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- EUR/USD has fallen to a fresh yearly low to start this week’s trade, and this week sees the ongoing saga between Brussels and Rome move back into the spotlight, as tomorrow marks the due date for Italy’s revised budget. At this point, neither side looks willing to give, and that can continue to create pressure in European markets until some element of resolution is found. This was looked at in this week’s Weekly Technical Forecast for Equities, specifically focusing on an area of resistance in the DAX after last week’s recovery began to falter.
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Going along with that fresh yearly low in EUR/USD is a new high in the US Dollar via DXY. The currency gapped-higher on the open and, as of yet, hasn’t pulled back to fill that gap. This is a breakout that could be difficult to chase at this point; but the bullish structure is there and the area around this unfilled gap becomes of interest for higher-low support potential. For USD fades, a couple of markets remain interesting in NZD/USD and AUD/USD. For a continuation of USD-strength, both EUR/USD and GBP/USD remain attractive.
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It’s a big week for Europe as the Italian budget saga moves back into focus. Tomorrow is the date in which the revised Italian budget is due in Brussels and, at this point, neither side looks ready to compromise. Opening the week, the Euro is falling further after last week’s reemergence of weakness.
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EUR/USD had started November on strong note, bouncing from the failed attempt to take-out the 1.1300 level in late-October. That bounce saw prices put in tests at 1.1448 and again at 1.1500 as buyers continued to push to higher-highs. But, as looked at last week, that 1.1500 test was what brought sellers in to the degree that 1.1330 could be threatened. And to open the week, that 1.1300 low has already been taken-out as early-week price action has continued last week’s sell-off.
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bullish trend seems to be taking place on the NZDCAD pair and that’s according to the green color shown by the Bollinger Bands indicator determining by that the main market direction. A buy signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal.
This pair can continue bullish trend, now current price at 0.8982 and strong support at level 0.8962 in hourly time frame. there is possible chance price will move to up side. then next high price is 0.9032
I suggest to entry BUY with stoploss at 0.8947 and take profit at 0.9032
I hope you can earn consistent profit from my signal, good luck
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Today nzd/cad live current rate: 0.89572
aj zyada sy zyada selling point 0.89203 hoskta hy and today zyada sy zyada buy point 0.89803 hoskta hay
So i think that this pair will be very suitable and profitable for your trading and i think that if you will follow my signals so you can become a good and profitable trader and also you can earn more money . My all best wishes are with you GOOD LUCK
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my dear sir Technical analysis trends
Short Term Mid-Term Long Term
Trend Bullish Neutral Neutral
Resistance 0,91 0,92 0,95
Spread/Res. -1,2% -2,1% -4,9%
Spread/Supp. 3,4% 7,8% 7,8%
Support 0,87 0,83 0,83
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Nzd/Usd today bearish trend go down
Resistance and supporting level today is:
Resistance level first: 0.9003
Resistance level 2nd : 0.9029
Resistance level 3rd: 0.9051
Supporting level first: 0.8941
Supporting level 2nd: 0.8911
Supporting level 3rd:0.8889
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nzd cad ka uptrend chal raah hai
lekin iska candelstick graph dekh ke lagta hai .07890 pe iska bahut striong resistence hai..isse pehle isko buy nahi karna chahaiye..
1 baar agar ye value tuut jati hai fir iski buying ki ja sakti hai
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Technical analysis for this pairs
nzd/cad analysis for 17.11.2018
( NZD/CAD ) price sell (minimum) is 0.8926
or buy (maximum) 0.9034