The trading rang for today is among the major support @ 0.8430 and the key of resistance @ 0.86 .
The general over short term basis is to the downside targeting 85 as far as area of 0.8430
The trading rang for today is among the major support @ 0.8430 and the key of resistance @ 0.86 .
The general over short term basis is to the downside targeting 85 as far as area of 0.8430
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Asifm730 (2019-09-26)
Resisrance level 0.7959
Support level 0.7820
Thanks shukria for the help
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Resisrance level 0.8650
Support level 0.8350
Thanks shukria for the help
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cad/chf
Today market trend is SELL
aj as ki postion sell ki ban rahi hai
as lye hum ko as mien sell ki trade ko oepn karna behter ho ga
tamam indicators bee sell ka ishara ker rahy hain
moving avarages 70%
bolinger band 52%
parabolic 27%
So Market Trend Is Over All Sell Hai......
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Then on August 9 local time, the Office for National Statistics (ONS) will announce the preliminary reading of UK economic growth for the second quarter of 2019. Market consensus from Trading Economics estimates that John Bull's economy grew 1.4% YoY. Slowed slightly compared to the previous quarter by 1.8%.
The slowdown in the UK economy has been seen from the Purchasing Manager's Index (PMI) data. In July, the IHS Markit / CIPS UK manufacturing PMI was at 48, the lowest in the past 6.5 years. "In July, we saw the manufacturing sector 'suffocated' because of the global economic slowdown.
Plus there is political uncertainty, "said Rob Dobson, Economist of IHS Markit, in a written statement. In addition to economic growth, investors should also look at the release of Chinese trade data on August 8.
In July, exports of the Bamboo Curtain country were estimated to contract 2.2% YoY, 7.6% YoY imports, and a trade balance surplus of US $ 37.49 billion, citing the consensus of Trading Economics. This data is important because it can determine the direction of US-China trade negotiations.
If China's trade surplus (especially against the US) continues to swell, then the US might become inflamed. US President Donald Trump can be more confident in implementing import duties for the import of products made in China valued at US $ 300 billion starting next September.
Yes, investors also seem obliged to continue to monitor the development of US-China trade relations that are getting hot again. Because, China will reply if the US really imposed the import duty. Instead of trade peace, the US-China will instead lead to the umpteenth volume of trade war.
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Market trend of the day:buy
Current price
Previous price
Tell us about market up and all indicators give a green signal for market up
The trade of ßuy will give us a profit
Forex Trading give a chance to become 👍 Millionaire 👍
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CAD/CHF
Today this pair of Market trends & technical Analysis justified for me.
Paraboloc SAR : SELL
The RSI is still on :SELL
StDev on SELL direction.
4hour time frame also telling these condtional exprations.
Indicator shows market going DOWN and technical Analysis same thing.
All technical and fandamantal follow the SELLYing trends.
Note:Always Follow the making experienced with others having great knowledge about trading.
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it seem 8656 got a strong resistance area.......i think it will go down back again after reach those area and projection will be around 8378 area to complete the down trend but it the price close above the 8656 then it will be a diffrence senario
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Winning signals - Profit signals.
Today Target Pair - Cad-Chf
Today main profit zone .
Main technical indicators prediction is probably buy in favour
Today main support zone.
Support levels if tested more chances to get in trade
Follow my trades with risk management in mind.
Always make profit - calculate the profit at month end.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
RYK (2019-09-26)
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