Today Market position is : Sell
Market ajj bohut zaida nechay ki terf move kar gyi hai
Or Support and Resistance be Market kay nechay k janay ka Ishara day raha hai
Is liya Sell ki trade laga dani chahiye
USD/SEK - currency Trade pair.
Today forex signal - Buy
Support 3 - Support 2 - Support 1.
9.4269 - 9.4382 - 9.4564
Resistance 1 - Resistance 2 - Resistance 3.
9.4859 - 9.4972 - 9.5153
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.
It's almost 3 months now that eurusd has been on the downtrend since the last top at 1.25548, February 16, 2018. Since then eurusd has been sideways keeping above the uprend trendline. Since last 2 weeks ago, eurusd has broke the uptrend trendline and eurusd now show downtrend. Having broke the uptrend trendline, when now will eurusd make bottom and reverse up.
Having broke the uptrend trendline now, we cannot say that eurusd will now continue the long-term downtrend. We still have several bottom/supports below to contend with, 1.1717 and 1.1553, which should hold eurusd from going down. Although eurusd has already made a long move down now, it is the view that eurusd will still continue down as it has still strong momentum. And with that we have bottom/supports at 1.1717 and 1.1553 as possible targets.
every one how are you.... I hope all of you shall be all right. ..Jasy k ap sab log janty hain k forex trading itna easy ni
ha jitna k hamain nazar aa raha hota ha . Is me emotional conditionns ko b face krna parta ha . Us time jab hamain
big loss ho raha hota ha ...iis currency pair pr . Serf vohi log trading kr sakty hain. Jinhain. Market ke kuch
know of . Ya phir 5 to 6 years ka experience. Hamary jasy new comers to bus yahan loss khany he aaty hain...
in pair ke movement bohat fast ha . Or jasy k apko pata ha . . Chances of losses b bohat hain. . So may ap sab se
request krta hon k ap sab log is pair pr Trade krny se pehly Khob isy samj lain itny MACD indicators and technical
analysis ko b samj lain. Vo is liy k apko loss k chances kam ho jain. At the end Good luck for your future.
click THANKS if you like
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 downindicators ko follow karte hoye aur apni samjh soch ke sath trading karni chahiye
forex trading is a good way to make
Resistance and Target - 0.6726
Support and Stop Loss - 0.6702
Always follow Long time frame market trend.
Signal is Sell.
USD/SEK 1H Chart: Rising wedge pattern in sight
The US Dollar has been appreciating against the Swedish Krona since the beginning of November. This movement has been bounded within the rising wedge pattern.
Currently, the currency pair is testing the lower pattern line at 9.6000. From a theoretical perspective, it is likely that some upside potential could prevail in the market, and the pair could reach the upper pattern line located circa 9.7800. If the given pattern holds, it is likely that the general direction is expected to remain north in the medium term.
click THANKS if you like My Post
USD price action has edged steadily lower since its October 01 swing high measured via the US Dollar Index (DXY). Recent weakness in the broader US Dollar can be attributed to several factors like fading demand for safe-haven currencies as trade relations between the US and China seemingly improve or how the Federal Reserve is inflating its balance sheet at an astonishing rate.
These fundamental headwinds may linger and keep exerting downward pressure on the US Dollar. This is seeing that US-China trade officials confirmed a phase one trade deal has finally been reached between Washington and Beijing, which will likely continue to fuel appetite for risk.