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Today market technical analysis trend is buy according to some best indicator Zigzag,RSI
Market is going up position so if you want to gain good profit must open order buy. Also money management keep you safe from loss. Before trade open must recognize market trend .Your knowledge about market give you chance to earn good profit .
Best of luck .
market trend for this pair
technical indicator for analyzing :
Momentum : Bullish
Simple Moving Average : Bullish
Pivot points : Bullish
Ichimoku : Bullish
everyone use his strategy by its own opinions. some peoples used fundamental approaches, some people used moving averages and other then used supports and residences,who help him to make his strategy .
I hope you can earn more profit this week
it seems that will still go up, if this pair currency has shown its strength, we can open BUY with a target at second resistance.and possibly will rise, hopefully what we try can produce, and if there are mistakes we hope we can evaluate and improve well, keep money management well and don't forget to start our trading by praying first, so that it can run well, sometimes market are moving with slowly but sometimes are highly moving.hopefully everything is facilitated and can be a blessing for us all, hope you make more profit and earn much more better as other benefits as well.
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hello my dear friends how are you , I hope you will be fine everyday
I predict this pair will reach to the next resistance level, maybe this pair will make some correction to the next high level.
Up trend is indicated from the Simple Moving Average and Bollinger Bands indicator .
BUY position is better choice now, you can set target profit level 35 pips from current price
that’s according to the green color shown by the Bollinger Bands indicator determining by that the main market direction.
bullish signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal.
this pair can continue bullish trend today and there is possible chance price will move to up side.
USD/CAD
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EURUSD
trend strongly Bullish
1.-.-. Resistance 1.4169
2.-.-. Resistance 1.4199
3.-.-. Resistance 1.4232
1.-.-. Support 1.4143
2.-.-. Support 1.4103
3.-.-. Support 1.4066
USDCAD trend is sell
Pivots Point : 1.41759
1 Supporting level is 1.39906
2 Supporting level is 1.39312
3 Supporting level is 1.38724
1 Resistance level is 1.41085
2 Resistance level is 1.41677
3 Resistance level is 1.42269
Forex forum is the good forum in the world. It provide us facility to earn good profit by trading on it. I have also use this forum for invest money and make trading to earn good profit. I have used to indicators RSI and Zigzag for signal of trading then I have made trading and earn good profit.
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Pivot, Resistance Levels and Support Levels for USD / CAD
For Stop Loss and Trading Targets
Calculation For Trading:
Resistance Level (R3): 1.442
Resistance Level (R2): 1.435
Resistance Level (R1): 1.424
Pivot Point: 1.417
Support Level (S1): 1.406
Support Level (S2): 1.398
Support Level (S3): 1.387
USD/CAD
Bearish
Pivot Point 1.4120
3 Support 1.3776
2 Support 1.3948
1 Support 1.4057
1 Resistance 1.4229
2 Resistance 1.4293
3 Resistance 1.4465