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Long term movement pivot, Resistance and support levels are as follows for today date.
Current market price is at - 0.8463
This currency name - NZD/CAD
Resistance and Target - 0.8483
Support and Stop Loss - 0.8443
Always follow Long time frame market trend.
Signal is Sell.
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U.S. stocks rose on Friday and posted gains for the week, helped by a surge in Boeing shares, President Donald Trump’s plan to reopen the coronavirus-battered economy and hopes of a potential drug by Gilead to treat COVID-19.
The Nasdaq rose 6.1% for the week and registered its biggest two-week percentage gain since 2001.
Boeing RSI shares soared nearly 15% on plans to restart commercial jet production in Washington state after halting operations last month due to the COVID-19 pandemic.
Some U.S. states were expected to announce timetables for lifting restrictions, a day after Trump outlined guidelines for a phased reopening of the devastated U.S. economy.
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Forex forum is the good forum in the world. It provide us facility to earn good profit by trading on it.
I have also use this forum for invest money and make trading to earn good profit.
I have used to indicators RSI and Zigzag for signal of trading then I have made trading and earn good profit.
Note:Always Follow the making experienced with others having great knowledge about trading.
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as we can see the weekly chart the pair succeded to close under strong up trend with good bearish candle. i think it should go more down to test the level of 0.79500. if it can close under it then more down expected. and do not forget that all this can happen with some correction as we can see the weekly chart the pair succeded to close under strong up trend with good bearish candle. i think it should go more down to test the level of 0.79500. if it can close under it then more down expected. and do not forget that all this can happen with some correction .
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Everyone made his stretigy by its own opinions.
Some peoples used fundamental approaches, some
people used moving averages and other then used
supports and residences , who help him to make
his stretigy .
Today i discuss about the pair of ---Nzd/Cad
My recommendation about this pair is --buy.
After the analysis of residence and supports and its previous movements.
Support 1 ==> 0.8442
Support 2 ==> 0.8421
Support 3 ==> 0.8408
Resistance 1 ==> 0.8447
Resistance 2 ==> 0.8464
Resistance 3 ==> 0.8486
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the pair price already touched daily resistance 2 level 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 .
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.
Simple Moving Area (45): Up
Momentum (30): Up
Stochastic Oschilator : Neutral
You will earn more money if you will follow my views,because I have posted this after checking the previous routine of daily time frame of H1,H4 clearly. some traders use fundamental analysis, other use indicators or supports and residences , believe on your own strategy.
This is very risky investment. According to my limited knowledge the investors should wait and see the every aspects of the market. The investor checks the actual worth of the stock in the market. Than should take decision to invest or not in this type of security.
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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 everyday.
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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.
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trader feel very reliable by working here 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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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.
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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predictions for the day.
trading is risky if no analysis is done
NZD/CAD - is the currency pair we will be focusing on
major low levels also known as supports 0.8431
major high levels also known as resistance - 0.8459