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.
Golobutt (2019-09-18)
The chart clearly describes the huge bearish momentum for the current bearish wave, the pair has been under heavy price since breaking below the main ascending trend line of the broken bullish trend. Thus, we remain strongly bearish on the pair, although we might see attempts to acquire a pullback as price has gone extremely oversold as seen on stochastic.
Recommendation : Based on the charts and explanations above, we recommend selling the pair around 0.7710 targeting 0.7650 and 0.7600. Stop loss above 0.7760
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.
1. Trend analysis today with hma system:
hma 32 as short term trend indicator = down
hma 192 as medium term trend indicator = down
hma 860 as long term trend indicator = down
So the trend is down.
2. Pivot,ressistance and support level this day:
p: 0.7723
r1: 0.7766
r2: 0.7838
r3: 0.7880
s1: 0.7650
s2: 0.7606
s3: 0.7535
Golobutt (2019-09-18)
The pair continues the decline; meanwhile stochastic flattens within oversold area, while price is attempting to regain some momentum for a possible correction. In general, there are different technical factors that suggest a trend reversal and the downside bias to remain in favor in the upcoming period. Thus we hold onto our bearish expectations for the pair.
Recommendation : Based on the charts and explanations above, we recommend selling the pair around 0.7825 targeting 0.7755 and 0.7700. Stop loss above 0.7905.
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.
Golobutt (2019-09-18)
Mrenstein signal indicator now:
tf m15: 25.86
tf m30: 43.42
tf h1: 70.94
tf h4: 38.61
tf d1: 9.83
Movement of the NZD / USD briefly rose, muffled by the daily pivot point. Now the price to drop from the pivot point. See the signal of which have penetrated ma 16 ma 96 may affect the subsequent motion to continue to rise to the top. However, the weakened condition of the trend shown by the movement of ma ma480 96 and will make prices difficult to continue rising.
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.
Golobutt (2019-09-18)
The pair continued moving lower, printing new lows without acquiring any upside pullback. Accordingly, we continue to expect further downside action, where 0.7820 intraday resistance should limit intraday rallies.
Recommendation : Based on the charts and explanations above, we recommend selling the pair around 0.7820 targeting 0.7770 and 0.7700. Stop loss above 0.7900.
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.
Every currency pair is good in forex trading business,if you can do it accurately.But,I suggest you to trade with EURUSD pair.Because,everyday there is a huge ups and downs are shown in this pair.So, you can earn a lot.
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.
1. Trend analysis today with sma system:
sma 16 as short term trend indicator = down
sma 96 as medium term trend indicator = down
sma 480 as long term trend indicator = down
So the trend is down strong.
2. Pivot,ressistance and support level this day:
p: 0.7838
r1: 0.7866
r2: 0.7906
r3: 0.7934
s1: 0.7798
s2: 0.7770
s3: 0.7730
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.
There are currently users online. members and guests
Threads:
Posts:
Member: