Thread: Aud/Cad
Pair: aud/cad
Today indicators shown bearish short terms trend.
Pivot Point : 0.9077
Supporting Levels:
Support 1: 0.8832
Support 2: 0.8912
Support 3: 0.8813
TREND: BULLISH
Resistance Levels:
Resistance 1: 0.9045
Resistance 2: 0.9078
Resistance 3: 0.9096
When today the market is opened then showing up and supporting levels are also available here its not remain here this pair because h4 telling here down side that is up trends.
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Today market trend:sell
Market exchanging sign rely upon a pointers*
Resistance points and Support points of market goes down
The pointers educate us concerning business sector down so do the exchanging Sell and get an enormous benefit
So could the trading in Sell and get a huge profit
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Hassinali (2020-02-05)
Aud/Cad
Pivot levels today:
R3: 1.0443
R2: 1.0415
R1: 1.0367
PP: 1.0340
S1: 1.0292
S2: 1.0265
S3: 1.0215
Comment: Price now is below the daily and weekly pivot levels, also it is below the 55 SMA, so more fall is expected.
Forecast: Price may fall to 1.0215.
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Pivot levels today:
R3: 1.0297
R2: 1.0276
R1: 1.0236
PP: 1.0214
S1: 1.0174
S2: 1.0153
S3: 1.0112
Comment: Price now is above the daily pivot level, but it is below the 55 SMA, so no clear signal now.
Forecast: By breaking 1.0214 level, this may open the way to more fall to 1.0112.
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Hassinali (2020-02-05), Shahzad apl (2020-02-05)
AUD/CAD
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148 (2020-02-05), Hassinali (2020-02-05), Shahzad apl (2020-02-05)
Yesterday’s statements by the Bank of England that the rate can be both raised and lowered if necessary, and uncertainty in this matter returned the pressure on the British pound, and the breakthrough of the level of 1.3065 is expected to lead to a new wave of decline. At the moment, buyers need to protect the support of 1.3000, and this will have to be done with any data on the UK economy. A good report can allow you to climb to the resistance of 1.3065, which will lead to the demolition of several stop orders of sellers and a larger upward correction in the area of the maximum of 1.3134, where I recommend taking the profits. In the scenario of a further decline below the level of 1.3000 on GDP data, I recommend returning to long positions only after the test of the minimum of 1.2952, or a rebound from the support of 1.2896.
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AUDCAD TODAY ANALYSIS
MARKET TREND BULLISH
Pivot Point 0.8926
S 1 >>>>> 0.8900
S 2 >>>>> 0.8857
S 3 >>>>> 0.8788
R 1 >>>>> 0.8969
R 2 >>>>> 0.8994
R 3 >>>>> 0.9063
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Hello Traders
It looks like on the weekly timeframe we're forming bullish divergence and we were able to close with a bullish engulfing pattern at a major support area on the daily time frame. Although i'm using the smaller time frames to look for an entry. As you can see that our previous resistance aligns perfectly with one of our fibonacci retracement levels. Wait for a candlestick confirmation before entering
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aamir123 (2020-02-05)
Aud cad technically marketing trading trend sell
today's price and previous price is pointing clearly towards that market will go down in business
resistance and support points are also pointing that business and trade will go down to the day
👍so i suggest today trade on sell
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aamir123 (2020-02-05), Muhammadasif11 (2020-02-05)
mery analysis k mutabik;Aud/cad ka trend sell ha
iis ka pivot point ha;0.9215
current price ha ;0.9201
Resistance or supporting iis trh sy ha
1;Resistance ha;0.9245
2;Resistance ha;0.9280
3;Resistance ha;0.9320
Supporting ye ha
1; supporting ha;0.9189
2; supporting ha;0.9177
3; supporting ha;0.9165
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.
aamir123 (2020-02-05), Muhammadasif11 (2020-02-05)
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