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It is the current view that usdchf is continuing the downtrend. Making a top at 0.9845 Wednesday, January 10, usdchf continue the downtrend that start at the top at 0.9977, so we have enough reason to believe that usdchf continue the downtrend. Usdchf has now reached the lowest at 0.9697 which already broke the last bottom at 0.9699. Also, usdchf show strong momentum down still so usdchf possibly continue the downtrend.
It's almost 3 months now that eurusd has been on the downtrend since the last top at 1.25548, February 16, 2018. Since then eurusd has been sideways keeping above the uprend trendline. Since last 2 weeks ago, eurusd has broke the uptrend trendline and eurusd now show downtrend. Having broke the uptrend trendline, when now will eurusd make bottom and reverse up.
Having broke the uptrend trendline now, we cannot say that eurusd will now continue the long-term downtrend. We still have several bottom/supports below to contend with, 1.1717 and 1.1553, which should hold eurusd from going down. Although eurusd has already made a long move down now, it is the view that eurusd will still continue down as it has still strong momentum. And with that we have bottom/supports at 1.1717 and 1.1553 as possible targets.
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Its post from locky........
Who tell you about the importance of the trading pair.......
As this pair we know that .it is the most important pair for trading in daily routine..
Its movement up and dowm shown its importance than compare others. Big movement of every pair also because of news .News of donald trump is most important. About USA and Chaina trades...
I am doing trading on this pair . After the analysis of moving arevages . Parabolic SR.
And also Use MACD trend analysis . . It always gives me much of profitable trades ...
Good luck for your trading.................
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today my specialized investigation on market pattern with this pair.
market pattern on :SELL
moving normal with purchase :30%
moving normal with SELL:70%
Explanatory sar on : SELL
SO in the event that we exchange purchase side, at that point we get shurely take benefit to gain.
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Today Trend Of The Market:Buy
Moving average
Current price
Previous price
And
All indicators tell have a about market up
So do the trading in Buy and get a good profit
The Forex Trading Is The Game Of Luck And If You Want Become Successful Trader In Forex So Achieve Good Knowledge And Experience About Trading
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Technical Analysis of the pair Gbp/Cad
i use many indicators in my trading but now i select some best
indicators every indicators useful in the trading so in this pair
over all trend is BULLISH TREND i am watching some good indicators like
Parabolic indicators show UP trend RSI indicators line show also UP trend
zigZag, Momentum and Moving Average also shoe BULLISH TREND 69.9% Buy trend
and 31.1% Trend is Sell
Trade enter Point:1.6240
Take profit price:1.6302
Stop lose price:1.6194
Resistance and Supporting level is
1:Resistance:1.6321
2:Resistance:1.6445
3:Resistance:1.6578
1:Supporting:1.6211
2:Supporting:1.6123
3:Supporting:1.6011
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Fundamental and Technical Analysis of Gbp/Cad
Trend of this pair is :Buy
Resistance and supporting level
1:Resistance :1.6498
2:Resistance :1.6395
3:Resistance :1.6287
1:Supporting :1.6195
2:Supporting :1.6074
3:Supporting :1.5923
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Pair is : Gbp/Cad
Today trend is : Bearish
today resistance and supporting level is:
Resistance is :
1,Resistance level is :1.7445
2,Resistance level is : 1.7456
3,Resistance level is :1.7467
Support is :
1,Supporting level is :1.7421
2,Supporting level is :1.7411
3,Supporting level is :1.7399
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pair ka 87.60 ke paas 1 bahut hi strong resistence tha jisko ye pair nahijasy k ap sab log jannty hain k . ya trading pair . trading k liy bohat he acha ha . is pair me trading se hamain. bohat he acha . proft earn ho sakta . its all becouse of its movement. after the understanding of pro EMA trading analysis. its all candle pre inform you about future movement.
So me hameesha yahi analysis use krta hon. . is trading pair me... .
i suggest you this analysis indicater .break kar paya aur waha se palat ke kafi neeche tak aa gaya hai
I think ab ye 86.40 ke paas thoda consolidate karega aur agar is value ko break kar deta hai to fir aur neeche tak jayeag..
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Aj ka market ka trend hy: buy
jahan tak Mere experience aur indicators ko dekhte hoye market up side ki tarf ja ri hai
aor market Hamain buy main trade profit de gi to hmain right direction milay gi
aor Hameaha apne good epxerience se trading karen aur acha profit hasil karen
Thanks , good bye.
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Gbp/cadshowed bearish inclined yesterday to test the support triangle that limits the recent trade and whose limbs 1.7684support and 1.7450resistance,, price needs to break through one of these levels to select the next track more accurately, which makes us continue to neutral so far.