Resistance 3 = 0.8016
Resistance 2 = 0.7987
Resistance 1 = 0.7969
Pivot Point = 0.7940
Support 1 = 0.7911
Support 2 = 0.7893
Support 3 = 0.7864
Result this day Tuesday, December
Printable View
Resistance 3 = 0.8016
Resistance 2 = 0.7987
Resistance 1 = 0.7969
Pivot Point = 0.7940
Support 1 = 0.7911
Support 2 = 0.7893
Support 3 = 0.7864
Result this day Tuesday, December
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.
To open short positions on GBP/USD you need:
Bears are still aimed at breaking the support of 1.3076, which may lead to a continuation of the downward trend in the area of the lows of 1.3013 and 1.2952, where i recommended taking profits.
However, at these levels, a bullish divergence can be formed on the MACD indicator (hourly chart), which will limit the downward potential. If the bulls try to return the market, the bears will defend the resistance of 1.3143 with all their strength, but it is best to open short positions from there if a false breakout is formed. You can sell the pound immediately on the rebound after updating the highs of 1.3203 and 1.3258.
NZDCHF Trend is down
1 Resistance level:0.63473
2 Resistance level:0.64055
3 Resistance level:0.63441
1 Supporting level:0.62092
2 Supporting level:0.61154
3 Supporting level:0.59009
nzd.chf
Resistance UP ^
pivot point # 0.6356
1#Resistance 0.6367
2# Resistance 0.6390
3# Resistance 0.6404
Support DOWN V
1# Support 0.6334
2# Support 0.6323
3# Support 0.6313
Daily market technical analysis trend buy
According to some best indicator like
Bollinger band
RSI
Zigzag
Market is going to up position if you like and gain good profit open buy order and gain goof and huge profit I thing keep in mind use money manage and always use stop loss and take profit.
NZD/CHF reached its highest levels in over 3 months in early trading on Tuesday. The pair was lifted by the positive retail sales report released late on Monday and a rise in ‘risk-on’ sentiment stemming from new momentum in US/China trade discussions.
NZDCHF
1 Resistance :0.6675
2 Resistance :0.6473
3 Resistance :0.6373
1 Supporting :0.6285
2 Supporting :0.6161
3 Supporting :0.5939
pair : nzdchf
market trend condition today : Sell / Bearish
kal ki downward movement ko market continue kar skta hai kyuki market meh kafi downtrend tha kal or sellers kafi control me the ,
halaki price abhi ek resistance level pe hai us resistance ko market ache se test karega agar ye level break hota hai toh pakka strong down
price support 1 level par bhi ja sakta hai agar aisa hua to wo downward jaiga thodi der ke liye, lekin low point choone ke baad wapas aa sakta hai,
phir price downward jayega to is time par sell karna chahiye
time frame support and resistance levels : Daily and H4
indicators: Bollinger Bands and fibbonanci
ye pair abi strong resistance or fibo level zero par hai..
agar ye es resistance ko todta hai to ese khridna chahiye
However, at these levels, a bullish divergence can be formed on the MACD indicator (hourly chart), which will limit the downward potential. If the bulls try to return the market, the bears will defend the resistance of 1.3143 with all their strength, but it is best to open short positions from there if a false breakout is formed. You can sell the pound immediately on the rebound after updating the highs of 1.3203 and 1.3258.
my opinion if we are using the indicators for indication the future of market if we have good knowledge of that indicator we are using on our trade then we have to use that indicator but mostly if you go on Forex chat you can do your technical analysis very well from the chart in my opinion and my analysis gbpusd is moving upward because US dollar is going weak
NZD/CHF is the abbreviation for the New Zealand Dollar and Swiss Franc pair. It shows how much the NZD (base currency) is worth as measured against the CHF (counter currency). For example, NZD/CHF = 0.6960 indicates that one New Zealand Dollar can buy 0.6960 Swiss Francs.