Everyone made his stretigy by its own opinions.
Some peoples used fundamental approaches, some
people used moving averages and other then used
supports and residences , who help him to make
his stretigy .
Today i discuss about the pair of ---USDSGD
My recommendation about this pair is --buy.
After the analysis of residence and supports and its previous movements.
Today by checking the all routine of the chart and indicator I have come to know that today the market will move in down way so I suggested that today we should choose the option of sell for trading Hope you will follow me and will get more money because I posted this after checking the market carefully Good luck my friends.
predictions for the day.
trading is risky if no analysis is done
EUR/NZD - is the currency pair we will be focusing on
major low levels also known as supports 1.8309
major high levels also known as resistance - 1.8430
EUR/NZD has been very bullish on the daily chart. Yesterday’s candle came out as a strong bullish candle. As of writing, today’s price action on the intraday charts has been also very bullish. The buyers are to wait for the price to make a downside correction and create a bullish reversal candle followed by a breakout at today’s highest high to offer them a long entry.
News) - China’s aggressive efforts to expand its 5G wireless network bode well for silver demand, said BMO Capital Markets.
The analysts cited reports that up to 18 provinces in China aim to build over 413,000 5G base stations this year, which BMO said “would be a positive for silver demand.”
The country’s Guandong province reportedly aims to build 60,000 5G stations this year, with 48,000 completed in the first three quarters. “Last week, China’s three major telecom carriers – China Mobile, China Unicorn and China Telecom – along with state-owned China Tower all pledged to accelerate their investment into 5G, in response to the government’s call to roll out new infrastructure projects that can revive domestic economic activity,” BMO said.
EURO - NEW ZEALAND DOLLAR
EUR/NZD chart by TradingView
As idle cash looks to find a strong and
secure yield, it is no wonder that the New
Zealand Dollar has benefited from the
current Euro-Zone crisis. Pairs such as
the Australian Dollar and New Zealand
Dollar are often viewed as a proxy for
Chinese growth and thus have performed
well against the Euro in recent years.
1.7600 pe iska 1 support hai aur 1.7700 pe iska 1 resistence jisse ye kafi time se nahi tod pa raha hai..
abhi iske liye kuch nahi kaha ja sakta..mere khayal se hume in values ke break hone ka intezar karna chahaiye
Is waqt market ki condition kafi mustekum hai aur aesa lagta hai ke market faida de sakti hai,,agar dekha jaye toh market achi tarah se move kar rahi hai is lye profit hony ke chancess barh jaty hain,aur doosri taraf agar ap market chart ko ghor se dekhen toh maloom hota hai ke market kafi down jany ke baad ab upar jati dikhai de rahi hai..
Expert ke mutabi aur bollinger indicator ke mutabiq aj buy trend hai,,ye just meri strategy hai,,aur ap logon ko chahye apni strategy se trade kren...
Best of luck..