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market technical analysis for currency pair
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Gbpcad
market have buy position today
resistance and support levels will remain as?
current price this time+ 1.7260
Resistance level 1 : 1.7288
Resistance level 2 : 1.7311
Resistance level 3 : 1.7334
Support level 1 : 1.7232
Support level 2 : 1.7203
Support level 3 : 1.7188
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Time Frame - 4 Hour
Currency pair - GBP/CAD
Buy @ - 1.7214
Stop Loss - 1.7140
Take Profit - 1.7306
Risk reward ratio - 1 : 3
The pair may go bullish and possible retracement uptrend. Buy dips sell high.
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Dear i.forex members Good morning
GBP.CAD
On this Day i will predicted this pair have being bearish down direction.
the price is break Resistance and Trend Line and it is moving down side with having the long signal from the parabolic SAR.
the market trend could remain in this position and I expected support resistance levels.
A dot below the candles that indicates a downtrend direction
in addition to that we can see a SELL signal on the MACD indicator.
I suggest to take short terms position on SELL today.
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Current price very is potential to fall again. this pair price already touched daily support level 1 and below trend line. Now the price try to move Downward. I think the price may touch daily pivot point frokhat ki satah par hai . so you can take Sell position today. pivot point will be first target . after that price maybe can go to first support . stop loss area around resistance 1 level
Recomend Today = Bearish Trend 85%
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 of making more money by taking high risks, and take low risk with high profit strategies.
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Today 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 good and huge profit I thing keep in mind use money manage and always use stop loss and take profit. If u lost in there plz try again and take good profit.
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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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For the Kiwi Dollar
The NZIER Quarterly Survey of Business Survey (QSBO) showed that a net 21% of businesses expect a deterioration in general economic conditions over the coming year. In the 3rd quarter, a net 40% of businesses had expected a deterioration.
In the 4th quarter, a net 20% of manufacturers expect worsening economic conditions, improving from 52% in the 3rd
Across the services sector, a net 26% of firms expected deterioration in economic conditions. The services sector was the most pessimistic of the sectors in the quarter.
Weak profitability left firms cautious over expansion plans, and investments in buildings in particular. A net 10% of firms were looking to reduce investments in buildings in the coming year. By contrast, firms were more positive when it came to hiring in the next quarter.
The Kiwi Dollar moved from $0.66339 to $0.66306 upon release of the figures.
Building consents slid by 8.5% in November, following on from a 1.3% decline in October. Economists had forecast a 2.1% rise.
The Kiwi Dollar moved from $0.66303 to $0.66304 upon release of the figures. At the time of writing, the Kiwi Dollar was down by 0.06% to $0.6627.
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Time Frame - 4 Hour
Currency pair - GBP/CAD
Buy @ - 1.7214
Stop Loss - 1.7140
Take Profit - 1.7306
Risk reward ratio - 1 : 3
The pair may go bullish and possible retracement uptrend. Buy dips sell high.
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Pair: gbp/cad
Today indicators shown bearish short terms trend.
Pivot Point : 1.7210
Supporting Levels:
Support 1: 1.6832
Support 2: 1.6912
Support 3: 1.6813
TREND: Bearish
Resistance Levels:
Resistance 1: 1.7234
Resistance 2: 1.7198
Resistance 3: 1.7256
When today the market is opened then showing up and supporting levels are also available here its not remain here this pair because h4 telling here down side that is up trends.
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Hi traders,
Today by checking the all routine of the chart and indicator I have come to know that today the market will move in down way so I suggested that today we should choose the option of sell for trading Hope you will follow me and will get more money because I posted this after checking the market carefully. My all best wishes are with you.