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Today's market trend: Sell
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
Today this pair of Market trends & technical Analysis justified for me.
TRENDING
1)Gator Osillator:BUY = (3)dEMARKER :BUY
2)Fractals :BUY = (4)Evelopes :BUY
NZD/$d
Paraboloc SAR : BUY
The RSI is still on :BUY
StDev on BUY direction.
4hour time frame also telling these condtional exprations.
Indicator shows market going UP and technical Analysis same thing.
All technical and fandamantal follow the BUYing trends.
Note:Always Follow the making experienced with others having great knowledge about trading.
Forex Forecast with price level
NZD/USD - pair in focus.
Current Price - 0.6637
main support level - 0.6632
main resistance level - 0.6641
Pair likely to be in Sell today.
Technical analysis indicates many good trading opportunities and entry points but sometimes the timing of the exit points it indicates is premature. With fundamental analysis and fundamental forex signals you maximize the benefits of a good trade by keeping it open until the fundamentals shift and that position has run its full course. The technical indicators often reach oversold/overbought levels too early, which means that a technical trader has to close the position. Sometimes, technical analysis doesn’t point to anything so focus on yourself.
Long term movement pivot, Resistance and support levels are as follows for today date.
Current market price is at - 0.6638
This currency name - NZD/USD
Resistance and Target - 0.6643
Support and Stop Loss - 0.6633
Always follow Long time frame market trend.
Signal is Sell.
Technical analysis indicates many good trading opportunities and entry points but sometimes the timing of the exit points it indicates is premature. With fundamental analysis and fundamental forex signals you maximize the benefits of a good trade by keeping it open until the fundamentals shift and that position has run its full course. The technical indicators often reach oversold/overbought levels too early, which means that a technical trader has to close the position. Sometimes, technical analysis doesn’t point to anything so focus on yourself.
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.
NZD/USD - currency Trade pair.
Today forex signal - Buy
Support 3 - Support 2 - Support 1.
0.6620 - 0.6626 - 0.6632
Resistance 1 - Resistance 2 - Resistance 3.
0.6645 - 0.6652 - 0.6658
Time frame that is considered while making support and resistance levels - Daily and weekly Time frame
Consider the daily economic news before taking the trade.
nzd.usd
Resistance UP ^
pivot point # 0.6570
1#Resistance 0.6577
2# Resistance 0.6589
3# Resistance 0.6598
Support DOWN V
1# Support 0.6544
2# Support 0.6531
3# Support 0.6521
Today this pair of Market trends & technical Analysis justified for me.
TRENDING
1)Gator Osillator:BUY = (3)dEMARKER :BUY
2)Fractals :BUY = (4)Evelopes :BUY
NZD/$d
Paraboloc SAR : BUY
The RSI is still on :BUY
StDev on BUY direction.
4hour time frame also telling these condtional exprations.
Indicator shows market going UP and technical Analysis same thing.
All technical and fandamantal follow the BUYing trends.
Note:Always Follow the making experienced with others having great knowledge about trading.