Good night, welcome to the beginning of the week and the beginning of April 2021 Today date is 06.04/2021, I hope that in this 4th month we will be given fluency in carrying out all activities. Today I still maintain the buy option for the target which is directed at the high inner-trend channel area. However, if it fails to continue rising above the first resistance level the pivot will close. Then it will only open a reentry buy if there is a decrease in prices around the SMA5 level on the daily time frame. Meanwhile, he will not place TP, but his SL will be placed below yesterday's lowest price. Besides that, to anticipate a short-term decline, the plan is to open a sell option if the price fails to break the first resistance of the pivot or around the high trend channel. The target is directed at the daily SMA5 support level.
Top 6 Members for Today:
Friends, if we talk about today's top members, then the top member is Crazyprofit Eliottrend is trending at number two and forexrich rate at number three, along with on number four is Enkubo number five is Guestteam and the six is Helsinki. The quality of posting of these 6 members is quite good due to this, these 6 members are running on top. If we also improve the quality of our posting and we get likes on every post, it means that the quality of our posting is also good and our ID will also come on top.
Currently active Users :
The mt5 forum is currently at the top of the world and the number of users using it is increasing to a great extent. The current number of Mt5 forum is 55445. Along with this, the number of members who are online is 224. And if we talk about the gas tank, then the number of guests at this time is 3016. Overall, the number of online members is 3240, which is quite a lot. If seen this way, Instaforex people have agreed to a large extent and many people are getting attracted towards Mt5 and creating their accounts from where they are getting bonuses. Live long InstaForex and Mt5 forum.
The pair did not manage to go up today, to the upper border of the descending channel, the price froze at the lower border of the inverted triangle, this is the level of 0.9376, after chatting around this level for some time, the pair turned around and began to move down. Now I expect that the pair will continue to decline and the price will be able to move down to the lower border of the descending channel, this is the level of 0.9329, from where it is likely that the pair will turn around and try to move up. And already the target for growth will be the upper border of this channel, this is the level of 0.9402.
Eurusd prediction for Today:
The pair continued its correctional rise today, breaking through the resistances of 1.1811 and 1.1826 and now testing the level of 1.1841 for strength, while moving in the hourly ascending channel. Next in line are the levels of 1.1865 and 1.1871, from which we will most likely get a rollback downward. Alternatively, from the current positions the price can return to the supports at 1.1811 -1.1795 and start an upward movement from them.
I consider this entire rise as a correction from the strong level of 1.1719. Moreover, in the coming days, buyers can quite hold out on the 19th figure - to the levels 1.1902 - 1.932, but for now we will not look higher. But if this happens, the likelihood of a further decline will increase markedly.
Usdcad Wave analysis:
Good afternoon friends! Consider the position of the pair at the Pivot levels for today on TF M15. The pivot center is at 1.2538, the first resistance is at 1.2575, the second resistance is at 1.2631, the third resistance is at 1.2668, the first support is at 1.2482, the second support is at 1.2445, and the third support is at 1.2390. At the moment the pair is at the level of 1.2561, thus it is approaching the level of the first resistance. Further, in case of breaking this level and subsequent consolidation above it, one should expect a continuation of the upward movement with the nearest target at the second resistance 1.2631, or if sellers hold this level - a reversal and movement to the south with the nearest target at the central level of Pivot 1.2538.
If we overcome the marks at 1.2583 and 1.2650, then the way to 1.28-1.29 will be cleared. It is very interesting that so far the stock market is not helping the dollar much. It swelled even more and if at some point it goes to a correction, it will immediately give a strong strengthening to the green, therefore it is very dangerous to take now against the dollar. It cannot go down in any way, especially against the Canadian, who has broken through the channel and is now simply obliged to make a strong impulse upward in order to bring in all the sellers who have dominated the market lately.