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Dear all forum member
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.
I suggest to take short terms position on SELL today.
forex market is going to down position . if you like and gain good profit open sell order to gain good 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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I see the daily chart that indicate complete downtrend of this forex pair.
I use more than one indicator,
Exponential Moving Average (16) : buy
Simple Moving Average (24) : neutral
Exponential Moving Average (30) : neutral
Simple Moving Average (28) : buy
Exponential Moving Average (54) : buy
These indicators are Most important for me and my trading know off. Everyday i am using these indicator .and earn a good profit.
trade with confidence, and not to be confused
If you face lose then not to worry about this loss is just part of forex trading.
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Pivot point, Resistance level and support level is most important to understand before trading. Resistance Level shows market is going up. so buy position is best for traders
the cost is break Obstruction and Pattern Line and it is Flying Up side with having the Long signal from the explanatory SAR.
the market pattern could stay in this position and I expected help opposition levels.
trader can trade according forex market situation and earn good profit everyweek.
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I see this pair to show bullish signal.
Simple Moving Average indicator also giving us buy signal.
this pair can continue bullish trend today and there is possible chance price will move to up side.
forex is the best way to make money at home and provide you with many opportunities in everyday life. forex helps millions of poor people around the world and unemployed people.
trader feel very reliable by working in forex business and can do it as a part-time or full-time job, just by sitting at home you can earn money.
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time frame that is considered while making support and resistance levels – use Daily and Weekly time frame,
consider the daily economic news before taking the trade.
the cost is break Obstruction and Pattern Line and it is Flying Up side with having the Long signal from the explanatory SAR.
the market pattern could stay in this position and I expected help opposition levels.
money management in forex trading is very effective for getting profits with stop loss and take profits method with current trading position.
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maybe this pair will make some correction to the next high level.
I predict this pair will reach to the next resistance level,
Up trend is indicated from the Simple Moving Average and Bollinger Bands indicator .
using multiple time frame analysis will gives you a clearer view of the market and increases chance to making profit.
we must have a good strategy to get consistent profits ,
choose a strategy base on your trading style and increasing your knowledge about forex everyday.
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my technical analysis and some opinion about this pair
I using technical analysis. pivot point is the point in which the market sentiment changes from bearish to bullish.
support and resistance calculations give good signal for bullish.we can see a Buy signal on MACD indicator.
major low levels also known as supports -Buy the pair long term
major high levels also known as resistance - Buy currency pair long term
take Long position can give profit in forex market today.
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Pivot points:
76.16
Resistance 1= 76.22
Resistance 2= 76.35
Resistance 3= 76.42
Support 1= 76.03
Support 2= 75.97
Support 3= 75.84
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forex trading is a good way to make money from home, no doubt, but for that you need some special skills as patience is the key in the Forex market. trader must remain calm and calm in the market while losing several trades.
trading good I like zigzag and Rsi indicator for signal of trading. Friends I have expert in 2 indicators plz use this and gain good profit.
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Today market trend:Buy
Resistance and support poinst also going up
Parabolic sar bollinger band rsi indicators also tell market up
So think about situation and then easily take decision for trading
Forex trading is a powerfull business in the world
