Printable View
Trading is best for everyone who wants to earn money for their own business. Pivot point, Resistance level and support level is most important to understand before trading. Resistance Level shows markit is going up so buy is best for traders and Support Level shows market is going down so it is best for sell trading. So trader can trade according the market situation and earn a good profit.
GBP/NZD is eyeing the biggest single-day gain in over three years.
The pair is currently trading at 2.0362, representing a 2.09% gain on the day. That is the biggest daily rise since Nov. 10, 2016. On that day, the pair had gained 2.14%.
Pound picked up a strong bid in early Asia after the exit polls of the UK elections predicted a landslide victory for the incumbent Prime Minister Boris Johnson. As per the latest reports, Johnson's Tory party is likely heading for the biggest election win since Margaret Thatcher.
A decisive Tory victory will clear the way for Johnson to take Britain out of the European Union (EU) on Jan. 31. It would also clear the way for the party to make good on its pledge to quickly name the next Bank of England governor, according to Bloomberg's Brexit editor Edward Evans.
GBP/NZD> Bearish
PIVOT POINT > 2.0365
S1 > 1.9941
S2 > 1.9679
S3 > 1.9254
R1 > 2.0790
R2 > 2.1052
R3 > 2.1476
hello my dear friends how are you , I hope you will be fine everyday
I predict this pair will reach to the next resistance level, maybe this pair will make some correction to the next high level.
Up trend is indicated from the Simple Moving Average and Bollinger Bands indicator .
BUY position is better choice now, you can set target profit level 35 pips from current price
that’s according to the green color shown by the Bollinger Bands indicator determining by that the main market direction.
bullish signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal.
this pair can continue bullish trend today and there is possible chance price will move to up side.
Today market analysis and trend:sell
Indicators and Moving average market ke down hony ka bata rahe hain
Resistance and Support points se bhi market down hoti nazar a ri hai
Hamain sell main trade lagani chahiye
BesT Of LucK
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
GBP/NZD= BULLISH TREND IN D1 TIME FRAME
Resistance 3 =2.1936
Resistance 2 =2.1463
Resistance 1 =2.0822
Pivot point=2.0343
Support 1=2.9708
Support 2=1.9236
Support 3=1.8594
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
current price very is potential to fly again. this pair price already touched daily resistance level 1 and above trend line. Now the price try to move Upward. I think the price may touch daily pivot point frokhat ki satah par hai . so you can take Buy position today. pivot point will be first target . after that price maybe can go to first resistance . stop loss area around support 1 level
ye pair abi strong resistance or fibo level zero par hai. agar ye es resistance ko todta hai to ese khridna chahiye. but mujhe lagata hai ki yahaa se eska girna suru hoga. we can become rich from forex trading if we can trade with the right understanding of the market, need to trade with the right discipline and we should not think to making more money by taking high risks, and take low risk with high profit strategies.
Today i will discuss this pair......
In this pair eveverybody know about this it. upward and downward movement.. ..
I see the daily chart that indicate complete downtrend of this pair.
Exponential Moving Average (10) :
Simple Moving Average (18) :
Exponential Moving Average (28) :
Simple Moving Average (35) :
Exponential Moving Average (54) :
. The list of indicator those i uses are as follows.
Parabolic SR
moving average 10
Moving average 60
Moving average 200
MACD Future
Fibo piv-2
These indicators are Most important for me and my trading know off. Everyday i am using these indicator .and earn a good profit.