USD/CAD.... BULLISH
PIVOT POINT 1.4040
Support Level S1.... 1.4000
Support Level S2.... 1.3975
Support Level S3 .... 1.3936
Resistance Level R1.... 1.4079
Resistance Level R2.... 1.4104
Resistance Level R3 .... 1.4144
Thread: Usd/Cad
USD/CAD.... BULLISH
PIVOT POINT 1.4040
Support Level S1.... 1.4000
Support Level S2.... 1.3975
Support Level S3 .... 1.3936
Resistance Level R1.... 1.4079
Resistance Level R2.... 1.4104
Resistance Level R3 .... 1.4144
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that moving average is very strong that keeping the price downwards from last many time, so it is expected that this time also the market will respect that moving average and will turn bearish from here. We should wait further for the daily candle to give us the confirmation and then we should start selling this pair further.
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maybe this pair will make some correction to the next high level.
I predict this pair will reach to the next resistance level,
Up trend is indicated from the Simple Moving Average and Bollinger Bands indicator .
using multiple time frame analysis will gives you a clearer view of the market and increases chance to making profit.
we must have a good strategy to get consistent profits ,
choose a strategy base on your trading style and increasing your knowledge about forex everyday.
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.
A.oA
Dear forex users Today market trend is sell.
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.
Es ly forex mn phly smjin pher kam krin .
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the pair price already touched daily resistance 2 level and above trend line.
now the price try to move Upward.
I think the price may touch daily pivot point frokhat ki satah par hai .
Candlestick charts are the most common chart types used by retail traders and investors. There are many other types of charts such as line charts, bar charts etc., but they don’t tell the story of past price action like candlestick indicator patterns do. When active trading is based solely upon technical analysis, projecting future price action is rooted in how the price has behaved in the past.
You will earn more money if you will follow my views,because I have posted this after checking the previous routine of daily time frame of H1,H4 clearly. some traders use fundamental analysis, other use indicators or supports and residences , believe on your own strategy.
This is very risky investment. According to my limited knowledge the investors should wait and see the every aspects of the market. The investor checks the actual worth of forex market.
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.
my technical analysis and some opinion about this pair
I using technical analysis. pivot point is the point in which the market sentiment changes from bearish to bullish.
support and resistance calculations give good signal for bullish.we can see a Buy signal on MACD indicator.
major low levels also known as supports -Buy the pair long term
major high levels also known as resistance - Buy currency pair long term
take Long position can give profit in forex market today.
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I see this pair to show bullish signal.
Simple Moving Average indicator also giving us buy signal.
this pair can continue bullish trend today and there is possible chance price will move to up side.
forex is the best way to make money at home and provide you with many opportunities in everyday life. forex helps millions of poor people around the world and unemployed people.
trader feel very reliable by working in forex business and can do it as a part-time or full-time job, just by sitting at home you can earn money.
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.
time frame that is considered while making support and resistance levels – use Daily and Weekly time frame,
consider the daily economic news before taking the trade.
the cost is break Obstruction and Pattern Line and it is Flying Up side with having the Long signal from the explanatory SAR.
the market pattern could stay in this position and I expected help opposition levels.
money management in forex trading is very effective for getting profits with stop loss and take profits method with current trading position.
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.
I see the daily chart that indicate complete downtrend of this forex pair.
I use more than one indicator,
Exponential Moving Average (16) : buy
Simple Moving Average (24) : neutral
Exponential Moving Average (30) : neutral
Simple Moving Average (28) : buy
Exponential Moving Average (54) : buy
These indicators are Most important for me and my trading know off. Everyday i am using these indicator .and earn a good profit.
trade with confidence, and not to be confused
If you face lose then not to worry about this loss is just part of forex trading.
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 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.
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.
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