Thread: Usd/Cad
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This pair surely increas the movement down
Side, because of indicators show that the down
Trend
Pivot Point, Moving average ,Crunt price, Rsi,
Resistance and Supporting points, MACD,
Parabolic sar, Bollinger Band, H4, H1, M30,
All the indicators running the favor down
Side
So market trend this time is sell
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This is the daily timeframe view: The pair has formed a perfect head and shoulders pattern, which suggests a short. We, however, trade with confirmations only, so wait for the confirmed breakout(2h candle closing below the level), then wait for the retracement, and only then>We can see here a very strong supply zone because of the long red candles. The price went down very quickly. Wait now for price action at the supply zone to confirm an entry. Please leave a like to support my view. Thanks for reading, stibo
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technical indicator for analyzing :
Momentum : Bullish
Simple Moving Average : Bullish
Pivot points : Neutral
Ichimoku : Bullish
Resistance and Support points market ke nechay janay ke haq main hain. Buy ki trade profit de gi.
Indicators ko follow karte hoye aur apni samjh soch ke sath trading karni chahiye.
I recommend this trading trend for all my friends because I made this recommendation after the great experience of trading and analysis of fundamental approaches.
If you want become Successful Trader In forex business, do hardwork and get more knowledge and experience about forex trading
I hope you can earn more profit this week
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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
--- Update ---
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
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Hassinali (2020-06-09), Samranfaizan220 (2020-06-09)
Today position :buy
Ye kaafi weak chal raha hai aur esliye esme usd strong hone ki wajah se ye pair up ho raha hai,esme ka level agar break hota hai to esme fir buy nahi karna chahiye,.aur sabse strong support esme long term trading ke liye hai tabb takk esme trader buy the dip karke market me sahi entry lekar apne trade ko open aur close kar sakta hai.
Aj k liye buy Karna zaida better rahay ga
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Hassinali (2020-06-09), Samranfaizan220 (2020-06-09)
The pair is in strong uptrend line targeting But a clear break of this blue uptrend line will trigger a strong bearish targeting
Major trend : upward
Minor trend : downward
current position, a position floting loss, -4. two positions have not been executed pending orders.
price is currently undergoing a correction, and it seems like the trend up will not change
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Hassinali (2020-06-09), Samranfaizan220 (2020-06-09)
Today position :buy
Ye kaafi weak chal raha hai aur esliye esme usd strong hone ki wajah se ye pair up ho raha hai,esme ka level agar break hota hai to esme fir buy nahi karna chahiye,.aur sabse strong support esme long term trading ke liye hai tabb takk esme trader buy the dip karke market me sahi entry lekar apne trade ko open aur close kar sakta hai.
Aj k liye buy Karna zaida better rahay ga
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Hassinali (2020-06-09), Samranfaizan220 (2020-06-09)
Today market trend:ßearish Sell
Resistance points and Support points going down in 4 hours chart
According to the famous indicators market goes down so we want do the trading in sell
Keep confidence and take a huge profit in forex trading because the confidence is a main key of success
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Hassinali (2020-06-09), Samranfaizan220 (2020-06-09)
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
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Hassinali (2020-06-09), Samranfaizan220 (2020-06-09)
The intraday USD buying picked up pace during the early European session and lifted the USD/CAD pair to fresh daily tops, around mid-1.3400s in the last hour.
As investors digested the latest optimism over a sharp V-shaped global economic recovery, the US dollar was back in demand amid a modest pullback across the global equity markets. A stronger greenback was seen as one of the key factors behind the USD/CAD pair's solid intraday bounce.
The pair has now rallied around 100 pips from the vicinity of mid-1.3300s, or three-month lows set on Monday. The strong intraday momentum was further supported by some follow-through pullback in crude oil prices, which tend to undermined demand for the commodity-linked currency – the loonie.
Oil prices retreated further on Tuesday as investors seem unconvinced that a one-month extension of a record output cut by major produces might be enough to offset oversupply in the market. The concerns also overshadowed hopes for a swift recovery in demand, fueled by the easing of lockdown restrictions.
The combination of factors prompted some aggressive short-covering move around the USD/CAD pair. Bulls might now wait for some follow-through strength beyond the very important 200-day SMA support breakpoint before confirming that the pair has bottomed out and positioning for any further gains.
There isn't any major market-moving economic data due for release on Tuesday. Hence, the broader market risk sentiment will continue to influence the USD demand, which along with oil price dynamics might produce some short-term trading opportunities.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Hassinali (2020-06-09), Samranfaizan220 (2020-06-09)
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