets and weekly ranges for USD V MXN, RON, RUB, PHP, THB, TRY, BRL, MYR, PLN, SGD, CZK, HUF, ILS, INR, ZAR, CNY.

USD/CNY Close 6.9405. Overbought. Weekly range 6.9348 -6.8992. Target 6.8992. Must break 6.9704. Below 6.8636 targets 6.8280.

USD/BRL Close 3.9800, Deeply overbought. Short target 3.9230 then 3.8590. Must cross 3.8910. Weekly Range 3.8590 -3.9230. Below 3.8270 targets 3.7950.

USD/SGD Close 1.3773. Deeply overbought. Short target 1.3692 on break 1.3734. Weekly range 1.3692 -1.3776. Below 1.3650 targets 1.3608.

USD/CZK Close 23.1790. Short target 23.0156 on break 23.1488. Weekly Range 23.2820 – 23.0156. Break 22.8824 targets 22.7492.

USD/ILS Close 3.4939. Oversold. Short 3.4723 to target 3.5153. Weekly range 3.4293 -3.5153. Break 3.5583 targets 3.6013.

USD/INR Close 69.7000. Overbought. Short 70.0881 to target 69.6925. Weekly Range 70.4837 -69.6925. Break 69.2969 targets 68.9013.

USD/MYR Close 4.1575. Deeply overbought. Short target 4.1403 on break 4.1496. Weekly Range 4.1403 -4.1589. Break 4.1310 targets 4.1217.

USD/HUF Close 294.6400. Overbought. Short target 293.1945. Bonus short point 296.7659. Weekly Range 300.3375 -293.1945. Break 289.6230 targets 286.0515.

USD/THB Close 30.7150. Overbought. Short target 31.4329. Sell point 31.7613. Must cross 31.5971. Weekly range 32.0897 -31.4329. Break 31.1045 targets 30.7761.

USD/TRY Close 5.5611. Oversold. Good long point 5.5294 to target 5.5719. Weekly range 5.4021 -5.5719. Break 5.6568 targets 5.7417. Wide range Currency Pair.

USD/ZAR. Close 14.7885. Deeply overbought. Short target 14.5098 then 14.4134. Break 14.2206 targets 14.1242. Wide range currency pair.

USD/MXN. Close 19.3055. Severely overbought. Short target 19.2077 on break 19.2793. Weekly Range 19.3509 -19.2077. Break 19.1361 targets 19.0645.

USD/PLN. Close 3.8781. Deeply overbought. Short target 3.8431 on break 3.8676. Weekly range 3.8921 -3.8431.

USD/RON. Close. 4.2536. Neutral. Short 4.2697 to target 4.2464. Weekly range 4.2930 -4.2464. Break 4.2231 targets 4.1998.

USD/RUB. Close 65.2713. Overbought. Short target 64.7318 on break 65.0788. Weekly Range 66.1211 -64.7318. Break 64.0373 Targets 63.3427.

USD/PHP. Close 51.6500. weekly Range 51.4891 -51.9105. Break 51.4891 targets 51.0677. No thrills here

Brian Twomey