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The USD/CAD pair climbed to fresh daily tops in the last hour, with bulls now eyeing a move towards reclaiming the 1.4200 round-figure mark.
Following the previous session's sharp intraday pullback of nearly 350 pips and a late bounce from the key 1.40 psychological mark, the pair caught some fresh bids on Wednesday and was being supported by a goodish pickup in the US dollar demand.
Investors remained concerns that the ever-increasing coronavirus cases and broader lockdowns across the world will take its toll on the global economy. This buoyed the USD's status as the global reserve currency and assisted the pair to regain positive traction.
Meanwhile, a subdued oil price dynamics did little to provide any meaningful impetus to the commodity-linked currency – the loonie – or influence the pair's intraday momentum through the early European session on Wednesday.
It will now be interesting to see if the pair is able to capitalize on the move or runs into some fresh supply at higher levels. Later during the early North-American session, the release of the US ISM Manufacturing PMI will be looked upon for some short-term trading opportunities.
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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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Usd/Cad
Resistance Level (R3): 1.457
Resistance Level (R2): 1.445
Resistance Level (R1): 1.426
Pivot Point: 1.414
Support Level (S1): 1.396
Support Level (S2): 1.384
Support Level (S3): 1.365
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Hellow friends hope all of you are fine. The moments of wait be finished soon. All of us be happy for our bonuses of this month.
Trading rates be very complicated issue so all of us be very carefull about our trade.
But the main thing is we dont lose Hope and keep it up.
Everyone made his stretigy by its own opinions.
Trading stratigies as our demand like gold trading is most beneficial as compared to other currencies
the matter is not the trading of gold at all But, Important is the ways through which we gain our profit or loss.
Or aik sb se zyada zruri elaan wo ye k trade hmesha 7.00 se 17.00 tk jati he normal routines m.
sb doston se guzarish he k trading k hwale se thora sa guide kr den
ta k idea rahe k kb kb hmne average case m rehna.
One important thing else is the power momentum indicator.
which as you can see show a low power of the bullish trend which can be used to filter the entry of buy positions.
agr bat ki jaye market level ki to indea ki trade market boht achi jaarae he
kmazkm pakistan se behtar he.
Thank You!
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Market analysis about trading
Today market trend = sell
Oscillator sales volume
Current price
And
Support points and resistance
market ke nechay janey k haq main hain
Sell ki trade profit de gi
Indicators ko follow karte hoye aur
apni samjh soch ke sath trading
Kren
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Market analysis about trading
Today market trend = sell
Oscillator sales volume
Current price
And
Support points and resistance
market ke nechay janey k haq main hain
Sell ki trade profit de gi
Indicators ko follow karte hoye aur
apni samjh soch ke sath trading
Kren
-
Market analysis about trading
Today market trend = sell
Oscillator sales volume
Current price
And
Support points and resistance
market ke nechay janey k haq main hain
Sell ki trade profit de gi
Indicators ko follow karte hoye aur
apni samjh soch ke sath trading
Kren
-
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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every one how are you.... I hope all of you shall be all right. ..Jasy k ap sab log janty hain k forex trading itna easy ni
ha jitna k hamain nazar aa raha hota ha . Is me emotional conditionns ko b face krna parta ha . Us time jab hamain
big loss ho raha hota ha ...iis currency pair pr
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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Today indicators shown bearish short terms trend
Pivot Point : 1.3297
Supporting Levels:
Support 1: 1.2878
Support 2: 1.2890
Support 3: 1.2789
TREND: BULLISH
Resistance Levels:
Resistance 1: 1.3300
Resistance 2: 1.3310
Resistance 3: 1.3319
When today the market is opened then showing up and supporting levels are also available here its not remain here this pair because h4 telling here down side that is up trends
