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The monthly chart is in a large Bearish channel. There is also a down Fibonacci ABCD swing with the D extension at the parity level. The Weekly chart is in a Bearish ABCD swing. The Daily Daily chart is also in a down ABCD swing as the counter trend line has been broken. I expect price to continue falling to 1.0136 which is the Daily Fibonacci D extension.=====
Today market trend: Bullish
Resistance and Support points are depend on market news
So before trading see indicators and then take a decision for trading
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today my technical analysis on market trend with this pair.
market trend on BUY
moving average with buy 65%
moving average with SELL35%
Parabolic sar on BUY
SO if we trade buy side then we get sI predict this pair have bullish direction
I suggest to take LONG position today
time frame that is considered while making support and resistance levels – use Daily and Weekly time frame, consider the daily economic news before taking the tradehurely take profit to earn
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 hony ka ishara de rahe hain
Isliye hum ko sell main trade laga deni chahiye
predictions for the day.
trading is risky if no analysis is done
GBP/USD - is the currency pair we will be focusing on
major low levels also known as supports 1.2427
major high levels also known as resistance - 1.2446
Day = 2013.09.30
Pair = GBPUSD
Time Frame = 1440
Results of analysis of the daily pivot point calculations
Resistance 2 = 1.6207
Resistance 1 = 1.6150
Pivot Point = 1.6091
Support 1 = 1.6034
Support 2 = 1.5975
This calculation is not a reference to create the opening position but merely an approximate calculation of the price movement.
I am not responsible for any errors that occur because the only information from the previous calculation
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.
Note:Always Follow the making experienced with others having great knowledge about trading.
Gbp/Usd
Today market trend is :sell
This pair is in a directionless consolidation, we can see that the price is gravitating heavily to the downside. It has repeatedly found support at the yet after every bounce it tends to return to this area, creating a pronounced bearish bias.so i recomand for sell today all support and resistence showing this trend==≠===
The monthly chart is in a large Bearish channel. There is also a down Fibonacci ABCD swing with the D extension at the parity level. The Weekly chart is in a Bearish ABCD swing. The Daily Daily chart is also in a down ABCD swing as the counter trend line has been broken. I expect price to continue falling to 1.0136 which is the Daily Fibonacci D extension.=====
high level points of current day -
1.2447
low level points of current day -
1.2425
pair is highly in buy direction.