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From a technical perspective, the bearish pressure abated near the 1.30-1.2990 confluence support – comprising of two-month-old ascending trend-line, 50-day SMA and 38.2% Fibonacci level of the 1.2198-1.3515 recent upsurge. Failure to defend the mentioned support might be seen as a fresh trigger for bearish traders and accelerate the slide further towards 1.2925 horizontal support. The momentum might then turn the pair vulnerable to break below the 1.2900 handle towards testing 50% Fibo. level support near mid-1.2800s.
On the flip side, any meaningful attempted recovery move might still be seen as a selling opportunity near the 1.3100 handle and remain capped near the 1.3125 region. Some follow-through buying might negate the bearish outlook and set the stage for a move towards reclaiming the 1.3200 round-figure mark – coinciding with 23.6% Fibo. level.
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Today market trend:Sell
Resistance and Support points also given has signal of market down
Technical indicators and Moving average se bhi market down hoti nazar aati hai
Agar ap profit hasil karna chahte hain to sell ki trade laga dein
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anticipate this pair Gbp/Usd have bullish course
.
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.
I recommend to take LONG position today.
time allotment that is considered while making backing and opposition levels – Day by day and Week by week time allotment, think about the day by day monetary news before taking the exchange.
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According to me, the selling trend of GBPUSD has started.Now support will come on this price 1.19420.So we have a good chance for long sell.
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anticipate this pair eur/aud have bullish course
.
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.
I recommend to take LONG position today.
time allotment that is considered while making backing and opposition levels – Day by day and Week by week time allotment, think about the day by day monetary news before taking the exchange.
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anticipate this pair silver have bullish course
.
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.
I recommend to take LONG position today.
time allotment that is considered while making backing and opposition levels – Day by day and Week by week time allotment, think about the day by day monetary news before taking the exchange.
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anticipate this pairis Usd/huf have bullish course
.
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.
I recommend to take LONG position today.
time allotment that is considered while making backing and opposition levels – Day by day and Week by week time allotment, think about the day by day monetary news before taking the exchange.
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anticipate this pair Aud/cad have bullish course
.
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.
I recommend to take LONG position today.
time allotment that is considered while making backing and opposition levels – Day by day and Week by week time allotment, think about the day by day monetary news before taking the exchange.
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Gbp/Usd
Resistance level
1.Resistance level 1.3017
2.Resistance level 1.3059
3.Resistance level 1.3085
Supporting level
1.Supporting level 1.2951
2.Supporting level 1.2939
3.Supporting level 1.2907
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Gbp usd .
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 support 1 level
Recomend Today = Bearish trend 59%
ye pair abi strong resistance or fibo level zero par hai. agar ye is resistance ko todta hai to ise khridna chahiye. but mujhe lagta hai ki yahan se iska girna shuru hoga. Shukria