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Today market analyses trend by the buy the gold nd aur/USD and gain good and huge profit .
dear friends I always use
Rsi
and
zigzg indicater and make profit use stop loss and take profit and gain good profit .
The pair is moved up to test the resistance on 1.3560
if it is breaked we can see the pair move up
if this resistance is not breaked we can see the pair move down to test the 1st support on 1.3520
▼ 0.9202
-0.0049 (0.52%)
Update 26/07/2020
15:34:44
Trade USD / CHF Now
High 0.9262
Low 0.9203
Open 0.9253
Prev Close 0.9776
XAU/ USD has raised to highest level at $1907 . This Friday’s Asian trading, the persistent weakness in the US dollar across its main peers, in the wake of the renewed concerns over the US economic recovery, stimulus stand-off and fresh lockdowns in the country, continues to keep the buying interest intact in the yellow metal. The US dollar index meanders near 22-month lows of 94.57, posting small losses, at the press time.According to the tool, the precious metal needs to pierce through the nine-year highs at $1898.44, where Fibonacci 23.6% one -day lie, to take on the $1900 level.
A decisive break above the $1900 round figure would call for a test of the powerful barrier at $1904, the convergence of the Bollinger Band four-hour Upper and Pivot Point one-day R1.
The record high at $1921.17 will be the next upside target.The next support is aligned at the Fibonacci 61.8% one-day of $1877, below which the SMA10 four-hour at $1875 could be tested.
Further south, a cluster of support levels is seen around $1867, the confluence of the pivot point one-day S1 and Bollinger Band one-day Upper. So before open trade must recognize market trend which saves you huge loss.
Best of luck
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.
Today Market trend:sell
Current price aur previous price market ke down hony ka ishara de rahe hain
Resistance and Support points bhi market ke down hone ka he ishaara de rahein hain
Isliye hum ko sell main trade laga deni chahiye
Today's market trend: Sell
kal ki downward movement ko market continue kar skta hai kyuki market meh kafi downtrend tha kal or sellers kafi control me the ,
halaki price abhi ek resistance level pe hai us resistance ko market ache se test karega agar ye level break hota hai toh pakka strong down
EUR/CAD still try to continue upward movement with positif sentiment. I think price can move up until break daily ressistance 1 level (1.2981) because there is up movement for short, medium, and long term trend. After asian market session opened, price rise but limited. Price retrace down after touch hma 192 line indicator , but now price is trying to up again and it's shown up strong. If this condition still occur in some candle again, price can break daily pivot level (1.2971) then will trying to touch ressistance 1 level (1.3004).
Elliott: flat correction down 1.2845
Market should not go lower than 1.2894 - 1.2866. After this move down it should go up to 1.2939 - 1.2957 area.
Technical points
Key point 1.2875
Entry point 1.2914
Elliott 1.3023
Closing 1.2901
Projection 1.2845
Trendline 1.2977
Trendline 1.2931
Supports / Resistances
Res 2 1.3013
Ex-High 1.2977
Res 1 1.2957
Pivot 1.2921
Sup 1 1.2866
Ex-Low 1.2886
Sup 2 1.2830
EUR/CAD - currency Trade pair.
Today forex signal - Buy
Support 3 - Support 2 - Support 1.
1.5578 - 1.5597 - 1.5615
Resistance 1 - Resistance 2 - Resistance 3.
1.5652 - 1.5671 - 1.5689
Time frame that is considered while making support and resistance levels - Daily and weekly Time frame
Consider the daily economic news before taking the trade.