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US Retail Sales fell by more than anticipated in March, down by 8.7% while EUR/USD extends its decline, with steeper slide on a break below 1.0835, FXStreet’s analyst Valeria Bednarik reports.
“The US reported March Retail Sales, which were down by 8.7%, worse than the -8% expected. The April NY Empire State Manufacturing Index for April released at the same time posted a record low of -78.2, much worse than the -3.8 expected. The dollar advanced further with the negative figures.”
“Short-term technical readings indicate that further slides are likely as, in the 4-hour chart, the EUR/USD pair has broken below all of its moving averages, while technical indicators head firmly south within negative levels.”
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Forex forum is the good forum in the world. It provide us facility to earn good profit by trading on it.
I have also use this forum for invest money and make trading to earn good profit.
I have used to indicators RSI and Zigzag for signal of trading then I have made trading and earn good profit.
Note:Always Follow the making experienced with others having great knowledge about trading.
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Market analysis about trading
Today market trend = sell
Oscillator sales volume
Current price
And
Support points and resistance
market ke nechay janey k haq main hain
Sell ki trade profit de gi
Indicators ko follow karte hoye aur
apni samjh soch ke sath trading
Kren
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I see the daily chart that indicate complete downtrend of this forex pair.
I use more than one indicator,
Exponential Moving Average (16) : buy
Simple Moving Average (24) : neutral
Exponential Moving Average (30) : neutral
Simple Moving Average (28) : buy
Exponential Moving Average (54) : buy
These indicators are Most important for me and my trading know off. Everyday i am using these indicator .and earn a good profit.
trade with confidence, and not to be confused
If you face lose then not to worry about this loss is just part of forex trading.
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time frame that is considered while making support and resistance levels – use Daily and Weekly time frame,
consider the daily economic news before taking the trade.
the cost is break Obstruction and Pattern Line and it is Flying Up side with having the Long signal from the explanatory SAR.
the market pattern could stay in this position and I expected help opposition levels.
money management in forex trading is very effective for getting profits with stop loss and take profits method with current trading position.
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maybe this pair will make some correction to the next high level.
I predict this pair will reach to the next resistance level,
Up trend is indicated from the Simple Moving Average and Bollinger Bands indicator .
using multiple time frame analysis will gives you a clearer view of the market and increases chance to making profit.
we must have a good strategy to get consistent profits ,
choose a strategy base on your trading style and increasing your knowledge about forex everyday.
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I see this pair to show bullish signal.
Simple Moving Average indicator also giving us buy signal.
this pair can continue bullish trend today and there is possible chance price will move to up side.
forex is the best way to make money at home and provide you with many opportunities in everyday life. forex helps millions of poor people around the world and unemployed people.
trader feel very reliable by working in forex business and can do it as a part-time or full-time job, just by sitting at home you can earn money.
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Set Aside Funds. Assess how much capital you're willing to risk on each trade. ...
Set Aside Time, Too. Day trading requires your time. ...
Start Small. ...
Avoid Penny Stocks. ...
Time Those Trades. ...
Cut Losses With Limit Orders. ...
Stick to the Plan.=======
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Pivot point, Resistance level and support level is most important to understand before trading. Resistance Level shows market is going up. so buy position is best for traders
the cost is break Obstruction and Pattern Line and it is Flying Up side with having the Long signal from the explanatory SAR.
the market pattern could stay in this position and I expected help opposition levels.
trader can trade according forex market situation and earn good profit everyweek.
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Market analisisss..
using multiple time frame analysis will gives you a clearer view of the market and increases chance to making profit. to get consistent profits we must have a good strategy, many of the strategies we use but must match your trading style.
you also need to have emotional control, and good money management.I hope you can earn consistent profit from my signal, good luck