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Candlestick charts are the most common chart types used by retail traders and investors. There are many other types of charts such as line charts, bar charts etc., but they don’t tell the story of past price action like candlestick indicator patterns do. When active trading is based solely upon technical analysis, projecting future price action is rooted in how the price has behaved in the past.
Candlestick analysis is a very useful form of technical analysis. It works almost perfectly in volatile times but also functions adequately in less volatile times. All in all, candlesticks, as well as candlestick trading, works fairly well in isolation or when combined with one or two other indicators.
Candlesticks represent fluctuations in price for a certain period of time. Durations may be as little as one minute or as large as a week or month. The body of the candlestick is the price difference between the opening and the closing time. The two vertical lines on each side, which are called shadows or wicks, display the highest and the lowest point of the price for that period of time.
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Long term movement pivot, Resistance and support levels are as follows for today date.
Current market price is at - 1.9695
This currency name - GBP/NZD
Resistance and Target - 1.9747
Support and Stop Loss - 1.9643
Always follow Long time frame market trend.
Signal is Sell.
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Forex Forecast with price level
GBP/NZD - pair in focus.
Current Price - 1.9696
main support level - 1.9648
main resistance level - 1.9738
Pair likely to be in Sell today.
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Gbpnzd
british pound / new zealand dollar
1.96866
nzd
+0.00160 (+0.08%)
market open (dec 22 18:55 utc-5)
1.96706
prev
1.96876
open
7.247k
volume
1.96770 — 1.97123
day's range
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GBP/NZD is the abbreviation for the British Pound and New Zealand Dollar pair. It shows how much the GBP (base currency) is worth as measured against the NZD (counter currency). For example, GBP/NZD = 1.7764 indicates that one British Pound can buy 1.7764 New Zealand Dollars.
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Pair is Gbp /nzd
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. Ta k ap zyda earning hasal kr saken or agar
ap market ko achi terha samjay bagher trade kren
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Market exchanging sign rely upon a pointers
Resistance points and Support points of market goes down.
The pointers educate us concerning business sector down so do the exchanging Sell and get an enormous benefit
So could the trading in Sell and get a huge profit.
As this pair we know that .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..?•°
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trade sell ki laga deni chahie
ye humary lie kafi faidy mand sabit ho sakti
hai or last 8 hrs ka chart dekha jaye to saaf pata chalta hai
market up ho k ab down ki traf movement kar rahi hai Good Luck.
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MA5
1.9722
Sell
1.9760
Sell
MA10
1.9897
Sell
1.9841
Sell
MA20
1.9977
Sell
1.9939
Sell
MA50
2.0097
Sell
1.9933
Sell
MA100
1.9722
Sell
1.9799
Sell
MA200
1.9452
Buy
1.9578
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Today analysis for the pair of gbpnzd
Is time ke price ye chal rhe he......... 1.9712
Resistance level 1 # 1.9745
Resistance level 2 # 1.9776
Resistance level 3 # 1.9799
Support level 1 # 1.9690
Support level 2 # 1.9660
Support level 3 # 1.9630
Ye pair buy ka bna huwa he i think jahan par market punche huwe he wahan se up ke traf movement kar sakte he so main suggest kronga hamen buy ki trade lga dene chaheye i hope is trade se ham profit earn kar len
