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nice bear candle after the previous candle hit the resistance trendline
i think it will break the previous low to form a divergence pattern, if the divergence pattern hold maybe the revesal will unfold hr koi various indicators use krta hy us ki wajja yeh hy koi trading ko analysis krta hy koi market ko ki direction dekhta hy koi indicators use krta hy jo indicators main use krtaa hoon us k mutaabik market sell kr chuki hy ab us ka buy ka time hy
Resistance levels
1.Resistance=>1.0436
2.Resistance=>1.0453
3.Resistance=>1.0481
Supporting levels
1.Supporting=>1.0380
2.Supporting=>1.0353
3.Supporting=>1.0335
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Today market analysis and trend:buy
According to indicators :-
Parabolic sar
Bollinger band
RSI
And
Moving average
Tell the about market trend up so we do trade in buy and take good profit
Forex Trading Is The Tree Of Money If You want Become A Millionaire So Achieve Good Knowledge About Trading
π BesT Of LucK π
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Usdcad
u.s. Dollar / canadian dollar
1.30648
cad
+0.00092 (+0.07%)
market open (jan 10 07:53 utc-5)
1.30556
prev
1.30556
open
40.985k
volume
1.30534 β 1.30757
day's range
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Today i will discuss this pair......
In this pair eveverybody know about this it. upward and downward movement.. ..
I see the daily chart that indicate complete downtrend of this pair.
Exponential Moving Average (10) :
Simple Moving Average (18) :
Exponential Moving Average (28) :
Simple Moving Average (35) :
Exponential Moving Average (54) :
. The list of indicator those i uses are as follows.
Parabolic SR
moving average 10
Moving average 60
Moving average 200
MACD Future
Fibo piv-2
These indicators are Most important for me and my trading know off. Everyday i am using these indicator .and earn a good profit.
Please like my post
π·Thanks youπ
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uSD/CAD>>
pivot point :1.3240
first resistance is on point : 1.32342
second resistance is on point :1.3345
third resistance is on point : 1.3259
In my observation the profitable next selling point will be 1.3298
and by my mind the profitable next buy point will be 1.3167
I think thats the successful key points for selling and buying for this pairs.>>>
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.
note;simply moving on parabolic levels entry.>
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usd.cad
Resistance UP ^
pivot point # 1.3156
1#Resistance 1.3267
2# Resistance 1.3280
3# Resistance 1.3294
Support DOWN V
1# Support 1.3234
2# Support 1.3226
3# Support 1.3213
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How could the data affect USD/CAD?
Yohay Elam, FXStreet's own analyst offered his take on the possible market reaction to the employment details: βIf Canada gained around 20,000 positions last month, the response would likely be more muted, allowing wage growth to have an outsized impact. IF paychecks remain around November's levels, the C$ still has room to edge higher given the positive bias. The probability is medium.β
βThere is a good case for a considerable rebound in jobs, better than average estimates. In this scenario, the Canadian dollar has significant room to rise, as it already enjoys an uptrend. The probability is high,β he added further.
Yohay also explains the scenario, wherein an unlikely disappointment β having a low probability β may send the C$ plunging. βA meagre increase in jobs cannot be ruled out, nor can a third consecutive month of losses. In this case, the loonie may find itself in a lonely position, falling even if other currencies gain against the greenback amid a weak US labor market report. The probability is low.β
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Usdcad
u.s. Dollar / canadian dollar
1.30359
cad
β0.00197 (β0.15%)
market open (jan 10 08:52 utc-5)
1.30556
prev
1.30556
open
55.467k
volume
1.30292 β 1.30757
day's range
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Today market trend:sell
Market exchanging sign rely upon a pointers*
Resistance points and Support points of market goes down
The pointers educate us concerning business sector down so do the exchanging Sell and get an enormous benefit
So could the trading in Sell and get a huge profit
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Usd/Cad
The USD/CAD pair fell around 40-pips, hitting fresh session lows at the 1.3030 zone*in reaction to dismal US NFP/upbeat Canadian employment details.
According to the data released this Friday, the headline NFP came in to show that the US economy added 145K new jobs in December. The reading was softer than the previous month's downwardly revised 256K and worse than consensus estimates pointing to a reading of 164K.
Adding to this, the average hourly earnings also fell short of market expectations. The disappointment was evident from a weaker tone around the US Treasury bond yields, which eventually turned out to be one of the key factors that exerted some pressure on the US dollar.