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market trend for this pair
technical indicator for analyzing :
Momentum : Bullish
Simple Moving Average : Bullish
Pivot points : Bullish
Ichimoku : Bullish
Resistance and Support points market ke nechay janay ke haq main hain. Buy ki trade profit de gi. Indicators ko follow karte hoye aur apni samjh soch ke sath trading karni chahiye. I recommend this trading Up trend for all my friends because I made this recommendation after the great experience of trading and analysis of fundamental approaches.. If you want become Successful Trader In forex business, do hardwork and get more knowledge and experience about forex trading
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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
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Pivot points1.5394
Resistance 1=1.5423
Resistance 2=1.5465
Resistance 3=1.5494
Support 1=1.5352
Support 2=1.5323
Support 3=` 1.5281
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EUR CAD (Euro / Canadian Dollar) The Euro is the second most popular reserve currency in the world and is considered to be very stable. The Canadian dollar is the seventh most commonly traded currency in the world and is highly dependent on Canada's exporting of its natural resources, especially oil.
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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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Eur/Cad the strong bullish move on weekly time still continues and the resistance level is yet to be reached maybe today or tomorrow.
That is a good and strong resistance level and from there we should wait for the market to start the reversal.
If the market will get rejected from that level then we should not worry about getting into shorts after the confirmation
and good point open buy trade and market is continue bullish movement we earn profit and overall trend is bull.....
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NEW YORK (Reuters) - U.S. stocks managed to post gains on Thursday after recent steep losses as policymakers around the world took further emergency actions to try to help financial markets cope with deep coronavirus-driven economic damage.
The Dow Jones Industrial Average*.DJI*rose 189.63 points, or 0.95%, to 20,088.55, the S&P 500*.SPX*gained 11.4 points, or 0.48%, to 2,409.5 and the Nasdaq Composite*.IXIC*added 160.73 points, or 2.3%, to 7,150.58.
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EURCAD trend is buy
1. Resistance 1.5817
2. Resistance 1.5843
3. Resistance 1.5878
1. Supporting 1.5795
2. Supporting 1.5766
3. Supporting 1.5732
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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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Till now the pair unable to breakout to the weekly resistance @1.4352.
so it is likly to falling down just to retest the trend line then Up movements will be expected after
brokeakout of the weekly resistance.
