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Today market trending is buy
Moving average or techincall indicator shows that markete move up side
According to my analysis today this pair is looking BEARISH
We should trade buy
If you understand the marketing strategies then you will earn better profit.
If you cannot learn about market trend then you will face lose
Best strategy give Best profit in forex trading
"Best"
Today market trend:Sell
Resistance and support poinst also going down
Parabolic sar bollinger band rsi indicators also tell market down
So think about situation and then easily take decision for trading
Forex trading is a powerfull business in the world
"Best"
Keep in mind, the USD/CAD correction from the 2020 high (1.4667) managed to fill the price gap from March, with the decline in the exchange rate pushing the Relative Strength Index (RSI) into oversold territory for the first time since the start of the year.
Nevertheless, USD/CAD reversed from the March low (1.3315) in June, with both price and the RSI carving an upward trend during the month, but the bullish formations have been largely negated as the exchange rate snapped the range bound price action during the first half of July.
USD/CAD managed to track the June range throughout the previous month as the RSI broke out of the downward trend established in July, but the failed attempt to push back above the 1.3440 (23.6% expansion) to 1.3460 (61.8% retracement) region has spurred a break of the March/June low (1.3315) even though the momentum indicator failed to push into oversold territory.
The RSI appears to be deviating with price as it reverses course ahead of oversold territory, but the failed attempts to break below 30 may indicate a potential exhaustion in the bearish price action rather than a change in trend as the 50-Day SMA (1.3462) continues to track a negative slope.
Keep in mind, a ‘death cross’ formation seemed to have taken shape in August as the 50-Day SMA (1.3462) crossed below the 200-Day SMA (1.3531), but the difference in slope undermines the bearish signal as especially as USD/CAD fails to test the January low (1.2957).
Lack of momentum to test 1.3110 (50% expansion) has pushed USD/CAD back above the 1.3170 (50% expansion) region, with the recent series of higher highs and lows bringing the 1.3250 (23.6% retracement) area on the radar.
Next region of interest comes in in around 1.3290 (61.8% expansion) to 1.3320 (78.6% retracement) followed by the Fibonacci overlap around 1.3440 (23.6% expansion) to 1.3460 (61.8% retracement).
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
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
🌷🌷The Confidence is a Main Key Of Success
usd/cad = sell
time zone = hour four
trend = sell
Hour Four me ye pair sell me ja skta hai. is lye hum ko is me sell entry leni chahye. mgr daily or weekly time me ye pair Up ja skta hai. is ley ehtiyat k tor pr trading me stop loss use kren.
Aj market ka trend sell ka hy.
Technical indicators sy b pta chalta hy k market sell ki position me hy.
Resistence or suport point dawn ja ry hen jin sy pta chlta hy k market sell k haq me hy.
Hamy market k trend ko dekhty huwy trade lgani chahye. agr market ko smjy bgair trade kren gy to is sy los hony k chance zyada hen.
Agr achi earning krni hy to us k liye apka market k indicators ko smjna bohat zruri hy.
So good luck and keep it up..:263a:
Today Pair Trend= BULLISH
Pivotal Point =1.3135
Time Frame = H 4
Risk Reward Ratio Should Be = 1:2
Take Your Trade With Emotional Discipline.
The cycle-sensitive Canadian Dollar may fall in the week ahead if growth prospects from the US – the source of Canada’s economic vitality and primary destination for its exports – darken. Initial jobless claims data continues to register at historically-high levels and with such a magnitude that it makes the 2008 crisis – in comparison within this particular data set – look like a garden-variety downturn.
The Canadian Dollar will be paying particularly close attention to the publication of preliminary Markit PMI data for April out of the world’s largest economy. A worse-than-expected print could hurt CAD and cause it to retrace some of its recent gains. Even if the data registers in-line with forecasts or slightly better, the fundamental uncertainty posed by the coronavirus will likely continue haunting the Canadian Dollar.
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